News

US GDP for the fourth quarter of 2011 has been revised up from 2.8% to 3%, the latest piece of more positive economic data to emerge from the world's largest economy.

European banks have borrowed €529bn from the European Central Bank in the second tranche of its three-year long-term refinancing operation (LTRO), asking for more support than forecast.

Martin Currie is merging Tom Walker's £28m North American Alpha fund and James Fairweather's £44m Martin Currie Global fund into existing funds to streamline its range.

Neptune's Robin Geffen has spoken out against Prudential's plans to re-domicile overseas, saying it would raise questions over the insurer's "financial health".

Broadcaster ITV reported a climb in revenues and underlying profit this morning, boosting shares and providing a lift for supporter Sanjeev Shah.

The Dow Jones has closed above the 13,000 mark for the first time since the Lehman Brothers collapse prompted the market crash of 2008.

HSBC could face criminal charges and "significant" fines in the US in the wake of investigations into alleged money-laundering.

Technology giant Apple became part of an elite group of companies with an equity value above $500bn yesterday, after shares climbed 2% on talk the group is poised to launch a new iPad.

Henderson Global Investors is raising its dividend after reporting a 58% profits jump in 2011, even with the cost of the Gartmore integration impacting results.

PIMCO's Bill Gross is moving from the offensive to the defensive as he calls time on the ‘total return' strategy he has pursued over the past three decades.