News

Global stocks rallied on Friday on better eurozone news and stronger-than-expected manufacturing numbers in the US.

Hearthstone Investments is launching a property fund early next year seeking to track price moves in the UK residential market.

HSBC has introduced hedged sterling share classes for its recently launched absolute return vehicles - the GIF European Equity Alpha and GIF Global Emerging Markets Equity Alpha funds.

Brazilian state oil company Petrobras has raised $70bn (£45bn) yesterday in the world's largest ever share offer.

The Independent Commission on Banking (ICB) is mulling whether to split banks' retail and investment operations.

The massive shake-up at the top of the UK's biggest banks will continue as HSBC prepares to announce major changes to its senior management amid reports of a boardroom power struggle.

Legendary investor Warren Buffett has made a U-turn from his previous stance as an "uber bull", saying he now thinks the US is "still in a recession".

Japan's central bank is believed to have intervened for the second time in a week to combat the rising yen.

The FTSE 100 opened lower this morning, down 0.31% to 5,529, as miners saw falls across the board.

An increase in jobless claims in America exacerbated negative investor sentiment on Thursday, sending global stocks lower.