News

The FTSE 100 fell 0.16% to 5,774.29 in early trading, despite British Airways shares rising this morning.

Greece could be forced to reluctantly accept the agreed EU and IMF bailout package after its borrowing costs surged to fresh highs yesterday.

Fabrice Tourre - the bond trader at the heart of Goldman Sachs' fraud case - was on Tuesday barred from working in the City of London in the first 'victory' for financial regulators on both sides of the Atlantic.

St. James's Place recorded an 84% surge in unit trust and ISA investments over the first quarter of the year.

American investment bank Goldman Sachs has posted better than expected first quarter profits of $3.46bn (£2.25bn), almost double what it made in the first quarter of last year.

First State Investments has added a Global Agribusiness fund to its Dublin-domiciled range.

Edinburgh Partners' Dale Robertson has retained his position in Ryanair despite the budget airline's shares falling 4.5% during the UK flight ban.

Inflation rose to a higher-than-expected 3.4% in March, according to the Office for National Statistics.

The FTSE 100 opened positively, up 0.45% or 25.88 points to 5,753, despite food retailers dragging on the index.

BlackRock's Bob Doll believes equities could face a period of profit-taking in the near term due to the fallout from the Goldman Sachs charge and various signs of excess in the markets.