Category
Markets
Split-caps pay £194m compensation
Investors who lost money following the split-capital investment trust scandal are to receive £194m compensation, the UK's financial watchdog has annou…
US trade gap hits record in 2004
The gap between US exports and imports hit an all-time high of $671.7bn (£484bn) in 2004, latest figures show. The Commerce Department said the trade …
MCI shareholder sues to stop bid
A shareholder in US phone firm MCI has taken legal action to halt a $6.75bn (£3.6bn) buyout by telecoms giant Verizon, hoping to get a better deal. Th…
Standard Life concern at LSE bid
Standard Life is the latest shareholder in Deutsche Boerse to express concern at the German stock market operator's plans to buy the London Stock Exch…
Markets fall on weak dollar fears
Rising oil prices and the sinking dollar hit shares on Monday after a finance ministers' meeting and stern words from Fed chief Alan Greenspan. The Lo…
Standard Life cuts policy bonuses
Standard Life, Europe's largest mutual life insurer, has cut bonuses for with-profit policyholders. Annual bonus rates on its with-profits life polici…
Takeover rumour lifts Exel shares
Shares in storage and delivery firm Exel closed up 9% at a two-and-a-half year high on Tuesday on speculation it is to receive an imminent takeover bi…
Consumer spending lifts US growth
US economic growth accelerated in the third quarter, helped by strong consumer spending, official figures have shown. The economy expanded at an annua…