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UK Share Prices News Page 2
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Markets down due to US EU economy fears
Storey Link: Markets down due to US EU economy fears
As reported by the BBC, world stock markets have dropped on fears over the health of the US and EU economies. In Europe, shares dropped after a unsatisfactory Spanish bond sale. French and German shares fell nearly 3%.
The European Central Bank says it will not roll back austerity measures to tackle the EU debt crisis, which is adding to...
BP shares lag post oil spill deal
Storey Link: BP shares lag post oil spill deal
As reported by Reuters, market shares in BP increased less than many analysts had expected after the oil giant finalised a settlement worth around $7.8 billion with firms and individuals hit by the oil spill on the Gulf of Mexico.
Investors said the legal settlement was generally lived up to expectations, but the reduced legal...
BHP Billiton profits drop with weaker iron ore price
Storey Link: BHP Billiton profits drop with weaker iron ore price
As reported by the BBC, lower commodity prices are pushing down profits for BHP Billiton, the world's largest mining company. The Anglo-Australian firm reported a 5.5% yearly fall in first-half revenues to $9.9 billion (£6.2 billion).
The company also forewarned of a turbulent future citing Europe's debt crisis and a slowing Chinese...