FTSE News

An announcement by the European Central Bank that it intends to buy bonds in an attempt to ease the debt crisis gripping the eurozone has met with positive reactions from markets around the globe. The ECB hopes that bond buying will drive down the cost of borrowing for a number of the block’s struggling economies. Earlier in 2012, the...

Unimpressive jobs data in the US has caused shares to slip. Figures for June showed that 80,000 new jobs had been created which was 20,000 short of the figure required by the Federal Reserve to announce that the job market is stable. The Dow Jones fell 1 per cent on the report. Although President Barack Obama said the jobs figures were...

Better than expected manufacturing figures between China and the UK and Europe have helped to push stocks in the UK to and eight week high. An announcement that it may be about to sell off various divisions saw insurer Aviva Plc shares gain 3.7 per cent. Barclays Plc saw shares jump by 3.4 per cent following the resignation of Chairman...

As reported by the BBC, stocks have fallen around the globe as Greece's sustained political uncertainty challenges investor confidence. Still struggling to create a coalition government, Greece is faced with the threat of holding new elections, as EU leaders convened in Brussels. Luxembourg PM Jean-Claude Juncker said that Greece outside...

As reported by the BBC, European stock markets ended favourably before a conference of eurozone finance ministers which is expected to settle a new rescue plan for Greece. Cash-strapped Athens must decide on the 130 billion euro (£110bn; $170bn) bailout package before mid-March to dodge a default on its debts. Britain’s FTSE 100 went up...

Shareholders in Olympus will finally get the opportunity to grill the management on the accounting scandal that led to the stock price plummeting.An extraordinary general meeting (EGM) has been called on 20 April. The company has admitted it has been hiding losses of $1.7bn (£1bn) for up to twenty years, reports the BBC. The scandal has...

Stock markets have fallen while eurozone finance ministers carry on putting further pressure on Greece's private creditors, who they want to accept lower interest rates on the loans they have made to Athens. BBC News reported that British and French share indexes ended up closing lower yesterday, while Wall Street dropped on opening....