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Stock Market & Allied Information

This section will shortly be extended in line with interests expressed by our user base.

 

Publication of product or financial information by Age-Net does not represent a recommendation or endorsement of any kind. We would stress that every financial package or offer represents some measure of financial risk and we strongly advocate that you seek professional advice before entering into any contract. Remember that the value of any investment can fall and you should never invest more than you can afford to lose on any speculative 'high risk' business venture or opportunity.

 

Source : BBC News

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SocGen hit by rogue trader fine
French bank Societe Generale is fined 4m euros for allowing one of its staff members to operate as a rogue trader.

EU probe into BHP targeting Rio
The EU opens an in-depth probe into BHP Billiton's $170bn unsolicited bid for rival miner Rio Tinto.

Iran optimism steadies oil price
The price of oil falls slightly on hopes Iran will react well to plans to resolve a dispute over its nuclear development.

Baugur investigates switch to UK
Hamleys owner - Icelandic investment group Baugur - says it is examining ways to relocate to the UK.

Air France eyes move to railways
Air France confirms it is in talks with French group Veolia about launching a high-speed rail service.

Fresh record for Indian inflation
Indian inflation reaches its latest record high as food, fuel, cement and steel prices continue to rise.

Australia's Origin scorns BG bid
Australia's Origin urges shareholders to reject a 13.8bn Australian dollar takeover bid from UK rival BG Group.

Former Austrian bank boss jailed
The former head of one of Austria's biggest banks, Bawag, is convicted of fraud charges by a court in Vienna.

Court rules that Pringles 'are not potato crisps'
Pringles, the popular snack food in a tube, are not potato crisps, a High Court judge rules, and should be free of VAT.

Guidelines for financial journalists


Russia risk
Has the row over TNK-BP spooked investors?

Piper Alpha
Recalling the world's worst offshore oil disaster

Stocks tumble
High oil prices fail to bolster global shares

Free-for-all
Kenyans suffer as foreign trawlers grab their fish

Paper trail
Nigeria makes progress on getting back stolen cash

Oil compromise
Iraq's challenge of reviving its oil industry

Protests ahead of Japan G8 summit
Protests begin on the northern Japanese island of Hokkaido ahead of Monday's summit of the G8 nations.

Eurozone rates increase to 4.25%
Interest rates in eurozone countries increase for the first time in 12 months in a bid to combat inflation.

UK investors rescue B&B cash call
Bradford & Bingley confirms that its plan to raise £400m has been rescued by a group of UK investors.

BBC Worldwide shuts phone-in firm
BBC Worldwide is to close a subsidiary firm after it failed to pay £106,000 from premium rate phone-ins to charity.

Vodafone in Ghanaian mobile deal
Mobile provider Vodafone is to expand its presence in Africa by buying a majority stake in Ghana Telecom for £452m.

No paper for Zimbabwe money
A German company which helps Zimbabwe supply its money becomes the latest firm to end its business links.

US loses 62,000 jobs during June
US firms cut jobs for a sixth month in June, stoking fears the world's largest economy is heading for a recession.

Paulson admits regulatory errors
The system for regulating US banks should have performed better, US Treasury Secretary Hank Paulson admits.

Recession in Asia is 'unlikely'
Growth in Asia may slow this year, but a recession is unlikely, the head of the Asian Development Bank says.

BHP almost doubles Chinese prices
Mining giant BHP Billiton secures an deal to almost double prices for Chinese steelmaker Baosteel.

Tax credit to boost UBS results
Swiss bank UBS says it expects to report a small loss at worst for the second quarter after receiving a tax credit.

Fifa to pay in ex-media firm case
Football governing body Fifa told to pay £57,000 costs after a trial into the collapse its ex-media partner ISL.

Opec head sees new oil price rise
The president of oil producers' cartel Opec tells the BBC crude oil prices could rise still further this week.

Watchdog cuts oil supply forecast
World oil supplies will grow more slowly than previously thought over the next five years, warns the International Energy Agency.

India truckers strike over fuel
Nearly four million trucks go off India's roads after their owners begin an indefinite strike to protest against rising fuel bills.

South Asians face fuel price rise
Bangladesh and Pakistan announce further sharp rises in fuel prices as the cost of crude oil continues to soar.

 

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