News and comment
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Welcome to your on-line financial newsletter. This service is regularly updated to bring you news of important developments in financial matters.
Citywire Investment News
- SJP soft-closes Asante and Wood funds
Wed, 23 Apr 2014 15:28:46 +0100
St James?s Place has shut its portfolios run by First State?s Jonathan Asante and JO Hambro?s John Wood to new money.
- Mohammed El Erian: life after Pimco
Wed, 23 Apr 2014 15:28:30 +0100
Ex-Pimco chief Mohammed El-Erian has said he has no immediate plans to go back into the world of investment and may even opt to find a new career post his shock exit from bond giant Pimco.
- Andrew Ross: Schroders will not become an ?acquisition machine?
Wed, 23 Apr 2014 14:43:59 +0100
Schroders is unlikely to become a participant in the wave of MA activity that is currently hitting the UK's wealth management sector.
- Performance review: UBS Wealth duo bet on a weaker euro
Wed, 23 Apr 2014 14:11:20 +0100
UBS Wealth duo on backing European equities, a key beneficiary of a weaker euro
BBC Business News
- Amazon and HBO sign streaming deal
Wed, 23 Apr 2014 14:56:10 GMT
US customers of streaming service Amazon Prime will be able to stream such TV shows as The Sopranos and The Wire thanks to a new deal with subscription channel HBO.
- Boeing raises 2014 profit forecast
Wed, 23 Apr 2014 14:51:39 GMT
US aerospace giant Boeing raises its profit forecast for 2014 as it announces a "strong" first quarter.
- Bank raises UK growth forecast
Wed, 23 Apr 2014 14:46:02 GMT
The Bank of England raises its estimate of economic growth in the first quarter of the year and a CBI survey indicates robust growth in the manufacturing sector.
- FA hit by drop in broadcast money
Wed, 23 Apr 2014 13:28:53 GMT
The Football Association was hit by a £34m drop in broadcasting rights income last season compared with 2011-12.
- Turkey: Armenia killings 'inhumane'
Wed, 23 Apr 2014 16:22:26 GMT
Turkey's Prime Minister Recep Tayyip Erdogan offers condolences for the first time for the mass killings of Armenians under Ottoman rule during WWI.
- Russia in new Ukraine attack threat
Wed, 23 Apr 2014 16:19:07 GMT
Russia will respond to any attack on its interests in Ukraine, Foreign Minister Sergei Lavrov says, drawing a parallel with the 2008 Georgia war.
- Coulson 'did not cover anything up'
Wed, 23 Apr 2014 16:18:42 GMT
Former News of the World editor Andy Coulson tells the phone-hacking trial he did not "cover anything up" following the arrest of the paper's royal editor Clive Goodman in 2006.
- DR Congo train in deadly derailment
Wed, 23 Apr 2014 16:18:40 GMT
At least 63 people have been killed after a freight train overloaded with passengers derailed in Katanga in south-eastern DR Congo, officials say.