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Glencore announces debt reduction plans

Commodities giant Glencore (LON:GLEN) has announced plans to reduce its net debt of some £19.8 billion via a proposed equity issuance. Together with other debt...

PMI figures show further worry for China

Factory activity in the worlds largest economy China has shrunk at its fastest pace for more than six years, according to figures released today. The...

Chinese shares may be an indicator of things to come

Chinese shares had a wild Wednesday, dropping 5 percent before making steady gains in the afternoon and finishing up positive, with the Shanghai Composite...

How to protect your portfolio in a stock market crash

Equities around the world have been under pressure recently as global growth has been called into question. The prospect of rate hikes in the US...

China: land reclamation has “already stopped”

Ongoing land reclamation in the South China sea has been halted, according to Chinese Foreign Minister Wang Yi. The Chinese have been fortifying reefs and constructing...

Societe Generale in 25% profit jump

Societe Generale is up 8 percent after beating analysts expectations to report a second-quarter net income of €1.35bn and revenue of €6.87bn. Its global markets and investor...

Meggitt profits jump 18%, shares up 5%

Meggitt (LON:MGGT), the UK based aircraft equipment supplier soared over 5% in early Tuesday trade after it announced a 10% increase in revenue. There has...

Pearson’s half yearly report shows consistent growth

Pearson (LON:PSON) published their half yearly report this morning, showing consistent growth. Sales were up 1% to £2.2bn,with strong growth in North America, Brazil and...

Government borrowing falls – but not far enough

British government borrowing in June fell to its lowest point in seven years, but failed to beat analysts' upbeat predictions. According to the Office of...

The end is nigh – Amazon is coming

Today, Amazon turns 20. When it first started out, stories of large companies taking over the world via the internet were the stuff of...