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 Today’s News Provided By Citywire
House price reports: who needs 'em?
Thu, 09 Sep 2010 00:01:00 +0100
Is such a thing as a 'useful' house price index, one that can be used by buyers and sellers to reflect on their own individual deals in any meaningful way? Linton Chiswick reports on the difficult questions an official investigation into house prices must tackle.
Transocean slams BP's 'self-serving' Gulf of Mexico disaster report
Wed, 08 Sep 2010 15:50:00 +0100
(Update) A BP report found a 'number of parties' share the blame for the Deepwater Horizon but Transocean and Halliburton have hit back at the 'flawed' report. 
Dawn Chorus: US equities gain as European concerns ease
Thu, 09 Sep 2010 04:18:00 +0100
A successful Portuguese debt offering and news that Anglo Irish Bank would wind down assets boost markets.
Thursday Papers: tips and comment
Thu, 09 Sep 2010 04:08:00 +0100
HP may be right to go after its old CEO, but what level of loyalty can be bought?
Thursday Papers: Goldman faces £20m fine from UK regulator - other news
Thu, 09 Sep 2010 04:06:00 +0100
Near-record penalty follows a five-month investigation into the investment bank’s international business.
Thursday Papers: Foster’s rejects A$2.7bn bid for wine assets - bid news and gossip
Thu, 09 Sep 2010 04:03:00 +0100
And Sinochem has asked Temasek to join a consortium that would bid for all or part of Potash Corporation of Canada.
Economic growth slowing but remains 'robust', says think tank
Wed, 08 Sep 2010 15:00:00 +0100
UK growth was 0.7% in the three months ending in August, down from 1.3% in the three months ending in July, according to estimates from NIESR.
European debt worries re-emerge as Ireland extends guarantees
Wed, 08 Sep 2010 12:19:16 +0100
Fears that the high levels of debt in peripheral European countries could cause yet another shock in the markets have re-emerged.
Morning Line: the mortgage lending tactics that distort the market
Wed, 08 Sep 2010 11:03:33 +0100
Mortgage lenders should follow Coventry's example and stop practices like conditional lending.
Bank fears and mining tax hold FTSE down
Wed, 08 Sep 2010 10:40:18 +0100
Stress test doubts hurt banks while Australian mining tax threat continues to affect miners.
China the global favourite for outside investors
Wed, 08 Sep 2010 10:36:06 +0100
Further proof of the rising dominance of the BRIC economies came this week in a survey from the UN which tipped India and Brazil to overtake the US in foreign direct investment flows by 2012, while China was top of the list.
IFA sentenced to five-and-a-half years in jail for mortgage fraud
Wed, 08 Sep 2010 10:12:35 +0100
IFA Mark Campbell was handed the jail sentence after Birmingham Crown Court heard how he helped Michael Browne, from Coventry, acquire loans overstating his income in mortgage applications.
Stansted airport to central London in 35 mins? National Express ad banned
Wed, 08 Sep 2010 10:03:39 +0100
A National Express advert claiming trains from Stansted airport to London take 35 minutes has been banned for misleading passengers.
House prices rise for second month, erasing previous losses – Halifax
Wed, 08 Sep 2010 09:06:47 +0100
House prices have increased for a second month, up 0.2% after July's 0.7% rise, with activity largely 'static'.
Dawn Chorus: US stocks fall amid European debt worries
Wed, 08 Sep 2010 03:55:00 +0100
Concern about Europe's banks reappeared amid reports that major lenders understated holdings in potentially risky government debt during stress tests.
Wednesday Papers: tips and comment
Wed, 08 Sep 2010 02:44:00 +0100
Sovereign credits cannot survive unless banks are recapitalised.
Wednesday Papers: HP sues to block Hurd’s move to Oracle - other news
Wed, 08 Sep 2010 02:41:00 +0100
HP said it had gone to court to protect important information.
Wednesday Papers: Vodafone sells China Mobile stake for £4.3bn - bid news and gossip
Wed, 08 Sep 2010 02:38:00 +0100
The UK mobile phone group said that 70% of the proceeds from the sale would be returned to shareholders.
Q&A: Can any data predict the next recession?
Wed, 08 Sep 2010 00:01:00 +0100
The flow of economic data has painted a downbeat picture, but can any of it really be used to predict a 'double dip'?
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Wed, 08 Sep 2010 00:01:00 +0100
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