Soaring demand for gold from savers desperate to take advantage of the record bullion price, forced the Royal Mint to more than quadruple production of gold coins in the third quarter of the year
Read full article...Robert Frey, co-founder of the world’s most successful hedge fund businesses, Renaissance, is returning to the industry with a new fund partly run by an investment team in London
London shops are enjoying strong sales in the run up to Christmas, giving rise to fresh hopes of a prosperous festive season for the retail sector
The British economy looked ever more moribund today after fresh evidence that our peers on the continent are reviving while we remain mired in recession
French insurance giant Axa today unveiled a major restructuring attempt including a €2 billion (£1.7 billion) rights issue to fund a push into Asia
Wal-Mart has carried out an internal restructuring of its UK business which has seen it “sell” Asda to another Wal-Mart company for £6.9 billion
The Cadbury camp were all smiles at this afternoon’s super-low offer from Kraft, with one senior insider describing it as the “dead on arrival bid”
Alistair Darling today declared that his peers in the G20 were agreed that it was too early to rein in the economic stimulus packages
The commercial property market recovery could be short-lived, two major investors predicted
General Motors was today heading for all-out war with unions on the continent after its shock decision late last night to scrap the sale of its European Vauxhall and Opel operations
Rio Tinto today said it would be jacking up the amount it spends on digging copper and other metals and minerals out of the ground as demand comes on strong again from Asia
Sports Direct, Mike Ashley’s budget sports shops group, today said trading continued to be better than last year
The boss of Twitter today said he had no regrets about turning down Facebook’s $500 million takeover offer last year
The Galleon hedge fund affair is having a potentially disastrous effect on the home country of founder Raj Rajaratnam
Quite what the dons of Trinity College, Cambridge, made of the O2 centre’s widely ridiculed rendering of Ben Hur is anyone’s guess
Jon Moulton, who caused a sensation last month when he quit his Alchemy Partners, predicted the IMF could have to bail out the British economy as he prepared to launch his turnaround business next week
The pound fell yet again as it emerged that the Governor of the Bank of England had visited Sweden and held talks last week with its central bank, famed for its super-low interest rates
Shell is close to overtaking BP as Britain’s biggest producer, research showed today
Defence group Chemring spent £80 million buying a US engineer specialising in the controlled explosions used during space missions
Shell and its partners strike a deal that will finally see the go-ahead for the world’s biggest new liquefied natural gas (LNG) project
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