Is the commodities boom petering out? Goldman Sachs reckons so, its prediction contributing to a drop in the price of oil and metals today as speculators pocketed profits... more
Market Round-up: Speculation that Prudential may now find itself the pursued rather than the pursuer pushes the insurance giant up the Footsie winners’ list... more
House prices will be flat this year and rise by five per cent next year, meaning shares in Britain’s long-suffering housebuilders are looking cheap... more
Share prices on both sides of the Pond are trading at their best levels in more than a year, so stock market investors could be forgiven for thinking the worst of the global recession and banking meltdown is over ... more
Vedanta Resources claimed the crown among top stocks today as City heavyweight Morgan Stanley predicted the miner’s shares could double in price — even if metal prices remain stuck at their current levels ... more
There was no shortage of punters pulling their chequebooks out when veteran property entrepreneurs Raymond Mould, Patrick Vaughan and Humphrey Price came calling... more
Has the wind of change start to blow through the High Street? Next chief executive David Keens popped into Goldman Sachs for a chat yesterday and was in bullish mood... more
Mining: China's biggest aluminium group, Chinalco, suspends a three billion yuan (£254.9 million) bond issue as doubts grow over its $8 billion stake in Anglo-Australian miner Rio Tinto... more
Aluminium giant Alcoa is hoarding cash, scrapping its share buyback programme and cancelling all
non-essential capital projects after its third-quarter profits more than halved... more
Afternoon:
8°c
