2016 got off to a turbulent start as ongoing concerns over global economic growth and falling commodity prices continued to weigh heavily on investor sentiment. China’s stockmarket was suspended after a 7% drop in share prices activated a so-called ‘circuit-breaking’ system designed to regulate volatility. The suspension led to sharp…
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Alongside speculation over US interest rates and concerns over China’s economic growth, investment-related newsflow during November was dominated by geopolitical developments. Following a terrorist attack in Sharm el-Sheikh in Egypt at the end of October, Paris fell victim to a series of atrocities in the middle of November. These attacks…
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Lloyds Banking group’ PPI costs now total a potential £9.8bn, this compares to the bill for all banks which is approaching £20bn.  Lloyds’ is still owned 32.7% by the tax payer but the government has plans to return to private ownership by the next general election. Share in Lloyds fell…
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Compass Group PLC (CPG.LN), a food and support services company, said expectations for its full-year performance remain positive and unchanged. It forecast organic revenue growth for the full year ending Sept. 30 at constant currency of just over 4%, driven by new business wins, good retention rates and modest inflationary…
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said that it performed well in the five- month period to Aug. 31, adding that the capital issuance pipeline has been encouraging.