Archive for the 'All Financial News' Category

Metro Bank plans to wow customers

Metro Bank, which is Britain’s first new high street lender for more than a century, opened its doors today in Holborn, central London.
The bank welcomed dogs with a bowl of water and a bone and offered their owners free breakfast.
Dog lover, US billionaire and former Commerce Bank owner, Vernon Hill, said “dogs rule at [...]

PartyGaming adds 20 percent on merger news

European equities markets were mostly lower Thursday after US equities markets declined.
The FTSE 100 was 0.11 percent lower to 5,313.95 in London, but the FTSE 250 added 0.54 percent to 10,074.17 as investors hesitated ahead of US data on its gross domestic product, due to be reported on Friday.
The gains on the 250 were led [...]

Exxon Q2 profits surge 91%

Exxon Mobil, which is the world’s largest oil company, has today announced profits nearly doubled in the April to June period – easily exceeding analysts’ expectations.
The oil giant said net earnings rose to $7.56 billion, or $1.60 a share, against $3.95 billion, or 81 cents a share, in the same period a year earlier.
Analysts had [...]

Banks hide rate cuts from savers

Banks are keeping their customers in the dark about interest rate changes on their accounts, new research has found.
The study by Which? Money found most banks rely on newspaper adverts or customers popping into their local branch to keep savers informed of rate cuts
Only four of the twelve banks investigated guaranteed to keep customers informed [...]

Euro zone economic sentiment surges in July

The euro zone received a boost today after a report revealed business and consumer confidence surged to its highest level since March 2008.
Confidence in the 16-member nation rose to 101.3 in July, up from a revised 99 in June, according to the European Commission’s economic sentiment index.
However, the Commission highlighted that the rise was led [...]

Royal Dutch Shell Q2 profits surge 94%

Oil giant Royal Dutch Shell has today announced second quarter profits almost doubled after completing its restructuring programme ahead of schedule.
Shell posted profits of $4.5 billion (£2.9 billion) – a rise of 94% on the $2.3 billion reported a year ago.
The Anglo-Dutch firm, which is Britain’s second largest oil company, has undergone a major a [...]