![[IMAGE]](http://www.sharenet.co.za/v3/image.php?width=300&cropratio=2:1&image=/news_images_sn/1295357214.jpg "The city of London Skyline at night on river thames")
18h31 Britain's blue chip share index
closed within sight of its all-time high on Tuesday, lifted by
mining stocks and positive corporate news from luxury retailer
Burberry among others. Full story
18h35 European shares stalled around
multi-year peaks on Tuesday, bolstered by a crop of upbeat
corporate reports but pinned back by concerns about a possible
end to the U.S. Federal Reserve remains committed to stimulus
policies. Full story
18h26 Italy-based truck and tractor
maker Fiat Industrial plans to lower its tax bill by
shifting its residence to Britain after a planned merger with
unit CNH, a move that drew angry reactions from
politicians and unions on its home turf. Full story
18h08 Slovenia plans to raise up to
1 billion euros from privatisation before 2014 to avert the need
for an international bailout, the country's economic development
minister told Reuters on Tuesday. Full story
![[IMAGE]](http://www.sharenet.co.za/v3/image.php?width=140&cropratio=4:3&image=/news_images_sn/1297169877.jpg "Euro currency is pictured with a calculator and dice showing BUY")
17h37 European shares held below
multi-month peaks on Tuesday, with investors unwilling to push
the market higher without reassurance that the U.S. Federal
Reserve remains. . . Full story
![[IMAGE]](http://www.sharenet.co.za/v3/image.php?width=140&cropratio=4:3&image=/news_images_sn/1297168023.jpg "European flag floating in front of the European Commission building in Brussels")
16h05 European shares reversed earlier
losses to trade flat on Tuesday, taking heart from solid opening
gains on Wall Street.. . . Full story
![[IMAGE]](http://www.sharenet.co.za/v3/image.php?width=140&cropratio=4:3&image=/news_images_sn/1317652725.jpg "City of London skyline including Tower 42 Gherkin,Willis Building, Stock Exchange Tower and Lloyd`s of London and Canary Wharf at the background")
12h52 Rallying miners and a contract
win for outsourcing company Capita helped steady the FTSE 100 by
midday on Tuesday despite weakness in travel. . . Full story
![[IMAGE]](http://www.sharenet.co.za/v3/image.php?width=140&cropratio=4:3&image=/news_images_sn/1295278076.jpg "The London Stock Exchange building is seen in central London")
10h25 Britain's benchmark share index
steadied at near-13-year highs early on Tuesday, as rallies in
outsourcing companies Capita and G4S offset a
sharp fall in. . . Full story
17h51 Luxembourg has agreed to
automatically exchange information with United States tax
authorities about the bank accounts held by U.S. citizens and
residents, the finance ministry said on Tuesday.. . . Full story
17h40 The European Commission is asking
oil traders across the continent to provide evidence of market
abuse to determine whether companies sought to manipulate prices
reported to leading price-setting agency Platts.. . . Full story
17h21 Finnish paper firm
Ahlstrom is set to secure European Union approval for
the merger of its label unit with Munksjo to form the world No.
1 speciality paper maker after agreeing to sell a. . . Full story
17h02 British retailer Marks & Spencer
posted its lowest annual profit since 2009, hit by a
drop in clothing sales, and said growth this financial year
would be held back by investment in its. . . Full story
16h20 Poland has turned its back on
policies that once made it Europe's growth leader and is
flirting with the recession that it alone among its emerging
European Union peers has evaded through years of. . . Full story
14h59 Partially state-owned Austrian
lender Volksbanken AG swung to a first-quarter loss,
with its drastic European Union-mandated restructuring weighing
heavily on the balance sheet.. . . Full story
14h20 High-end Waitrose as well as
discounters Aldi and Lidl saw the biggest growth in market share
in the 12 weeks to May 12 as Britain's grocery market became
increasingly polarized, industry data showed on. . . Full story
13h24 Britain's Royal Mail more than
doubled annual profit on the back of an online shopping boom,
providing a timely boost as it plans for a stock market listing
this year.. . . Full story
13h16 European shares fell from
multi-year highs on Tuesday on concerns the U.S. central bank
could call an earlier-than-expected halt to the stimulus
programme that had underpinned demand for stocks.. . . Full story
11h53 British buy-to-let mortgage
provider Paragon plans to set up a bank next year,
taking advantage of new rules designed to encourage competition
to Britain's established lenders.. . . Full story
11h24 Darty Plc reported a
fall in like-for-like revenues in the three months ending April
30 as the French-based electrical goods retailer pushed ahead
with its turnaround plan against a weak economic backdrop.. . . Full story
10h49 Gazprom is squeezing
Athens for better terms to buy DEPA, Greece's sole retail gas
distributor, a Greek official said, as the Russian gas export
monopoly leverages its strength position as the only major
player in. . . Full story
![[IMAGE]](http://www.sharenet.co.za/v3/image.php?width=100&image=/news_images_sn/1297168125.jpg "European flag flying in front of the European Commission building in Brussels")
10h07 European shares fell from
multi-year highs on Tuesday, with the UK market having hit a
near 13-year peak this week, as concerns over a possible end to
central bank stimulus measures halted the region's. . . Full story 08h51 Storage company Big Yellow Group Plc
reported an 8 percent rise in profit despite the
introduction of new taxes, as demand grew for self-storage in
London and southeast England.. . . Full story
08h11 British retailer Marks & Spencer
posted its lowest annual profit since 2009 on Tuesday as
a struggling general merchandise division dragged on growth in
food sales.. . . Full story
![[IMAGE]](http://www.sharenet.co.za/v3/image.php?width=100&image=/news_images_sn/1297168023.jpg "European flag floating in front of the European Commission building in Brussels")
08h04 European stock futures pointed to
a weaker open on Tuesday, with concerns the U.S. Federal Reserve
might begin slowing its bond purchases later in the year
prompting investors to take profits from a rally. . . Full story 02h32 The following are the top stories on the
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.. . . Full story
The following financial services industry
appointments were announced on Monday. To inform us of other job
changes, email to moves@thomsonreuters.com.. . . Full story
Generic drugmaker Actavis Inc,
itself a recent takeover target, said on Monday it would buy
specialty pharmaceutical company Warner Chilcott Plc
for $5 billion in stock to expand its branded drug portfolio,
lower taxes. . . Full story
Nationwide, Britain's biggest
customer-owned financial services group, plans to issue a new
form of so-called loss-absorbing debt in order to bolster its
capital position.. . . Full story
![[IMAGE]](http://www.sharenet.co.za/v3/image.php?width=100&image=/news_images_sn/1297169877.jpg "Euro currency is pictured with a calculator and dice showing BUY")
European shares reached new
five-year peaks on Monday, supported by strength in the autos
and travel sector, where budget airline Ryanair's stock
hit a record high on the back of strong earnings.. . . Full story Bankers are putting together just
under 1 billion euros ($1.28 billion) in financing for a
potential sale of Finnish mobile phone company DNA,
banking sources familiar with the situation said on Monday.. . . Full story
![[IMAGE]](http://www.sharenet.co.za/v3/image.php?width=100&image=/news_images_sn/1295357214.jpg "The city of London Skyline at night on river thames")
Britain's benchmark equity index
rose on Monday to its best closing level since late 2000, helped
by rising bank stocks, and analysts said there was little
holding it back from its all-time highs.. . . Full story European shares edged to fresh
five-year highs on Monday, boosted by strength in German stocks
and a travel sector lifted by a surge in Ryanair.. . . Full story British film production company
Pinewood Shepperton is to go to the national government
with its bid to double the size of its main studio, the home of
James Bond, after local authorities rejected its. . . Full story
Avon Products Inc, the beauty
products direct seller, said on Monday it tapped a former
Tupperware Brands Corp executive to be responsible for
turning around its business in North America, where sales have
been declining. . . Full story
![[IMAGE]](http://www.sharenet.co.za/v3/image.php?width=100&image=/news_images_sn/1295277611.jpg "The foyer of the LSE")
Britain's benchmark equity index
steadied near its highest level in five-and-a-half years on
Monday, helped by a rise in bank stocks, and most analysts
expected further near-term gains.. . . Full story![[IMAGE]](http://www.sharenet.co.za/v3/image.php?width=100&image=/news_images_sn/1295278076.jpg "The London Stock Exchange building is seen in central London")
Britain's top share index rose to
fresh 5-1/2 year peaks on Monday, spurred on by robust economic
data from the United States and Japan, with technical analysts
anticipating further near-term gains.. . . Full story Britain's top share index rose on
Monday, pushing up to fresh 5-1/2 year peaks spurred on by
robust economic data out of both the United States and Japan,
with technical analysts anticipating further near-term. . . Full story European shares extended gains to
set a new five-year high for a fourth straight session on
Monday, with investors flocking to buy riskier assets such as
equities on fresh signs of a recovery in. . . Full story Many duped savers at Spanish
lender Bankia are shunning a state-supervised
compensation scheme in favour of expensive lawsuits, prolonging
a mis-selling scandal and complicating efforts to restore faith
in the banking system.. . . Full story
European stock index futures
pointed to a higher open on Monday, boosted by signs of an
improving global growth outlook.. . . Full story