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Jul 4, 2014

Queen names new warship amid Scotland, defence budget uncertainty

ROSYTH, Scotland, July 4 (Reuters) – Queen Elizabeth
officially named the biggest warship Britain has ever built on
Friday amid uncertainty over Scotland’s coming independence
referendum and future British defence spending.

A crowd of 4,000 gathered in this Scottish port to watch
pipe bands and dancers perform before the monarch pressed a
button to smash a bottle of Scotch whisky against the hull of
the HMS Queen Elizabeth, the first of two new aircraft carriers
worth 6.2 billion pounds ($10.6 billion).

Jul 2, 2014

European shares edge higher, pinned back by French telecoms

EDINBURGH, July 2 (Reuters) – European shares rose slightly
on Wednesday, following fresh highs in U.S. markets and a
three-year peak for Asian stocks, though dashed hopes for
deal-making in the French telecoms sector kept a lid on gains.

The pan-European FTSEurofirst 300 index was up 0.2
percent at 1,384.52 by 0800 GMT, with benchmark indexes in
Germany and the UK in positive territory.

Jul 1, 2014

Miners lift FTSE to positive start for the quarter

EDINBURGH, July 1 (Reuters) – Britain’s top share index started the second half of the year on a positive note, towed higher by heavily weighted mining stocks after fresh data pointed to continuing demand from China, the world’s biggest metals consumer.

Miners rose 1.8 percent, the top sectoral gainer, after public and private surveys from China showed government policy was helping to support demand in the economy.

Jul 1, 2014

Miners lift Britain’s FTSE to positive start for the quarter

EDINBURGH, July 1 (Reuters) – Britain’s top share index
started the second half of the year on a positive note, towed
higher by heavily weighted mining stocks after fresh data
pointed to continuing demand from China, the world’s biggest
metals consumer.

Miners rose 1.8 percent, the top sectoral
gainer, after public and private surveys from China showed
government policy was helping to support demand in the economy.

Jun 27, 2014

Rolls-Royce, Airbus help European shares higher

EDINBURGH, June 27 (Reuters) – European shares edged higher
on Friday, supported by gains in British engine maker
Rolls-Royce but still set for their first weekly loss
since April.

Rolls-Royce rose 1.4 percent, one of the FTSEurofirst 300′s
biggest gains, after Reuters exclusively reported that
Airbus is close to deciding to upgrade its A330 with
engines from the UK-listed company. Airbus also
rose 1.4 percent, to the top of France’s CAC 40 index.

Jun 24, 2014

FTSE edges up, buoyed by oil stocks

EDINBURGH, June 24 (Reuters) – Britain’s top share index edged higher on Tuesday, boosted by strength in oil and gas companies as new discoveries and good results cushioned the blow of a fall in the price of Brent crude.

Energy shares added 8.6 points to the FTSE 100, the biggest sectoral contributor, with Tullow Oil- up 2 percent – the top riser after it said its partner in northern Kenya, Africa Oil, had found oil and gas at the Ngamia-2 well.

Jun 23, 2014

Housebuilders, airlines take FTSE away from record high

EDINBURGH, June 23 (Reuters) – Britain’s top share index fell on Monday, dropping for the first time in a week and moving further away from all-time highs, hit by a drop in housebuilders and airlines.

Barratt Developments was the top faller on the FTSE 100, down 2.6 percent, while Persimmon fell 2.4 percent, extending recent weakness on concern over tighter monetary policy that may subdue the housing market.

Jun 23, 2014

Housebuilders, airlines take Britain’s FTSE away from record high

EDINBURGH, June 23 (Reuters) – Britain’s top share index
fell on Monday, dropping for the first time in a week and moving
further away from all-time highs, hit by a drop in housebuilders
and airlines.

Barratt Developments was the top faller on the FTSE
100, down 2.6 percent, while Persimmon fell 2.4
percent, extending recent weakness on concern over tighter
monetary policy that may subdue the housing market.

Jun 22, 2014

Insight – An unlikely hero, Gordon Brown enters the battle for Scotland

DUNDEE Scotland (Reuters) – Gordon Brown, once ranked Britain’s most unpopular prime minister in half a century, may yet emerge as the man who convinces Scots to reject independence.

For many English, Scotsman Brown is an unlikely hero.

Often brooding and awkward in front of the camera, the former prime minister led his Labour party to its worst electoral defeat in a generation in 2010.

Jun 22, 2014

An unlikely hero, Gordon Brown enters the battle for Scotland

DUNDEE, Scotland, June 22 (Reuters) – Gordon Brown, once
ranked Britain’s most unpopular prime minister in half a
century, may yet emerge as the man who convinces Scots to reject
independence.

For many English, Scotsman Brown is an unlikely hero.

Often brooding and awkward in front of the camera, the
former prime minister led his Labour party to its worst
electoral defeat in a generation in 2010.

    • About Alistair

      "Alistair Smout is working on the Investment and Emerging Markets for Reuters Europe over the summer. He specialises in Africa and Europe."
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