Financial News

Wed 30th Sep 2009 Simplyhealth has claimed that people want to be more responsible with their money in the current financial climate, which has led to more demand for health insurance. Raman Sankaran, a spokesperson for the organisation, made his comments after it released a survey which showed that 27 per cent of people wish they could take better care of their health. He commented tha ...

Daily Mail30 September 2009, 9:05am The flagship East Coast rail franchise is set to be renationalised within weeks and stay in public hands for several years, the Transport Secretary has revealed. OTHER STORIES How to save safely with banks and building societies How we're still paying for banks' collapse How are your savings protected? Billions taken out of building societies Brief overview of bank and building society strength The news will come as  ...

This is Money30 September 2009, 11:53am Blacks Leisure will shut 89 of its stores that is says have not 'traded profitably for years'. Black day: The outdoor goods retailer has suffered falling sales. WANT TO KNOW MORE? Blacks Leisure fighting for a loan waiver Blacks leisure in the red after boardwear woe Blacks buys time after £8m loss OTHER STORIES How to save safely with banks and building societies How we're still paying for banks' collapse How are your  ...

Geoff Foster, Daily Mail30 September 2009, 8:31am Rumours of a multi-billion pound Footsie bid have been doing the rounds for weeks. Yesterday: Sporadic bouts of profit-taking left the Footsie 5.98points easier. WANT TO KNOW MORE? FTSE 100 preview: Shares flat as ex-dividends hit FTSE 100 close: Hammerson, LandSec down OTHER STORIES How to save safely with banks and building societies How we're still paying for banks' collapse How are your savings protected? Bil ...

This is Money30 September 2009, 2:07pm The London market kept its head above water today as positive economic news outweighed a poor session in the retail sector. WANT TO KNOW MORE? Newspaper and magazine share tips Sunday newspaper share tips Midas: IndigoVision and PHP OTHER STORIES How to save safely with banks and building societies How we're still paying for banks' collapse How are your savings protected? Billions taken out of building societies Brief over ...

By Rhys Jones LONDON, Sept 30 (Reuters) - U.S. food giant Kraft has until Nov. 9 to say whether it will make an offer for British confectioner Cadbury or it must walk away for six months, Britain's Takeover Panel said on Wednesday. It is now three weeks since the world's second largest confectionery group rejected an approach from North America's biggest food group worth 745 pence per Ca ...

By George Chen and Melanie Lee HONG KONG/SHANGHAI, Sept 30 (Reuters) - The management of Sina Corp led by its chief executive, Charles Chao, is in talks with private equity funds to back a plan for them to buy about $180 million worth of shares in an effort to strengthen control of China's top web portal, sources said on Wednesday. Two China-focused private equity funds, CITIC Capital and ...

MILAN, Sept 30 (Reuters) - Italian insurer Generali said on Wednesday it had no interest in British insurer Legal & General, denying media reports and market speculation that have named it as a potential buyer. "Generali is not interested," a spokeswoman said. Market speculation of takeover interest life insurer L&G has seen the stock rise 15 percent in the past  ...

By Pav Jordan TORONTO, Sept 25 (Reuters) - Junior potash producers may find willing partners in China, India and other farming nations, as the majors stay off the takeover trail to develop their own huge reserves. The smaller companies are sitting on large potash deposits they cannot afford to develop. And if the big producers are not interested, the juniors will need to be inventive to g ...

MERGER IDEA FLOATED BY CIT CREDITORS, INCLUDING PAULSON * CIT shares up 9.6 pct in morning trade (Adds share movement) Sept 29 (Reuters) - Hedge fund manager John Paulson is considering merging troubled U.S. finance company CIT Group Inc with failed mortgage lender IndyMac Federal Bank , the New York Post said, citing people familiar with the matter. CIT shares rose 9.6  ...