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Another 3 per cent was wiped off London’s leading shares today as more heavy losses for banking stocks pushed the FTSE 100 Index below the 5000 barrier.
Red lines have filled television screens and newspaper pages as markets plunge around the world but what does this mean for us?
Stocks tumble in the United States as investors respond to last week’s decision to cut the country’s AAA credit rating, prompting renewed concern over a possible double-dip US recession.
All eyes turn to the opening bell of the stock markets, due just hours after leaders from the world’s major powers stage emergency meetings, Economics Editor Faisal Islam reports.
The phone-hacking scandal has been painted as a very British picture of journalism by the US press, even by Murdoch-owned organisations. And that’s the way he wants it, writes Felicity Spector.
Jon Snow
To the wagers of the war, if war it was, there were vast principles of ‘freedom of speech’ in play (even if these principles are handily adjacent to the commercial interest in traffic-driving, edition-shifting stories of celebrities’ misdeeds.) To others, it seems, it appeared to come down to whether famous men slept with less than famous women and didn’t tell their wives.
As Glencore becomes the first company in 25 years to be fast-tracked into the FTSE 100 Index, an investor tells Channel 4 News that despite being shrouded in mystery, it represents a good investment.
The much anticipated flotation of LinkedIn, the professional social network website with 100 million users, exceeds initial expectations as shares jump 97 per cent.
Bigger than Tesco: the little-known commodity group Glencore prepares for a stock market flotation that could make its chief executive one of Europe’s wealthiest men.
A leading expert tells Channel 4 News that Japan’s car manufacturers will take the biggest hit from the tsunami – but reconstruction efforts will keep the wider economy on course for recovery.
In a brilliant counter-intuitive bit of propaganda, government ministers are trying to give the impression that the revolutionaries have prevailed – while remaining firmly in control.
As more people take to the streets to protest in Egypt and Nobel Peace Prize winner Mohamed ElBaradei heads back to the country, an activist tells Channel 4 News “huge” demos are planned for Friday.
Is Groupon, the fastest growing company in history, a giant of the future or a sign of a new internet bubble? Channel 4 News’ technology correspondent Benjamin Cohen reports from Chicago.
After the big freeze hit pre-Christmas high street sales, shoppers were out in force today – but with tough times expected in the new year, they were spending carefully.
It was the moment when President Obama was confronted with liberal disappointment in his presidency – and appeared to respond with a new slogan: “Yes we can, but…”, writes Felicity Spector.