Income seekers were firm fans of BP before the Macondo-induced suspension of the pay-out. In 2009 the company was the biggest dividend payer in the FTSE 100, handing out 7.6bn, according to figures from Capita Registrars. The dividend increase may...

Another round of credit rating downgrades on six European countries and warnings on the outlook for a large pool of eurozone financial institutions exacerbated the cautious sentiment. Subsequently, the FBM KLCI dipped 4.51 points, or 0.29 per cent,...

The Bloomberg China-US 55, an index of the most-traded Chinese stocks in the U.S. , dropped 0.3 percent to 108.75 by 1:45 p.m. in New York. The iShares FTSE China 25 Index Fund, the biggest Chinese exchange-traded fund in the U.S. , slipped 0.1 percent...

FTSE 100 miner said revenues rose 11pc to $36.5bn (£23bn), boosted by record operating profits at its diamond and coal divisions. Pre-tax profits were down 1pc at $10.8bn, but that came after asset disposals meant it posted a big gain in 2010. ...

However, the one-time minnow's growth has been so extraordinary in the past two months that GKP would comfortably qualify for the FTSE 100 blue chip club. Todd Kozel, GKP's hugely colourful executive chairman from Texas, told The Independent on Sunday:...

Hoare Govett and Deutsche, the previous brokers, saw their positions reviewed last month as they were punished for the collapse of that £5.2bn deal last year. It is rumoured that Barclays Capital has also been brought onboard as a corporate adviser. ...