Morning in brief: Anglo American posts 23% profit jump

  • Print
  • Comment

Mining company Anglo American reports a jump in whole-year profits, while the UK and France unveil a nuclear energy agreement.

Asian stocks rebound on hope that eurozone officials will approve Greece’s €130 billion (£108.2 billion) bailout package and after US jobs and factory data improves further, according to Reuters.

Metal and mineral producer Anglo American sees profits rise 23% to $5.06 (£3.21) a share during 2011 on the back of improved iron ore and copper output, Bloomberg reports.

Helen Weir, former head of Lloyds Banking Group’s retail division, has been appointed finance director at employee-owned retailer John Lewis Partnership to take over from Marisa Cassoni, whose retirement was announced last year, says the Guardian.

The UK and France plan to sign a deal to boost cooperation in the development of civil nuclear energy, according to the BBC. The deal is expected to be worth over £500m and create 1,500 jobs in the UK.


  • Print
  • Comment

Daily Email Updates

If you enjoyed this article, sign up to receive the latest breaking news and analysis for your industry from Fund Web.

Money Marketing Awards 2015

Put your firm forward as the leading practitioner in your field. Adviser and Advertising categories are open to entries - Enter Now.

Have your say Edit my profile/screen name

You must sign in to make a comment


Fund Data


Will the oil price rise above $50 a barrel this year?