Times of London drops broadsheet
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LONDON - The Times â-ften perceived as the British establishment&#39;s newspaper of choice â -ally ditched its traditional broadsheet format Monday in favor of a compact version which has already started to increase circulation.
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London shares fell on Tuesday as investors reacted to fresh banking sector losses linked to the subprime housing crisis in the United States.
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Leading shares closed flat, with the FTSE 100 index having reverberated around the 4,700 level all session finishing nearer highs than lows thanks to strength in oils and financial issues, while New York put in a weak morning performance, consolidating after recent gains, dealers said.
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European shares slid on Wednesday, with London hit by a gloomy update from retail darling Marks & Spencer, and after heavy overnight US losses sparked by fresh housing strains.
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London equities tracked heavy overnight falls in the US and Asia with the FTSE 100 trading sharply lower on Wednesday.
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Europe's main stock exchanges slid on Tuesday, with London dragged downwards by a weak trading update from retailer Tesco, and as investors awaited fresh US earnings news.
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London equities extended their loss in mid-afternoon as worse-than-expected US jobs data triggered a broad-based sell-off on both sides of the Atlantic.
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The Times is to scrap its broadsheet edition after more than 200 years of publication and go tabloid from Monday.
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Business & money: Shares in London fall sharply following a plunge in Asia overnight amid growing fears over US economy
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London equities fell in early trading on Wednesday after news of lower copper output at Kazakhmys prompted losses in the mining sector.
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In the early morning quiet, before the sun rose over the Thames, the e-mail alert flashed from New Scotland Yard to overnight newsrooms around London:
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London shares were down Friday as the murder of Pakistani opposition leader Benazir Bhutto reverberated around the world, while investors took profits before the year-end.
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The FTSE 100 index of top companies shed 0.76 percent to 5,828.30 points in early afternoon trade.
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Share prices on the London Stock Exchange were lower at midday Thursday.
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London's FTSE 100 fell on Friday, after stronger banks failed to offset weakness in the food and beverages sector.
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London equities extended recent falls on Monday, led lower by the financial sector as the outlook for further rate cuts in the US was complicated by strong inflation data. Retailers were hit by bearish analysis from Seymour Pierce.
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London equities failed to sustain a brief afternoon rebound on Wednesday, and after spending a short period back over the 6,000 mark, the FTSE 100 fell back beneath it.