HOWZAT

Sage profits down ... TEG contract ... Huntsworth acquisition ...

Need to know: comprehensive news coverage sector by sector

Economists reject Treasury forecasts

Alistair Darling may revise his forecasts in next week’s Pre-Budget Report but this would undermine spending and tax plans

In the know

Gilts — Rumour of the day — Deal of the day — Bet of the day — Tiddler to watch

Alvaro set for £50m flotation

The fund is expected to list on AIM before Christmas with the backing of some of the Square Mile’s biggest institutions

Talk of $90m Origin deal boosts Salamander

The Asia-focused oil and gas explorer is believed to have signed away an asset stake in return for production funding

FTSE edges up on fresh gold surge

Commodity shares were in favour amid a fresh surge for gold to a new record price of around $1,217 while banks suffered

Beware the mirage of markets built on sand

From Dubai to Moscow to Shanghai, the world's financial centres stand and fall not on their losses but on their governance

Informa up as it calls off Springer deal

The media group said that it could not do a deal in the time required by the Springer's debt-laden private equity owners

ITE profits rise ... Go-Ahead acquisition ... Unite fundraising ...

Need to know: comprehensive news coverage sector by sector

In the know

Gilts — Rumour of the day — Deal of the day — Bet of the day — Tiddler to watch

Analysts see promise in Avocet

Investors are increasingly keen to find new ways to benefit from the spiralling price of gold

No drinking or gambling in Dubai's Vegas resort

The government-backed company is betting the emirate’s future on a £5bn Las Vegas mega-hotel that offers little indulgence

Tempus: Assets help Shaftesbury fight downturn

The landlord's London portfolio is skewed towards shops and restaurants which have benefited from increased tourism

GE set to buy Vivendi's share of NBC Universal

The transaction could clear the way for GE to pass control of the entertainment group to Comcast, the cable company

Nakheel: the company that sold the world

The property group at the centre of Dubai's financial mess is expected to be forced into a sale of key assets

Tullow eyes $1.5bn bid for Ugandan fields

The oil explorer is considering buying out Heritage Oil, its joint venture partner in two fields, by matching an offer from Eni

Dubai ruler blasts global investors over debt crisis

'They do not understand anything,' Sheikh Mohammed says, as markets rebound on Dubai World's restructuring plan

Europe and Asia shares rebound on Dubai talks

Global markets calm on plans between Dubai World and its creditors to restructure $26 billion of its debts