Investing

Banks, miners boost FTSE ahead Fed meeting, US data

Banks and miners were firmer at midday on Tuesday as FTSE 100 neared 2012 highs ahead of a U.S. Fed meeting and U.S. consumer data, while insurers supported the gains after results from Prudential and Standard Life .

Taylor Wimpey Starts FY 2012 with Encouraging Patterns; HSBC assigns 'Overweight' Rating

Taylor Wimpey, the homebuilding company, says that it is too early to judge the market for the year as a whole, but the early weeks of trading in 2012 have followed the encouraging patterns of the second half of 2011, with good visitor levels, healthy reservations and low cancellations.

Abu Dhabi realty merger to salve state fund's pain

* Potential deal to dilute fund Mubadala's stake - sources * Merger likely through share-swap deal - bankers* No mandates handed out yet for the deal* Mubadala currently holds 49 pct in Aldar
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