AN EU cabinet chief has warned that a major challenge to the success of NAMA is the fact that many assets on bank books are failing to produce any revenue at all.

GlaxoSmithKline shares were back under pressure today after analysts downgraded their ratings in the wake of third quarter results.

ALLIED Irish Banks plans to issue a euro senior floating rate note targeted at German investors.

Airports operator BAA heads another strong line-up of major UK companies reporting results this week, with a string of household names including high street chemist Boots and telecoms group Cable & Wireless.

London shares - feature movements at 10.00 am

SHARES in Bank of Ireland and its takeover target reacted in pendulum style to news of the possible merger when markets opened yesterday [[[[]]]] Bank of Ireland fell while Abbey National rose.

THE long-running Wembley saga went into extra time lastnight as an announcement on the new London stadium was postponed until at least today.

The future of Wembley Stadium is expected to be resolved within days after a long-awaited multi-million pound deal is signed, it emerged today.

FTSE 100 risers and fallers listed.

A German bank is in last-minute talks to finance the planned €1bn development of the English national stadium at Wembley, it was reported today.

The management team of a whisky distillers has pulled off Scotland biggest ever management buy-out.