Breaking City News

Misys tops midcap gainers on market talk of bid 1:31pm BST

LONDON, May 13 (Reuters) - Shares in Misys rose over 6 percent against a downbeat UK market on Tuesday, as traders pointed to renewed market talk of a bid for the British software company.  Full Article

 
Wal-Mart's Asda shows strong growth, eyes Russia 1:27pm BST 

LONDON, May 13 (Reuters) - Wal-Mart Stores Inc said on Tuesday its British grocer Asda had delivered a strong first quarter thanks to an increase in customer traffic driven by lower prices and discount campaigns.  Full Article 

UPDATE 1-Shell repairs two Bonny oil facilities in Nigeria 1:01pm BST 

LONDON, May 13 (Reuters) - Royal Dutch Shell has restored some of its shut-in production in Nigeria, repairing two of the four Bonny Light oil facilities damaged by militant attacks, a company spokesman said on Tuesday.  Full Article