FTSE founds “fossil fuel free” stocks list

Investors who want to avoid buying shares in oil, coal and gas will be able to pick from a new list put together by FTSE and investment giant Blackrock. This week they announced plans for a “fossil fuel free” index, excluding companies with links to exploring for or owning fossil fuels. Companies will be excluded […]

Despite FTSE fall, International Power report profits

International Power announced a 9% increase in operating profits for the first half of the year despite reporting a 6% decline on the London Stock Exchange as one of the FTSE’s leading fallers. Up 9% from last year’s profits at €1,471 million (2010: €1,350 million), the company, 70% owned by France’s GDF Suez, were confident […]