U.K. shares are little changed with FTSE 100 Index set for 14 year high

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Source: Bloomberg
U.K. shares were little changed, with the regional benchmark FTSE 100 Index set for its 14 year high, as Unilever's sales growth topped analysts' estimates. The FTSE 100 Index rose 0.1% to 6,853.72 as of 8:46 a.m. London time and this would be the highest close in 14 years. The FTSE All-Share Index added 0.1%, while Ireland's ISEQ Index jumped 0.4% today.
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Tue, 21 Jan 2014 17:04:04 GMT

IMF increases world GDP outlook on developed countries

On Tuesday, the IMF announced an increase of its global economic growth forecast for the current year, as the U.K., U.S. and other developed economies rise more than expected before. Therefore, the global growth for 2014 is now projected at 3.7% versus the previous forecast of 3.6%. U.S. economy will expand 2.8% this year, Japanese GDP will add 1.7%, while

Tue, 21 Jan 2014 16:42:06 GMT

U.S. shares advance as IMF raise global growth forecast

U.S. shares gained as the International Monetary Fund increased its global growth estimate and as corporate earnings topped analysts' expectations. The Standard & Poor's 500 added 0.4% to 1,846.88 as of 10:09 a.m. New York time, while the Dow Jones Industrial Average climbed less than 0.1% to 16,460.12. Equity trading restarted today after yesterday's national holiday.

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