Farnborough Airshow: Boeing soars above Airbus ahead of week-long industry event July 7, 2016 Boeing is soaring above rival Airbus ahead of the week-long Farnborough Airshow, which analysts expect to be a "damp squib". Airbus said this week it had booked 27 new plane orders in June and delivered 64, marking a difficult road ahead to meet full-year targets. It goes into the week-long industry event having booked 183 new orders in [...]
What Brexit means for London’s insurance industry June 24, 2016 The UK's decision to leave the EU might not immediately cause serious damage to London's reputation in the insurance industry, but the result does raise serious questions around regulation and access to the wider market. In a statement released shortly after the result of the vote was revealed, Lloyd’s chairman John Nelson said that he was "confident" [...]
At the close: FTSE falls after oil price drop erases earlier gains May 23, 2016 A meandering start to the week saw the FTSE 100 climb strongly shortly after the open only to fall back before lunch time. The blue-chip index ended the day at 6,136.43, down 0.32 per cent from yesterday's close price. The falling oil price, down over one per cent and moving away from the psychologically important $50 per [...]
199 problems and a glitch is one: NYSE is having technical problems May 18, 2016 The New York Stock Exchange suffered a technical glitch in early trading on Wednesday resulting in trades for nearly 200 ticker symbols being cancelled. The unspecified glitch first occurred at 9.27am in New York. Things were back up and running by 10.09am, however the latest update at 10.26am indicated the problem had returned. Nearly an hour [...]
Royal Bank of Canada kicks off the financial sports day season at Queen Elizabeth Olympic Park May 15, 2016 Summer is just around the corner, and London's well-heeled parents are doubtless parking their 4x4s on school athletics pitches ahead of the sports day season. Kicking things off with a bang, the Royal Bank of Canada hosted its very own sports day for the capital's students at Queen Elizabeth Olympic Park on Sunday. The bank's seventh annual [...]
JRP Group feeling positive off the back of last set of pre-merger results, even though they revealed a dip in total new business sales May 11, 2016 JRP Group has today revealed its final set of quarterly results relating to before its merger, in which the group chief executive revealed that he felt "positive about the future". JRP Group was formed when Just Retirement completed its merger with Partnership Assurance Group earlier this year but after the period being reported on today. Total [...]
At the close: FTSE 100 slips on the falling oil price as poor China data weighs heavy May 9, 2016 The FTSE 100 has managed to erase all its earlier gains to close down, adding to the worst weekly performance since February and marking the third straight week of losses. The blue-chip index finished 0.2 per cent lower at 6,114.81 after falling 1.9 per cent last week. The index is down around two per cent so far this year and 15 per [...]
The Royal Bank of Canada steps into the spotlight as its partnership with the Old Vic bags a Hollywood star May 4, 2016 It looks like the Royal Bank of Canada will be taking centre stage in London this summer. The Old Vic theatre in Waterloo, which the Canadian central bank is a principle partner of, has committed to sponsoring a further 15 productions with the venue as part of its three-year partnership. The Canadian bank isn't skimping [...]
Danny Willett Effect in evidence as Andrew Johnston leads English charge in wake of Masters with Spanish Open victory April 18, 2016 Nothing breeds success quite like success, and it is no coincidence that two Englishmen challenged for the week’s main titles on both sides of the Atlantic just days after Danny Willett’s Masters victory. Seeing a contemporary like Willett, 28, winning at Augusta last week, the likes of Andrew Johnston, just one year his junior, will [...]
Oil prices fall as Doha production freeze talks collapse: Here’s how the City analysts have reacted April 18, 2016 Oil prices plummeted overnight after crucial talks among members of Opec failed to reach a deal on freezing oil production. Prices of both Brent and WTI crude were down more than five per cent overnight, which in turn pushed down equities, with the FTSE 100 falling 0.7 per cent in the first hour of trading. [...]