Global markets sink into the red as technology front opens up in US-China trade war May 23, 2019 Global stock markets fell into the red today as investors’ fears over the US-China trade war intensified. Read more: FTSE 100 falls sharply amid trade war and Brexit turmoil Stocks were spooked by the prospect of the two countries’ technology sectors being dragged deep into the fray, as well as by fighting talk from the [...]
NMC Health share price soars 42 per cent on stake sale report August 22, 2019 Shares in FTSE 100 listed NMC looked healthy this morning as they rose by as much as 42 per cent after reports that two companies were looking to buy a major stake in the firm. The the 40 per cent stake is owned by two Emirati businessmen and could sell for $1.9bn (£1.6bn) to two [...]
This morning: Silver receives Gamestop treatment on Reddit February 1, 2021 Silver shines this morning as the metal is experiencing a rise in demand thanks to postings on Reddit, targeted in a similar fashion as Gamestop last week. What silver is going through this morning is the same rude awakening financial markets received last week when a swarm of retail investors, who were chatting with each [...]
Astrazeneca share price rises as new cancer drugs boost sales July 25, 2019 Shares in Astrazeneca rose more than five per cent this morning after bumper sales of new cancer drugs fuelled a revenue rise in the second quarter. Read more: Astrazeneca promises cash to back up £12m redundancy payments for former staff The FTSE 100 pharmaceutical giant posted a 14 per cent rise in sales to $5.7bn [...]
Brussels postpones Brexit delay decision October 25, 2019 The EU has pushed back the deadline to make a decision on how long a Brexit delay it will offer the UK. But EU leaders have agreed in principle to grant the UK a Brexit extension, the European Commission said today. Read more: The FTSE 100 is trading flat amid Brexit caution The EU’s chief [...]
Chancellor Sajid Javid admits 31 October Brexit deadline ‘can’t be met’ as government tables election vote October 25, 2019 Sajid Javid has admitted that the 31 October Brexit deadline is all but dead. It is the first time the government has publicly accepted it is unlikely the UK will leave the EU before the end of the month, despite Boris Johnson’s “do or die” pledge. The Chancellor said it is likely the EU will [...]
Take me to your leader: How to stop the spread of bad bosses January 27, 2020 Last week, the business and political elite gathered in Davos for the World Economic Forum. Certainly, these men and women have achieved positions of prominent power, but you might wonder — how many of them are actually trained and competent leaders? There is a concept in management called the Peter Principle, which argues that in [...]
PwC back with a vengeance at top of audit client rankings March 3, 2019 Accountancy giant PwC has become the leading auditor of listed UK clients for the first time since 2013, retaking its FTSE 100 client crown in the process. PwC, Britain’s biggest professional services firm by revenues, leapfrogged fourth-placed KPMG to take pole position. The smaller firm lost 12 clients between November last year and February, while [...]
Antofagasta share price soars as it wins $6bn in Pakistan suit July 15, 2019 Shares in Antofagasta topped the FTSE 100 this morning as the World Bank awarded it $5.8bn (£4.6bn) in damages for a blocked mining project in Pakistan. The award comes two years after the World Bank’s arbitration wing found that Pakistan had unlawfully denied Antofagasta, and its partner Barrick Gold, a mining lease for a Pakistani [...]
Bitcoin quietly going about its business as the world returns to normal chaos January 14, 2022 Bitcoin continues to quietly make headway in adoption around the world amid a whirlwind of curious global news, writes Jason Deane.