Tickr: We don’t want to be a socks and sandals, preachy investment platform February 10, 2021 Everyone has something to say about ESG or “impact” investing these days. It has become the go-to buzzword for corporate firms and investment platforms. But unlike platforms that have added socially responsible features, London-based Tickr launched with a sole purpose of “impact investing”. Founded in 2018, Tickr aims to demystify sustainable investing and only offers [...]
FTSE risers and fallers: Housebuilders climb on reports of Brexit delay January 11, 2019 Brexit sensitive housebuilders were the biggest risers in the FTSE 100 today after it was reported that the deadline for the UK’s departure from the European Union could be extended. Taylor Wimpey, Persimmon and Barrett Development took the top spots in the FTSE 100 today after it was revealed that a backlog of six essential bills, [...]
British Gas owner Centrica ‘to cut dividend and sell off oil and gas business’ July 21, 2019 Centrica is said to be planning to cut its dividend and start looking for a buyer for its oil and gas business. The British Gas owner is reportedly planning to cut its payout in a bid to keep its credit rating. It would join the likes of Vodafone, Marks & Spencer and BT in doing [...]
FTSE 100 shares fall again after steep drops on Nikkei, Hang Seng and Sensex February 9, 2018 The FTSE 100 was falling again in morning trading today, after sharp falls among Asian stocks overnight. The drop came after US markets closed in correction territory last night, with both the Dow Jones and the S&P 500 falling more than 10 per cent since their most recent highs. Today the FTSE 100 fell as [...]
China hits back after US labels rival a currency manipulator August 6, 2019 China’s central bank has condemned Washington’s decision to officially call Beijing a currency manipulator, saying it would “severely damage international financial order and cause chaos in financial markets”. Read more: European stock markets tentatively rise as China stems currency fall The People’s Bank of China (PBoC) said it “has not used and will not use [...]
InterContinental’s first-half room revenue inches up August 6, 2019 InterContinental Hotels has reported a slightly increased first-half room revenue, but a drop in business travellers in China and protests in Hong Kong have dented demand in the region. The figures The FTSE100 group, which owns brands including Holiday Inn and Crowne Plaza, said revenue per available room (RevPAR) rose 0.1 per cent during the [...]
Tumbling Chinese currency drags down stock markets on trade war fears August 5, 2019 China’s currency the renminbi today slumped against the dollar to a level not seen since the financial crisis, sparking an equities sell off due to fears of a further escalation of trade tensions. Read more: Donald Trump accuses Beijing of currency manipulation The currency, which the Chinese government lets fluctuate two per cent either side [...]
Micro Focus chairman dumps £11.6m in shares July 15, 2019 The chairman of Micro Focus has cashed in around £11.6m worth of shares in the British IT firm, saying he wants to “diversify” his portfolio. Read more: Micro Focus boosts profit margin but revenue stalls Kevin Loosemore has sold 650,000 shares – approximately half his stake – to invest the cash elsewhere. “Until now, all [...]
Housebuilder Barratt expects record profits despite Brexit blues July 10, 2019 Housebuilder Barratt Developments has forecasted a record rise in annual profits this morning, as it presses ahead with a plan to withdraw itself from Central London’s subdued property market. The FTSE 100 developer, which said today it has been making good progress on its strategy to exit Central London, is set to report pre-tax profits [...]
Global stock markets rise after positive noises from US economy April 5, 2019 Global stock markets rose today in reaction to better-than-expected March jobs data from the US. The US economy added 196,000 jobs in March, rebounding from an unexpectedly poor performance of just 33,000 new jobs in February. Read more: Employment in US surges after weak February but wage growth slows The US benchmark S&P 500 stock [...]