Chip stocks fall as Trump’s comments ruffle investors
Semiconductor stock prices fell on Wednesday, after Donald Trump, the former US President said that Taiwan should…
Yearly Archives
2024
The pound rises after the hopes of a rate cut recede
The pound reached a new high against the US dollar, as traders re-wrote their bets about a rate cut by the Bank of…
High court: Cumbria coalmine project will be net zero
The company that is behind the first new mine in the UK in 30 years argued before the High Court on Tuesday that…
UK interest rates are likely to remain high until service sector inflation drops.
International Monetary Fund warned that the UK could face higher interest rates for longer if there are no further…
Adidas increases its full-year guidance after implementing turnaround plan
Adidas has raised its full-year forecast for the second time this year, in just three months. This is the latest…
Bets on Fed rate reductions and Trump victory drive gold price to record high
The gold price reached a new record on Tuesday, as the prospect of Federal Reserve rate cuts and a Donald Trump…
UK Ministers to reject £200mn loan for Titanic maker Harland & Wolff
Harland & Wolff is asking the Labour government to reject a £200mn request for a loan guarantee. This will…
UK transport minister demands ‘immediate action’ on rail reliability
The UK Transport Secretary has called for train companies to "take immediate action" to improve reliability, while…
UK and EU to hold first summit for improved post-Brexit relations
In the next few months, Britain and the EU will hold their first ever bilateral summit as part of Labour Premier…
Elon Musk has announced that he is moving SpaceX and X to Texas.
Elon Musk announced on Tuesday that X and SpaceX would be moving their headquarters to Texas in response to a…
Ocado to keep London listed as it improves forecast
Ocado's boss said that the company is committed to its London listing, even though it was relegated earlier this…
Morgan Stanley traders drive surge in profits
Morgan Stanley's investment bankers and traders have helped to boost the company's quarterly profits, which has…
Rachel Reeves gets a boost as the UK’s growth forecast is upgraded
The International Monetary Fund upgraded its growth forecasts for the UK's economy in this year. This is a major…
Goldman Sachs boss says that the capital markets are in an early stage of…
Goldman Sachs' chief executive hailed "the early innings of a recovery in capital markets and M&A" after the…
Goldman Sachs profits double to $3bn on rebound of deals
Goldman Sachs' profits more than doubled during the second quarter, as it reaped benefits from a faster recovery in…
BlackRock’s Larry Fink highlights the ‘barbell Effect’ as…
BlackRock CEO Larry Fink stated on Monday that investors are creating a “barbell effect” in the fixed income…
French Football League agrees to last-minute deal on broadcasting
The French Football League has reached a last minute broadcast agreement for the coming season. This deal will…
Judge dismisses Donald Trump’s case over classified documents
A US judge dismissed a criminal charge against Donald Trump for his handling of classified documents. This is a…