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Investors say that Labour could borrow up to £100 billion more without causing a backlash on the UK…
Fund managers say that a new Labour government can raise additional money from the bond market for investments without creating a Liz Truss style gilts crisis.
If Labour wins the 4th of July election, the Shadow Chancellor Rachel Reeves…
London is now Europe’s biggest equity market, replacing Paris
Investors reacted negatively to the political turmoil in France since Emmanuel Macron announced snap elections.
Bloomberg data shows that the value of Euronext Paris stocks is about $3.13tn, after $258bn has been taken off the market cap…
Financial News Roundup: JP Morgan, Apple, and EU Regulation
This article provides a comprehensive overview of the latest financial and geopolitical developments, offering insights into the actions and impacts of major players like JP Morgan, Apple, and the EU. Stay informed with daily briefings on…
France’s conservative leader calls on pact with the far right
Ahead of the snap legislative elections scheduled for June 30, which have caused financial markets to tremble, the leader of France's centre right party has called on an alliance between his party and Rassemblement National of extreme…
Weekly Industry Highlights: Key Updates in Oil, Gas, and Mining Sectors
The weekly highlights in both the oil and gas industry and the mining sector feature significant updates from various companies, shedding light on ongoing activities and advancements within these industries.
September Rate Cut Dashed After Strong US Jobs Data Announced
The US markets faced a dip on Friday as robust jobs data was released, exceeding expectations and challenging prospects of a looming rate cut. The optimism surrounding a rate reduction was dented as the latest figures painted a picture of a…
GameStop’s shares rise after ‘Roaring Cat’ posts $116m wager in Reddit.
GameStop shares soared on Monday, after "Roaring Kitty", Keith Gill, who was at the center of the 2021 Stock Market Frenzy surrounding the struggling video game chain, posted a Reddit post that appeared to show $116m in bets on the chain.…
Stay Ahead of the Game with Our Insightful Stock Market Summary
Dive into the world of small-cap movers and shakers with our comprehensive weekly stock market summary. From Powerhouse Energy Group's patent triumph to the soaring success stories of biotech and mining companies, we bring you the most…
Investors say that a large bid could save London
A leading fund manager said that it might take a bid to buy a large UK blue-chip company to awaken investors to the value of the London stock market, which is oversold.
Nick Train, a well-known stock picker, once said: "Sometimes, you…
Jane Street, a high-speed trader, made $4.4bn by the start of 2024
Jane Street, a secretive fast-paced firm, has flourished alongside Wall Street market makers.
Documents reviewed show that the group anticipates its net trading revenue for the first quarter to be around $4.4bn. This is more than twice…
Bond and currency markets are shaken by a ‘Blowout” in US retail sales
The "blowout report" on retail sales for March sparked an immediate sell-off of US government bonds and sent global currency markets into a frenzy Monday. It was the latest indication that the largest economy in the world may be too hot to…
Stocks tumble and oil reaches $90 as Middle East tensions shake markets
As tensions in the Middle East escalated, oil prices rose to above $90 per barrel. US stocks also fell.
Brent crude and futures both rose by 1.5 percent on Thursday, reaching $90.65 per barrel. This is the highest price since October.…
London Market Outlook is bleak according to a banker who deals with British mid-caps
According to the boss of one of London's largest independent investment banks, the capital markets will be "dead", if current trends continue.
Peel Hunt's chief executive Steven Fine said that the London market for initial public…
M&A market is thawing, bringing hope for City deals
Morgan Stanley says that the City deal drought is about to end as central banks begin to lower interest rates. This will encourage investors to release pent-up funds.
Wall Street Bank calculated that private investors and corporate…
Hargreaves Lansdown earns £132m in interest from customer accounts
Hargreaves Lansdown said it would reduce its interest share from the balances of customers to avoid a regulatory crackdown. However, it did not indicate that it would be making a big sacrifice.
The concessions on cash windfalls were made…
Harry Potter publisher Bloomsbury is expecting to exceed full-year expectations
After the success of Sarah J Maas's new book, Bloomsbury expects to "significantly exceed" market expectations in terms of profit and revenue.
Publisher of Harry Potter said that they now expect annual revenue to be £291.4 and profit…
Three men arrested for City insider trading investigation
Financial regulator warns City firms of the danger posed by organised criminal groups that seek to manipulate markets. It has revealed it made three arrests as part of a "major" operation.
The Financial Conduct Authority announced that…
Tod’s plans for delisting from Milan Stock Exchange
Tod, the luxury Italian shoe and bag maker, has announced plans to become private. The deal will be with L Catterton a private equity firm backed by LVMH. This ends more than 20 years as a publicly traded company in Milan.
After the…