Markets

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 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…

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…

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.…

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…

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 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…

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…

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, 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…

Amer Sports, the owner of Arc'teryx clothing brand, is expected to raise less than it hoped for in its largest US initial public offer since October. This is the latest indication that investors are cautious amid a tentative return in the…

Chinese markets are up after a report that Beijing is scrambling for billions of Yuan to be mobilized from state-owned companies to reverse the recent share decline. The Hang Seng China Enterprises Index (which tracks Chinese stocks in…

Investors were captivated by the takeover activity that took place across the Channel, which prompted a rally of British gambling stocks. This takeover was confirmed by Sweden's Kindred Group. The company confirmed that La Francaise des…

The US corporate bond market is "on fire", as companies have sold record amounts of debt, $150bn since the beginning of the month. This has been the busiest start to the year in more than 30 years. According to London Stock Exchange…

Investors lowered their expectations for a rapid interest rate cut in the eurozone and the UK, and also the US. The global sell-off occurred after European Central Bankpresident Christine Lagarde indicated that borrowing rates would fall…

Adobe abandoned its $20bn proposed acquisition of Figma's product design software, claiming that there was no "clear path" to obtain necessary regulatory approvals from UK and EU watchdogs. The deal was investigated by both UK and EU…

Analysts say that the value of India's National Stock Exchange is set to surpass Hong Kong as the largest trading venue in the world. This rise is a testament to the optimism of investors about India's economic prospects. According to…

Somerset Capital Management is closing after large redemptions from clients made it unsustainable. This move represents a dramatic turnaround in fortunes for Somerset. A specialist in investing in emerging markets at its height in 2018,…