Browsing Category
Stockmarket News
LSE Chief pushes for big screens outside the HQ to celebrate market success
The London Stock Exchange is planning to install a screen in front of its Square Mile headquarters, to highlight the success stories of the market and to combat pessimism about its future.
Julia Hoggett LSE Chief Executive said that she…
Chill Brands asks for suspension of shares while investigation is underway
The shares of a London listed vaping company were suspended after the board was unable to provide an "accurate" update on the financial situation, as the chief executive is still under investigation.
Chill Brands requested the London…
After glitch, NYSE has canceled erroneous Berkshire Hathaway trades and other stocks
The New York Stock Exchange announced that it would cancel all erroneous trading after a technical problem led to the suspension of dozens US listed companies and exchange traded fund trades.
On Monday morning, Class A shares of Warren…
Golden Goose announces £2.6bn stock market listing
The Italian stock exchange is considering a floatation of the "dirty" luxury shoes worn by Taylor Swift. This could be worth more than €3bn.
Golden Goose, a company based in Venice, has announced that it plans to raise €100m by listing…
Ocado to be removed from FTSE 100
Ocado faces relegation to the FTSE 100 after a fall in its share price. This has increased pressure for the company, which is now considering moving from London to New York.
London Stock Exchange has said that the company is likely to be…
Senior UK politicians demand greater scrutiny on potential Shein IPO
Three parliamentary committee chairmen, among others, have called for greater scrutiny on Shein, the fast fashion retailer founded in China, as it sets its sights to a London Stock Exchange listing.
Shein has reportedly begun talks with…
London stockbroker’s US operations shut after Deutsche Bank takeover
After reducing the value of Numis following a takeover, Deutsche Bank has decided to shut down the US operations.
The German lender will merge its New York headquarters with Numis Securities, a US subsidiary.
Numis employs 12 people…
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…
Applied Nutrition’s £500m floatation plan is a boost for the London Stock Exchange
Applied Nutrition is preparing to float for more than £500 million, a sign that the London stock exchange, which has been battered by the recession, may be beginning to recover.
Tom Ryder, 40, founder of Liverpool's Applied Nutrition has…
Cazoo crash, skidding down a 99.9% share fall, puts an end to the American dream
Officials at the London Stock Exchange grumble about the unfairness of the world. They complain that while high-profile IPO failures in Britain are remembered for many years, IPO disasters on the New York Stock Exchange are quickly…
Coutts withdraws £2bn from London Stock Market
The Royal Family's bank is planning to invest abroad in order to achieve the best returns.
King's Bank is the latest to hit the London Stock Exchange with a hammer.
Coutts, the bank that serves the Royal Family and operates an ATM at…
BHP’s bid of £31bn for Anglo American is met with ire by South Africa and its shareholders
BHP proposed to buy rival Anglo American for £31bn, a deal that sparked a backlash by the South African Government and major shareholders.
BHP, an Australian company, announced on Thursday it would acquire Anglo in a stock-for-stock…
Reckitt shares rise on higher-than-expected Sales
Reckitt-Benckiser reported better-than-expected volumes and sales, while reassurances regarding litigation affecting its premature baby formula in the United States also helped to lift the shares of one of the largest consumer goods…
FTSE 100 reaches record high amid rising shares amid hope of interest rate reduction
The UK stock exchange hit a new record on Tuesday as investors hoped for interest rate reductions and a calming of geopolitical tensions.
The FTSE index of blue chip stocks listed in London reached 8,076 on Tuesday. This is higher than…
TGI Fridays US to be listed in London
The UK franchise owner for TGI Fridays agreed to a £177mn takeover, which will allow the US chain that is known for its chicken wings, potato skins and two-for one cocktail list on London Stock Exchange.
The deal is a major boost to the…
Shell’s exit from the FTSE could cause a dam to break
City nerves jangle when FTSE giant feels unvalued
Net zero is still decades away, but we have spent endless hours imagining what a world would be like without oil.
London's stock exchange bosses, on the other hand, face a more…
Former chief executive says Shell is’massively underestimated’ in London
Former Shell head says oil giant is "massively underestimated" in London, and could benefit from moving its listing to US. This is another blow for the UK stock exchange.
Ben van Beurden who was responsible for Shell's shift from The…
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.…