FTSE 100 today: London markets brace for caution as traders scale back rate cut bets February 6, 2024 Asian markets mimic Wall Street's dip, oil prices hold steady. UK retail sales slow in January, RBA maintains interest rate at 4.35%; focus shifts to UK Construction PMI.
Bitcoin trial: Self-proclaimed Bitcoin inventor claim is a “brazen lie” says lawyer February 5, 2024 The claims of a man who purports to be the creator of the first ever cryptocurrency are based on “a brazen lie”, a senior lawyer told the High Court today. Australian computer scientist Dr Craig Wright has long claimed to be behind the pseudonym Satoshi Nakamoto, the name used by the person authored the Bitcoin [...]
CBI settles legal action brought by ousted chief Tony Danker February 5, 2024 The Confederation of British Industry (CBI) has settled a legal case brought by its former director-general, Tony Danker, after he was dismissed last year following complaints about workplace misconduct.
London Southend Airport owner Esken proposes settlement agreement over £194m loan February 5, 2024 The owner of London Southend Airport has proposed a settlement agreement over demands to repay a £194m loan early.
HSBC heads for blockbuster trial today over Disney film tax scheme February 5, 2024 HSBC will defend itself from a £240m legal action by more than 500 investors over a Disney film tax scheme that resulted in large tax bills.
UK chip sector must seize investment opportunities, says tech minister February 5, 2024 Britain’s chip industry must get proactive about seeking investment opportunities and fostering skills, according to the UK’s tech minister.
Moving markets: Five things shaping the FTSE 100 today February 5, 2024 Asian markets dip while oil prices hold steady amid Gaza ceasefire talks. Attention is on the RBA policy decision, China inflation, PMIs, and U.S. CPI
Week ahead: BP’s strategy under new chief, UBS’ Credit Suisse integration update February 4, 2024 Markets are bracing for full-year results from BP and UBS this week, while several regions will release data on the performance of the services sector.
BAT braces for shift to vaping amid tough US market February 4, 2024 Lucky Strike owner British American Tobacco is due to report its full year results on Thursday amid a switch to non-combustible products.
Novo Nordisk boss ‘surprised’ by European demand for weight-loss drugs February 4, 2024 Novo Nordisk has found a "very high willingness" among Europeans to pay for weight-loss drugs, its boss has said.