Shareholders tell HKEX to up its offer October 6, 2019 HONG Kong’s stock exchange has reportedly been told to find another £4bn in its war chest if it wants to acquire its London rival. Top shareholders are demanding that the Hong Kong Exchange and Clearing (HKEX) raises the value of its blockbuster offer for the London Stock Exchange (LSE), according to the Mail on Sunday. [...]
FTSE 100 claws back losses as sterling drops October 4, 2019 The FTSE 100 clawed back some of its losses today after a turbulent week of trading. The blue chip index climbed one per cent to roughly 7,150 this afternoon, ending a major selloff which has pushed the London market into one of its worst weeks in recent years. Read more: CMC Markets forecasts jump in [...]
US economy adds 136,000 jobs in September as unemployment rate falls to 50-year low October 4, 2019 The US economy added more than 130,000 jobs in September, with unemployment falling to its lowest rate in half a century. After a week of warning signs about a global financial slowdown, the US reported today that roughly 136,000 jobs were made last month. Read more: Global stocks bleed red The unemployment rate, which has [...]
Report: Probe into VIP Westminster paedophile ring caused by ‘poor judgement’ October 4, 2019 A Met Police probe into claims of a Westminster VIP paedophile ring was caused by “poor judgement”, according to a new report. Scotland Yard searches of the homes belonging to wrongly-accused suspects in a paedophile case were “unlawful”, a review by retired High Court judge Sir Richard Henriques has concluded. Read more: Poll – Sterling [...]
New car sales edge up after torrid year October 4, 2019 New car sales climbed in the 12 months to September, as manufacturers recovered slightly following a turbulent spell of trading last year. According to SMMT new car sales rose 1.3 per cent year-on-year to September, marking the first rise since February. However, 2019 was the second weakest September – after 2018 – for new car [...]
FTSE 100 heading for worst week in three years October 4, 2019 THE FTSE 100 is braced for its worst week in more than three years following a mass investor sell-off in the wake of mounting global uncertainty. The blue-chip index, which edged up 0.3 per cent this morning, has shed roughly 4.7 per cent in value over the last week. Read more: Trump says he wants [...]
Hong Kong: Government bans face masks in protest crackdown October 4, 2019 The leader of Hong Kong has banned face masks as the clashes between protesters and police intensify. Chief executive Carrie Lam has deployed emergency powers to prevent activists from masking their faces at demonstrations in the latest crackdown on pro-democracy protesters. Read more: Hong Kong – police charge protester shot by officer The colonial-era emergency [...]
Trump says he wants Ukraine and China to investigate the Bidens October 3, 2019 US president Donald Trump has said he wants Ukraine and China to investigate former vice president Joe Biden and his son. Speaking on a lawn outside the White House, Trump said he would “recommend” that Ukraine opens an investigation into the Bidens, and later added he thought China should do the same too. Read more: [...]
Sun, sea and skint Spaniards: Spain plans up €300m tourism rescue package after Thomas Cook collapse October 3, 2019 Spain is preparing a $300m rescue package for its tourism industry, after the collapse of Thomas Cook is said to have left bars deserted and beaches empty at its holiday hotspots. The country’s tourism minister said the cash would be split across 13 different measures, including a credit line for companies struggling to cope. Read [...]
‘Superwoman’ Horlick runs as Lib Dem MP October 3, 2019 Fund manager “supermum” Nicola Horlick has been unveiled as another high profile Liberal Democrat candidate. The pro-Remain businesswoman is standing in Chelsea and Fulham, the party revealed today, going up against incumbent Conservative MP Greg Hands. Horlick, who has been dubbed a “supermum” for balancing her career with raising six children, told the Evening Standard [...]