Ukraine war backfires as Russia’s economy is expected to take dramatic 10 per cent hit this year March 10, 2022 Analysts this morning revised their economic forecast for Russia in light of international sanctions imposed following the invasion of Ukraine. Experts at the Economic Intelligence Unit (EIU) said they expect economic activity to be severely disrupted with both domestic demand and the external sector taking a hit. “While the full impact of international sanctions and [...]
Europe’s first metaverse ETF set to list in London March 10, 2022 Europe’s first metaverse exchange traded fund (ETF) is set to launch on the London Stock Exchange this month as investors scramble to pump cash into the burgeoning sector.
How stock markets perform after heavy falls March 9, 2022 | City Talk While public attention has understandably focused on the grave humanitarian consequences of the invasion of Ukraine, global markets have reflected investors’ concerns about financial and economic impacts. Our live blog on the Ukraine crisis will be updated regularly throughout the week, it can be found here. To date the current crisis has seen major markets fall [...]
London consumer tech firm bags $70m to pump into product design March 9, 2022 London-based earphone maker Nothing has bagged a $70m funding round today to pump into product development as it opens up a new design hub in the capital.
Investors hunt for bargains amid global market turmoil March 9, 2022 Investors have piled into flagging equities in the past week as they hunt for bargains amid the market turmoil sparked by Russia’s invasion of Ukraine.
Listed Jupiter trust plans to liquidate after Ukraine conflict muddies outlook March 9, 2022 A £66m listed investment fund has put forward plans for liquidation after conflict in Ukraine muddied the economic outlook and restricted opportunities for growth.
The appeal of digital investments March 9, 2022 | Sponsored Nutmeg offers investors a stress- freeway to manage their money with its easy-to-use smartphone app wealth team, who are fully qualifiedto provide financial guidance and advice. The new service provides tailored guidance for those that need to speak to a human and can include one-to one sessions via the phone or video calls to help [...]
Low-carbon SPAC lines up £175m float to snap up green energy firm March 9, 2022 A low-carbon focused acquisition vehicle has announced plans for a £175m float on the London Stock Exchange today as it looks to snap up a business driving the green energy transition.
Will the shocks of war end the global deals boom? March 9, 2022 London dealmaking showed the first strains of war this week as precision manufacturer Spectris abandoned its takeover bid for microscope-maker Oxford Instruments, citing volatility sparked by Russia’s invasion of Ukraine.
Quilter shareholders set for bumper payday as bosses announce £328m capital return March 9, 2022 The boss of Wealth management giant Quilter hailed 2021 an “important” year for the the firm as it reported a boost in profits and unveiled a £328m capital return to shareholders following a share buy back programme.