Petrol prices drop to lowest levels since November after record-breaking surge January 12, 2022 Petrol prices have fallen to their lowest levels since November, with the costs of both unleaded petrol and diesel dropping over the past week.
Exclusive: ‘Omicron is a reminder the world is only as good as the weakest link in the vaccination chain,’ says abrdn exec January 11, 2022 Ongoing inflationary shocks, questions around interest rates and the emergence of the new Omicron Covid variant are all making navigating uncertainty more challenging. Nonetheless, when we look beyond the headlines, there remain some reasons for optimism going into 2022, according to Richard Dunbar, head of multi-asset research at global investment giant abrdn. Square Mile-based Dunbar [...]
Bulb Energy unable to hedge against rising wholesale prices due to credit issues, says administrator report January 11, 2022 Bulb Energy dropped into administration because it was unable to hedge effectively against surging wholesale energy prices.
Global tech stocks show signs of recovery after sharp sell-off January 11, 2022 Global tech stocks have shown signs of a rebound following a sharp sell-off in recent days.
CEOs zoom in on ESG and climate change as world enters third pandemic year January 11, 2022 Climate risks dominate global concerns as the world enters the third year of the pandemic, according to a new World Economic Forum report shared with City A.M. today. The Global Risks Report 2022 sets out that while the top long-term risks relate to climate, the top shorter-term global concerns include societal divides, livelihood crises and [...]
FTSE: Markets heading for higher open today after NASDAQ recovers from 10-week lows January 11, 2022 Of the six trading days so far of 2022 the Nasdaq 100 has declined for four of them, falling to a 10-week low yesterday and into correction territory in the process, although it was able to finish slightly higher on the day, as buying interest started to come back in. On that score it was [...]
Chariot’s shares enjoy wild ride up the London Stock Exchange after it discovers gas at offshore well January 10, 2022 Chariot’s shares galloped 44 per cent up the FTSE AIM All-Share after it discovered more gas than expected at its offshore well in Morocco.
Exclusive: Cyber security becomes the ‘single biggest risk’ as hackers flood the City January 10, 2022 New data has revealed that more than half of firms believe that exposure to a cyber attack has increased alongside the rise of remote working, with industry experts calling it "the single biggest risk".
All eyes on yields this week after latest job data points to even tighter labour market amid record vacancies January 10, 2022 It was a week of two halves for European equity markets last week, getting off to a flyer in the first three days with the Stoxx600, setting a new record high, along with the CAC40 and the FTSE100 moving above 7,500 for the first time since February 2020. The latter part of the week turned [...]
Morning snapshot: Your Daily Dose of pre-market news January 10, 2022 It’s Monday 10 January. Here is a quick overview of the stories that are making headlines this morning in the UK and around the world. UK POLITICS Cladding: Developers must agree a £4 billion plan to fix dangerous cladding on low-rise flats by early March or risk new laws forcing them to act, Housing Secretary [...]