The future of work in a post-Covid investment industry October 19, 2021 | City Talk Disruptions resulting from Covid-19 have forced businesses to adapt and create new models of work. Although some industries may return to something resembling their pre-pandemic operating model, the investment industry has already crossed a threshold. That is the view of Kunal Kapoor, CFA, who participated in a webinar entitled ‘The War for Talent and the [...]
London markets muted as investors mull Bank of England’s next step October 19, 2021 London markets were muted during the opening session this morning as investors mull whether the Bank of England will hike interest rates next month. The capital’s FTSE 100 index inched down 0.02 per cent to 7,202.55 points during the first hour of trading. Several banking giants yesterday raised their forecasts for when the Old Lady [...]
Markets today: Europe set for a modest rebound as Asia markets bounce back October 19, 2021 Not a particularly great start to a new week yesterday for markets in Europe, but having just come off the back of three days of strong gains at the end of last week, markets were probably overdue a bit of a pullback. The big question for CMC chief market Michael Hewson, chief market analyst at [...]
By 2028 the cybersecurity industry could be worth $418B October 18, 2021 | City Talk The year 2021 is turning out to be a big year for cybersecurity stocks. When work became remote and cloud computing became more essential, organisations found themselves facing new challenges head-on. Businesses are now more aware than ever that they must protect themselves from data theft and other cyberattacks. Subsequently, demand for high-end protection software [...]
Weakening Chinese economy weighs on London markets October 18, 2021 A weakening Chinese economy weighed on London markets this morning as investor sentiment soured on concerns the global supply chain crisis will last longer than expected. The capital’s premier FTSE 100 edged down 0.12 per cent to 7,226.20 points during the opening session. China’s economy was dragged down by energy shortages, soaring commodity prices and [...]
FTSE 100 tops pre-pandemic high on commodity rally October 15, 2021 Soaring commodity prices boosted industrial stocks on London markets this morning, lifting the capital’s premier FTSE 100 index to its highest level since before the pandemic. The blue-chip index advanced to 7,242.73 points in early trading, before pulling back slightly. More to follow.
US miner Bens Creek seeks London float October 14, 2021 American coal miner Bens Creek has announced plans to float on the Alternative Investment Market (AIM) of the London Stock Exchange this month. The company – which owns a metallurgical coal mine, wash plant, and rail loading facility situated on a 10,000 acre plot that covers parts of West Virginia and Kentucky – plans to [...]
London markets shake off Fed tightening concerns October 14, 2021 London markets this morning shook off fears that the Bank of England could follow the US Federal Reserve and begin tightening monetary policy next month. The capital’s premier FTSE 100 index climbed 0.69 per cent to 7,191.41 points during the opening session today. More to follow.
Clean energy investment crucial for reducing market volatility, says oil body October 13, 2021 Global volatility in the energy market and further price rises will continue without a major boost in clean energy investment, warns the International Energy Agency. Executive director Fatih Birol believes the transition to net-zero carbon emissions will remain unstable, unless future energy needs can be financed. As economies shift from fossil fuels and less sustainable [...]
Man Group assets hit record $140bn after cash injection October 13, 2021 Hedge fund manager Man Group has received $5.3bn cash, raising its assets to a new record of $139.5bn, the company said in an update to investors this morning. Funds under management rose by three per cent in the third quarter after the Group secured $5.3bn (£3.9bn) worth of cash – the highest quarterly amount in [...]