Covid: WHO ‘very worried’ about Europe surge November 20, 2021 The World Health Organization (WHO) has reportedly said it is concerned about the spread of Covid-19 in Europe, following the announcement of a full lockdown in Austria.
Oil be back: Prices recover despite Biden pushing China to release crude reserves November 19, 2021 Oil prices are showing signs of recovery despite calls from the US and China to flood the market with crude reserves.
FTSE 100 shrugs off real estate stocks boost November 18, 2021 London markets were a mixed bag during opening exchanges today despite a rally among real estate stocks providing bright spots on the FTSE 100. The capital’s premier index fell 0.19 per cent to 7,276.99 points, while the mid-cap FTSE 250 climbed 0.22 per cent to 23,487.07 per cent. A rally among real estate stocks was [...]
Canada’s biggest video game developer eyes £130m London listing November 18, 2021 Leaf Mobile, which develops games based on shows such as RuPaul's Drag Race, expects to be valued at £130m following the dual listing on the London Stock Exchange.
What does COP26 mean for climate change investors – and what next? November 17, 2021 | City Talk The outcome of COP26 came as a disappointment to some, given how critical climate issues are and the urgency of action within the coming decade. Overall, we don’t see COP26 as being particularly game-changing from an investment point of view. That said, there were positives to take from the conference too. Reasons to be positive [...]
Workspace bets on the office return with £45m Islington acquisition November 17, 2021 Office-space provider Workspace has announced it has bought out a smaller competitor, The Busworks, in a £45m deal as more people return to offices in London. The FTSE-250 company today said it will upgrade the iconic building, a former Victorian bus factory from 1888, which is currently being used as office spaces to rent. The [...]
Reading financial news: The top 10 avoidable distractions November 16, 2021 | City Talk If you’re like me, you’re bombarded daily by financial news that screams for your attention. But a lot of what we read is either irrelevant, shallow, or incomplete and hence misleading and distracting from an investment perspective. I’ve identified the top 10 distractions, the kind of stories that have no value or insight and can be easily [...]
LV= rejects new Royal London offer and stands by £530m Bain takeover November 16, 2021 Mutual insurer Liverpool Victoria has turned down the latest offer from its competitor Royal London which had proposed dismantling the business, amid increasing criticism over a £530m proposed takeover which would end the firm’s member-owned status. LV= has been pushing its members to vote to allow the controversial takeover deal by US private equity firm [...]
Post-COP26 beating: All eyes on mining firms today after investors dump stocks on merciless Monday November 16, 2021 Investors yesterday dumped mining stocks as the future of coal looks bleak during the first day of trading on the London Stock Exchange since the COP26 agreement was signed over the weekend. Several big names saw falls, including Evraz down 16.8p at 603.2p; BHP down 37.4p at 1923.4p; Antofagasta down 28p at 1,460p and Anglo [...]
This is not just results: London markets boosted by M&S profit hike November 10, 2021 UK retail institution Marks and Spencer boosted London markets during the opening session today as investors poured into the stock after it hiked its profit outlook. The capital’s mid-cap FTSE 250 index, which M&S is listed on, advanced 0.34 per cent to 23,445.61 points. The premier FTSE 100 index was up 0.33 per cent to [...]