FTSE 100 ends week lower as fears over US bond yields and housing market grow March 5, 2021 FTSE 100 ends week lower as fears over US bond yields and housing market grow
Pound sterling falls back to near $1.38 on US jobs data surprise March 5, 2021 Pound Sterling rises tempered by strong US economic figures
Ready meal firm Parsley Box set for London float March 5, 2021 Ready meal provider Parsley Box has this morning announced its intention to float on London’s AIM list. The company, which targets its meals at the “baby boomer” generation, said it would give its customers the chance to invest in the firm as part of the IPO. Parsley Box said that it planned to be admitted [...]
Wall Street slips despite better than expected US jobs data March 4, 2021 US stocks opened lower on Thursday as Wall Street reckoned with yesterday’s technology-led selloff, despite new data showing an improved US employment market. The tech-heavy Nasdaq slid 2.4 per cent this afternoon, with carpet company Dixie Group pulling the index down with a 48 per cent drop. Tesla shares extended yesterday’s loss of more than [...]
Vaccine rollout sees UK equity funds break 8-month run of outflows March 4, 2021 UK equity funds enjoyed their first inflows since last May with investors boosted by the success of the vaccine rollout. It brings an end to a difficult eight months which saw funds shed £2.2bn of capital, according to global fund network Calastone. Last month investors cautiously dipped their toes into equity funds with £145m in [...]
Peugeot and Fiat owner Stellantis nets profit boost after mega-merger March 3, 2021 The newly formed Stellantis predicts better than expected financial results after profits remain high in the pandemic
FTSE 100 pares gains as investors split on Sunak’s Budget March 3, 2021 The FTSE 100 pared some of its gains after today’s Budget, as investors reacted to a combination of further business support and future tax hikes. Having been up 1.2 per cent by the mid-morning, London’s blue chip bourse fell back to 6,639 points, up 0.4 per cent. Read more: Budget 2021: Live news and updates [...]
The investor’s dilemma: do sustainable funds need a digital detox? March 3, 2021 | City Talk Netflix documentary The Social Dilemma makes for uncomfortable viewing for users of social media channels such as Facebook, Instagram, Snapchat, YouTube or Twitter. i.e. pretty much all of us. And as a sustainability specialist who invests (at the time of writing) in Alphabet , the parent company of Google and YouTube, I find the issues covered extra [...]
Wall Street closes lower price after technology stocks retreat March 2, 2021 Wall Street closes lower price after technology stocks retreat
G20 nations including UK agree to raise IMF funds March 2, 2021 The G20 agrees to inflate IMF funds as a gesture to poorer countries to help them recover from pandemic.