After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Deficit rises unexpectedly in August on back of weak tax receipts September 21, 2018 Public sector borrowing has fallen to its lowest point since 2002 for the financial year to date at £17.8bn, £7.8bn less than the same time last year. However, August borrowing of £6.8bn came in at double economists' expectations, and was £2.4bn higher than the same month last year, figures from the Office for National Statistics (ONS) showed. Economists had expected [...]
Sky’s final showdown September 21, 2018 | City Talk The battle for Sky will come to an end this weekend. Fox, which is controlled by the Murdochs and Comcast will have their final push to try and snatch the stock. Fox’s latest bid is 1,400p and Comcast’s is 1,475p. Since Fox’s offer is lower they will be given the first chance to put [...]
Sky’s final showdown September 21, 2018 | City Talk The battle for Sky will come to an end this weekend. Fox, which is controlled by the Murdochs and Comcast will have their final push to try and snatch the stock. Fox’s latest bid is 1,400p and Comcast’s is 1,475p. Since Fox’s offer is lower they will be given the first chance to put [...]
Price wars versus trade wars: Markets work just fine when we leave them alone September 21, 2018 David Lewis is ramping up a food fight of epic proportions. The chief executive of Tesco has launched a spin-off chain of discount supermarkets called Jack’s (named after Tesco’s founder Jack Cohen). The aim is to become more competitive with German chains Aldi and Lidl, which have been saturating the market with cheaper products since [...]
Price wars versus trade wars: Markets work just fine when we leave them alone September 21, 2018 David Lewis is ramping up a food fight of epic proportions. The chief executive of Tesco has launched a spin-off chain of discount supermarkets called Jack’s (named after Tesco’s founder Jack Cohen). The aim is to become more competitive with German chains Aldi and Lidl, which have been saturating the market with cheaper products since [...]
Four-fifths of manufacturers not ready for no-deal Brexit as economists warn of £40bn hit September 21, 2018 The vast majority of British manufacturers are unprepared for a no-deal Brexit, a poll will show today, as economists predict a major £40bn hit to the UK economy in the event of a disorderly exit from the EU. More than four in every five manufacturing firms say they are not prepared, the survey by the [...]
Four-fifths of manufacturers not ready for no-deal Brexit as economists warn of £40bn hit September 21, 2018 The vast majority of British manufacturers are unprepared for a no-deal Brexit, a poll will show today, as economists predict a major £40bn hit to the UK economy in the event of a disorderly exit from the EU. More than four in every five manufacturing firms say they are not prepared, the survey by the [...]
Trump slams Opec, urging oil cartel to ‘get prices down now’ September 20, 2018 Donald Trump has slammed the Opec and urged the cartel to “get prices down”, citing the protection the US provides for countries in the Middle East. Trump has urged Saudi Arabia to increase oil production in recent months to combat higher oil prices brought about by his own sanctions on Iran. He has also previously [...]
Trump slams Opec, urging oil cartel to ‘get prices down now’ September 20, 2018 Donald Trump has slammed the Opec and urged the cartel to “get prices down”, citing the protection the US provides for countries in the Middle East. Trump has urged Saudi Arabia to increase oil production in recent months to combat higher oil prices brought about by his own sanctions on Iran. He has also previously [...]
Rio Tinto announces $3.2bn share buyback after sale of Australian coal mines September 20, 2018 Mining giant Rio Tinto has announced a $3.2bn (£2.4bn) share buyback programme following its sales of Australian coal assets. The miner's London share price rose more than two per cent following the announcement and its listing on the Australian Securities Exchange climbed 3.5 per cent. The world's third largest mining company said it would conduct an [...]