London markets boosted by bullish Omicron outlook December 7, 2021 Investors continue to be bullish about the Omicron variant posing little threat to the global recovery from the pandemic, lifting London markets today. The capital’s premier FTSE 100 index shot up 1.13 per cent to 7,314.33 points during the first hour of trading. The mid-cap FTSE 250 index, which is more aligned to the health [...]
Growth of property values hits 15-year high: House prices rise for fifth straight month amid 8.2 per cent annual jump December 7, 2021 Average UK property price hits a new record high of £272,992 last month, rising in November by 8.2 per cent compared to the same month a year earlier, according to Halifx, publishing its monthly index this morning. Prices increased by 1 per cent month-on-month in November while quarterly house price inflation is now at its [...]
Babcock recovers from heavy pandemic losses with £400m disposals plan and UK contracts December 7, 2021 Babcock has recovered from heavy losses to report an operating profit of £75.4m, following a £400m disposal plan and a growing contract backlog.
Early orders and Singles Day boost: Both Chinese exports and imports pick up steam December 7, 2021 European equity markets got off to a solid start to the new week yesterday as investors looked past the negativity of last week and chose to focus on the expectation that the Omicron variant, while more transmissible, may well not be as virulent as the Delta variant that is wreaking havoc across Europe. “Indications so [...]
Trump’s new media company under investigation by SEC December 6, 2021 The US' Securities and Exchange Commission is probing Trump's plans to take his new social media company public.
Rohingya sue Facebook for £150bn over its role in Myanmar genocide December 6, 2021 Rohingya victims of Myanmar's genocide in the UK and US are launching legal action against Facebook over its negligence towards hate speech.
Tesla probed by SEC over whistleblower claims of solar panel defects December 6, 2021 The SEC has opened an investigation into Tesla over claims the company failed to notify the public of fire risks linked to solar panel defects.
Airlines stocks jump as Omicron concerns are shrugged off December 6, 2021 The shares of several airlines – including British Airways’ owner IAG, Easyjet and Ryanair – jumped today, as a result of carriers shrugging off concerns about the latest Covid variant, Omicron. Evidence showing the mild effects of Omicron, which has not yet caused any deaths, has led to IAG going up to 142.26p from a [...]
Covid vaccines mandatory for New York private sector workers December 6, 2021 New York's Mayor Bill de Blasio has issued a sweeping mandate requiring all private sector workers to receive the Covid-19 vaccine.
Thungela’s shares spike 15 per cent amid rising coal demand and upbeat trading report December 6, 2021 Shareholders in Thungela Resources (Thungela) are set for a hefty windfall as rising coal prices and energy demand strengthen its balance sheet.