FTSE 100 today: London markets to scale to new highs on growing rate cut bets, riding global rally wave May 7, 2024 Asian markets surged in line with Wall Street's positive trend, while oil prices rose after Israel's strike in Gaza. Gold prices also climbed amid geopolitical uncertainties. Australia's central bank holds the cash rate at 4.35 per cent. Investors are now focused on the Bank of England (BoE) policy decision and UK GDP data for further market cues.
Crypto’s Social Finance platform FriendTech experiences volatile token launch May 7, 2024 The beauty of crypto is it encompasses a variety of already existing and emerging sectors. Social Finance (SoFi) is an example of this. It merges already existing Web 2.0 social media platforms and ideas, with features and incentive mechanisms of Decentralised Finance (DeFi). Last Friday, the SoFi platform FriendTech launched and airdropped their own token (FRIEND) on Base. As always with crypto, there was not a lack of volatility.
Train strikes to restart sparking anger from City bodies and hospitality groups May 6, 2024 Britain's railways are bracing for yet another round of industrial action as train drivers stage walkouts throughout next week.
Are UK markets ready to bounce back? UBS says yes May 6, 2024 The UK market has been unloved for some time, but this might be about to change, as UBS has radically shifted its ratings for UK equities.
Week ahead: JD Wetherspoons, BP, IAG and more train strikes May 6, 2024 The week ahead will also reveal Halifax's house price index, PMI construction figures and an interest rate decision from the Bank of England.
Channel Tunnel operator ratchets up plans for Eurostar rival as competition heats up May 6, 2024 A challenger to Eurostar's monopoly is looking increasingly likely and Eurotunnel has said it is ratcheting up preparations.
Built, test, repeat: Meet the scientist-turned-entrepreneur by accident May 6, 2024 Build, test, repeat – rejection – build, test, repeat. Sound familiar?
Easyjet, Ryanair and Wizz Air urge Brussels to ignore airline lobbying against contrail crackdown May 6, 2024 Europe's budget airlines have put aside their rivalry to attack lobbying by their long-haul counterparts to limit the scope of new EU climate regulations.
Can chip designer Arm impress following a sales slowdown? May 6, 2024 Shares in Cambridge-based chip designer Arm have soared 60 per cent over the past year after an investor pile-in.
Natwest bonus scheme planned for Tell Sid shareholders May 6, 2024 Natwest shareholders will be awarded bonus shares if they hold onto its stock for more than a year, plans for the sale of the government's stake in the bank have indicated.