Ethereum breaches $3,000 as ETF anticipation grows February 23, 2024 On Wednesday, Coinbase endorsed Grayscale's application to convert its ETH trust into an ETF - emphasising this stance.
‘Not for EU’ food labelling plans already affecting investment in UK manufacturing February 23, 2024 Plans to introduce ‘not for EU’ labelling on food products across the whole of the UK is already “having an impact on investment”, one expert has warned.
Moving markets: Will FTSE 100 ride the Nvidia ‘FOMO’ wave in AI trade today? February 23, 2024 Asian markets rose with Wall Street on Nvidia's AI FOMO. Oil prices fell, and China's new home prices dropped. Investors await Germany's GDP data and StanChart's earnings.
Nvidia surges to record $277b market cap in single day, riding AI ‘FOMO’ wave February 23, 2024 Nvidia, a leading chipmaker, shattered records by achieving the largest single-session market capitalization increase for a publicly listed company.
FTSE 100 close: London joins Nvidia fuelled rally following strong PMI February 22, 2024 FTSE 250, which is more aligned with the UK's domestic market, was in the green around 0.27 per cent up, with Indivior's shares at +18 per cent.
Troubles for Custodian as bidding war over Abrdn property trust escalates February 22, 2024 Custodian's attempt to buy the Abrdn Property Income Trust have been further impeded after two asset managers dropped support for the deal.
Post Office row: Top civil servant denies telling Henry Staunton to delay payments February 22, 2024 A senior civil servant has denied tellilng former Post Office chairman Henry Staunton to delay the Horizon IT compensation payments.
Lloyds could face £3.5bn hit from FCA motor finance probe, analysts warn February 22, 2024 A wide-ranging review of historic motor finance commission arrangements has rocked the UK’s banking sector.
Awards announced for Square Mile’s green champions February 22, 2024 The Clean City Awards – organised by the City of London Corporation – celebrated its 30th anniversary this year
Anyone for Pimm’s? Diageo mulls sale of iconic British tipple February 22, 2024 Diageo, the FTSE 100 drinks giant, is reportedly mulling the sale of three non-core brands, including summer time favourite Pimm’s.