Donald Trump hits back at “failed Washington elite” foreign policy experts who brand him reckless August 9, 2016 Republican presidential candidate Donald Trump has hit out at a "failed Washington elite" that warned against electing him to the White House. Trump said the 50 Republican foreign policy experts are attempting to hold on to power after they wrote an open letter warning that the billionaire would be "the most reckless president" in US history. [...]
Rio 2016 Olympics: What to watch on Wednesday including Chris Froome, rugby sevens, Rebekah Tiler, Andrew Willis, Max Whitlock and rowing August 9, 2016 NULL
Valeant falls woefully short of expectations but investors cheer full year guidance, sending the share price higher August 9, 2016 Valeant Pharmaceuticals – the Canadian drug giant that's been through a whirlwind year – has fallen far short of expectations in its second quarter. Investors were cheered however by the company dodging another profit warning as it reconfirmed its guidance for full-year profits. Shares climbed by over seven per cent in the pre-market before paring back gains. Read more: [...]
CMA banking review pushes up banks’ share prices August 9, 2016 Shares in the UK's largest lenders rose this morning, after the Competition and Markets Authority (CMA) published its "shake up" of the UK's banking sector. Shares in Barclays were up two per cent at 160.6p in lunchtime trading, while RBS rose 1.9 per cent to 188.2p. Meanwhile, Lloyds and HSBC both edged up 0.5 per cent, to [...]
Before the bell: What you need to know before the US market open August 9, 2016 US stocks are nearing record highs and China's inflation grew at its slowest rate in seven months. Here's what you need to know ahead of the US market open at 2:30pm London time. US stock markets are nearing all time highs (the S&P 500 hit an all-time high of 2,185.54 points yesterday, although it pulled [...]
How the big high street banks responded to the CMA report August 9, 2016 There's been a lot of noise in the banking sector this morning, as people try to digest the recommendations laid out in the Competition and Markets Authority's (CMA) final report from its retail banking investigation. Among the most eye-catching announcements was that of the Open Banking programme, which will enable personal and small business customers to share [...]
2016 technology just saved a woman’s tortoise from certain death August 9, 2016 Today's most heartwarming London news story is a good reminder that while we might take for granted the technology available at our fingertips in this day and age, one woman and her tortoise definitely don't. Westminster refuse staff leapt into action after a London resident, Sarah Joiner, called to say her 90-year-old tortoise Zuma had [...]
Research shows people live longer during recessions August 9, 2016 A new study has found that mortality rates drop and people live longer during periods of economic hardship. For every one percentage point increase in unemployment, research published today by IZA World of Labour found there is a 0.5 percentage point fall in the number of deaths in developed economies. According to Nick Drydakis, a reader in economics at [...]
Cenkos pays FCA £0.5m fine in relation Quindell representations August 9, 2016 The Financial Conduct Authority (FCA) fined mid-cap stockbroker Cenkos this morning for making incorrect representations over insurance company Quindell's attempted admission to the stock exchange. Cenkos paid £530,500 in early settlement of the fine, which would have otherwise been £757,800. The size of the fine was in line with expectations, and Cenkos' share price increased by nearly five per cent [...]