Uber bets on India growth with media deal March 23, 2015 UBER has partnered with the publisher of the Times of India newspaper in a bid to shore up its position in the lucrative market – its largest outside the US. The tie up includes commercial arrangements for marketing and distribution through Times Internet, the digital arm of the Times of India Group, as the taxi [...]
Stansted sets sights on rail improvements March 23, 2015 LONDON Stansted could double the number of passengers it serves on a yearly basis to 40m if the government helps to improve rail links around the airport, it said yesterday. Stansted has called on politicians to improve connections between the airport and major city rail stations.
Best of the Brokers for 24 March 2015 March 23, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com INVESTEC Numis reiterated its “hold” rating on the asset management group following its pre-close update. The broker said it had made some “very modest forecast changes” as a result of the update, with predicted earnings per share revised downwards, from 36.4p to 35.6p. [...]
FTSE at a record high as miners lifted by metals – London Report March 23, 2015 BRITAIN’S blue-chip share index set a record high yesterday as mining stocks rallied with firmer metals prices, outpacing weakness in shares such as Weir Group. The UK mining index gained 2.2 per cent as copper hit a two-month high, driven by a weaker dollar on expectations the US Federal Reserve will stay accommodative for the [...]
US stocks dip as investors focus on dollar – New York Report March 23, 2015 US STOCKS edged lower yesterday on the heels of strong gains in the prior week, as investors weighed fluctuations in the dollar and its impact on other markets, including crude prices. Equity markets fluctuated between modest gains and slight losses, tracking the movement of energy stocks as crude oil prices were caught between the weakness [...]
The FTSE 100: How long will the rally go on? March 23, 2015 Don’t confuse price with value in the equity markets. While many of its European counterparts closed down yesterday, the FTSE 100 rose for the sixth consecutive day, with the UK’s blue-chip index closing up 0.22 per cent and reaching 7,037.67. Shirking fears over Greece, which sent France’s Cac 40 falling 0.65 per cent and the [...]
Beware a taper tantrum after ECB QE – CNBC Comment March 23, 2015 Saying goodbye is one of the hardest things in life, especially when it is to a good friend who has brought you joy, peace of mind and, yes, profits. For investors over recent years, that friend has been easy monetary policy. St Louis Fed president James Bullard told CNBC yesterday that there was the potential [...]
Jumping in the trading deep end may be a good idea – DailyFX Tips & Picks March 23, 2015 WHEN I first started trading in 2006, I knew very little about the markets. I did know, however, that I should buy the US dollar on good news and sell it on bad news. Starting out with €2,000 in my account as a university student, I had a wonderful start and generated a return of [...]
We’re all entrepreneurs now – but our politicians have yet to realise it March 23, 2015 History is littered with human traits that were for centuries seen as the preserve of an elite but which ultimately became indispensable features of everybody’s lives. Literacy, once a privilege of priests and nobles, is now a basic skill. Regular travel was reserved for the wealthy before cheap transport created the package holiday. The same [...]
Beware the headline costs of Brexit: We’ll thrive if we’re open to the world March 23, 2015 You have to be careful with headlines. They are so often highly selective about the message they want to convey. Take an example from yesterday: The Guardian’s story on a report analysing the costs or benefits to the economy of the UK leaving the EU was headlined “Thinktank tells Ukip departing from EU would cost [...]
