Investec shares grow as it plans to demerge asset arm for London listing September 14, 2018 Shares in South African banking group Investec flew up 10 per cent today as it revealed plans to spin off its asset management arm and list it in London. Investec Asset Management (IAM) will be listed on the London Stock Exchange in a demerger Investec believes “simplifies the group”. It will also have an inward [...]
Investec shares grow as it plans to demerge asset arm for London listing September 14, 2018 Shares in South African banking group Investec flew up 10 per cent today as it revealed plans to spin off its asset management arm and list it in London. Investec Asset Management (IAM) will be listed on the London Stock Exchange in a demerger Investec believes “simplifies the group”. It will also have an inward [...]
Church of England will keep Amazon shares despite Archbishop criticism September 14, 2018 The Church of England will hold onto its Amazon stock even after the Archbishop of Canterbury accused the online retail behemoth of “leeching off the taxpayer”. Church commissioners disclosed that Amazon was one of the CoE’s 20 most valuable equity holdings in their annual 2017 report. But they will keep hold of their shares despite [...]
Church of England will keep Amazon shares despite Archbishop criticism September 14, 2018 The Church of England will hold onto its Amazon stock even after the Archbishop of Canterbury accused the online retail behemoth of “leeching off the taxpayer”. Church commissioners disclosed that Amazon was one of the CoE’s 20 most valuable equity holdings in their annual 2017 report. But they will keep hold of their shares despite [...]
Sterling and the euro gain against the dollar thanks to cooling US inflation September 13, 2018 Sterling and the euro have risen against the dollar as they received an unexpected boost from US inflation. The “disappointing” inflation reading saw the dollar sink against the pound and euro, meaning sterling climbed to 1.31 against the dollar, its highest since late July, while the euro reached 1.17. Read more: Barclays: Trump impeachment wouldn't [...]
Sterling and the euro gain against the dollar thanks to cooling US inflation September 13, 2018 Sterling and the euro have risen against the dollar as they received an unexpected boost from US inflation. The “disappointing” inflation reading saw the dollar sink against the pound and euro, meaning sterling climbed to 1.31 against the dollar, its highest since late July, while the euro reached 1.17. Read more: Barclays: Trump impeachment wouldn't [...]
Raab: Stop blaming Brexit for poor business performance September 13, 2018 Brexit secretary Dominic Raab today told businesses to stop blaming Brexit for poor performance and “take responsibility”. His comments come in the wake of John Lewis posting a 99 per cent drop in profits in its half-year results this morning, which it partly attributed to Brexit. Read more: Bank of England: Hold fire until there [...]
Raab: Stop blaming Brexit for poor business performance September 13, 2018 Brexit secretary Dominic Raab today told businesses to stop blaming Brexit for poor performance and “take responsibility”. His comments come in the wake of John Lewis posting a 99 per cent drop in profits in its half-year results this morning, which it partly attributed to Brexit. Read more: Bank of England: Hold fire until there [...]
Debenhams share price falls as House of Fraser merger talk is dampened September 13, 2018 Shares in Debenhams fell by five per cent this morning, wiping out most of the gains made yesterday amid speculation that Sports Direct could merge the struggling retailer with House of Fraser. Read more: Sports Direct board 'mulled Debenhams and House of Fraser merger' The comments were made by an outgoing board member at the [...]
Debenhams share price falls as House of Fraser merger talk is dampened September 13, 2018 Shares in Debenhams fell by five per cent this morning, wiping out most of the gains made yesterday amid speculation that Sports Direct could merge the struggling retailer with House of Fraser. Read more: Sports Direct board 'mulled Debenhams and House of Fraser merger' The comments were made by an outgoing board member at the [...]