Nato summit: Donald Trump pulls out of press conference after world leaders mock him December 4, 2019 Donald Trump has pulled out of a Nato summit press conference this afternoon after world leaders were caught on camera appearing to mock the US President. “When today’s meetings are over, I will be heading back to Washington,” Trump said. Read more: Nato summit: World leaders caught on video ‘mocking’ Trump “We won’t be doing [...]
Nato summit 2019: Trump-Macron tensions mar 70th anniversary of alliance December 4, 2019 World leaders gathered today for the Nato summit amid growing tensions between members following Donald Trump’s war of words with Emmanuel Macron. The Nato summit in Watford comes amid campaigning ahead of the 12 December UK General Election. But Prime Minister Boris Johnson has arrived at the summit marking the alliance’s 70th anniversary. Read more: [...]
Quiz swings to £7m loss as it blames ‘very challenging’ UK high street December 4, 2019 Fast fashion brand Quiz has plunged into a loss due to expensive shop leases and a lack of footfall in the first half of its financial year, it revealed today. Shares sank 16 per cent in response to leave the embattled retailer’s stock valued at just 14.05p per share. Read more: Quiz has already issued [...]
Nato summit 2019: Everything Donald Trump said in his freewheeling press conference December 3, 2019 Donald Trump vowed to stay out of the UK General Election on his arrival in London for the Nato summit today, but still managed to voice his support for Boris Johnson. Trump again backed Brexit and said he had even predicted it as he defended himself against claims he should be impeached, calling his controversial [...]
Jeremy Corbyn throws spotlight back on NHS during Donald Trump’s Nato summit visit December 3, 2019 Labour leader Jeremy Corbyn has urged Donald Trump to confirm the NHS is “genuinely off the table” in post-Brexit trade talks between the US and UK. The US President landed at Stansted overnight for London’s Nato summit this week. Read more: Nato summit 2019: London’s road closures as Trump arrives in UK His visit comes [...]
Oaktree abandons attempt to stall $6bn Inmarsat deal December 3, 2019 Inmarsat shareholders have dramatically dropped their objections to a take-private deal on the day they were set to raise them in court. A consortium led by Oaktree Capital was expected to try and block a $6bn offer made by hedge funds in the High Court today. Oaktree, Kite Lake Capital Management and Rubric Capital Management [...]
Asian stocks slump after Trump slaps tariffs on Brazil and Argentina December 3, 2019 Asian stocks slipped today after US President Donald Trump slapped tariffs on imports from Brazil and Argentina to spike global trade tensions once again. Soft US manufacturing data compounded the problem for world markets and saw global stocks fall into the red as trading opened today. Read more: European stocks have worst day in two [...]
Ted Baker share price sinks into acquisition territory after £25m balance sheet error December 2, 2019 Ted Baker has warned investors that it is set to take up to a £25m hit after overstating the value of inventory on its balance sheet. The retailer has appointed Freshfields Bruckhaus Deringer to investigate the issue and told shareholders that it estimates an impact on the value of the clothing stock of between £20m [...]
FTSE 100 climbs higher as China manufacturing PMI offsets US-China trade war doubts December 2, 2019 Strong Chinese manufacturing PMI pushed the FTSE 100 higher today despite a lack of progress between the US and China on a trade deal. London’s blue-chip index rose to 7,395.5 points in early trading, up 0.67 per cent. Read more: Asian stocks climb as Chinese manufacturing PMI improves France’s Cac climbed 0.65 per cent to [...]
Cat Rock says Prosus will have to raise Just Eat bid to 925p per share December 2, 2019 Activist investor Cat Rock has said it will throw its weight behind Just Eat’s Takeaway.com merger unless Prosus raises its offer to 925p per share. The Dutch food delivery firm has had a £5bn bid accepted for Just Eat but tech group Prosus has come in with a rival 710p per share offer. Read more: [...]
