Metro Bank losses widen as it takes £124m hit from Covid, sending shares lower February 24, 2021 Metro Bank loss widens as it takes £124m hit from Covid pandemic
City A.M. TV: Daily Market Snapshot (video) February 24, 2021 Sector behaviour in the global markets is currently unusually divergent. Key cyclical sectors across the globe are making new highs: UK & US airline sectors, for example, have rallied sharply in recent trading sessions to new multi month highs; the UK’s FTSE basic materials sector is at new multi-year highs, while the global banks sector [...]
Ibis and Sofitel owner Accor swings to £335m loss as tourism revival splutters February 24, 2021 Ibis and Sofitel owner Accor swings to £335m loss as tourism revival splutters
FTSE insurer Aviva confirms sale of French unit for €3.2bn to Aema Groupe February 23, 2021 Aviva confirms sale of French unit for €3.2bn to Aema Groupe
City A.M. TV: Daily Market Snapshot (video) February 23, 2021 Following false breakouts in markets last week, downside momentum continued to build yesterday.
G4S backs auction winner Allied Universal in £3.8bn takeover bid, as Gardaworld bows out February 23, 2021 Private security and outsourcing firm G4S this morning recommended shareholders to vote for Allied Universal's final offer valuing it at £3.8bn, a day after a rare auction battle with Canada's GardaWorld.
City A.M. TV: Daily Market Snapshot (video) February 22, 2021 After a false breakout to the upside in equity markets early last week, momentum has shifted sharply to the downside. With that, there has been further weakness in key equity index futures markets in Asian trading overnight. As a result, there are now two key factors that we are watching to judge when the downside has played out and, therefore, when to reinstate LONG positions. Those [...]
British Airways boosted by £2.4bn loan and pensions deal as travel restrictions keep flights grounded February 22, 2021 British Airways boosted by £2.4bn liquidity raise as travel restrictions keep flights grounded
Golden goodbye: Rio Tinto bosses farewell 2020 with chunky payouts February 22, 2021 Golden goodbye: Rio Tinto bosses farewell 2020 with chunky payouts
PureGym CEO: We should be allowed to reopen ahead of high street shops February 18, 2021 PureGym CEO: We should be allowed to reopen ahead of high street shops
