China’s central bank slashes mortgage rates in high-stakes bid to revitalize property market February 20, 2024 China's central bank slashed the benchmark mortgage interest rate on Tuesday in a bid to jumpstart the country's sluggish property market and boost its struggling economy.
FTSE 100 close: Strong Barclays results fails to lift London due to China concerns February 20, 2024 Caution gripped the air as investors continued to fret over the prospects of the world's second largest economy.
UK trade policy must focus on services, top City figure urges February 19, 2024 The UK’s trade policy must “flip” to focus on services, given the country is no longer a “nation of shopkeepers”, a senior City of London figure is to argue.
Superdry founder in talks with US private equity firm for rescue bid February 19, 2024 The founder of Superdry, Julian Dunkerton, is reportedly in talks with US investor Davidson Kempner to rescue the ailing fashion retailer.
FTSE 100: London creeps into the green, Currys soars as takeover battle looks likely February 19, 2024 On the FTSE 100, Astrazeneca rose to the top of the index after its Tagrisso drug received positive clinical trial results.
Newcastle confirm sporting director Dan Ashworth will leave the club February 19, 2024 Ashworth is believed to have asked to leave the club after an approach by Sir Jim Ratcliffe’s new leadership team at Manchester United.
European stagnation showing up in company results as continent falls behind US rivals February 19, 2024 According to analysis from Liberum, S&P 500 listed firms who have reported results for the fourth quarter have seen revenue growth of 3.7 per cent year-on-year.
Messi hits back at fans in Hong Kong and China with video message February 19, 2024 Messi said reports that he did not play for political reasons “have no truth”.
Gresham House launches £301m biodiversity credit fund February 19, 2024 It will invest in 'habitat banks', which are plots of land ranging from 10 to over 500 hectares, where changes to land management are expected to improve biodiversity.
Who owns investment companies? Data reveals institutional dominance February 19, 2024 Institutions hold half of all the shares in investment companies by value, or £89bn of the holdings, according to new data from the Association of Investment Companies (AIC). Analysing £177bn of shareholdings, or 87 per cent of the industry’s total market cap, the data revealed that wealth managers hold 25 per cent of all shares, [...]
