Centamin strikes gold as price surge takes revenues to new highs March 22, 2021 Gold miner Centamin generated record revenue in 2020 as the coronavirus pandemic pushed precious metal prices higher around the world. The firm reported revenue of $829m in 2020, from gold sales of 468,681 ounces at an average realised gold price of $1,766 per ounce sold. The gold mining company recorded profit before tax of $315m [...]
Cryptocurrency can help take us across the tipping point of a new era March 22, 2021 Columnist Stefania Barbaglio talks us through her journey into cryptocurrency and how the bumps in the road have helped shape the future.
Odey Asset Management loses tax battle with HMRC over executive pay March 22, 2021 Crispin Odey’s hedge fund Odey Asset Management has lost a tax battle with HMRC that could leave current and former executives on the hook for additional tax bills. The firm and 17 executives have been embroiled in litigation with HMRC over a partnership pay plan than ran between tax years 2011-12 and 2016-16. According [...]
Boris Johnson to call EU leaders in bid to sop vaccine export ban March 22, 2021 Boris Johnson is preparing to speak to EU leaders this week as a row over coronavirus vaccine supplies rumbles on. The Prime Minister is expected to hold a meeting with his European counterparts to try and de-escalate tensions in the lead up to an EU’s leaders summit on Thursday. He will also speak to leaders [...]
Which lockdown habits could last a lifetime? March 22, 2021 “Prediction is very difficult, especially about the future.” This cautionary quip, attributed to Nobel Prize winning quantum physicist Niels Bohr, is applicable to anyone making forecasts, and particularly investors at this point in time. Stock markets will continue to be buffeted by daily newsflow around the pandemic. Successful investing in consumer stocks over the next [...]
City A.M. TV: Daily Market Snapshot (video) March 22, 2021 City A.M. TV: Daily Market Snapshot (video)
Crypto markets dancing in step as weekend breakout again hits rails March 22, 2021 Cryptocurrency markets suffered a weekend of false starts as attempted Bitcoin breakout hits the rails.
SEC grants shareholders right to vote on emissions from US oil majors March 22, 2021 Shareholders at US oil giant Conoco Phillips will have the chance to vote on emissions reductions targets after the US Securities and Exchange Commission (SEC) denied the firm a bid to throw out environmental motions. The oil major had sought to convince the regulator that motions asking the firm to lay out its plans for [...]
Barclays expands private bank to France and Italy in bid to grow EU business March 22, 2021 Barclays has expanded its private banking division to France and Italy as it looks to grow its European wealth business in the wake of Brexit. The bank said on Monday that it had appointed Bernard Corneau and Carlo Baronio as heads of private bank coverage in France and Italy respectively. The duo will be supported [...]
Incoming stockbroker CEO: ‘The UK still looks cheap to me’ March 22, 2021 It is an exciting time to be a stockbroker, according to Cenkos Securities incoming CEO Julian Morse, who reckons UK markets are cheap and investors have no other option than to invest in equities. AIM-listed Cenkos performed well last year. The institutional stockbroking firm secured an underlying profit of £4m and revenue of £31.9m – [...]
