Oil prices jump more than 10 per cent in biggest one-day rally since 2009 August 27, 2015 Oil prices went through their sharpest rise in six and a half years today, as the commodity benefited from recovering equity markets and reduced fears over China's economic slowdown. Read more: Commodities plunge to 16 year low as China fears push oil prices down further US crude finished the day 10.3 per cent higher [...]
Most people in the UK feel burnt out by the stress of work August 27, 2015 Most people in the UK feel burnt out by the pressures of work, according to figures seen by City A.M. Read more: Work stress can be seriously damaging to your mental health: Here's how to tell if it's making you depressed A report by recruitment company CareerBuilder found that on average, 66 per cent of [...]
FTSE 100 gains £60bn in one day as investors regain confidence August 27, 2015 It's been a rollercoaster of a week for the FTSE 100. Having lost £72bn on Monday, won half of it back on Tuesday and then suffered losses again on Wednesday, the direction the blue-chip index would head in next seemed far from certain. Read more: Emerging Market stocks and currencies rally on doubts of a [...]
Coding overtakes French as UK’s most popular second language in primary schools August 27, 2015 Coding has become the most popular second language to learn at UK primary schools, shoving French into second place, according to a new study released today. Read more: We are jeopardising UK tech by failing to tackle UK skills shortages Ocado Technology carried out a survey of 3,000 people falling into three different age [...]
Emerging market stocks and currencies rally on doubts of a US rate rise August 27, 2015 Emerging markets made major gains today after doubts were cast over a US interest rate rise next month. Read more: US stocks rise sharply as investors recover from China panic The MSCI emerging markets index is currently 3.3 per cent higher, having climbed steadily since the start of trading. The rouble has also [...]
US stocks rise sharply as investors recover from China panic August 26, 2015 US stocks surged upwards today, bringing an end to six consecutive days of declines. Read more: US markets rise but FTSE closes lower as China uncertainty continues At close, the S&P 500 was up 3.9 per cent, while the Dow Jones Industrial Average and Nasdaq ended the day 3.96 per cent higher and 4.24 per [...]
September interest rate hike looks “less compelling” in light of China slowdown, says Fed policymaker William Dudley August 26, 2015 A September interest rate rise by the Federal Reserve is now “less compelling”, according to William Dudley, President of the central bank's New York office. "From my perspective, at this moment, the decision to begin the normalization process at the September FOMC meeting seems less compelling to me than it was a few weeks [...]
YouTube gives Twitch a run for its money with a new live gaming service August 26, 2015 After months of development, YouTube Gaming has officially been launched. Read more: Twitch – what is it and why has Amazon just spent nearly $1bn on it? The live-streaming video gaming service, which comes as an app and a website, will take on rivals such as Daily Motion and Amazon-owned Twitch. Google, which [...]
Young women think engineering is unglamorous, and it’s resulting in a skills shortage August 26, 2015 I believe I have one of the most exciting jobs around. I work on projects that affect millions of people every single day, striving to deliver a safe and high-performing railway for Britain. And yes, I am an engineer and I am a woman. Read more: From the Shard to Crossrail: Five female engineers shaping [...]
BlackRock buys robo-adviser firm FutureAdvisor for estimated $200m August 26, 2015 BlackRock is buying FutureAdvisor, a company that develops robo-adviser technology, for between $150m and £200m. Read more: Robo-advisers backed to fill financial gap Robo-advisers create automated investment portfolios for clients by asking them a series of questions about their income, investment ambitions and tax situation. FutureAdvisor was set up in San Fransisco five years ago [...]
