Week in Sportbiz: Castore eyes Chinese market with Wolves kit deal; Rosberg signs up IG Prime to Extreme E team; Koepka does rival DeChambeau a favour May 27, 2021 Change is in the air at Wolves, and not only because manager Nuno Espirito Santo departed this week. The Black Country’s finest have also signed a new kit deal with fast-growing premium British sportswear brand Castore. Castore has been canny in its choice of sportspeople and teams to get behind, from Andy Murray to Owen [...]
FTSE 100 edges higher as mining stocks lift index May 27, 2021 London’s FTSE 100 rose this morning as mining stocks buoyed the index on higher metal prices. The blue-chip index advanced 0.1 per cent in early trading, but gains were limited by oil majors BP and Royal Dutch Shell both slipping on lower crude prices. Meanwhile, the mid-cap FTSE 250 added 0.1 per cent, as Equiniti [...]
FTSE 100 slides despite strong earnings but Wall Street picks up May 26, 2021 The FTSE 100 slipped today despite a strong set of corporate earnings on a slow day for Europe’s markets. Across the Atlantic, however, Wall Street showed signs of gains after another positive start for tech stocks. London’s blue-chip index fell 0.1 per cent over the course of the day, a second straight session of losses [...]
Europe’s place in the global AI race May 26, 2021 History is a good predictor of the future. In the Eighteenth Century the industrial revolution led to technological, socio-economic and cultural changes that eventually transformed not just our quality of life, but also our expectations from life. The early adopters of technological change have compounded their progress ever since, and the earliest industrialized nations continue [...]
Bruised Bitcoin heads into an uncertain weekend May 21, 2021 The Bitcoin price has taken a battering this week, but is a comeback on the cards this weekend?
Wall Street edges higher as FTSE 100 falls flat despite recovery hopes May 21, 2021 Wall Street opened higher this afternoon as investors turned their attention to key business surveys at the end of a volatile week of trading. The Dow Jones rose 0.11 per cent on open and the S&P 500 gained 0.23 per cent, while the tech-heavy Nasdaq pushed 0.59 per cent higher. It came after the London’s [...]
Wild Wednesday: Crypto in full blown meltdown as inflation concerns roil global markets May 19, 2021 Crypto currencies have gone into full blown meltdown with Ethereum falling 40 per cent at one point today, while Bitcoin prices have slumped below $40k as the sell-off gains further traction, after Chinese regulators took steps to discourage the use of crypto. The Peoples Bank of China said earlier today that cryptocurrencies should not be used or accepted [...]
Truss: When will WTO treat China as developed country to stop Beijing’s unfair trade practices? May 19, 2021 The UK and its allies have been “too soft” on China and the World Trade Organisation (WTO) needs to get tough on Beijing’s unfair trade practices, according to international trade secretary Liz Truss. Truss told a Westminster committee today that the UK wants “to improve our toolkit multilaterally and unilaterally” through putting in new subsidies [...]
Bitcoin falls below $40k as alarm bells ring over a potential washout May 19, 2021 Bitcoin’s gut-wrenching collapse from last month’s all-time high above $62,000 to below $40,000 is a temporary dip, analysts reassured today.
Emerging Asia-Pacific capital markets: challenges and opportunities May 18, 2021 CFA Institute has published ‘The Emerging Asia Pacific Capital Markets: Challenges and Opportunities’. The report, compiled by Larry Cao and Luis Garcia-Feijóo, presents perspectives from local authors on the financial history, current status and outlook for 11 countries. Their insights should be particularly valuable for prospective investors. Many have argued that the 21st century will [...]