Even as India grapples with a growing crisis, strong trade ties with the UK are still at the top of the agenda April 27, 2021 Indian Prime Minister Narendra Modi is in the midst of grappling with the ever-worsening tsunami of coronavirus cases and tales of heartbreak in India. As a result, Boris Johnson was forced to cancel his trip last week. However, this has done nothing to dampen the enthusiasm from both countries who have continued to push forward [...]
Why don’t I have an EV yet? April 24, 2021 Given all the hype around electric cars, it is sometimes easy to forget just how far off mass adoption of the climate friendly vehicles still is. A recent survey by consumer trends data firm Dynata suggests that as yet just 16 per cent of Brits have bought an electric or hybrid car – way behind [...]
London stocks end the week lower despite strong economic data April 23, 2021 London’s blue-chip stocks were little changed on Friday but finished the week lower as growing concerns over a surge in global coronavirus cases eclipsed optimism from recent data pointing to a rapid UK economic rebound. The exporter-heavy index ended the session flat, with a fall in heavyweight energy shares and large dollar earning companies including [...]
Why the going is about to get tougher for investing in climate change April 23, 2021 2020 was an extraordinary year for climate change action. Public opinion, governments, businesses and financial markets all had major shifts in their appreciation of the urgent need to address the climate crisis. More investment, research and development, and international collaboration will now come together to enable a faster transition to a net zero economy. While [...]
Biden pledges to cut emissions by 52 per cent by 2030 April 22, 2021 US President Joe Biden administration has today pledged to slash US greenhouse gas emissions by 50 per cent – 52 per cent from 2005 levels by 2030. The new target was unveiled ahead of a two-day climate summit featuring the world’s biggest economies. Before the summit began, Biden tweeted: “No nation can solve this crisis on its [...]
Strong trade ties with India could put the UK in pole position to join the CPTPP and face up to China April 22, 2021 Boris Johnson has cancelled his planned visit to India after coronavirus cases spiralled out of control. Moving the conversation online, in the way many of us have done this past year, in no way diminishes the importance of the discussions he and Prime Minister Modi will have in the coming weeks. Their dialogue is occurring [...]
Coinbase’s Nasdaq debut powers retail crypto trading frenzy April 20, 2021 A look back over the crypto week suggests Coinbase's Nasdaq bow created plenty of waves.
FTSE 100 pushes above 7,000 for first time since Covid crash as Wall Street hits new records April 16, 2021 London’s FTSE 100 rose above the 7,000-mark today for the first time since Covid pummelled financial markets last year. Across the Atlantic, Wall Street again hit new record highs on the back of a bumper set of earnigns from America’s banking giants. Speedy vaccine rollouts and government policy support has lifted investor confidence about a [...]
S&P 500 and Dow hit record highs on upbeat earnings April 15, 2021 The S&P 500 and Dow Jones indexes hit record highs on today, as upbeat earnings reports from companies including Bank of America and Blackrock as well as a strong rebound in March retail sales bolstered hopes of a broader economic rebound. The Dow Jones Industrial Average rose 57.64 points, or 0.17%, at the open to 33,788.53. The S&P 500 [...]
Institutional clients are here but is the crypto market ready to welcome them? April 15, 2021 Developing the right products to serve institutional clients is the key for the crypto industry to reach mainstream adoption, says Konstantin Anissimov, Executive Director at CEX.IO.