Hong Kong’s local elections in spotlight after months of protests November 22, 2019 Hong Kong is bracing itself for a fresh weekend of tension as voters in the city head to the polls after months of civil unrest. More than 4m residents will go to the ballot box for district council elections on Sunday, with Hong Kong facing its first electoral test of public opinion since the pro-democracy [...]
Some inconvenient truths about income November 22, 2019 “Chin up. Be positive. It’ll all work out.” We are always being encouraged to look on the bright side, but too much optimism can be dangerous. Take the simple matter of how much we expect to earn from our savings and investments. Far too many people around the globe take a “glass half full” approach [...]
Property focus on Sloane Square: This 1980s hotspot is experiencing a revival November 22, 2019 It may be famed for being the social epicentre for the young and blue-blooded in the 1980s, having lent its name to the Sloane Ranger set which included Princess Diana and Sarah Ferguson. But the area around Sloane Square is now getting a modern makeover – and vying with other parts of Chelsea and Mayfair [...]
Bitcoin tumbles below $8,000 barrier as sell-off continues November 21, 2019 Bitcoin plummeted below $8,000 this morning after hovering just above the barrier for almost a week. The cryptocurrency crashed through the barrier mid-morning UK time, marking its lowest price since late October. Read more: Emerging markets need more say on digital currencies like Libra, says Chinese official Bitcoin continued to fall, according to Coindesk data, [...]
FTSE 100 sinks again after US-China trade war tensions rise over Hong Kong November 21, 2019 The FTSE 100 opened lower this morning, with other major European stock markets also down, after the US and China clashed over Hong Kong and fresh doubts emerged about a trade deal between the two. The FTSE was 0.67 per cent lower shortly after opening, Germany’s Dax index was down 0.64 per cent, and France’s [...]
War, what is it good for? Absolutely not business November 21, 2019 Management terms such as “strategy”, “logistics” and “operations”, among others, have been borrowed directly from military science. Today, we’re taking it even further — every day in the office, it’s like we’re entering into a battle. New pricing strategy? That’ll be a “price war”. A big task? Let’s “divide and conquer”. Handling a crisis? Time [...]
FTSE 100 falls one per cent after Donald Trump trade comments November 20, 2019 European stock markets have fallen today following President Donald Trump’s threat to raise tariffs on Chinese goods if no deal can be reached between the two sides, with the FTSE 100 leading the bunch downwards. The FTSE 100 was down 1.09 per cent by 12.45pm UK time. In Germany, the Dax index was 0.70 per [...]
Upper Crust owner SSP announces £100m share buyback November 20, 2019 Upper Crust owner SSP Group this morning announced plans to buy back £100m of shares as it reported sales grew this year due to an increase in air and rail passengers. The figures SSP Group, which has around 2,800 outlets at global transport hubs, said like for like sales were up 1.9 per cent due [...]
Aston Martin reveals move into SUV market with critical DBX model November 20, 2019 Aston Martin has lifted the bonnet on its long-awaited DBX sports utility vehicle (SUV), as the luxury car maker fights to get back on track after a massive devaluation in its market value after its 2018 stock market float. The car, valued at £158,000 at list prices, is the company’s first foray into the SUV [...]
FTSE 100 rallies on trader optimism over US-China deal November 19, 2019 European stock markets rallied this morning as investors reacted well to news from the US-China trade talks. Britain’s FTSE 100 was 1.21 per cent higher at midday, while the German Dax had risen 1.01 per cent. The pan-European Euronext 100 was 0.27 per cent higher. Read more: Donald Trump defends China trade war but says [...]