Caspar Fownes can expect to be Proud of his Dragon September 15, 2023 IT HASN’T been easy for bettors in the first week of the new Hong Kong racing season, with only three market leaders obliging in 18 races, and a few long odds-on shots vanquished along the way. With weather conditions still unpredictable and showers forecast again over the weekend, patience is going to be a key [...]
FTSE 100 live: London rallies as Arm soars on US debut and Warhammer maker’s share price rises September 15, 2023 London’s FTSE 100 enjoyed a strong end to the week, as the global stocks rally continued with a stable showing from Wall Street and an improvement in China. The capital’s premier bluechip index ended the day well at over 7,30 points, more than 0.6 per cent up, having reached a high of 0.89 per cent [...]
Landlords in wealthy London boroughs feel the pinch as Chinese students ditch UK September 13, 2023 Landlords in wealthy London boroughs are feeling the pinch from international students choosing to study outside the UK, as rents in premium postcodes showed signs of slowing. The average rental value growth in prime central London (PCL) – which includes the likes of Chelsea and Kensington – fell to 12.4 per in the year to [...]
Apple reveals iPhone 15 amid stock price struggles September 12, 2023 Apple is trying to clamber back from a share price topple last week and grapple with falling global phone demand with the reveal of its latest innovations in California.
Lime watching IPO market ‘very, very closely’ as operator reports record results September 12, 2023 The CEO of e-scooter giant Lime has said the company is watching the IPO market “very, very closely” ahead of a potential listing next year or the year after. Speaking to City A.M. Lime boss Wayne Ting said “what we want to see is tech IPOs happening and going successfully, and there’s great investor interest [...]
IQE: ‘Weak’ global demand hits chipmaker’s bottom line September 12, 2023 IQE are delivering their wireless products to Chinese Wi-Fi suppliers to tap into growing smartphone markets in China and India.
Germany: EU’s largest economy faces ‘big deterioration’ – and risks slipping back into recession September 11, 2023 It was not long ago that Germany was driving growth in the bloc. Now it is being labelled the 'sick man of Europe'. Where did it all go wrong?
FTSE 100 close: London markets given a lift as hopes rise for Chinese recovery September 11, 2023 A return to inflation will be welcomed by policymakers in the Chinese communist party, who are attempting to reignite growth in China's stumbling economy.
The Notebook: Charles Tyrwhitt boss on how the ‘tourist tax’ is hurting London September 11, 2023 Where the City’s movers and shakers get a few things off their chest. Today, it’s Nicholas Wheeler, founder of tailored shirts specialist Charles Tyrwhitt.
Vodafone boss: Social media’s a good thing – it tells us what’s happening September 11, 2023 Vodafone's UK boss on immediate feedback, the merger with Three, and his cycling summer holiday