After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Inflation comes in below expectations at four per cent thanks to falling food prices February 14, 2024 Markets expect the Bank of England to start cutting interest rates in June with three rate cuts expected over the course of the year.
There’s a solution to dire public services: make our public sector more productive February 14, 2024 If productivity can be raised, more services can be provided to the public for any given level of spending, writes Paul Ormerod
Could ETFs drive the market and signal the end of the bear run? February 14, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets These are the kind of days that make it fun to be in crypto. As Bitcoin shot through the $50,000 price level, the whole market followed suit. [...]
FTSE 100 today: London markets likely to open in the red amid global market rout February 14, 2024 Asian stocks fell in response to a Wall Street sell-off, while the U.S. dollar remained near three-month highs. Oil prices dropped, and Lyft shares retreated after a 60% surge. Investors are closely monitoring the UK CPI and Q4 euro area GDP.
Lyft soars (briefly) after accidentally misstating forward revenues by, err, 10 times February 14, 2024 Lyft's stock surged over 15% in extended trading as the ride-sharing company projected achieving positive free cash flow for the year. However, enthusiasm waned after Lyft disclosed an error in its press release, injecting drama.
FTSE 100: London markets hit by interest rate cut worries as Tui takes flight February 13, 2024 The daily London update: Moving news from the FTSE 100 and around the world from City A.M.'s newsroom in the heart of the Square Mile.
Marks and Spencer Oxford Street row: Court told Michael Gove ‘misunderstood and misapplied’ planning policy February 13, 2024 The Secretary of State for levelling up “misunderstood and misapplied” planning policy when it rejected Marks and Spencer Oxford Street demolition scheme, a judge heard. Today, the High Court heard a judicial review by Marks and Spencer over the Secretary of State for levelling up , Michael Gove MP, decision to refuse planning permission for [...]
Hogan Lovells: US-UK law firm’s revenue jumps 10 per cent and surpasses £2bn February 13, 2024 American-British law firm Hogan Lovells global revenue has jumped nearly 10 per cent over the last financial year, which sees the firm surpassing £2bn for the first time. Over 2023, the firm generated £2.15bn in revenue, which was up from the £1.97bn it posted over the previous year. In terms of its practices, its corporate [...]
Shift: The Yodel deal orchestrator backed by Sir Andy Murray and the Duke of Norfolk February 13, 2024 All you need to know about Yodel's new owner which is backed by Sir Andy Murray and the Duke of Norfolk.
FCA bans London Capital & Finance boss over scandal which lost investors more than £200m February 13, 2024 The Financial Conduct Authority has fined and banned one of the former bosses of London Capital & Finance today over his role in the mini-bond scandal that left investors millions of pounds out of pocket.