Moving markets: Five things shaping the FTSE 100 today January 31, 2024 Asia markets mirror Wall Street's decline; most AI stocks, including Microsoft, Alphabet, and AMD, tumble; China's January factory activity contracts; attention shifts to Fed and BOE policy meetings.
China’s January factory activity contracts again, dimming economic recovery prospects January 31, 2024 China's manufacturing sector, while showing slight improvement in January, sustained its fourth consecutive month of contraction despite government efforts to boost growth and weak demand, clouding the country's economic recovery outlook.
Mortgage approvals hit six month high in fresh boost for house buyers January 30, 2024 Mortgage approvals rose again last month and climbed to the highest level in six months, in the latest signal that lower borrowing costs are helping aid recovery in the property market. New figures from the Bank of England show the number of buyers receiving a green light grew from 49,300 in November to 50,500 in [...]
With failure came great success, says Carmoola founder and CEO January 30, 2024 Aidan Rushby can still remember the guilt he felt the day he told investors he was no longer in it for the long run. Carefully drafting a letter to shareholders, he recalled telling himself: “You have to be honest.” Now proud co-founder and chief executive of the used car finance mobile app, Carmoola, Rushby believes [...]
Moving markets: Five things shaping the FTSE 100 today January 30, 2024 Asian stocks stand firm in the wake of Wall Street's record highs, while oil prices surge amidst escalating Middle East tensions, shifting investor attention towards the Federal Reserve, Bank of England, and Q4 tech earnings.
Superdry restructure could mean store closures and job losses January 29, 2024 Embattled British retailer Superdry is plotting a major restructuring which could see stores closed and jobs cuts after reporting weak sales.
Evergrande: Hong Kong court orders China property developer to liquidate January 29, 2024 A Hong Kong court on Monday ordered property developer China Evergrande Group to liquidate after it was unable to reach a restructuring deal with creditors. Judge Linda Chan said it was appropriate for the court to order Evergrande to wind up its business given a “lack of progress on the part of the company putting [...]
London house prices: Best time to buy since 2016, experts say, but it won’t last January 29, 2024 House prices in London are more affordable but the capital has been warned not to “get carried away” amid a frenzy of mortgage rates cuts.
Moving markets: Five things shaping the FTSE 100 today January 29, 2024 Asia markets soar, oil prices rally amidst Middle East tensions; three U.S. soldiers killed in Jordan. Investors eye U.S. Fed, BOE policy decisions and 'FAAMG' earnings.
Why a ski holiday in Italy offers unmatched hospitality January 28, 2024 Celebrating 100 years of glamour in the Dolomites