FTSE 100 Records Best Month In 30 years During November
Thanks to Covid vaccine hopes, the FTSE 100 has enjoyed its best month since 1989, surging by 12.4%. Optimism for an economic recovery after pharmaceutical …
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Huawei Early Ban Surprises Telecoms Industry
After much political wrangling, the UK government has ordered telecoms providers to stop installing Huawei equipment in the 5G mobile network, with an earlier deadline …
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Investment Scams Quadruple With Covid Frauds
The coronavirus pandemic has led to a troubling increase in criminal activity, with the number of investment scams quadrupling since March of this year. £10m …
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Go Compare Takeover Leaves Shareholders Scratching Their Heads
Over £300 million was wiped off the stock market value of Future after the company made an unexpected offer to purchase the owner of GoCompare, …
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AA Set For Takeover At A Big Drop From 2014 Float Price
Breakdown and roadside recovery service, the AA, looks like it’s heading for a takeover that will value the company at just 14 per cent of …
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WeWork Slashes Jobs After Floatation Plans Collapse
WeWork, the troubled unicorn company from the iconic Silicon Valley, has cut over 2,000 jobs globally from their staff in an extreme cost-cutting measure designed …
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What Impact Will The Deutsche Bank Restructure Have On The Global Banking Sector?
On July 8, 2019, Deutsche Bank, based in Frankfurt, announced its intention to lay off 18,000 employees in banking and investment. The workforce reduction began …
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FTSE 100 Closes June In The Red
Global financial news witnessed the FTSE 100 index closing in the red at the end of June. Many investors believe that the ongoing tensions caused …
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OPEC Keeps Oil Output Steady With Prices Set To Rise
Saudi Arabia, Russia, and OPEC have all refused to increase oil production, despite calls from U.S. President Donald Trump to do so. This has led …
March Cryptocurrency markets
There has been a sharp dive in the value of all cryptocurrencies recently. Hacking attacks and lack of political backing in cyber currency have been …