Companies raise record $400bn in first weeks of 2021 January 26, 2021 Companies have raised some $400bn in the first three weeks of 2021, marking the biggest haul of the past two decades for the comparable period. The buying frenzy is around $170bn above the average for this time of year, the Financial Times reported, citing Refinitiv data, and is a result of global government and central [...]
S&P 500 reaches record high while FTSE gains despite dire unemployment figures January 26, 2021 The S&P 500 reached record highs on Tuesday ahead of a packed day of earnings, while the FTSE 100 recovered some of Monday’s losses despite a dire set of unemployment figures. London’s blue-chip index opened flat before rising 0.4 per cent higher to reach 6,666 points by mid-afternoon, while the benchmark S&P inched 0.1 per [...]
FTSE 100 closes at three-week low as ministers mull hotel quarantine for arrivals January 25, 2021 FTSE 100 closes at three-week low as ministers mull hotel quarantine for arrivals
Octopus outfoxed: Challenger brand tops Which? energy survey January 25, 2021 A small provider has ended Octopus’ two year reign at the top of Which’s annual survey of energy companies. Outfox the Market, which was only founded in 2017, rose from 19th in the table last year to top the rankings in Which’s energy satisfaction survey. The small energy provider frequently offers some of the cheapest [...]
Before the Bell: Europe to open higher as US fiscal talks get underway January 25, 2021 While US markets continued to set new records last week, European markets traded in a more lacklustre fashion as the early year optimism of the first week of 2021, gave way to a lot more caution, as a rise in short-term economic pessimism and the prospect of tighter lockdown restrictions for longer raise the prospect [...]
Oil price slips on growing Covid-19 restrictions in China January 22, 2021 Oil prices fell today, weighed down by a build in US crude inventories and worries that new pandemic restrictions in China will curb fuel demand in the world's biggest oil importer
FTSE 100 sinks as Biden rally runs out of steam January 21, 2021 The FTSE 100 slid today as markets around the world stepped back from new highs after a brief rally on Joe Biden’s swearing in as the 46th President of the United States. After a late surge saw it pick up 0.4 per cent yesterday, London’s leading index gained 0.2 per cent this morning to hit [...]
Pound sterling at highest point against the US dollar in 2.5 years January 21, 2021 Pound sterling at highest point against the US dollar in 2.5 years
IG Group set to buy US broker Tastytrade in $1bn deal January 21, 2021 IG Group is set to buy US online trader Tastytrade in a $1bn cash and shares deal as it continues to dip its toes in the US market. It marks the London-listed firm’s biggest ever acquisition with Tastytrade shareholders set to receive $300m in cash and 61m IG shares valued at $700m. The acquisition will [...]
AJ Bell doubles net inflows as customers flock to its plaform January 21, 2021 AJ Bell doubled its net inflows in the first quarter as it continued to attract new customers to its platform. In a trading update the investment platform said total net inflows in the first quarter reached £1.6bn, double the level reported in the same period last year. Shares in the investment platofrm dipped 0.86 per [...]
