Thinking about trading? 5 things you should know – How do you become a good trader? September 14, 2020 | Sponsored Entering the world of trading can at times seem daunting. Understanding the language, learning new technical skills, trusting yourself with your hard-earned money. The considerations one has to make to execute a trade put many off ever bothering. But with the right guidance, advice, and counsel, making that first trade needn’t be a shot in [...]
Oil prices falter for second successive week as stockpiles rise September 12, 2020 Oil prices fell to their second straight weekly loss on Friday as stockpiles around the globe continued to rise amid a lack of demand. Brent crude oil prices fell around six per cent a barrel for the week as sluggish demand remains some way off pre-coronavirus levels. The decline seen so far this month continued [...]
FTSE 100 and US stocks tentatively climb after rough week September 11, 2020 The FTSE 100 headed towards the end of the week slightly higher and US stocks recovered some ground after another sell-off yesterday. London’s blue-chip index was up 0.2 per cent at 6,015 points in afternoon trading as official data showed the UK economy grew seven per cent in July. The FTSE 250 of mid-cap firms [...]
Six reasons why automation is poised to accelerate September 11, 2020 | City Talk Automation has long been a feature of the manufacturing sector, as companies seek to improve productivity and make high quality goods to a specific standard. But we think the level of automation is set for a sharp increase as innovation sparks a new smart manufacturing revolution. In the short term, the Covid-19 pandemic has brought [...]
FTSE 100 edges into the green as Wall Street opens higher on tech bounce September 10, 2020 The FTSE 100 edged into the green as US stocks opened higher as a bounce in tech stocks overshadowed the high number of jobless claims. London’s blue-chip index climbed 0.19 per cent after spending most of the session in the red in anticipation of the ECB’s rates decision. The FTSE 250 of smaller-cap firms rose [...]
BP takes first step into offshore wind with $1.1bn Equinor deal September 10, 2020 BP will make its first foray into offshore wind power after it today announced a $1.1bn (£845m) deal with Norwegian energy giant Equinor to buy 50 per cent of its US offshore operations. The acquisition is the latest step in the oil giant’s push into becoming a “integrated energy company”. It plans to develop 50 [...]
Signs of a positive Q4 despite lingering crisis September 9, 2020 | Sponsored Going into Q4 2020, we’re seeing EMEA starting to peek its head over the crest of the global pandemic. The just-released SS&C Intralinks Deal Flow Predictor for Q4 2020 forecasts that M&A announcements may see a YOY uptick of +6 percent, within a range of +15 percent to -2 percent. Distressed M&A deals have risen slightly here, but [...]
FTSE 100 and US stocks climb as investors regain poise September 9, 2020 The FTSE 100 and US stocks have risen after a bloodbath on global markets yesterday saw big tech names plunge. London’s blue-chip index rose 1.3 per cent to 6,009 points in afternoon trading. The FTSE 250 – the 100’s little brother – fell 0.2 per cent, however. Read more: Tesla shares set for worst day [...]
Future of Rio Tinto boss in doubt after Aboriginal cave destruction September 9, 2020 The future of Rio Tinto chief executive Jean-Sebastien Jacques is under intense scrutiny after reports that the firm’s board will discuss his tenure at a meeting this week. The FTSE 100 company is under pressure from investors to give executives additional penalties for the destruction of Aboriginal heritage sites in Australia. According to Bloomberg, the [...]
Tullow Oil falls to $1.3bn loss after massive oil price writedown September 9, 2020 Tullow Oil fell to a $1.3bn loss in the first half of the year after it was forced to write down $1.4bn due to a lowering of its price outlook. With a mounting debt pile, the oil exploratory firm said that it was in the process of evaluating refinancing options, with a capital markets day [...]
