FTSE 100 breaks another post-lockdown record by breaching 7,600 mark January 17, 2022 London’s premier index smashed another post-lockdown record yesterday in a sign investors are looking through the Covid-19 crisis. The FTSE 100 closed 0.91 per cent higher yesterday, breaching the 7,600 mark for the first time since January 2020. Sentiment was boosted by international investors waking up to the fact that large swathes of companies listed [...]
Bankers prepare £25bn package as private equity firms circle GSK January 17, 2022 Bankers are putting together major financing packages in preparation of a potential private equity bid for GlaxoSmithKline’s consumer healthcare business.
Russia pushes the West to hurry up with Nord Stream 2 pipeline approval January 17, 2022 The Kremlin has the West to not drag its feet with the certification process for the Nord Stream 2 gas pipeline.
Digital M&A activity raised record $87bn in 2021, says Ciesco January 17, 2022 Deal making activity in the technology, digital, media and marketing sectors jumped 56 per cent to $87bn in 2021 according to new data.
Gold glints with opportunity as Federal Reserve mulls interest rate hike to combat rising inflation January 17, 2022 Impending increases in US interest rates could power gold’s performance over the coming weeks according to market analysts, with prices currently treading water at just over $1,820 per ounce.
What should you look out for ahead of Q4 US earnings season? January 17, 2022 | City Talk US reporting season US earnings season started the week beginning the 10th of January, 2022 and will stretch until the middle of February. What are profits looking like? The S&P 500 is tipped by analysts to deliver another robust quarter of earnings growth. According to financial data company FactSet, the market ought to deliver earnings growth of [...]
How could you invest to beat inflation? January 17, 2022 | City Talk With rising inflation, many are starting to see how investing their money can lead to better returns. On New Year’s Day, many kickstart January with a New Year’s resolution. Some give up chocolate, while others exercise more. A few take up a new hobby. But a handful resolve to spend less and save more money. [...]
Cornwall Insights criticises consumer price cap in wider call for long-term energy market reforms January 17, 2022 Cornwall Insight's chief executive has criticised the consumer price cap, as he publicly calls for reforms to the energy sector to address the current crisis.
China economy whacked by Omicron curbs and stalling property sector January 17, 2022 China’s economy is growing at the slowest pace in a year and a half as the world’s second largest economy contends with a concoction of headwinds, revealed official figures released today. Gross domestic product (GDP) jumped four per cent over the three months to December compared to the same period last year, the National Bureau [...]
Scotland boosts renewable goals with £700m auction for offshore wind projects January 17, 2022 ScotWind has raised hundreds of millions from an auction of seabed plots for offshore wind projects, boosting its net zero ambitions.