PM Scott Morrison concedes defeat in Australian election

Australia’s prime minister has conceded defeat after an election that could deliver a minority government. Prime Minister Scott Morrison acted quickly after Saturday’s election despite millions of votes yet to be counted because an Australian prime minister must attend a Tokyo summit on Tuesday with US, Japanese and Indian leaders. …

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Marshall Wace emerges with a £100m bet against Tesco

Mayfair-based hedge fund Marshall Wace emerges with a £100m bet against Tesco, Britain’s biggest supermarket By Francesca Washtell, Financial Mail On Sunday Published: 16:50 EDT, 21 May 2022 | Updated: 17:43 EDT, 21 May 2022 Mayfair-based hedge fund Marshall Wace has emerged with a £100million bet against Tesco, Britain’s biggest …

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Royal Mail (OTCMKTS:ROYMY) Price Target Cut to GBX 240

Royal Mail (OTCMKTS:ROYMY – Get Rating) had its price objective cut by analysts at Deutsche Bank Aktiengesellschaft from GBX 275 ($3.39) to GBX 240 ($2.96) in a report issued on Friday, The Fly reports. ROYMY has been the subject of several other research reports. UBS Group decreased their price target …

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What is Value Investing? Investing Explained

INVESTING EXPLAINED: What you need to know about value investing and the hunt for bargain shares By Daily Mail City & Finance Reporter Published: 16:50 EDT, 20 May 2022 | Updated: 03:40 EDT, 21 May 2022 In this series, we bust the jargon and explain a popular investing term or …

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