World Posted British Prime Minister Boris Johnson offered his “heartfelt apologies” on Wednesday for attending a “bring your own booze” gathering at his official residence during the country’s first coronavirus lockdown as opponents said he must resign. Olivia Chan reports. Source link
Read More »UK’s Johnson apologizes for lockdown party
Reuters Now Posted British Prime Minister Boris Johnson offered his “heartfelt apologies” on Wednesday for attending a “bring your own booze” gathering at his official residence during the country’s first coronavirus lockdown as opponents said he must resign. Source link
Read More »Shares, oil and the pound all lose out as Omicron fears hit the City
In London the FTSE 100 tumbled more than 2%, off 163 points at 7106 as unease gripped the City. At one point, just three shares in the main index were showing gains – Royal Mail, Ocado and Polymetal – a precious metal business favoured by gold speculators. The biggest fallers …
Read More »Aim stocks let investors down this year – knowing the rules is vital to saving inheritance tax
Chris Boxall, of Fundamental, said despite the disappointing figures, investors have made decent returns from some risky companies. He said: “It’s noticeable that all the top performers are early-stage companies which are not yet revenue generating and come from either the resources or life sciences sectors. “We are generally reluctant …
Read More »FTSE 100 Live 22 November: Oil prices fall, energy market, Europe Covid-19 restrictions, Europe shares, strategic oil reserves, KKR Telecom Italia
A $12 billion takeover move in the telecoms sector ensured European markets traded higher today, despite continued worries over the recent surge in Covid-19 cases on the continent. Buy-out group KKR’s interest in Telecom Italia ignited other shares in the sector, with BT and Vodafone among the London-listed stocks trading …
Read More »Britain’s Reopening Is a Boon for Outperforming Small-Cap Funds
Pedestrians and shoppers walk along Regent Street in London, on April 12. Photographer: Jason Alden/Bloomberg Photographer: Jason Alden/Bloomberg As London’s shops and pub gardens reopen for the first weekend in three months, funds targeting smaller U.K. companies are among the best performers in Europe thanks to a rally in domestic …
Read More »Royal Mail Raises 2020 Forecast on Revenue Boost From Letter-Volume Recovery
A postal worker for Royal Mail Plc empties a postbox in Manchester. Photographer: Paul Thomas/Bloomberg Photographer: Paul Thomas/Bloomberg Royal Mail Plc raised its profit expectations for this year due to a pick-up in letter volumes, a weak spot in the company’s turnaround. The shares jumped after the company said that …
Read More »ASX set to rise as GameStop shares surge again in the US, Nasdaq slumps
The Australian share market is set to continue its positive trend this week. At 7:45am AEDT, ASX futures were up 0.7 per cent to 6,781. The benchmark local ASX 200 index closed 0.4 per cent higher on Monday after being up by as much as 1.8 per cent earlier in …
Read More »Workhorse Slammed After Missing Out on Postal Truck Contract
Shares of Workhorse Group (WKHS) – Get Report fell sharply Tuesday after the postal service awarded a potentially huge contract to build new delivery trucks to rival Oshkosh (OSK) – Get Report. Workhorse shares fell $14.88, or 47%, to $16.47 in the regular session. It continued to fall in after-hours …
Read More »Italy May Follow U.K.’s Example on Mass Vaccination: La Stampa
Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. Italian Prime Minister Mario Draghi’s administration is about to accelerate Italy’s Covid-19 vaccination program, taking inspiration from the U.K. campaign, in an effort to …
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