UK’s FTSE 100 fell on Tuesday, tracking a sour global mood with energy stocks leading declines and shares of British utilities slumped after a media report fuelled speculation of a windfall tax. The benchmark FTSE 100 fell 0.4% with oil majors Shell and BP among top drags, while the …
Read More »Global gloom hits UK stocks, Royal Mail slides on broker downgrade
UK’s FTSE 100 slipped on Tuesday as the global mood soured due to bleak results from social media firm Snap Inc, while shares in Royal Mail slid after a brokerage downgraded the postal company. The blue-chip FTSE 100 fell 0.9% by 0712 GMT, while the midcap FTSE 250 index also …
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 »Arrival to list on New York stock exchange amid surging investor interest in EVs
The move will help finance mass production of Arrival’s electric bus and van The move will provide around half a billion pounds in cash proceeds for the EV innovator, helping fund mass production at its microfactories planned to begin next year UK electric vehicle (EV) start-up Arrival announced this week …
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