London’s FTSE indexes struggled for direction on Monday morning as lingering concerns over the persistence of inflation dampened market sentiment. The FTSE 100 dipped 0.06 per cent to trade at …
Investing
Polymetal looks to sell-up and quit Russia over nationalisation fears
Anglo-Russian miner Polymetal has today said it will hold a vote imminently on a £2.8bn purchase offer that would see it exit its Russia business. The firm said in a …
Elliott mulls new higher offer for Currys after initial £700m bid rejected
Elliott Investment Management confirmed it is considering a possible cash offer for Currys after the electrical retailer rejected its initial £700m bid over the weekend. In an update this morning, …
Consumers shopping for insurance deals help Moneysupermarket to record revenue
A booming market for customers looking for deals on car and home insurance helped Moneysupermarket notch record revenue in 2023. The price comparison website posted revenue of £432.1m in the …
Astrazeneca: Tagrisso drug shows ‘highly impactful’ results in lung cancer trial
Astrazeneca has received positive test results from one of its leading medicines in a trial to test its efficacy against a form of lung cancer. In a statement to the …
Anglo American’s platinum mining firm to cut 3,700 jobs after profit nosedive
Anglo American’s Platinum mining arm AmPlats has reported a huge profit crash that will likely result in thousands of job cuts. In its 2023 results today, the platinum metal firm …
Unite inks £250m deal with Newcastle Uni as demand for student beds booms
London-listed student accommodation provider Unite has entered into a joint venture with Newcastle University for the development of 2,000 new student beds. In an update this morning, Unite said its …
Coinbase is flying despite regulatory attacks
Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets In Coinbase’s …
Tech darling Nvidia’s earnings a litmus test for AI-driven market frenzy
In the realm of technology and finance, all eyes are currently fixed on Nvidia’s earnings reports scheduled for release on Wednesday, February 21st. This is anticipated to serve as a …
FTSE 100 today: London markets prepare for quiet start amid thin U.S. holiday trading
Moving Markets Today: Asia Shares Falter, China Sees Modest Gains; Oil Dips in Thin U.S. Holiday Trade; China Central Bank Holds Key Rate; Nvidia’s Earnings in Spotlight The week began …