NewsGold Rises Above $1345 Level In Fresh Session Tops
Gold prices spiked higher in the early European Tuesday session to gain record session highs, edging towards $1350. A couple of factors influenced the commodity’s recovery of some positive traction on Tuesday and helped to build on the rebound in the previous session from an intraday low of $1333. The US Dollar fell under some […]Trouble For Boots Signals Trend In The UK Retail Market
The prominent Boots UK has recently announced that it is in trouble. On May 28, 2019, the beauty and health retailer hinted at the possible closure of approximately 200 stores all over the UK. Considering that it has almost 2500 stores in the region, 200 is a significant figure, and it is not something to […]Uber – The Long Journey Or A Dead End?
Since a disappointing flotation in early May, the ride sharing firm Uber has just posted a £790m loss as it released its first trading figures. Whilst Uber can boast a 20% rise in revenue and a significant rise in monthly active users to 93 million, its shares have sunk by almost 11% since May 10th. […]The Lendy Collapse: The Future Of Peer To Peer Lending
After months of uncertainty, Lendy finally collapsed at the end of May. Indeed, the court ruled that the British lending company has to go into administration as of 24 May 2019. The Financial Conduct Authority (FCA) placed the company under investigation in early 2019, a move that has culminated in its recent downfall. Lendy’s failures […]What Does The Future Hold For Huawei?
It seemed as though Huawei were building an unstoppable momentum when it came to the western phone market. Competing with their Asian rivals (Samsung and Sony) was tough, but their phones were becoming more common. However, security concerns have caused their share price to plummet from nearly 13 Chinese Yuan down to around 3.5. Security […]Watches Of Switzerland Eyes Stock Market Listing
The UK’s largest seller and distributor of iconic luxury watch brand Rolex are currently working on plans to float on the stock market and open up the company for new investors. Float Value Watches of Switzerland, a luxury retail group specialising in highly priced but expertly made watches, are seeking advice and actively working towards […]UK Economy Grows By 0.5% For First Quarter Of 2019
The UK economy showed promising signs of picking up for the first quarter of 2019; however, it has been noted that much of the growth was down to the stockpiling of goods prior to Brexit due to fears that delays would be experienced at borders. About This UK Economic Growth Economic growth for the final […]US Threatens To Destabilise The Dollar In US-China Trade Dispute
US President Donald Trump has once again threatened to increase sanctions on China and raise tariffs on $200bn worth of Chinese products, causing the dollar to plummet on the markets. Bad Deal The President, who is known for his rhetoric against China and claims that the country is doing ‘a bad deal’ for the United […]Google Sees Value Slide
Market figures have not been kind to Google this week as the tech giant was dealt a devastating blow to its shares last night. The Silicon Valley mainstay saw its share prices plummet on Tuesday’s opening day, wiping around $70bn (£54bn) from the company’s market value, its biggest fall in nearly seven years. Flat Sales […]Vegan ‘Unicorn’ Company Beyond Meat Prepares For Stock Market Triumph
With ‘unicorn’ companies Uber, Pinterest and Airbnb all preparing to flood their companies with some much-needed cash, yet another high-profile business – Beyond Meat – is preparing to float on the stock market. Beyond Meat Beyond Meat, the vegan food company which went viral last year for creating the ‘Impossible Burger’ – a meatless classic […]Older Posts