Currently, Melrose is the only bidder to have made a firm offer for the FTSE 100-listed GKN, even though others which include Carlyle, a private equity house are understood to be keeping a close eye on the developments. Melrose has a record of turning …
The FTSE 100 utility has around 71 percent of its customers on SVTs, the highest percentage of any supplier. Big Six suppliers have argued against the said proposals, which would affect their revenues, insisting that the market has become more competit…
“The current strength in the commodity complex might actually drive the FTSE 100 to overcome the traditional negative correlation between United Kingdom large caps and cable (GBP/USD), in our view”, said Edmund Shing, head of equity derivatives strategy at BNP Paribas. Gross domestic product …
It comes after a report traces links between a company, millions of bots and various celebrities.
One FTSE 100 chairman said there was a worrying lack of basic information from government on Brexit: “Now we’re in January there is silence. There is nothing but a vacuum.” The CBI employers’ organisation this week added its voice to the call for more direction from the government, ideally via a …
The government has intensified its focus on a hostile £7.4bn bid for one of the UK’s largest automotive and aerospace components manufacturers, Worcestershire-based GKN. Though no official investigation has been launched, City A.M. understands that GKN’s chairman Mike Turner has been …
When people ask how much money they can make from day trading? Honestly, it is hard to answer. Because, there really no limit. Think of compound interest. If you understand compound interest and how to earn it, you will become wealthy. If you don’t understand, you will end up paying to big banks in the form of mortgages and consumer credit In addition to compound interest, […]
By the morning of Tuesday, January 9, the FTSE 100 in the UK surpassed 7,700. Exports are up, interest rates are low and the Brexit train looks to be on track and steaming ahead. The Cirencester office has received serious enquiries from a broad cross-…
What exactly is forex? For many first time traders, forex market can seem confusing. Simply forex refers to fx, to foreign exchange market. It is a place where currencies are traded. How exactly does forex work? When you trade forex, you buy one currency and sell another. You always buy and sell at the same time. That is why currencies are always quoted […]
A rising number of bosses across some of Britain’s biggest companies are signing up to an initiative seeking to bolster female representation in their senior leadership teams. The 30% Club said today that since it wrote to FTSE 350 chief executives in August urging them to set a target of 30 per cent …
Venezuela’s Supreme Court (TSJ) ordered the National Electoral Council (CNE) to prevent the Democratic Unity Roundtable (MUD) from renewing and validating its registry as a political movement enabled to take part in the next electoral process. The MUD…
Second-layer solutions like RSK may ultimately improve the bitcoin and cryptocurrency ecosystem for the better.
Every year in Davos, there is a lunch organised by the CBI at which the keynote speech is invariably given by one of the senior government ministers in town. The guest list includes the bosses of a good cross-section of FTSE 100 companies as well as re…
Mexico’s trade balance posted a US$ 157 million deficit in December, according to the country’s statistics office. A year earlier, the Mexican trade balance had a US$ 11 million deficit.
In December, Mexico’s exports rose 7.9%, reaching US$ 35.825 bi…
The Brazilian government tax revenue in 2017 increased by 0.59% from a year earlier, to R$ 1.342 trillion (US$ 426.7 billion), said the country’s revenue service. That was the best result since 2015. The results are adjusted for inflation.
In Decembe…
The Brazilian current account surplus fell 44.8% from a year before, to US$ 5.093 billion, according to data released by the country’s central bank. The surplus was reached despite the US$ 7.455 billion deficit recorded in December, from a US$ 306 mil…
Today, I’m interested in looking at FTSE 100 stocks that currently yield over 5%. Are there any big dividend opportunities on offer right now? Let’s screen the market to find out. I use Stockopedia’s screen function, which uses ‘rolling’ data. This combines past data and estimated forward data to enable a …
After a recent look, we have noticed that the Chaikin Oscillator is under zero for DB X-Trackers Dbxt Ftse100 [Dir (XDUK.L). Traders may be paying close attention to the stock and looking out for possible bearish momentum. The Relative Strength Index (…
At the time of writing, the 14-day ADX for DB X-Trackers Dbx FTSE 100 ETF (XUKX.L) is 28.00. Many technical chart analysts believe that an ADX value over 25 would suggest a strong trend. A reading under 20 would indicate no trend, and a reading from 20…
The NAO will examine why Virgin and Stagecoach were able to hand back the franchise early.
The FTSE 100 has broken out of a two-day long losing streak, with the FTSE 250 also enjoying modest gains. The markets turned around thanks to some better than expected UK growth data at the end of the week, which helped to improve the mood, and keep t…
The billionaire Swede Ingvar Kamprad founded the pioneering furniture retailer at the age of 17.
Parseq’s growing client roster includes FTSE 100 financial services companies, big six energy providers and a number of local authorities. Craig Naylor-Smith, managing director of Parseq’s finance and administration division, said: “It’s fantastic to start the year on such a high note. The investments …
Reflecting tough conditions on the UK high street, Marks & Spencer Group (LSE: MKS) can be picked up for next-to-nothing right now. At current prices around 310p per share the FTSE 100 giant trades on a forward P/E ratio of 11.4 times, just a whisk…
Those seeking blue-chip shares with exceptional dividend prospects could do a lot worse than medicines mammoth GlaxoSmithKline (LSE: GSK) today. The last time I wrote about the FTSE 100 giant in November, I lauded the exceptional earnings outlook that …
Tokyo-based digital currency exchange Coincheck says it will reimburse some 260,000 victims of theft.
The 14-day ADX for DB X-Trackers Dbxt Ftse100 [Dir (XDUK.L) is currently at 25.73. In general, and ADX value from 0-25 would represent an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would signify a very strong …
The surge is expected to have lifted Shell’s earnings from $7.2bn to $15.7bn last year, according to a consensus of analysts’ forecasts published ahead of this week’s results. The Anglo-Dutch giant has been cutting costs and reducing debt levels after its 2015 takeover of smaller FTSE 100 rival BG.
Rio Tinto is facing renewed questions over its decision to open a $12bn (£8.5bn) mine in the middle of the Gobi desert. Jean-Sébastien Jacques, Rio’s chief executive, flew to Mongolia last week for talks with the government amid escalating tension between the two sides. Earlier this month, Rio had to …
Royal Dutch Shell is forecast to have doubled its annual profits thanks to a resurgent oil price. Brent crude has soared by 55% since June to more than $70 a barrel last week — a level not seen since the 2014 crash. The surge is expected to have lifted Shell’s earnings from $7.2bn to $15.7bn last year, …
