Latest News
Unlocking the Investment Wisdom of Li Lu: The Chinese Warren Buffett
In the world of finance, certain names shine brightly, while others remain shrouded in relative obscurity. Li Lu, a name perhaps unfamiliar to many in Spain, is a celebrated figure in the world of investment, often referred to as the 'Chinese Warren Buffett. ' This article will delve into the remarkable journey and investment philosophy of Li Lu.
Europe midday: Markets rally on EZ CPI data; Eyes on Fed
European markets rallied at midday on Tuesday as eurozone inflation unexpectedly slowed, boosting sentiment, while investors turned their attention to the start of the US Federal Reserve’s two-day monetary policy meeting.
US pre-open: Futures flat as eyes turn to FOMC meeting
US stock markets were struggling for direction in Tuesday pre-market trade, as investors showed their nerves ahead of a crucial Federal Open Market Committee (FOMC) meeting.
London midday: Markets "calm" ahead of Fed and BoE meetings
London's FTSE 100 was more or less unchanged on Tuesday as investors chose to keep their powder dry ahead of what's set to be an important week for monetary policy in the UK and US.
Europe open: Shares tread water as investors eye Fed on rates
European markets were flat at the open on Tuesday as investors turned their attention to the start of the US Federal Reserve’s two-day monetary policy meeting.
Cryptocurrency Market Volatility: How To Keep Your Assets Safe In 2023?
The crypto market has gained a reputation for its unpredictable price fluctuations throughout the years: this volatility arises from an interplay of factors.
Renishaw revenue rises but full-year profit slips
Engineering company Renishaw said in its final results on Tuesday that despite facing challenging trading conditions, revenue rose to £688. 6m from £671. 1m year-on-year.
Asia report: Markets mixed as investors digest RBA minutes
Asia-Pacific markets delivered mixed results on Tuesday, with investors keenly assessing minutes from the Reserve Bank of Australia's September policy meeting.
British Land upgrades guidance on retail park assets
British Land upgraded its guidance for its retail park assets on Tuesday, which it said had gained favour among a broad spectrum of customers, primarily for their affordability, convenience, and adaptability with omnichannel retailing.
Eurozone inflation revised down to 5.2% in August
Inflation in the Eurozone unexpectedly slowed last month, as Eurostat revised down earlier 'flash' estimates for August on Tuesday.
Bitcoin regains optimism on expectations of a more dovish Fed
Cryptocurrencies continue to advance. Bitcoin (BTC) resumes its rally and gains around 0. 8% in the last 24 hours, and is now above $26,800. For its part, Ethereum (ETH) rises 0. 3% and seems to be consolidating at the $1,600 level.
C&C confident in recovering from ERP system difficulties
C&C Group said in a trading update on Tuesday that it expected its first-half operating profit to fall between €29m to €31m.
FirstGroup secures new West Coast Partnership rail contract
FirstGroup announced the attainment of a new National Rail contract (NRC) in collaboration with Trenitalia UK on Tuesday, with the Department for Transport (DfT) for the West Coast Partnership (WCP).
London open: Stocks edge higher, but Kingfisher tanks
UK stocks edged higher on Tuesday morning, though gains were only moderate as investors continued to exercise caution ahead of some potentially market-moving central bank meetings later this week.
Moonpig holds guidance amid challenging conditions
Greeting card maker Moonpig on Tuesday reiterated half-year revenue guidance as trading remained in line with expectations.
SThree on track despite ongoing sales weakness
STEM-focused recruitment firm SThree said it remains on track for the full year but reported a continued decline in net fees in its third quarter as the placing of permanent jobs continued to decline.
Kingfisher lowers full-year expectations as Poland operations drag
Kingfisher lowered its profit expectations for the full year on Tuesday despite reporting a slight increase in first-half sales of 1. 1% to £6. 88bn, with like-for-like sales slightly ahead of expectations.
London pre-open: Flat start expected as nerves set in
UK stocks are expected to open flat on Tuesday as investors continue to act cautiously ahead of some pivotal central bank meetings later this week.
Hargreaves Lansdown posts robust growth in clients, profit
Financial services provider Hargreaves Lansdown reported a robust set of full-year results on Tuesday.
Tui holds annual outlook on strong bookings, higher prices
Travel giant Tui on Tuesday held annual guidance on the back of a strong summer and solid bookings for this winter, underpinned by higher prices and despite extreme weather such as wildfires and floods in Europe.