Author: JobBroker
Sterling on track for weekly gains after election, BOE
Sterling was a touch higher versus the dollar and steadied against the euro on Friday, but was on track for weekly gains against both as traders watch [...]
Britain proposes new structure to tackle illiquid fund flaws
Britain on Friday put forward a new long-term asset fund structure to invest in illiquid assets such as real estate and infrastructure, following rece [...]
UK construction keeps up rapid growth in April as lockdown lifts – PMI
British construction activity expanded quickly last month, almost matching the six-and-a-half-year record struck in March as a lifting of coronavirus [...]
Fed Risk Warning, Payrolls, Energy Transfer Windfall – What’s Moving Markets
The Federal Reserve starts to get nervous about high asset prices and leverage, nonfarm payrolls are expected to hit nearly 1 million in April, and st [...]
Blackstone proposes $1.68 billion buyout of UK’s St. Modwen Properties
Private equity firm Blackstone (NYSE:BX) Group has made a 1.21 billion pound ($1.68 billion) buyout proposal for St. Modwen Properties, the companies [...]
British Airways owner IAG expects travel recovery from July
British Airways owner IAG (LON:ICAG) is confident travel will recover from July onwards after forecasting only a minimal increase in its capacity to 2 [...]
Adidas shrugs off China boycott call to raise outlook
German sportswear company Adidas (DE:ADSGN) shrugged off Chinese calls in March for a boycott of its products and raised its 2021 sales forecast on Fr [...]
FTSE 100 set for best week since April on recovery hopes
London's FTSE 100 rose on Friday and was on track for its best weekly performance in a month, as hopes of a stronger economic recovery powered energy [...]
Oil prices climb as China, U.S. economic data lift markets
Oil prices recovered after a 1% dip in the previous session on buoyant economic data from China and the United States, even as the surging COVID-19 pa [...]
Oil Heads for Back-to-Back Weekly Gain as Commodities Power On
Oil headed for a second straight weekly advance as investors bet on rising energy demand amid a broad rally in commodities, with robust trade data fro [...]