Contents ▾ Second Huge FineGoogle ContractsTrade Google Today Earlier this year, the European Commission fined internet giant Google with €4.3 billion for abusing its vast monopoly in mobile phone operating systems, namely Android. It concluded that Google “…used Android as a vehicle to cement the dominance of its search engine” in a landmark case resulting […]
Online customers boost Walmart sales causing a 10% increase to share price US retailer Walmart announced on 16 August that online sales had increased by 40% in the past three months, causing a massive 10% hike to the share price prior to the opening of the New York Stock Exchange. Walmart is the current owner […]
eToro kickstarts the Premier League with a historic sponsorship deal The famous social trading platform eToro has just announced a unique sponsorship deal with seven British Premier League teams. This list includes Tottenham Hotspur that currently occupy the fifth place in the rankings, as well as Newcastle, Southampton, Brighton & Hove Albion, Cardiff, Crystal Palace […]
What will Chinese sanctions do to the US economy? President Donald Trump’s war of words with the Chinese shows little sign of abating at the moment. Mr Trump has stepped up pressure on the world’s second-biggest economy by announcing another $16 billion worth of tariffs on Chinese-made goods that are imported into the United States. […]
Bitcoin crashed to a new 2018 low of less than £4,531 ($6,000) on 24 June, far below its $20,000 peak of December 2017. About The Crash Very much of this downward trend for Bitcoin reflects wider investor concerns about cryptocurrency. It has been the subject of a lot of negative news in recent months, including […]
In a report issued in late June, the Bank of England warned that real, material risks in world markets are increasing. In some recent blog entries, we’ve talked about how stocks and shares connected with specific nations and market sectors could lose value due to trade war tariffs and policies. You might therefore think that […]
FTSE 100 remains subdued in wake of US/North Korea meeting As experienced traders know, political uncertainty can have a significant, adverse effect on financial markets and the indices that track them. Therefore, it’s not surprising that tensions between the US and North Korea have kept many indices subdued over the past few months, including the […]
Oil production set to go up, prices expected to drop For a year and a half now Opec and oil-producing nations like Russia have doggedly stuck to the agreed oil supply cuts that were introduced at the end of 2016. Until now. Supply On The Up News has emerged that Russia and Saudi Arabia are […]
Tesla is a company that is always in the news for one reason or another, but mainly due to its owner Elon Musk who is more than happy to challenge the media and anyone who doubts the cars that Tesla produce. Elon Musk He also has the flair for the extraordinary. When one of his […]
At the beginning of June, MSCI INC. will add over 200 Chinese companies to equity gauges that help to direct the investment of around 12 trillion dollars. Set to be published in May, this selection of shares will add a number of options for funds looking for new and untapped investment opportunities. This move is […]
Debenhams enjoys its best day of trading in two years Debenhams has been given some great news in a challenging retail market, with the announcement that it had its best surge in intraday sales for nearly two years this week. The news follows the announcement that House of Fraser, one of its main high-street rivals, […]
UK high street suffers a blow in April The latest official figures show that Britain’s retailers experienced the sharpest drop in sales for over 20 years last month. The downward pressure was as a result of poor weather conditions, the timing of the Easter break and ongoing pressures with household finances. As a result, customer […]
UK interest rates may not rise in May 2018. High Street Squeeze The expectation that the Bank of England will raise UK interest rates in Spring may be incorrect according to indications from Mark Carney, Governor of the Bank of England. Mr Carney said: “I don’t want to get too focused on the precise timing – it […]
Sainsbury’s shares rise over 20% on news of merger with Asda Shares in food retailer Sainsbury’s rose by over 20% to 324p following news of a planned merger with Walmart-owned Asda. The planned merger between the supermarket chains will see the group hold 30% of the UK grocery sales’ market and overtake Tesco to become […]
Leading asset manager says time is right to buy Facebook stock Carol Pepper, the chief executive of New York asset management firm Pepper International, has advised traders to buy Facebook stock while it’s low. Public Pressure Facebook has been under heavy public, political and financial pressure, as a result of the Cambridge Analytica scandal, which […]
What will the Syria attack mean for the asset markets? The US and its allies launched precision strikes against the Syrian government following the regime’s alleged use of chemical weapons. The attack was well-trailed, meaning that the markets have already priced in the action. Nevertheless, any long-term escalation could have a bigger impact on stock […]
Dow Jones industrial average falls on news of China retaliation in tariff row with US China recently announced that it will be imposing new trade tariffs on 106 US products, increasing tensions between the two countries and further raising the spectre of a trade war between two of the largest economies on the planet. $50 […]