Britain’s new Prime Minister, Liz Truss, is helping to sink the beleaguered pound even further – and the trajectory is only likely to get worse for the UK currency, warned the CEO
By Craig Erlam European stock markets are plunging at the start of the week following a day of mixed trade in Asia, with Gazprom’s supply-cut announcement on Friday weighing heavily on the
Expect the British pound to fall even further and more radically this week should frontrunner Liz Truss be named Prime Minister, warned the CEO of leading independent financial advisory and fintech deVere.
By Craig Erlam Investors appeared relatively pleased with Friday’s U.S. jobs report, despite some initial choppy trade following the release. The headline non-farm payrolls figure was a little larger than expected at
By Craig Erlam Stock markets in Europe opened positively on Friday after what has been an otherwise rotten week, while Asia was fairly mixed ahead of the US jobs report. It will
By Craig Erlam There’s been a lot of economic data to digest so far on Thursday and yet nothing has really changed as far as markets are concerned, with September kicking off
The UK is home to the highest number of European unicorns, privately held startup companies valued at over $1 bln, with a total of 47 unicorn start-ups, according to MoneyTransfers. Germany takes
Bank of Cyprus, the target of a failed takeover bid by a US-based investment fund, said Wednesday it improved first-half profits, further reduced its payroll and exposure to non-performing loans, and is
By Craig Erlam Stock markets in Europe turned lower again on Wednesday, while US futures are more mixed, similar to what we saw in Asia overnight. Conditions remain choppy in the aftermath
The global mobile apps market is expected to slow down in its growth this year, despite the size of the app market growing tremendously in the past two years, partly due to
