Amazon has held talks to gain U.K. rights to stream Premier League soccer matches ahead of a rights auction next month, according to a report by The Daily Telegraph. The tech giant has spoken with industry experts about the requirements of broadcasting live games as it lacks experience in the space, the newspaper said, citing […]
Read moreEuropean markets are expected to open mixed on Friday morning, as investors await a fresh batch of economic data. The FTSE 100 is poised to open down 7 points at 7,687, while the DAX is seen up 35 points at 13,196 and the CAC 40 is set to open 4 points higher at 5,414, according […]
Read moreThe U.S. is well-placed to join the likes of Saudi Arabia and Russia as one of the world’s leading energy powerhouses, an analyst said Thursday. “There is a big shift in market structure taking place and I think, so far, it really hasn’t got the attention it deserves. The U.S. is emerging as, not only […]
Read moreThe euro zone economy closed out the year with the strongest growth in nearly seven years, driven by accelerating services and manufacturing activity across all major economies, a survey showed on Thursday. The news will put pressure on the European Central Bank to close out its aggressive stimulus this year, and coincides with the central […]
Read moreEuropean markets are expected to open slightly higher on Thursday morning as investors reacted to robust economic data from both sides of the Atlantic, while oil prices hovered around two-and-a-half year highs amid unrest in Iran. The FTSE 100 is poised to open up 14 points at 7,685, while the DAX is seen up 53 […]
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Many UK CEOs earn more in three days than a typical worker does in a year
The average boss of one of Britain’s top companies will on Thursday have earned the same as the typical worker will make in the entire year, according to a new report, stepping up pressure on companies ahead of the annual reporting season. Just three working days into 2018, pay for the average FTSE 100 chief […]
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Britain reportedly explores prospect of joining Pacific trade group post-Brexit
Britain is considering whether to try and join the Trans-Pacific Partnership (TPP) as the country considers its trade future outside of the European Union, according to the Financial Times. The prospect of Britain joining the distant trade group could help revitalize TPP as well as bolster exports in the U.K. after Brexit, the report said. […]
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Britain's open to foreign investment, trade minister Fox tells China
British trade minister Liam Fox said on Wednesday that London would continue to welcome foreign investment, after a U.S. panel rejected a Chinese acquisition of a U.S. money transfer company on national security concerns. Fox was on a visit to China, the latest installment in long-running economic talks between China and Britain, which has taken […]
Read moreA set of sweeping reforms to Europe’s financial industry came into force on Wednesday, with market participants in every corner of the continent’s financial services system likely to be affected. The new laws, which amount to the biggest change to Europe’s financial markets in a decade, are an attempt by regulators to shine more light […]
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Trading firm’s stock spikes 17% after it says cryptocurrency boom has boosted profits
Shares of spread-betting firm Plus500 surged Wednesday after it said it had benefited from increased interest in cryptocurrencies. Plus500 said in a trading update it had achieved record quarterly revenues in the fourth quarter of 2017, and an additional 246,000 customers, owed in part to its cryptocurrency contracts for difference (CFD). CFDs let traders bet […]
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