TOP NEWS: Old Mutual posts ‘solid’ interim results on robust equities

Old Mutual Ltd on Thursday dubbed as ‘solid’ its performance for the first half of 2024, underpinned by buoyant local equities and strong gross written...

Thu, 26/09/2024 - 08:17

UK wants to expand defence cooperation with Germany

UK Foreign Minister David Lammy has expressed London’s intention to expand cooperation in the defence sector with Germany and the other European partners in view...

Thu, 26/09/2024 - 06:40

Consumer morale down amid ‘negative publicity’ surrounding UK economy

UK consumer confidence declined in September, a tracker released on Thursday showed, setting the stage for a possibly ‘turbulent few months’ for retailers.

According to...

Thu, 26/09/2024 - 05:06

Why Oracle’s run could go much further than you think

There are investors who believe that the world’s three hyper-scale cloud computing firms – Amazon (AMZN:NASDAQ), Microsoft (MSFT:NASDAQ) and Alphabet (GOOG:NASDAQ) – have that market tied...

Thu, 26/09/2024 - 00:00

Microsoft, BlackRock, Nvidia back enormous new AI datacentre fund

The world’s leading companies from the software, investment and microchip industries are to join forces to set-up an enormous new investment vehicle aimed at developing...

Thu, 26/09/2024 - 00:00

Investment trust sector celebrates ‘leap forward’ on cost disclosure

The investment trust sector is in celebratory mood after the Labour government and the FCA (Financial Conduct Authority) announced (19 September) they will exempt London-listed investment...

Thu, 26/09/2024 - 00:00

Communications kit designer Filtronic receives boost from SpaceX

Communications equipment specialist Filtronic (FTC:AIM) has Elon Musk’s space exploration company SpaceX to thank for recent share price gains.

Over the past year Filtronic shares...

Thu, 26/09/2024 - 00:00

Oxford Metrics slumps to six-year low after profit warning

Smart sensing firm Oxford Metrics (OMG:AIM) is on its uppers after a damaging profit warning on 23 September.

The shares slumped to their lowest level...

Thu, 26/09/2024 - 00:00

Why unloved cosmetics retailer Ulta Beauty is a buy

Ulta Beauty (ULTA:NASDAQ) $391.70

Market cap: $18.5 billion

A 20% year-to-date share price drop at Ulta Beauty (ULTA:NASDAQ), America’s biggest specialist beauty retailer, presents...

Thu, 26/09/2024 - 00:00

Surprise jumbo rate cut sends stocks and gold to new all-time highs

Making a virtue out of necessity is the hallmark of a skilled communicator, and that certainly applies to US Federal Reserve chair Jay Powell after...

Thu, 26/09/2024 - 00:00

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