City comment: Selling England by the pound never been cheaper
How much of corporate Britain is for sale? Perhaps it would be an easier exercise to say which bits definitely aren’t. William Hill looks like it is going to one …
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Caesars Palace owner makes £2.9 billion bid for bookmaker William Hill
William Hill suitor Caesars Entertainment laid its cards on the table today with details of a potential £2.9 billion offer for the UK bookmaker. The owner of Caesars Palace has …
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Aldi to invest £1.3bn and create 4000 jobs after profits bounce back
Discount grocer Aldi has pledged to invest £1.3 billion on expanding in the UK after posting a rise in sales and profits. The retailer bounced back from a sharp fall …
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FTSE 100 follows Asian markets with sharp jump
The FTSE 100 is forecast to step up sharply this morning as improving investor sentiment in Asia leaks across into European trading. The blue chip index is expected to record …
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Top U.S. airlines starting 32,000 furloughs as bailout hopes fade
CHICAGO/WASHINGTON – American Airlines and United Airlines, two of the largest U.S. carriers, said they were beginning furloughs of over 32,000 workers on Thursday as hopes faded for a last-minute …
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Wall Street closes higher as stimulus talks progress
NEW YORK – U.S. stocks closed solidly higher on Wednesday as government leaders continued talks for a new pandemic relief package and positive economic data helped the major indexes end …
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U.S. stocks post sharp quarterly gains, but caution continues to dog outlook
NEW YORK – U.S. stocks closed out a second consecutive quarter with sharp gains on Wednesday, but risks remain for stocks because the looming U.S. presidential election and mounting coronavirus …
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