Starbucks shares slide as sales metric disappoints
Starbucks saw its shares slide on Friday after a key sales metric at the coffee chain grew at a slower pace than Wall Street analysts had forecast. Shares in the Seattle-based company fell 2 per cent...
View ArticleWeek in Review, April 29
A round up of some of the week’s most significant corporate events and news stories. Uber and Kitty Hawk lead drive towards flying taxis Flying taxis have emerged as Silicon Valley’s latest...
View ArticleHedge funds slash bets against sterling
Hedge funds have slashed their bets against the British pound to the lowest level since the Brexit vote in June last year, after the currency enjoyed its best month against the dollar in two years....
View ArticleSaturday Papers: UK growth slows sharply
And days of bumper bonuses numbered but bosses still celebrate while rising share prices are alarming investors over cost of long-term incentive plans. Source link
View ArticlePensioners will carry on hoarding cash if state won’t step in
The row brewing over the state pension triple lock plays into a wider debate about incomes and wealth in old age and how, as a society, we adapt to the escalating costs of improved life expectancy,...
View ArticlePoorest face ‘double whammy’ if Tories ditch triple lock on pensions
Plans to ditch the triple lock on the basic state pension would represent a “double whammy” for the poorest pensioners, many of whom have already lost out under this month’s new flat-rate pension,...
View ArticleWhat would happen to your state pension if the 'triple lock' was scrapped?
Over 10 million people could find their spending power in retirement at risk if – as has been mooted by some – the Government drops the key “triple‑lock” policy applying to the state pension. The...
View ArticleHow much higher can the euro go?
April 30, 2017 by: Roger Blitz and Michael Mackenzie Here are the key questions facing investors as the first week of May begins. How much higher can the euro go?Emmanuel Macron had an uncomfortable...
View ArticleTrump team’s ultra-long bond talk faces scepticism
The Trump administration’s interest in issuing the US government’s first “ultra-long” bonds, following in the footsteps of countries such as the UK, Mexico and Belgium, is facing scepticism from fund...
View ArticleLe Pen plays down anti-euro message
Marine Le Pen has attempted to broaden her mainstream appeal ahead of the French presidential election by signalling that her flagship policy of leaving the euro is no longer a priority. The candidate...
View ArticleMexico calls on Trump to reuse TPP deals for Nafta
Mexico is urging Donald Trump to reuse agreements reached under the aborted Trans-Pacific Partnership to create a manufacturing powerhouse between the US, Mexico and Canada to compete with low-cost...
View ArticleChinese underground lending cools in April
April 30, 2017 by: FT Confidential Research Our Underground Lending Index fell in April to 59.2, down 8.1 points year-on-year and below the average of 59.7 recorded over the previous 12 months. More...
View ArticleCarmakers grapple with China’s electric vehicle drive
Global carmakers are grappling with forthcoming rules requiring them to produce electric vehicles in China, the world’s largest car market. While still under discussion, a draft of the rules — seen by...
View ArticleSingapore bourse offers to link up with Chinese futures venture
SGX, the Singapore Exchange, is looking to further boost its Chinese derivatives business by offering to collaborate with a planned new local futures venture backed by the founders of one of China’s...
View ArticleBangkok Airways explores next ‘boutique routes’
While cutting costs and frills has been the main strategy for small regional airlines in Asia’s increasingly crowded skies, Thailand’s Bangkok Airways has been playing a different game. Describing...
View ArticleUS ultra-long bonds: a tricky temptation for Trump
A club of top bankers, investors and Treasury officials will this week meet at the venerable Hay-Adams hotel in downtown Washington to discuss the US government’s borrowing plans. It could be a...
View ArticleChina can suck in Asian exports only for so long
Whenever Hong Kong’s exports enjoy a pick-up, economists tend to look for some renminbi-related Chinese capital controls dodge for an explanation. Rarely are they seen as a win for Hong Kong’s...
View ArticleFTSE-listed miners rattled by China concern
May 1, 2017 by: Neil Hume, Commodities and Mining Editor The UK mining sector is struggling to hold the significant gains it chalked up last year amid concerns that efforts by policymakers in Beijing...
View ArticleBudget deal pushes US stock markets higher
US stock markets climbed higher on Monday, as bipartisan agreement over a US budget deal overpowered weak manufacturing data in the US and China, with European markets closed for the May bank holiday....
View ArticleUS share buyback plan approvals plunge
US corporate boardrooms’ approval of share buyback plans has fallen to its lowest level since 2012, signalling that the stock market’s surge to further highs this year is curbing a key source of...
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