Gold rally runs out of steam
Gold is experiencing profit-taking after an impressive rally following the escalation in the Middle East.
The cost of a troy ounce of gold was down...
New Big Oil play may have just started
The US “Big Oil” has picked up recently, with both production growth and mergers and acquisitions.
At the end of last week, the number of...
Saudi EXIM Bank and Trafigura Sign Credit Facility Agreement
Riyadh, Saudi Arabia — The Saudi Export-Import (Saudi EXIM) Bank has signed an agreement with Trafigura, a market leader in the global commodities industry,...
Euro dampened by weak PMI data
Economic activity in Europe is cooling, raising the spectre of an emerging recession in Germany and the whole eurozone.
The PMI indices have proven to...
Equity sell-off could intensify
Markets had a heavy end to last week and continued to give up ground at the start of this week. The MSCI All-World Global...
Gold rises against the tide, but energy is running out
Gold is trading at nearly $1950 an ounce, having surged since the end of July after hitting $1810 just under two weeks ago on...
US home sales have fallen into a severe crisis zone
Sales in the secondary housing market in the US have fallen to an annualised pace of 3.96 million. At the peak of the downturn,...
CALLING SOUTH AFRICAN ENTREPRENEURS: YOUR QUICK HACK IDEA COULD WIN QUICK-START...
The team at Sir Fruit have kept their ‘start-up mentality’ for more than thirty years: they know all about hustling and innovating. This is...
UK Retail Sales: Non-food sales slump as prices rise
Retail sales volumes fell by an estimated 0.9% in September, following a 0.4% rise in August.
Sales volumes are down 0.8% in the three months...
Inheritance Tax Receipts reach £3.9 billion in half year (April to...
The latest figures from HM Revenue and Customs (HMRC) show that inheritance tax receipts increased to £3.9 billion in the six months from April...
Octopus Titan launches £200 million fundraise
Octopus Titan VCT has announced an offer for up to £200 million (£125 million + £75 million overallotment).
The VCT has total net assets of £1.1 billion and a portfolio of 140 companies.
...
London Stock Exchange Group – Another solid quarter
The London Stock Exchange Group (LSE) has announced a third quarter trading update for the three months ended 30 September 2023:
Total income up 8.0%...