1 Minute Market Rundown – 26th April 2022 April 26, 2022 | City Talk Risk Stages a Comeback into the US CloseCrypto ReboundsSterling and Euro Continue to Look Vulnerable As you finished work yesterday you would have been forgiven for expecting risk markets to remain offered following what could only be described as a horrid day for markets. China’s ‘zero covid’ strategy as well as concerns over inflation weighed [...]
Sombre faces in Canary Wharf as HSBC profits nosedive on Ukraine war and inflation worries April 26, 2022 It’s not the best of mornings for HSBC as the banking giant saw its first-quarter profits tumble by more than a quarter after taking a hit on expected bad debts due to the Ukraine war and soaring inflation. The lender posted a 28 per cent drop in pre-tax profits to £3.3bn for the first three [...]
Chelsea sale: Todd Boehly bid wins backing from influential former player Paul Canoville April 26, 2022 Influential former Chelsea player Paul Canoville has thrown his weight behind Todd Boehly’s bid to buy the club. Canoville, who has a suite named after him at Stamford Bridge, has come out in support of the Boehly consortium after holding talks with all three remaining bidders. “This is by far the best fit for Chelsea [...]
Amazon faces tide of stateside union action alongside Starbucks and Apple  April 25, 2022 Amazon workers are gearing up to unionise in a second US warehouse, as big name brands continue to feel the sting of impending collective action stateside.
Exclusive: More than two firms remain interested in Bulb Energy’s customers April 25, 2022 At least one other energy firm is still open to taking on customers from Bulb Energy, but has ruled out a full takeover bid of the collapsed supplier.
Taking ‘real action’: InPost founder Rafal Brzoska sends 500 tonnes of humanitarian aid to Ukraine April 25, 2022 One of Poland's richest men Rafal Brzoska sent a train carrying over 500 tonnes of food and medical supplies to Ukraine this weekend, in what he calls taking "real action".
Dubai’s about arts and culture now, don’t you know? April 25, 2022 THE WEEKEND: Dubai’s new 25hours Hotel One Central is a world away from the synthetic image Dubai struggles with – that of vapid shopping malls and manufactured strips of sand. The city is channelling funds into artistic centres, independent cinemas, galleries and museums and this hotel feels like a part of the nation’s drive for [...]
Twitter sale could be agreed as early as today as Elon Musk enters ‘final stretch’ of negotiations April 25, 2022 Twitter is in the final stretch of negotiations in its sale to Elon Musk, with a deal potentially being reached as early as today. As reported by Bloomberg, the social media firm is hammering out the terms of a transaction, according to inside sources. On April 14, the eccentric billionaire announced an offer to buy the [...]
Global financial markets jittery amid fresh China Covid lockdowns April 25, 2022 It’s been an unsteady start to the week in the crypto markets, with the Bitcoin price dropping to around $38,500.
1 Minute Market Rundown – 25th April 2022 April 25, 2022 | City Talk Risk Firmly on the BackfootCrypto LowerSterling and Euro Looking More and More Vulnerable Risk remains heavy across the board as fears over covid in China weigh on markets compounded fears sparked by faster and more aggressive FED tightening. We are also seeing commodities come under pressure sparked by the China fears as well as yields [...]