1 Minute Market Rundown – 29th March 2022 March 29, 2022 | City Talk Russia – UkraineAre we back in 2021?Crypto consolidates You’d be forgiven for thinking you had woken up in early 2021 when looking at some US stocks this morning. AMC up 50%, GameStop up 25% and Bed Bath and Beyond up 17%. Meme stocks seem to be en vogue once again but we will try not [...]
‘Cold welcome and no handshakes’: Russian and Ukrainian delegations meet for ceasefire talks in Turkey, attended by Abramovich and Erdogan March 29, 2022 There were “no handshakes” as Russian and Ukrainian officials met in Turkey for ceasefire talks, attended billionaire oligarch Roman Abramovich and president Erdoğan. Delegations for the two countries gathered in Istanbul, with Turkish leader Recep Tayyip Erdoğan pictured speaking to the Chelsea owner. A video also appeared online of the Russian businessman, who has alleged [...]
Second P&O ferry grounded following sackings row March 28, 2022 Another P&O ship is being detained as the ferry firm rides of the waves of the ongoing sackings scandal, which saw the firm replace 800 seafarers with lower-paid crew. As reported by Sky News this evening, The Maritime and Coastguard Agency (MCA) said earlier in the day that the Pride of Kent was undergoing checks [...]
Roman Abramovich ‘poisoned’ during Russia-Ukraine peace talks March 28, 2022 Chelsea owner Roman Abramovich reportedly suffered the symptoms of poisoning when he attended peace negotiations between Russia and Ukraine.
Morning Wire Awards 2022: Accountancy Firm of the Year March 28, 2022 The City is back, and so are the Morning Wire Awards, recognising the best of the Square Mile, Canary Wharf and London’s business community – which has shown shown resilience, innovation and adaptability like never before over the past year. We’re delighted to host what will be a wonderful celebration of the capital’s rebound, but [...]
US sanctions and 5G slowdown sparks Huawei revenue dip March 28, 2022 Chinese tech firm Huawei recorded its first yearly revenue drop on record in 2021 as sanctions chip away at the company's growth.
Exclusive: Cynergy Bank’s new London property director is former head of Lloyds’ capital team March 28, 2022 The former head of Lloyds’ property team in the capital has been unveiled as the new London director of Cynergy Bank. Mitesh Hathi will head the bank’s expanded team of 19, with more than £1.1bn on its balance sheet. They will will focus on small and medium sized firms in the capitals’s £2m-20m bracket, in [...]
Bitcoin currently sitting above important price point March 28, 2022 The price of Bitcoin this morning rose to more than $47k for the first time since January 4. It’s since settled back to around $46,950.
1 Minute Market Rundown – 28th March 2022 March 28, 2022 | City Talk Russia – UkraineBanks predict a more aggressive FEDCrypto looks to break out…finally Markets currently have two themes. The first is the bond market which continues to trade as if it’s on the receiving end of a slap from Will Smith. Yields relentlessly push higher as the market continues to reprice an even more hawkish FED. [...]
‘What th f*** bro’: Watch as reckless driver in East London live streams himself as he crashes in Newham March 28, 2022 A live stream on TikTok is going viral across London this morning, showing a street racer crash his car on the A13 in East London. Streaming himself like on the popular Chinese social media platform, the driver was seen racing at high speed through the east side of the capital late on Saturday night. While [...]