22-09-2024

Weekly Stock Market News
Welcome to the weekly international news from Stockmark.IT - covering the news that affecting international financial markets.

Exploring New Frontiers: Oil Exploration Updates from Pantheon Resources PLC
Thames Water is rewriting loans to remain afloat.
Avantis grows as demand for VR in US Schools increases
Journalists protest planned sale of Observer by Tortoise Media
Gusbourne Wine Harvest Hit by “challenging Conditions”
Nearly 100,000 Lifetime ISA savers are hit with high withdrawal fees
Close Brothers prepares for car finance crisis by selling wealth unit
Next warns about store closures following equal pay ruling
Ocado raises sales outlook after summer surge
Interest rates in the UK held at 5%
Experts say UK faces a ‘tsunami’ of missed cancers in the wake of pandemic.
The rise in chocolate prices may scare shoppers this Halloween
Stuart Rose, former M&S boss, to lead struggling Asda after co-owner steps down
Boeing furloughs a ‘large’ number of employees during factory strike
TGI Friday UK’s future is in doubt after owner announces plan to enter into administration
Shadow MPC: Hold interest rates, but increase bond sales.
Legal & General buys Cala, a housebuilder for £1.16bn
Tupperware’s party is over, as the company files for bankruptcy
UK economy loses £25bn per year due to shrinking workforce
Chinese owners claim that British Steel Works has never turned a profit.
UK inflation remains unchanged at 2.2%
Tortoise Media and Guardian are in discussions to sell the Observer to Guardian
Parents can now see what their children are saying on Instagram
US tech giant Intel halts construction of €30bn German Microchip Factory
Tesco may urge customers to replace unhealthy purchases
Amanda Staveley Company liquidated following dispute with shipping tycoon
Bets increase on Bank of England rate cut
Pret A Manger sales rise above £1bn
Take a chance on the augmented reality glasses but are they seeing clearly?
Analysts’ predictions of US consumer spending are not met
BlackRock and Microsoft to invest $30bn in AI infrastructure
UK’s post Brexit checks on fruits and vegetables have been delayed a third.
Martin Lewis: UK’s smart-meter targets are leaving energy consumers shortchanged.
IPPR: Tackling UK ill-health is essential to economic growth
Sky Betting & Gaming reprimanded after sharing personal data without consent
B&Q owner tightens guidelines as housing market improves
AllSaints continues to grow with record profits
Bank bond sales could cost Treasury billions
THG spins off tech services to fix the balance sheet
BP will sell American onshore wind farm
Harland & Wolff, the Titanic’s builder, is heading for administration
Labour says that the right to work at home is a productivity booster.
Russian state banks open branches to eastern Ukraine
Roche data reveals the stomach-churning effects of weight loss drugs
European governments sell off €16bn in bank stocks
Thames Water aims to raise £3.3 billion in new cash
Knoops wants £5 million for expansion globally
Rachel Reeves warns that a tax grab on private equity may backfire
TK Maxx: the retail giant that profits from its rivals’ mistakes
Silicon Valley’s techies have built the AI that will replace them
Harland & Wolff, the Titanic’s shipbuilder, stumbled on the edge of bankruptcy
Doubleview Gold: Progress Update on the Hat Property and Drilling at Lisle Zone
Fulcram Metals Secures £758,000 in Funding to Advance Tailings Project
Mkango Marks Strategic Progress in Rare Earth Magnet Recycling
Oakmount Partners Poised for Growth as InterGroup Mining Nears TSX Listing
Britain’s Energy Grid Goes Public: Will It Bring Lower Bills and Faster Renewables?
Revolut founder sold shares in fintech company worth up to $300m
Can UK avoid the national debt nearly tripling in next 50 years
Fever-Tree announces London listing after shares fall to eight-year low
Owner of New York Sun bids for Telegraph Newspapers
European Central Bank reduces interest rates again
John Lewis profits grow’significantly,’ after a turbulent few years
Bank of England backs down on plans to introduce tougher capital regulations for UK banks
IG Group gains from August’s market turmoil
The production of the electric Fiat 500 has been halted due to a lack of European orders
Inditex’s profits are a model for fashion rivals
Grangemouth Oil Refinery to Close Next Year with 400 Job Losses
BMW shares drop to a four-year low after recall of 1.5m vehicles announced
British Steel Industry Prepares for 2,500 Job Cuts at Port Talbot as Government Deal
The increase in grocery shopping is due to the back-to-school season.
Everton supporters could be able to purchase shares in the club if Textor completes takeover
Reeves is urged to change tax laws ‘to raise over £20bn per year’
Enjoy the journey as you renovate your home.
Rightmove rejects Murdoch’s REA’s offer of £5.6bn
Aston Martin F1 signs Newey, a former Red Bull aerodynamics expert, in a £20mn deal
BoE is urged to increase the sale of short-dated Gilts in order to boost market liquidity
Chinese startup aims to achieve nuclear fusion for half the price of US competitors
Mountain Warehouse will open 50 new stores
Telecoms services provider eyes a move upmarket
AstraZeneca faces setback in cancer drug trial
PwC sends UK partner to China amid Evergrande fallout
Serica warns that the energy profits tax could hinder North Sea projects
IWG’s shareholder demands that the company be listed in New York
Paul Marshall purchases The Spectator at £100m
The first criminal case over illegal cryptocurrency ATMs
After takeover, Centamin will leave the London Stock Exchange
Apple loses landmark tax dispute with the EU
UK music industry pressurises government to resolve post-Brexit touring restrictions
After fire, Grenfell Building firm is criticised by an inquiry and awarded contracts worth millions
In England and Wales, water companies lost over 1tn litres of water due to leaks in the last year
Thinktank says that online gambling has a negative impact on the UK economy
NHS patients miss out on cancer screening due to shortages
The man behind Peloton’s billionaire boom and bust
Mkango Resources: Pioneering Sustainable Rare Earth Production
Insights from the CEO of Cook’s Coffee on Franchise Success
Feeld, a dating app that ‘triples’ in popularity, nearly doubles its revenue to £39.5m
Royal Mail considers bin collection-style website for letter delivery days
HSBC hires a lot of people to help drive UK wealth division goals
France requests more time from the EU to submit a debt plan
UK Health Minister: NHS must make “three major shifts” to survive
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