Etichetta: shares
Treasury sells £1.1bn of NatWest shares back to bank
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Taxpayers’ stake in NatWest has been reduced after the government sold £1.1bn of shares in the bank, which was bailed out during the financial crisis more than a decade ago. The government’s stake in NatWest, formerly...
GameStop shares fall as first earnings report released since Reddit-led rally
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GameStop released its first earnings report on Tuesday since it became the subject of international attention during a Reddit-fuelled buying rally and named former Amazon and Google executive Jenna Owens as its new ch...
‘Right now I’m scared’: top US official shares sense of ‘doom’ as Covid cases rise
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A top White House official has issued a dire warning about the recent rise in coronavirus cases in the US, telling a briefing on Monday: “Right now I’m scared.” Dr Rochelle Walensky, director of the federal Centers f...
Deliveroo shares plunge on market debut – business live
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Deliveroo shares slump on stock market debut
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Shares in Deliveroo slumped by more than 30% on the takeaway food firm’s stock market debut, as the eagerly-anticipated float turned sour for an army of retail investors. L'azienda, which has been urging customers t...
GameStop shares fall 5% as company looks to cash in on Reddit surge
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Shares in GameStop fell 5% on Monday after the video-game retailer said it may sell up to $1bn (£720m) worth of stock as it tries to make the best of the 900% surge in its shares from a Reddit-driven rally this year. ...
GlaxoSmithKline shares jump at news of activist hedge fund interest
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Shares in GlaxoSmithKline jumped on Thursday, after it emerged that the activist hedge fund Elliott Management has built a sizeable stake in the company, signalling a potential battle over the future of the UK drug ma...
Supply chain bottlenecks hit manufacturers; travel shares lift FTSE 100 – business live
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Copertura continua delle ultime notizie economiche e finanziarie
UK travel industry shares climb as hopes rise for green light on holidays abroad
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Airlines and travel companies’ share prices rose on Tuesday after more signals from Britain and the EU that summer holidays abroad could go ahead. Airlines EasyJet, Lufthansa and British Airways’ owner IAG all rose in...
Treasury to sell £1.1bn in NatWest shares, cutting taxpayer stake to 54.8%
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The government has launched the sale of a £1.1bn stake in NatWest to cut the British taxpayer’s holding in the bank, which was bailed out during the financial crisis more than a decade ago. In the second selldown this...
Amigo shares plummet 34% amid fears over compensation case
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Amigo shares have fallen more than 34% in one day, amid fears that the sub-prime lender could collapse if a controversial proposal to cap customer compensation claims is rejected by a UK court. The lender temporarily ...
AMC Entertainment shares soar in latest GameStop-style frenzy
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Shares in AMC Entertainment, the biggest movie theatre business in the world and the owner of Odeon in the UK, have soared this week amid the resumption of the “meme stock” wars in which an army of small traders have ...
Ocado shares plunge as it cancels orders after robot fire
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Ocado’s share price has sunk to its level in more than a year after it was forced to cancel thousands of orders following a fire caused by a robot collision at one of its warehouses. Customers concentrated in London a...
Treasury to sell off up to £1.2bn-worth of NatWest shares
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The Treasury has announced plans to sell off another tranche of NatWest shares over the next 12 mesi, as part of ongoing efforts to return the taxpayer-owned bank to private ownership. The government, which still ho...
Chinese liquor and e-cigarette shares fall amid state ‘vice industry’ crackdown
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China’s liquor and e-cigarette companies have emerged as the latest market casualty in Beijing’s crackdown on “vice industries” after reports from state media that suggest they could be the next targets for stricter r...