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Alison Bloomer

Alison Bloomer has written on finance, insurance and pensions for various trade publications and was former Managing Editor of Insurance Times. She was launch editor of the Top 50 UK Insurers and Brokers reports produced in association with S&P Global Data Market Intelligence.

Articles by Alison Bloomer Page 4

Oil edges back from early gains, but prices still supported

(Reuters) Oil prices weakened following early gains on Wednesday, but remained underpinned by tightening supply and strong global demand.

Alison Bloomer16:14, 17 January 2018
Bitcoin slumps down almost half its peak value

Bitcoin has sunk a further 12% to below $10,000 halving in value from its peak price when it skyrocketed last year.

Alison Bloomer15:15, 17 January 2018
Rolls-Royce shares climb with simplification plan announced

Shares in Rolls-Royce have jumped by almost 7% after an announcement that it is embarking on a further simplification of the business with the potential sale of its commercial marine operation.

Alison Bloomer14:56, 17 January 2018
Tiffany & Co report holiday period boost to profits

Tiffany & Co has posted a holiday period boost to profits with worldwide net sales increasing by 8% to $1.05bn in the quarter ended December 31 2017.

Alison Bloomer14:17, 17 January 2018
Bank of America Corp posts profit despite being hit by £2.9bn tax bill

Bank of America Corp has announced a profit of $2.4bn, or $0.20 per diluted share in its quarter four results. These results include a charge of $2.9bn, or $0.27 per diluted share, related to the Tax Cuts and Jobs Act.

Alison Bloomer13:45, 17 January 2018
Oil majors and the rising oil price

Oil prices are subject to a complex array of socio-economic, geo-political and technology factors. Yet analysts are in agreement that the ongoing production cuts led by the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC giant Russia will set the price for 2018.

Alison Bloomer13:12, 12 January 2018
New York Mayor sues five largest oil companies over global warning

A lawsuit has been filed against the five largest investor-owned fossil fuel companies by New York City Mayor Bill de Blasio due to their contributions to global warming.

Alison Bloomer17:01, 10 January 2018
Coca Cola launch "biggest marketing makeover in its history"

Coca Cola have launched the biggest product and marketing makeover in its 36-year history for one of its biggest brands Diet Coke in an attempt to appeal to millennials.

Alison Bloomer16:29, 10 January 2018
US domestic crude oil supplies drop according to EIA

US domestic crude oil supplies fell by 4.9 million barrels for the week ended January 5, according to the latest US Energy Information Administration report.

Alison Bloomer16:07, 10 January 2018
National Audit Office to oversee Brexit divorce bill

The National Audit Office will oversee Britain’s estimated £39bn exit bill to the EU and investigate the “reasonableness” of the payment.

Alison Bloomer16:00, 10 January 2018
Berkshire Hathaway announce two new posts as part of succession plans

Berkshire Hathaway has appointed two new vice-chairmen to its board, raising speculation that one of them will succeed Warren Buffet as chairman and chief executive.

Alison Bloomer15:08, 10 January 2018
Sears raises $100 million in new financing

Sears Holdings Corporation has raised $100m in new financing and is pursuing an additional $200m from other counterparties.

Alison Bloomer14:42, 10 January 2018
European indices down but bank shares rise

Following a five-day rally, European stocks were down on Wednesday with financial services providers edging forward as bank shares climbed, mirroring the rise in US bond yields.

Alison Bloomer13:45, 10 January 2018
Interest rate rise
Mercer outlines investment ideas that allow for higher interest rates

With a gradual return to increased interest rates expected, insurance consultancy Mercer has highlighted ways companies can ensure their internal governance and investment risk frameworks are robust enough to deal with the “inevitable shocks” that will arise in 2018.

Alison Bloomer16:50, 4 January 2018
Ethereum
Cryptocurrency Ethereum hits $1,000 for the first time

Digital currency Ethereum has hit $1,000 for the first time in its history on the same day that the overall cryptocurrency market cap jumped past $770bn according to CoinMarketCap.

Alison Bloomer15:38, 4 January 2018

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