Imperial Brands plans to accelerate its expansion into the vaping market as the tobacco industry feels the impact of falling cigarette sales.
A monarch avoiding tax payment is always a good hook for a news story. However, the latest ‘tax scandal’ related to the Paradise Papers goes much deeper than whether HM is paying HMRC a fair amount.
HSBC has pledged to provide $100bn in financing and investment by 2025 to help combat climate change.
Pharma giant Novartis has submitted its cell therapy for two forms of blood cancer, Kymriah, for European approval. The company hopes the new treatment will eventually become a $1bn-a-year seller.
The board of Aldermore bank has agreed to a £1.1bn takeover by South Africa’s FirstRand. The offer from the financial services firm, whose business interests range from investment and retail banking to asset management, will see it fork out 313p per share.
Infrastructure giant Carillion has been awarded two contracts with Network Rail to upgrade lines in the Midlands.
Bookmaker Ladbrokes Coral have accepted that failures identified by Gambling Commission in Gala Interactive operations fell short of standards.
African miner Randgold Resources has reported falls in third quarter production and profit but insists output for the year remains on track to meet or exceed expectations.
The aggregate value of all cryptocurrencies has hit a record high of around $184bn, according to industry website Coinmarketcap.
Across the UK, year-on-year house price growth stood at 2.5% in October, up from 2.3% in September, the Nationwide Building Society has reported.
Next,the UK retail chain, expects trading to remain “extremely volatile” as directory sales continue to offset difficult conditions on the high street
Essentially a cryptocurrency is a digital currency. Think of it as electricity converted into lines of code with monetary value. The rise of Bitcoin and cryptocurrencies is with little doubt the biggest disruption to the monetary system for centuries.
Hot Hand thinking can often be linked with what is termed averaging up. Often referred to as ‘pyramiding’ this is when, after buying shares in a company, you buy some more as the price gets higher.
Ethical investing used to centre around the Five B’s boobs, booze, baccy, betting and bombs. Or using slightly better grammar – an investment fund which screened out companies linked to pornography, alcohol, tobacco, gambling and arms manufacture. But things have evolved somewhat.
Fund managers are offering single country funds in developing markets such as China, Brazil, India and Indonesia, but do they offer great rewards and are they worth the risk?