Moving Markets: What's Happening Today? Hello, young investors! Today, we are going to take a closer look at what is happening in some of the largest stock markets in the world. Sometimes these stock markets go down; sometimes they go up. Let's find out what happened this Monday, essentially on US Labor Day. FTSE 100 …
Warmer weather in the UK last month boosted retail sales as shoppers flocked to stores for picnic snacks and barbecue supplies. Boosts were particularly notable in sales of clothing and gardening products, even as big-ticket items like furniture and household appliances continued to decline. The British Retail Consortium, which speaks for the majority of the …
Visualize standing in the middle of the sea, out on a boat, with wind running over the surface. Now picture that wind powering millions of homes! That is what the UK government is working on with its latest announcement-nine new offshore wind farms! In an auction that failed last year, with no company wanting to …
Cathay Pacific is one of the airlines in the headlines most recently over a big problem with some of its planes. Just shortly after one of its Airbus A350 jets took off from Hong Kong, a part in the Rolls-Royce engine failed this Monday. The sudden problem grounded several flights and called for the putting …
Neil Clifford, the boss of Kurt Geiger, does not hold back in voicing his opinion regarding the UK's decision to axe tax-free shopping for international visitors. He thinks that it was a big mistake, with basically the UK "shooting itself in the foot." Now let's get into the detail with respect to why such a …
Drivers speeding over 100 miles per hour are becoming a big problem in Britain, and it’s not just a matter of getting a ticket. New data shows that speeding at such high speeds can have “devastating effects” on people’s lives and safety. So, what’s the deal? Let’s break it down in simple terms. Speeding Statistics: …
The Market Recap and What's Next August was a frenetic month in the stock market. The S&P 500, an indicator as to how the stock market is performing, was up almost 2.3% for the month. The Dow Jones, another large index, was up about 1.8%, at an all-time high. Meanwhile, the Nasdaq Composite-listed technology companies …
What's Up with COSCO? Imagine having to build not just one but 42 brand-new ships! That's the current scenario being carried out by COSCO Shipping, one of the largest shipping companies in China. COSCO, being a Chinese-government-owned company, just decided to go big with their future. It is placing a huge order for 42 new …
Is it just me, or does it feel like Amazon has placed you in some sort of endless loop? That's all I have been thinking since I canceled my Amazon Prime. Whatever I do, somehow, Amazon just keeps trying to get me hooked again. Every time I try to make a purchase, this big screen …
What if you imagine logging on to a bank application to access statements of your most recent transactions, and all one can see on the screen is total darkness? Well, that is what most of Lloyds Banking Group's customers went through today. From the wee hours, people started reporting problems with the bank's online services. …
Imagine winning a huge prize by buying a lottery ticket on the first try! That is just what happened this month to two very fortunate Premium Bonds holders here in the UK. In an amazing turn of events, the two combined to scoop up a whopping £100,000 each from the first ever-draw with bonds purchased …
Most motorists with purely petrol and diesel cars know very little about electric vehicles. Well, it looks like their knowledge is actually quite abysmal, a new survey reveals. In this survey, the nonprofit group Energy and Climate Intelligence Unit has asked 10 questions related to EVs to 1,000 UK drivers of petrol and diesel cars …
For the first time in its 87-year history, Volkswagen - popularly known as VW - is contemplating the shutdown of some factories in Germany. A shocker it was, considering from its birth in 1937, it had never shut down a single plant in its home country. However, with increasing costs and pressure to shift to …
The UK government plans to increase a special tax levied on the profits of oil and gas companies, known as the Energy Profits Levy-often called the "windfall tax." It is expected to rise to 38% from 35% on November 1st. That will mean energy companies working in the UK will pay even more taxes on …
