London equities advanced on Friday, with the FTSE 100 reaching fresh record highs amid a broad rally across European markets, even as domestic data showed UK service sector growth slowing to its weakest pace in five months. The FTSE 100 rose 59.75 points, or 0.6%, to 9,487.45 at midday, after touching a new intra-day peak
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London equities advanced on Friday, with the FTSE 100 reaching fresh record highs amid a broad rally across European markets, even as domestic data showed UK service sector growth slowing to its weakest pace in five months. The FTSE 100 rose 59.75 points, or 0.6%, to 9,487.45 at midday, after touching a new intra-day peak
24The government shutdown costs taxpayers $400 million every day to pay federal employees who are not actively working, totaling $1.2 billion as of Friday, Congressional Budget Office (CBO) data published by Sen. Joni Ernst’s, R-Iowa, office estimates. ‘Schumer’s Shutdown Shenanigans mean taxpayers will be on the hook for another $400 million today to pay 750,000
The government shutdown costs taxpayers $400 million every day to pay federal employees who are not actively working, totaling $1.2 billion as of Friday, Congressional Budget Office (CBO) data published by Sen. Joni Ernst’s, R-Iowa, office estimates. ‘Schumer’s Shutdown Shenanigans mean taxpayers will be on the hook for another $400 million today to pay 750,000
24US stock markets fell sharply on Friday after President Donald Trump threatened a “massive increase of tariffs on Chinese products,” accusing China of “becoming very hostile” with its restrictions on rare earth metals. The metals are critical for both the tech and defense industries, and the remarks immediately triggered a broad market sell-off, erasing early
US stock markets fell sharply on Friday after President Donald Trump threatened a “massive increase of tariffs on Chinese products,” accusing China of “becoming very hostile” with its restrictions on rare earth metals. The metals are critical for both the tech and defense industries, and the remarks immediately triggered a broad market sell-off, erasing early
23Wellgistics Health Inc (NASDAQ: WGRX) more than tripled this morning after announcing a non-binding letter of intent with Datavault AI Inc. (NASDAQ: DVLT). The initiative dubbed “PharmacyChain” will integrate blockchain-enabled smart contracts into its prescription drug tracking system. In short, it aims at digitising the journey of a prescription from issuance to fulfilment. While the
Wellgistics Health Inc (NASDAQ: WGRX) more than tripled this morning after announcing a non-binding letter of intent with Datavault AI Inc. (NASDAQ: DVLT). The initiative dubbed “PharmacyChain” will integrate blockchain-enabled smart contracts into its prescription drug tracking system. In short, it aims at digitising the journey of a prescription from issuance to fulfilment. While the
23Electronic Arts (EA), one of the world’s largest video game publishers, is set to be taken private in a $55 billion deal led by a consortium that includes Saudi Arabia’s Public Investment Fund (PIF), private equity firm Silver Lake, and Affinity Partners, the investment firm founded by Jared Kushner. The deal ranks among the largest
Electronic Arts (EA), one of the world’s largest video game publishers, is set to be taken private in a $55 billion deal led by a consortium that includes Saudi Arabia’s Public Investment Fund (PIF), private equity firm Silver Lake, and Affinity Partners, the investment firm founded by Jared Kushner. The deal ranks among the largest
23Intel shares gained 6% on Wednesday after Semafor reported the company is having preliminary discussions to bring Advanced Micro Devices (AMD) on board as a customer for its chip-manufacturing operations. If a deal materializes, it would represent a significant vote of confidence in Intel’s efforts to revive its manufacturing division after years of lagging behind
Intel shares gained 6% on Wednesday after Semafor reported the company is having preliminary discussions to bring Advanced Micro Devices (AMD) on board as a customer for its chip-manufacturing operations. If a deal materializes, it would represent a significant vote of confidence in Intel’s efforts to revive its manufacturing division after years of lagging behind
23Alphabet Inc.’s Google has become the first company in the UK to be formally designated with “strategic market status” (SMS) by the Competition and Markets Authority (CMA). The new designation gives the regulator powers to monitor and control how Google operates its online search and advertising businesses, marking a major shift in how Big Tech
Alphabet Inc.’s Google has become the first company in the UK to be formally designated with “strategic market status” (SMS) by the Competition and Markets Authority (CMA). The new designation gives the regulator powers to monitor and control how Google operates its online search and advertising businesses, marking a major shift in how Big Tech
23A new and dangerous flaw has sent a fresh shockwave through the German auto giant BMW AG, forcing it to recall at least 331,000 vehicles in the latest chapter of a deepening and costly quality control crisis. The move, prompted by a defect in the starter motor that can lead to a vehicle fire, is
A new and dangerous flaw has sent a fresh shockwave through the German auto giant BMW AG, forcing it to recall at least 331,000 vehicles in the latest chapter of a deepening and costly quality control crisis. The move, prompted by a defect in the starter motor that can lead to a vehicle fire, is
23Senate Democrats again blocked Republicans’ short-term funding extension Tuesday afternoon, further increasing the odds of a partial government shutdown and thousands of federal workers going without paychecks. Democratic lawmakers in the upper chamber, led by Senate Minority Leader Chuck Schumer, D-N.Y., banded together to vote against the GOP’s continuing resolution (CR), a move that marked
Senate Democrats again blocked Republicans’ short-term funding extension Tuesday afternoon, further increasing the odds of a partial government shutdown and thousands of federal workers going without paychecks. Democratic lawmakers in the upper chamber, led by Senate Minority Leader Chuck Schumer, D-N.Y., banded together to vote against the GOP’s continuing resolution (CR), a move that marked
23Shares of Critical Metals (CRML) surged more than 75% in premarket trading on Monday after reports surfaced that the US government is in discussions to take an equity stake in the New York-based mining company. The potential stake would give Washington a direct interest in Greenland’s Tanbreez project — one of the world’s largest rare
Shares of Critical Metals (CRML) surged more than 75% in premarket trading on Monday after reports surfaced that the US government is in discussions to take an equity stake in the New York-based mining company. The potential stake would give Washington a direct interest in Greenland’s Tanbreez project — one of the world’s largest rare
