MARKET REPORT: Textbook publisher Pearson pledges to pay out its dividend despite a drop in revenues By Francesca Washtell For The Daily Mail Published: 21:55 BST, 24 April 2020 | Updated: 21:55 BST, 24 April 2020 Textbook publisher Pearson has pledged to pay out its dividend despite a drop in revenues. The education group will … Read more
A rugged private island off the coast of Sicily that boasts a 17th-century watch tower and medieval ruins has hit the market for £1.7million. The island, called Isola delle Femmine, is an uninhabited, wild 37-acre atoll, almost 1,000 feet from the mainland, close to the city of Palermo. It is located within a protected marine … Read more
Housebuilders were stacking up gains yesterday as investors hoped construction workers would soon be heading back to work. Taylor Wimpey was the top riser on the FTSE 100 after it said it was still selling homes virtually, adding its order book was at £2.7billion at the end of last week, up from £2.4billion the same … Read more
A luxury mansion where Roxy Music and Pink Floyd recorded hits and where Renee Zellwegger stayed while filming Judy is back on the market for £6million after a third is slashed off the asking price. St Ann’s Court, near Chertsey in Surrey, was where Roxy Music and members of Pink Floyd, The Jam and Soft … Read more
What happens after you stop the property market? In an ironic twist for some house price watchers, who regularly deride its index as meaningless due to being based on asking prices, this week Rightmove declared its latest statistics on values, property coming to market and sales agreed were ‘not meaningful’. The pause button was pressed … Read more
The slump in demand for electricity has been worse than previously thought and could knock British Gas owner Centrica hard, according to analysts at Jefferies. The utility giant was among the biggest fallers on the FTSE 100 after the US investment bank downgraded its stock from ‘buy’ to ‘hold’, slashed earnings forecasts by a third … Read more
Worse to come for ‘broken’ crude oil market as coronavirus crisis causes extreme oversupply By Francesca Washtell For The Daily Mail Published: 21:51 BST, 22 April 2020 | Updated: 21:51 BST, 22 April 2020 Oil prices sank to fresh 21-year lows before recovering as markets continued to grapple with extreme oversupply caused by the coronavirus … Read more
Rogue trader Nick Leeson ‘boasts he is doing very well on the stock market’ amid the coronavirus pandemic Leeson ‘said “markets exist through crises” after declared he is “back trading”‘ He boasted ‘we are continuing to have another few great and profitable weeks’ Leeson jailed for six-and-a-half years after Barings Bank went bankrupt in 1995 … Read more
London’s major mining companies led the FTSE 100 lower after a warning from BHP struck a nerve. The Anglo-Australian miner said global steel production – excluding China – could drop sharply this year due to the pandemic. Although it didn’t offer a specific figure, BHP said it could fall by double digits in percentage terms. … Read more
The oil industry was plunged even deeper into crisis last night after the benchmark price for US oil fell below $0 a barrel. The staggering free fall in the value of West Texas Intermediate oil, which is the reference point for buyers and sellers in North America, came as traders fretted that the world is … Read more