Saturday, 4 May 2024

Business

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Asian stocks plunge after U.S. losses

Asian stocks plunged on Tuesday following heavy Wall Street losses triggered by President Donald Trump’s criticism of the US central bank. Japan’s Nikkei 225 fell by an unusually wide margin of 5% to 19,155.14. The Shanghai Composite Index ended off 0.9% at 2,504.82 after being down as much as 2.3% at midday. Benchmarks in Thailand […]

Intel to get 700 million shekel grant for Israel expansion

JERUSALEM (Reuters) – Israel will give Intel Corp (INTC.O) a 700 million shekel ($185 million) grant in return for a planned $5 billion expansion of its production operations in Israel. Intel is one of the biggest employers and exporters in Israel, where many of its new technologies are developed. Earlier this year it submitted plans […]

Energy company giving all customers 4 hours of free electricity on Christmas Day

One of the country’s fastest growing energy suppliers has revealed it will give thousands of households free electricity on Christmas Day. Octopus Energy said that anyone on its Agile tariff will be able to cook their Christmas dinner without fear of racking up a bill as electricity is dropped to 0p per KWh. It said […]

Morrisons store opening and closing times across the UK on Boxing Day

The last thing you need during the busy Christmas break is to run out of something essential like bread – or booze. If you’re a Morrisons shopper who needs to pop out over the Christmas period, it’s wise to check opening hours before heading out to avoid disappointment. The supermarket chain has confirmed it will […]

Oil plunges 6 percent as economic slowdown fears grip market

NEW YORK (Reuters) – Oil prices plunged more than 6 percent to the lowest level in more than a year on Monday, pulling back sharply late in the session as fears of an economic slowdown rattled the market. U.S. crude futures CLc1 and global benchmark Brent LCOc1 hit their lowest levels since 2017 during the […]

Oil plunges 6 percent as economic slowdown fears grip market

NEW YORK (Reuters) – Oil prices plunged more than 6 percent to the lowest in more than a year on Monday, pulling back sharply late in the session as fears of an economic slowdown rattled the market. U.S. crude futures CLc1 and global benchmark Brent LCOc1 fell to the lowest since 2017 during the session, […]

Rate futures market says Fed is all but done with hikes

(Reuters) – The Federal Reserve is finished raising U.S. interest rates. That is the message emerging from the interest rate futures market as Monday’s full-blown flight from risk assets drove traders to price out nearly any prospect of further rate increases from the Fed, which raised rates again only last week. Stocks fell sharply on […]

Oil at lowest in year following global stock market tumble

NEW YORK (Reuters) – Oil fell more than 2 percent on Monday to the lowest in over a year as global stock markets tumbled under pressure from concerns about a U.S. government shutdown and worsening world economy. Crude futures have fallen by more than 30 percent so far this quarter to the lowest since the […]

Markets far from merry as stock losses extend into seventh day

LONDON (Reuters) – World stocks were set for their seventh straight day of losses on Monday, as investors nervy about the possibility of a prolonged U.S. government shutdown and a worsening global economy opted for the safety of bonds and gold. MSCI’s world equity index .MIWD00000PUS, which tracks shares in 47 countries, was 0.15 percent […]

Christms Eve opening times for Currys PC World stores across the UK

24 December – 9am – 5pm Christmas Day – Closed Boxing Day – Stores open from 9am – 6pm 27 December – Stores open from 9am – 8pm Currys will also still operate its price promise, so any customers who buy items from them that are cheaper at any other major UK retailer (including Amazon, […]