What was the driving force behind Cazoo’s crash?
Cazoo fell into administration last week, after cutting 728 jobs earlier this year. The news came just three years after the digital used car retailer was listed on the New York Stock Exchange for $8b
FTX Cleanup continues as Co-CEO sentenced
Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. One of Sam Bankman-Frie
FTSE 100 today: London markets set to open lower as rate cut anxiety weigh
Rate cut anxiety triggers Asian stock slump, mirroring Wall Street. Salesforce drops 15%. Focus shifts to US Q1 GDP and Auto Trader.
London retains title as tech capital of the world as Oxford and Cambridge close in on New York
A closely-watched league table has once again named London the tech capital of the world, while Oxford and Cambridge are closing in on New York.
EUR/USD Latest – ECB Set to Cut Rates Next Week Despite Rising German Inflation
German inflation grew on an annualised basis, data released today showed, but the market still believes that the ECB will start cutting interest rates next week
British Pound Edges Up Vs USD, Market Looks To US PCE Numbers As Next Big Clue
GBP/USD managed to hold up on Wednesday in Europe despite a sparse data sheet. Still, it’s looking less comfy at the highs
FTSE 100, DAX 40 and S&P 500 look to be short-term under pressure
Outlook on FTSE 100, DAX 40 and S&P 500 amid ‘US rates higher for longer’ spiel.
Market Latest – Nvidia (NVDA) Surge Helps the Nasdaq 100 Post a Fresh Record High
AI mega-stock Nvidia leapt by 7% in US trade, helping push the Nasdaq 100 to a fresh record closing high. The US dollar remains subdued ahead of Friday’s US inflation release.
Oaknorth: London looking ‘less attractive’ than peers as listing destination
The boss of Oaknorth has said London’s public markets are looking “less attractive” than their international peers in a signal of the bank's thinking as it plans for a potential IPO.
FTSE 100 today: London markets set to open lower amid US rate cut and domestic political uncertainty
Asian markets fell on inflation fears, IMF raised China's growth forecast. Investors await Fed speeches, Beige Book, Friday's PCE index.