Boeing faces a £190.1m fine and has been ordered to invest a minimum of £355m across the next three years to improve its compliance and safety programmes. These terms were not the only choice on offer for the company. Federal prosecutors offered Boeing a guilty plea or a trial on the felony criminal charge of…
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What to watch Big tech earnings: Three trillion-dollar companies report quarterly earnings on Thursday, with Apple, Amazon and Alphabet on deck. Facebook and Twitter also deliver their own earnings reports. All of those firms are firmly in the regulatory spotlight, with lawmakers investigating the role of big tech in public discourse, and the Justice Department…
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Financial stocks suffered a negative day too, with Royal Bank of Scotland, Standard Life Aberdeen and Lloyds Banking Group all closing more than 7% lower. The FTSE 250 also sank on Thursday, closing 2.3% lower, with Virgin Money UK and Crest Nicholson both posting double digit losses. FTSE 100: -3.5% Thursday, -21.8% YTD FTSE 250:…
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All three major US stock indices posted a negative day yesterday, with the tech heavy Nasdaq Composite falling furthest at -1.4%, although the index is down just 4.1% year-to-date. Information technology stocks were among the day's biggest losers, with the IT sector of the S&P 500 falling 1.4%, driven by a 2.4% decline in software…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for January 22, 2020. Markets have bounced back this morning following yesterday’s coronavirus influenced sell off. China has taken measures to contain the virus including minimising public gatherings in the worst affected areas. This is in contrast to…
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U.S. stocks looked set for a higher open on Wednesday, with the Dow set to take a shot at 20,000, following a raft of strong quarterly earnings and optimism around President Donald Trump's pro-growth policies, Reuters reported. The Trump rally had driven Wall Street to a series of record highs since November. The S&P 500…
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