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Friday, April 19, 2024
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Mark Zuckerberg praises ‘another good quarter’ for Facebook

Digital Desk -
Facebook is now used by more than 1.7 billion people every month, the company's latest financial results revealed. The social media site, also reported revenue...
BUSINESS

Low oil price sees BP profits plunge 44%

Digital Desk -
Profits at oil giant BP plunged 44% to US$720m in the second quarter. The slump in underlying replacement cost profit, the benchmark industry measure, comes...
MARKETS

Stocks fall on Wall Street after weeks of record-breaking trading

Digital Desk -
US Stocks fell moderately today as investors took a break after four weeks of gains that brought the market to record highs. Energy companies fell...
BUSINESS

Nintendo’s shares plunge after investors realise they don’t make Pokemon Go

Digital Desk -
Following the release of Pokemon Go the company’s shares rocketed to levels not seen since the 1980s. But now, after admitting on Friday that...
BUSINESS

FTSE gains continue after Bank of England announcement

Digital Desk -
The FTSE 100 Index continued to move ahead at the opening of trading on Friday, building on large gains made after Bank of England...
BUSINESS

Shares temporarily suspended amid major FTSE losses

Digital Desk -
The country's Brexit vote has dealt a hammer blow to heavyweight financial stocks, with some shares being temporarily suspended as the losses stack up. The...
BUSINESS

Pound continues post-Brexit slide as markets open in Asia

Digital Desk -
Sterling has continued to slide against the US dollar as trading reopened after Friday's record crash. The pound dropped to 1.3390 dollars as markets resumed...
BUSINESS

Swiss Central Bank intervenes in Currency markets amid pressure on Franc

Digital Desk -
Switzerland's central bank has said it has intervened in currency markets after the Swiss franc came "under upward pressure" after the UK voted to...
BUSINESS

FTSE pulls back as Bank of England acts to calm markets

Digital Desk -
London's top flight index pulled back from its 7% plunge after the Bank of England pledged to intervene to help shore up the markets. Bank...
#EUREF

Bank of England boss warns of post Brexit vote ‘volatility’

Digital Desk -
Bank of England governor Mark Carney has said volatility "can be expected" in the wake of the Brexit vote but said the Bank is...
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