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Tuesday, October 14, 2025
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MARKETS

Pound soars 2% as traders bullish on Brexit deal

The pound bounded for the second day in a row Friday as traders reacted with vigour to news that British Prime Minister Boris Johnson...

Hong Kong stock exchange drops £32bn bid for LSE

Hong Kong Exchanges and Clearing has dropped its £32 billion takeover pursuit of the London Stock Exchange Group, ending its ambitious attempt to create...

US ‘locked and loaded’ to respond to attack on Saudis, Trump says

US President Donald Trump has said that his country is “locked and loaded” to respond after a drone attack on Saudi Arabia that cut...

Donald Trump calls on US Federal Reserve to cut interest rates

Donald Trump has called on the Federal Reserve to cut interest rates by at least a full percentage point “over a fairly short period...

Wall Street takes a beating as fears of recession increase

The threat of a recession sparked a painful day in US financial markets. The yield on the closely watched 10-year Treasury fell so low Wednesday...

Pharmaceutical giant Pfizer to combine with Mylan

Pfizer is buying Mylan in an all-stock deal and combining the $10bn generic pharmaceutical company with its own off-patent branded and generic business. The Pfizer...

Bitcoin and its best rally since the 2017 bubble

This past week Bitcoin (BTC) rallied to a high of $13880, the highest its reached in value since late 2017. Some investors believe the...

Ryanair to change share buyback plans due to Brexit

Ryanair will change the way it conducts a €700m share buyback programme due to fears over a no-deal Brexit, the company said. Bosses revealed in...

Iran ‘quadruples production of enriched uranium’

Nuclear officials have revealed that Iran quadrupled its uranium-enrichment production capacity amid tensions with the US over Tehran’s atomic programme. The announcement came after US...

Asda-Sainsbury’s deal block could lead to stock market float

Walmart, US owner of Asda, has said it is “seriously considering” a stock market flotation for the UK supermarket after the chain’s deal to...

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