Concern that vaping could cause lung-related illnesses and is promoting smoking among children is causing consumers to have second thoughts and has sparked a profit warning at Imperial Brands.
Articles written by Alex Rankine
Japan: ignore the rugby and buy the stocks
Japan won’t win the Rugby World Cup. But its stockmarket could prove a winner.
Cracks emerge in corporate debt
The total value of non-financial corporate debt in the US is now almost $10trn, equivalent to half of America’s GDP.
The Federal Reserve’s interest-rate fiddling loses its effectiveness
The Federal Reserve’s widely-anticipated decision to reduce interest rates to a range between 1.75% and 2% made little impression on the markets.
US repo rate spike: an “alarming echo” of the financial crisis
A sudden shortage of liquidity the repo market last week prompted buyers to bid up prices, sending the rate as high as 10% at one point.
T Boone Pickens: the maverick who shook up Big Oil
T Boone Pickens, who died recently aged 91, was a shareholder activist before it was cool and made billions of dollars in the oil trade before becoming an unlikely proponent of green energy.
How the shock of the Saudi attack will linger over the oil market
The drone strike on Saudi oil facilities proves that the global oil supply chain is vulnerable to attack. Markets must start to price a bigger risk premium into oil.
Emerging markets bounce back after a miserable few months
Investors in emerging markets have been enjoying some long-awaited relief after a miserable few months.
Globalisation is going into reverse
It finally seems to be dawning on investors that globalisation can no longer be taken for granted.
US data and yield curve spook investors
American manufacturing is shrinking for the first time in three years. But what has spooked markets the most is the recent inversion in yield curves.
