The outlook at department store group Debenhams is dismal, while Mike Ashley, who owns 30% of it, has been putting his oar in. Matthew Partridge reports.
The FTSE 100 saw a sharp rise yesterday after the Bank of England cut interest rates to 0.25% and extended its quantitative easing programme. The index closed up 1.6% at 6,740.
Theresa May’s postponement of the Brexit vote has increased the chances of no deal. That’s rattled the markets. But it wouldn’t be the worst outcome. John Stepek outlines the markets’ biggest fear.
The global economic dominance of the US was supposed to be fading by now. But it’s just not happening, says Matthew Lynn.
The inverted yield curve is the latest spectre to terrify financial markets. John Stepek explains what t is, and looks at the rest of the charts that matter most to the global economy.
The FTSE 100 is at its cheapest for two years. It’s made no capital gains for almost 20. And while it could get a lot cheaper, says John Stepek, it’s looking like good value.
Global investors seem thrilled at the prospect of Jair Bolsonaro taking over the Brazilian presidency. But the optimism looks wildly overdone.
Pharma giant Glaxo is going back to basics by buying biotech company Tesaro. But was the $5bn price tag too steep? Matthew Partridge reports.
The world’s stockmarkets cheered the news that China and the US had called a ceasefire in their trade war. But we’ve been here before.
With markets having such a brutal time of it at the moment, you may feel an irresistible urge to “do something”. John Stepek explains why you shouldn’t.
The “yellow vests” riots in France have met with a typically Gallic shrug from the country’s stockmarket. That’s very telling indeed, says Dominic Frisby.
Most economic indicators are flaky at best. But the “inverted yield curve” is uncannily accurate – and we’re heading for one now. John Stepek explains what it means for you.