Business news

Darden reports a slowdown in fine dining: ‘I think this segment will...

Darden Restaurants Inc (NYSE: DRI) is slightly in the red this morning even though it reported a strong fourth quarter and issued upbeat future guidan...

Luckin Coffee stock price: risk-reward favourable as wedge forms

Luckin Coffee stock price has been a strong underperformer this year even as the company implements its turnaround. It has slipped by more than 33% fr...

As JEPI and JEPQ ETFs gain traction, are they good income investment...

Covered call ETFs are becoming extremely popular among investors. Data shows that investors have poured over $10 billion in JPMorgan Equity Premium Eq...

Amazon may soon acquire the British online grocer Ocado Group

Shares of Ocado Group PLC (LON: OCDO) jumped about 40% today after “The Times” said Amazon.com Inc (NASDAQ: AMZN) may be interested in buy...

Ocado share price spiked: 3 reasons acquirers should avoid it

Ocado (LON: OCDO) share price jumped by more than 40% on Thursday as investors cheered rumours of a potential bid for the company. It surged to a peak...

Sea of red as Lloyds, Barclays, HSBC, share prices dip after BoE

UK bank stocks continued their sell-off after the Bank of England (BoE) delivered a bigger rate hike than expected. The bank hiked by 50 basis points...

USD/PHP: Philippine peso supercharged after the rate decision

The USD/PHP exchange rate is on track for the second week of declines after the Philippine central bank delivered its interest rate decision. The pair...

DIVO vs SCHD: One is a better dividend ETF

The Amplify Enhanced Dividend (DIVO) and Schwab US Dividend Equity ETF (SCHD) are popular ETFs among retirees and income-focused investors. The two ha...

Pound to Indian rupee (GBP/INR) is ripe for a breakout: is it a buy?

The GBP to INR exchange rate soared to the highest level since 2021 ahead of the upcoming interest rate decision by the Bank of England (BoE). The pai...

Bank of England – go big or go home

Later today, the Bank of England will present its monetary policy decision. Following the inflation report released earlier in the week, the pressure...

Should you buy or sell the Swedish krona as it drops to a record low...

Given the euro area’s challenges, the European common currency (EUR) is remarkably resilient. It trades at 1.09 against the US dollar and gains...

As the NatWest share price moves to a bear market, is it a buy?

NatWest (LON: NWG) share price has been in a strong bearish trend in the past few months as concerns about the UK economy continued. The stock retreat...

UK inflation surprises to the upside, making it difficult for the BO...

Inflation remains the dominant theme in financial markets. Following the COVID-19 pandemic and the Russian invasion of Ukraine, the prices of goods an...

Frasers reveals sizable stakes in Currys and Boohoo Group

Frasers Group PLC (LON: FRAS) is in focus today after the retailer revealed to have invested in Currys and Boohoo Group PLC (LON: BOO). Frasers buys 1...

Lloyd share price: Avoid as a rare death cross pattern nears

Lloyds (LON: LLOY) share price has retreated in the past few weeks as concerns about the company continue. The stock dropped to a low of 44.82p, which...

UK update: Interest & mortgage rates to rise further as inflation &...

Sometimes I dream of a world where the word “inflation” appears in less than 98% of financial articles. Whether reading about macroeconomi...

Ocado share price is rising: Here’s why you should avoid it

Ocado (LON: OCDO) share price retreated by over 5% on Monday as concerns about the company’s investment in Karakuri continued. The stock retreat...

Nikkei 225 is on track to break above 40,000 points

Japan is a country where monetary policy is taken to the extreme. Despite inflation rising in Japan, the Bank of Japan (BOJ) did not tighten the monet...

Harbour Energy share price at risk amid new Keir Starmer threats

Harbour Energy (LON: HBR) share price has drifted upwards in the past few days even as the outlook of the energy market recoiled. The stock was tradin...

20 retail sales statistics: industry, e-commerce, public companies a...

The retail industry is a dynamic and ever-evolving sector that plays a crucial role in the global economy. Investors seeking to make informed decision...