Supermarket shares nosedive over Amazon Whole Foods deal

Shares in British supermarkets suffered this afternoon because it was revealed US on-line large Amazon is to takeover middle-class favorite Whole Foods. The deal, value $13.7billion, is the web large’s greatest foray into the grocery sector to ...
  • June 18, 2017

Swiss central bank blames strong currency for weak growth

Switzerland’s central bank has blamed the strong Swiss franc for leaving the nation trailing the eurozone’s financial restoration and mentioned it might keep in place an ultra-loose financial stance that has lasted greater than two years. Thomas Jord...
  • June 18, 2017

MARKETS CLOSE: Amazon announces Whole Foods takeover

By Alex Sebastian For This Is Money Published: 03:35 EDT, 16 June 2017 | Updated: 12:08 EDT, 16 June 2017 The FTSE 100 closed up 44.18 factors at 7,463.54, however supermarkets took a knock on information Amazon is to take over upmarket US grocer Who...
  • June 18, 2017

An independent Federal Reserve has never been more crucial

This week, the Federal Reserve, as anticipated, raised interest rates by 1 / 4 of a share level. The transfer was probably mistaken — there may be treasured little signal of wage or worth inflation, which have each constantly undershot expectations —...
  • June 18, 2017

DAILY BRIEFING: SSE boss’s pay rises 72% to £2.9m

By City & Finance Reporter for the Daily Mail Published: 16:50 EDT, 16 June 2017 | Updated: 16:50 EDT, 16 June 2017 Payday: SSE boss Alistair Phillips-Davies’s pay rose 72% to £2.9m within the yr to March 31 SOARING PAY The boss of power la...
  • June 18, 2017

Investors pour $30bn into global ETFs

Exchange traded funds took in additional than $30bn of their strongest week this yr, led by US fairness funds as main market benchmarks hit new highs, in line with EPFR Global. Investors poured $31.6bn into ETFs globally within the week ending on Wed...
  • June 18, 2017

Greece and creditors reach deal on next part of bailout

Greece and its worldwide creditors have reached a deal on the next phases of Athens’ €86bn bailout, eradicating the danger that it might default on greater than €7bn in debt repayments that fall due next month. The deal ends months of uncertainty whi...
  • June 18, 2017

MARKET REPORT: BT slides on TV football warnings

Shares in BT dipped yesterday amid fears the telecoms large was overpaying for content material on its sports activities channels. It was among the many largest losers within the FTSE 100, behind solely Anglo American and British supermarkets taking ...
  • June 18, 2017

austerity poster child or “beautiful freak”?

June 16, 2017 Alphachat is the conversational podcast about enterprise and economics produced by the Financial Times in New York. Each week, FT hosts and friends delve into a brand new theme, with extra wonkiness, humour and irreverence than you may ...
  • June 18, 2017
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