29 January

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Global debt issuance to dip to $8 trillion in 2021 – S&P Global By Reuters

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LONDON (Reuters) - The amount of debt issued by governments and companies around the world is expected to dip to $8 trillion this year, credit rating firm S&P Global (NYSE:SPGI) has estimated. The amount would be down roughly 3% from 2020's record high when countries and companies borrowed heavily to plug the holes the coronavirus left in their finances, but it would...

29 January

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Retailer Moonpig to upsize London IPO by up to 30% By Reuters

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(Reuters) - Retailer Moonpig Group will upsize its initial public offering (IPO) on the London Stock Exchange by up to 30% and price shares at the top end of a previously set range of 310 pence to 350 pence apiece, a bookrunner said on Friday. The online greetings card retailer announced plans earlier this month for a 1.2 billion pounds ($1.64 billion)...

29 January

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GameStop, Koss and AMC Soar Premarket as Brokerages Lift Restrictions By Investing.com

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By Peter Nurse Investing.com -- 'Meme stocks' - the handful of names heavily shorted by hedge funds but increasingly broadly owned by retail investors - are all sharply higher in premarket trade on Friday, January 29th, after online broker Robinhood and others said they will lift trading restrictions for this session. GameStop (NYSE:GME) stock soared 108%, Koss (NASDAQ:KOSS) stock...

29 January

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Bitcoin soars 14% after Elon Musk namecheck on Twitter By Reuters

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By Tom Wilson LONDON (Reuters) - Bitcoin jumped as much as 14% on Friday to a two-week high after Tesla Inc chief Elon Musk tagged the cryptocurrency in his Twitter biography. Musk wrote simply "#bitcoin" in his biography on the social media site. The world's biggest cryptocurrency was up 10.2% at $36,901 as...

29 January

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Britain withdraws COVID ad criticised for “1950s sexism” By Reuters

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LONDON (Reuters) - The British government withdrew a coronavirus public awareness advert that depicted women doing domestic chores while a man relaxed on a sofa and which prompted a wave of criticism that it exemplified "1950s sexism". The advert showed four households - one in which a woman holds a baby next to what seems to be an ironing board, another with...

29 January

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UK national security prevents publication of vaccine supply data – junior minister By Reuters

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By Sarah Young LONDON (Reuters) - Britain cannot publish details of the AstraZeneca COVID-19 vaccine supply contract because it would jeopardize national security, a junior minister said on Friday, as the European Union threatened drug companies over supply delays. Europe's fight to secure vaccines intensified on Thursday when the EU warned drug companies that it would use all legal means or even...

29 January

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China will not recognise British passport for Hong Kong residents By Reuters

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BEIJING/LONDON (Reuters) - China said on Friday that it would not recognise the British National Overseas (BNO) passport as a valid travel document from Jan. 31, just as Britain offered a path to citizenship to millions of Hong Kong people eligible for it. "Britain is trying to turn large numbers of Hong Kong people into second-class British citizens. This has completely changed...

29 January

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From broker notes to memes: how the stock market went viral By Reuters

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By Colm Fulton Stockholm (Reuters) - "Stocks only go up", concludes a video montage of televangelists, dancing Ghanaian pallbearers, and Donald Trump's personal pastor repeatedly saying she can hear the "sound of victory". The tongue-in-cheek meme, designed to characterise bullish stock market sentiment when news of Pfizer (NYSE:PFE) BioNTech’s successful COVID-19...

29 January

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Novacyt shares tumble despite 2000% revenue increase By Investing.com

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By Samuel Indyk Investing.com – Novacyt (LON:NCYT), the Anglo-French pharmaceutical company, saw shares fall sharply on Friday after providing its FY20 update. Despite announcing a revenue increase of over 2000% YoY, focus is on the outlook after the recent surge in its share price. The company agreed a deal with the UK’s Department of Health and Social Care in September last year to...

29 January

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London’s FTSE 100 set for worst week since October on lockdown worries By Reuters

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By Shashank Nayar and Amal S (Reuters) - The FTSE 100 fell on Friday and was set to record its worst week since October, as stalled vaccine rollouts and lockdowns to curb the spread of contagious new coronavirus strains kept investors from jumping into riskier assets. The blue-chip FTSE 100 index dropped 0.9%, with energy and mining stocks being top drags for...

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Global debt issuance to dip to $8 trillion in 2021 – S&P Global By Reuters

Retailer Moonpig to upsize London IPO by up to 30% By Reuters

GameStop, Koss and AMC Soar Premarket as Brokerages Lift Restrictions By Investing.com

Bitcoin soars 14% after Elon Musk namecheck on Twitter By Reuters

Britain withdraws COVID ad criticised for “1950s sexism” By Reuters

UK national security prevents publication of vaccine supply data – junior minister By Reuters

China will not recognise British passport for Hong Kong residents By Reuters

From broker notes to memes: how the stock market went viral By Reuters

Novacyt shares tumble despite 2000% revenue increase By Investing.com

London’s FTSE 100 set for worst week since October on lockdown worries By Reuters

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