$100bn wiped off Nvidia amid tech bubble fears – latest updates Jump to content
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Tour of Britain in Suffolk: What you need to know
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Tag: Dow Jones Industrial Average
Tech bubble fears grow as Nvidia shares slump
Nvidia’s stock dropped sharply last night despite the chipmaker more than doubling sales to a record $30bn (£22.8bn) in a reaction that will fuel fears of a tech bubble. Shares in the world’s second-largest publicly traded company lost as much as 8pc in fluctuating trading after its quarterly results were released on Wednesday night. The...
Reeves paves way for tax rises after £3bn borrowing surge
The spending watchdog said higher pay deals for public sector workers were a key factor. “The difference with our forecast profile is driven primarily by higher-than-forecast consumption spending by government departments (£5.8bn), which appears related to strong growth in public sector pay,” the OBR said. Darren Jones, chief secretary to the Treasury, said the borrowing...
Trump’s social media company falls to lowest level since float
Trump’s social media company falls to lowest level since float Jump to content
Gold prices hit record high
Thanks for joining me. We begin the day with a look at retail sales, which bounced back in Britain last month. The Office for National Statistics said retailers’ sales volumes were up 0.5pc in July compared to June, following a slump of 0.9pc the previous month. 5 things to start your day 1) Rachel Reeves...
AstraZeneca becomes Britain’s first £200bn company
Thanks for joining us. Britain remains gripped by a worklessness crisis as the number of people out of employment and not looking for a job hit a 13-year high. More than 9.5m people were classed as economically inactive in the three months to June, according to the Office for National Statistics, which was the highest...
Global stocks plunge amid fears of US ‘collapse’ – latest updates
Global stocks plunge amid fears of US ‘collapse’ – latest updates Jump to content
House purchases delayed by ‘global payments issue’
House purchases have been delayed by a glitch with a global payment system that left banks unable to transfer large sums of money. The Bank of England said on Thursday it had suffered a temporary outage to its CHAPS interbank payment system, which handles more than £360bn on an average day. The Clearing House Automated...
Britain to be fastest growing major European economy, IMF predicts
Britain to be fastest growing major European economy, IMF predicts Jump to content
Reeves vows to ‘work hand-in-glove’ with business as British stocks surge
Reeves vows to ‘work hand-in-glove’ with business as British stocks surge Jump to content
Britain snubs GSK in favour of US pharma giant for RSV vaccine
The NHS has turned to US drugs giant Pfizer over its British rival GSK for vaccines against Respiratory Syncytial Virus (RSV), the winter infection known as the “silent killer” of the elderly. Officials have signed a two-year supply agreement with Pfizer for more than 3.5 million doses of its RSV vaccine for older people and...
Britain’s biggest union demands a four-day week
One of Labour’s biggest backers has called on the next government to enshrine the right to a four-day work week “for all” after members backed the idea. Unison, which represents public service workers including NHS staff and police, said delegates voted through a motion to “demand the next government takes action to ensure more employers...
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