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Tag: fears

Pound slides amid fears over no-deal Brexit

Pound slides amid fears over no-deal Brexit

Business
The pound has fallen sharply against the US dollar on renewed worries about the political turbulence around Brexit. Sterling slipped by more than a cent to less than $ 1.29 during overnight trading on Asian markets and the declines were extended later as London opened, taking the currency close to $ 1.28 and about 1% lower on the day.It came amid weekend reports that more ministers were on the verge of quitting the government and added to falls for the currency at the end of last week, before which the pound had been trading at more than $ 1.31.Sterling has been gripped by volatility amid uncertainty about whether the UK will leave the EU next March without a trade deal in place.Credit ratings agency Moody's said on Monday that the risk of a no-deal withdrawal had risen. ...

Fears Finally Catch Up to the Market

Finance
[unable to retrieve full-text content]Remember the October episode of the Zacks Ultimate Strategy Session is now available for viewing Don t miss your chance to hear Neena Mishra CFA FRM and Ryan McQueeney Agree to Disagree on whether investors should buy pot stocks now Sheraz Mian answers your questions in Zacks Latest Articles in
Debenhams shares hit by insurance fears

Debenhams shares hit by insurance fears

Business
Shares in Debenhams fell more than 5% before recovering following reports that some insurers have reduced cover for its suppliers.The Sunday Times said the retailer was facing "a cash crunch" because some credit insurers had tightened their terms for Debenhams suppliers.Suppliers use credit insurance to cover them from the risk of not being paid.However, Debenhams reiterated that its balance sheet and cash position were "healthy".The retailer, which is in the midst of a turnaround plan designed to cut costs and boost sales, said its relationship with credit insurers was "constructive" and all were continuing to provide cover to its suppliers.One major insurer, Euler Hermes, is understood to have reduced the amount of credit insurance it will provide.Meanw...
FTSE 100 hits record as trade war fears ease

FTSE 100 hits record as trade war fears ease

Business
The FTSE 100 has surged to a new record high as investors welcome the announcement President Trump's planned trade war with China is "on hold". A series of factors helped push values up at the open on Monday - the index rising 0.5% and comfortably above the 7,800 point barrier in early trading which took a lead from Asia.Chief among them, analysts said, was the US decision to postpone $ 150bn of threatened tariffs on Chinese imports amid apparent progress in negotiations between Washington and Beijing.Further evidence of progress in securing a new government in Italy, after months of talks, was cited too. Image: US Treasury Secretary Steven Mnuchin said the trade war was 'on hold' While the announcement signa...
Hollyoaks babe admits vagina fears in bizarre Twitter confession

Hollyoaks babe admits vagina fears in bizarre Twitter confession

Entertainment
The actress, who plays Ellie Nightingale in the hit Channel 4 soap, took to Twitter to reveal she's concerned about using tampons during her period.US presenter and wife of John Legend Chrissy Teigen  initially tweeted her issues with the sanitary product prompting her 10.4 million followers."Not to be all hippie dippy but it’s wild that we spray cotton with pesticides to keep up with demand then shove that cotton up our vaginas," she wrote.Minutes later Chrissy added: "We really hate the earth and our bodies. I gotta stop watching docs this is depressing."Maybe the cotton is stripped of the chemicals? I don’t know. I’m merely a doc viewer.INSTAGRAMTONED: Sophie Porley shows off her impressive figure in a holiday snapTWITTERCONCERN: Sophie Porley appeared worried about her lady parts