rallies | Common News Update

Oct182020 by adminNo Comments

France teacher attack: Rallies held to support beheaded Samuel Paty

World

President Emmanuel Macron said .css-yidnqd-InlineLink:link{color:#3F3F42;}.css-yidnqd-InlineLink:visited{color:#696969;}.css-yidnqd-InlineLink:link,.css-yidnqd-InlineLink:visited{font-weight:bolder;border-bottom:1px solid #BABABA;-webkit-text-decoration:none;text-decoration:none;}.css-yidnqd-InlineLink:link:hover,.css-yidnqd-InlineLink:visited:hover,.css-yidnqd-InlineLink:link:focus,.css-yidnqd-InlineLink:visited:focus{border-bottom-color:currentcolor;border-bottom-width:2px;color:#B80000;}@supports (text-underline-offset:0.25em){.css-yidnqd-InlineLink:link,.css-yidnqd-InlineLink:visited{border-bottom:none;-webkit-text-decoration:underline #BABABA;text-decoration:underline #BABABA;-webkit-text-decoration-thickness:1px;text-decoration-thickness:1px;-webkit-text-decoration-skip-ink:none;text...

May112020 by adminNo Comments

US stock futures are flat following back-to-back rallies on Wall Street

Finance

The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, April 26, 2020.Jeena Moon | ReutersU.S. stock futures were little changed on Monday after Wall Street posted consecutive rallies to end last week amid the prospects of the global economy reopening soon.Dow Jones Industrial Average futures implied an opening loss of less than 50 points. S&P 500 and Nasdaq 100 futures were also trading nearly flat. The S&P 500 gained more than 1% on Thursday and Friday, leading to the broader-market average's first weekly advance in three weeks. On Friday, investors shrugged off the biggest one-month job losses on record as expectations of an economic reopening outweighed the neg...

Dec242019 by adminNo Comments

Hong Kong protests: Christmas Eve rallies lead to clashes

World

Police in Hong Kong have battled pro-democracy protesters with tear gas in some of the most sustained unrest seen in the Chinese territory in weeks.Demonstrators - some wearing Santa hats or reindeer horns to mark Christmas Eve - held flashmob rallies in multiple shopping centres, while others took to the streets of a popular tourist area.Some threw petrol bombs, while police used pepper spray and batons. Hong Kong has seen six months of anti-government protests.The protests started in June over a controversial extradition bill, and have now evolved into a broader movement demanding an investigation into police brutality, and democratic reform.The territory's pro-democracy movement made unprecedented gains in local elections in N...

Sep52019 by adminNo Comments

Pound rallies while CBI welcomes ‘chink of light’ over no-deal Brexit

Business

By John-Paul Ford Rojas, business reporter The pound has enjoyed its best two-day rally in ten months as investors and business groups welcome the vote by MPs to try and stop a no-deal Brexit.The CBI described the cross-party alliance's victory over Boris Johnson as a "small chink of light for business" but warned that uncertainty would continue to hold back investment. Carolyn Fairbairn, director-general of the lobby group, called for a "spirit of compromise" in Westminster to avoid an economic crisis.Her reaction came as the pound added to gains seen on Wednesday as the House of Commons backed a law to try to avoid a no-deal scenario, reaching its highest level since the end of July.Ms Fairbairn said: "From the political turmoil a sma...

Nov142018 by adminNo Comments

Sterling rallies after May announces cabinet backs deal

Business

The pound has rallied after the Prime Minister announced she had the backing of the cabinet for her Brexit withdrawal plan.It followed a volatile day's trading while the outcome of Theresa May's five-hour meeting with cabinet colleagues remained unclear.The pound reached $ 1.30 following the announcement, having fallen to $ 1.28 in mid-afternoon.It then fell back slightly against both the dollar and the euro.British pound against US dollar Against the euro the pound had recovered to reach €1.15 before dipping back towards its opening value of €1.14.Market commentator Russ Mould at AJ Bell said investors were "using the pound as their lightning rod" to express worry and satisfaction about ...