Brexit deal hangs in the balance, AstraZeneca announces $39bn deal

Yesterday evening, prospects of a Brexit trade deal increased as talks were extended beyond a Sunday deadline, with both sides agreeing to “go the extra mile” to overcome substantial differences in position. The main sticking point is the need to satisfy European Union demands for fair business competition, according to the FT. Last week, theContinue reading “Brexit deal hangs in the balance, AstraZeneca announces $39bn deal”

Tesla surges 7% to pass $600bn market cap marker

On Monday Tesla’s share price jumped by 7.1%, making it the sixth company in history to pass $600bn in market cap. That places the electric car maker in elite company, alongside Amazon, Facebook, Apple, Alphabet (Google) and Microsoft. Bullish views from analysts, along with continued appetite for technology shares, have driven Tesla’s share price upContinue reading “Tesla surges 7% to pass $600bn market cap marker”

Oil holds near 12-week high, with energy stocks soaring

The price of oil held at over $43 a barrel in overnight trading on Sunday and into this morning’s European open, its highest level since early September. That follows the third straight week of gains for oil prices, as progress towards a widely available Covid-19 vaccine has raised hopes of an improvement in energy demand.Continue reading “Oil holds near 12-week high, with energy stocks soaring”

Bitcoin breaks through $18,000 closing in on all-time high

Bitcoin hit $18,488 during early hours trading this morning before pulling back slightly. The cryptoasset is now trading around $17,800 at the time of writing. It last reached such lofty levels in December 2017. Bitcoin’s market cap has also hit an all-time high of over $330 billion – higher than the previous record of $329.3Continue reading “Bitcoin breaks through $18,000 closing in on all-time high”

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