Pound Weighs on Londons FTSE 100 after BoE Hike

BoE hikes by an expected 25 bps Banks snap two days of gains Informa down after MS downgrade FTSE 100 down 0.8, FTSE 250 off 0.1 March 23 Reuters The exportoriented FTSE 100 closed down on Thursday as the pound gained after the Bank of England raised its main lending rate by 25 basis points. […]
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Block Shares Extend Losses as Hindenburg Report Weighs

March 24 Reuters Shares of Twitter cofounder Jack Dorsey39;s Block Inc fell 4 in premarket trading on Friday, a day after the payments firm39;s Cash App business became the latest target of U.S. short seller Hindenburg Research. In a report, Hindenburg has alleged that Block overstated its user numbers and understated its customer acquisition costs. The company called […]
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