UK

The UK and EU are trying to catch up with the US in building their respective Consolidated Tapes (CT). The US has no intention to slow down and wait for the Europeans in market data reforms. Yet, the US D.C. Circuit ruling in July 2022 weakens the already weak proposition of the SEC's governance...

McDonald's has announced its largest regional expansion in over two decades, planning to open more than 200 new restaurants in the UK. This expansion is expected to create approximately 24,000 new jobs. McDonald's stock has shown resilience, experiencing a 9% increase in August after a...

In a bold move, European budget airline, Wizz Air (OTC:WZZZY) has introduced an annual subscription pass offering unlimited flights for $550. What Happened: The “all you can fly” pass will be available at this introductory price until Friday, after which it will rise to 599 euros. The...

To gain an edge, this is what you need to know today. Hopium Dashed Note the following: Please click here for an enlarged chart of Invesco QQQ Trust Series 1 (NASDAQ:QQQ). The chart shows that QQQ has traced an island reversal. This is a bullish technical pattern. The chart shows the resistance...

The Bank of England (BoE) reduced its key interest rate by 25 basis points for the first time after over four years, bringing it down from a 16-year high of 5.25% to 5%. The Monetary Policy Committee was divided, with five members, including Governor Andrew Bailey, voting for a rate cut while four...

In Wednesday’s pre-market trading, shares of Novo Nordisk A/S (NYSE:NVO) are witnessing a fall after the U.K.’s Medicines and Healthcare products Regulatory Agency (MHRA) approved a new indication for Novo Nordisk’s semaglutide, Wegovy, to reduce the risk of heart complications or...

Gen. Sir Roly Walker, the newly appointed head of the British Army, has unveiled a strategic reform plan to bolster the military’s capabilities against potential threats from Russia, China, Iran, and North Korea within the next three years. What Happened: General Walker stressed the urgency...

On the day that the United States celebrated declaring independence from the British, the UK elected a new Labor government. Is this a coincidence – definitely yes! Bitcoin falls on temporary trading issues. Hodlers shrug and don’t panic. DKI approves and sides with the hodlers....

With U.S. markets closed for Independence Day, European stocks and currencies rose on Thursday, showing no signs of risk aversion despite the ongoing UK legislative elections. The Labour Party is expected to achieve a landslide victory, ending 14 consecutive years of Conservative (or Tories)...

Stellantis NV (NYSE:STLA) has issued a warning to the UK government, stating that it will cease vehicle production in the country if the government does not relax its electric vehicle (EV) sales targets. What Happened: Stellantis, which makes electric vans across brands like Vauxhall, Citroën,...

Shein, the fast fashion behemoth and rival to Alibaba‘s online fashion arm, reportedly filed for an initial public offering (IPO) in London. This move comes amid the company’s ongoing struggles with its U.S. IPO filing. What Happened: Shein’s confidential filing for a London IPO...

The UK’s inflation rate has finally hit the Bank of England’s target of 2%, marking the first time in nearly three years. However, this development may not be enough to prompt immediate rate cuts, according to a prominent economist. What Happened: The Consumer Prices Index rose by 2% in...

Prominent tech leaders in the UK are calling for the upcoming government to prioritize the development of artificial intelligence skills and growth-oriented fiscal measures. What Happened: The UK is gearing up for its general election on Jul. 4, and the tech industry is making its demands clear....

UK Prime Minister Rishi Sunak has called a general election to be held on July 4. If the polls are correct and recent council elections are anything to go by, the election could deliver a landslide victory to the Labour Party, currently the main opposition against Sunak’s Conservative Party....

British regulators have imposed a hefty fine on Citigroup Inc (NYSE:C) for its trading control failures. What Happened: The UK’s banking and financial regulators have penalized Citigroup with a fine of over $78.5 million for its trading system and control shortcomings, reported Reuters. The...