News / UK and world by Press Association May 22, 2018, 5:44 pm FacebookTwitterLinkedInWhatsAppEmail Sign up to our Daily newsletter The FTSE 100 hit its third record high in just one week, with stocks buoyed by signs of continued improvement in the trading relationship between the US and China. London’s blue chip index ended the day up 0.2% or 18.28 points at 7,877.45 points, marking a fresh all-time high. It pushed past Monday’s record of 7,859.17 points, having closed above 7,800 points for the first time. The FTSE 100’s previous high was logged just last Thursday. David Madden, a market analyst at CMC Markets UK, said: “Equity markets have enjoyed a good run today, as the trading relationship between the US and China continues to improve. “Beijing revealed it will cut the import levy on US cars from 25% to 15%, and this is seen as a positive given the strained relations between the two countries. “The move by the Chinese … [Read more...] about FTSE 100 hits stride with third record high in one week
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U.S. stocks tumbled, sending the S&P 500 Index to its biggest weekly loss in more than two years, on concern that a trade war and higher borrowing rates could throttle global growth. Oil surged on speculation sanctions on Iran will be re-imposed.The Dow Jones Industrial Average slumped to the lowest since November, led by losses Friday in companies as diverse as 3M Co. to Goldman Sachs Group Inc. The S&P 500 dropped to its least since the volatility-fueled meltdown in early February. Gold rallied and Treasury yields declined as investors sought safe havens.Global markets were caught in a risk-off mode after China announced retaliation against President Donald Trump’s proposed tariffs announced Thursday. China’s ambassador to the U.S. wouldn’t rule out the possibility of the Asian nation scaling back purchases of Treasuries in response to the tariffs.It’s been a miserable week for higher-risk markets globally, as a trade war edged closer, the tech sector … [Read more...] about Stocks Tumble in Biggest Weekly Decline Since 2016: Markets Wrap
FROM songwriting to stories, craft activities to nature walks - there’s plenty to enjoy in Gwent this half term. Here’s a list of events taking place on your doorstep to keep little ones entertained. NEWPORT Free story and craft sessions for children aged four to 10 years will take place at all of Newport’s libraries: Monday, February 19, Bettws Library, 11am - 12pm Tuesday, February 20, Rogerstone Library, 2.30pm - 3.30pm Wednesday, February 21, Caerleon Library, 11am - 12pm, and Ringland Library, 2.30pm - 3.30pm Thursday, February 22, Central Library, 11am - 12pm Friday, February 23, Malpas Library, 11am - 12pm Enjoy a Circus Fun Day on Saturday, February 17, 11am - 3pm, at Newport Museum and Art Gallery Songwriting sessions 11am -12pm and 1pm - 2pm Drop-in crafts and circus skills, 11.30am -1pm and 1.30pm - 3pm This family event is part of Circus 250, the national celebration of 250 years of circus in the UK. Come and view Newport’s … [Read more...] about Find plenty of half term fun for kids in Gwent
PUBLISHED: 10:17 12 February 2018 | UPDATED: 11:13 12 February 2018 Chef Richard Hughes at his newly opened Cookery School at the Assembly House. Picture: DENISE BRADLEY Archant The early months of the year are traditionally lean times for the restaurant industry, but a swathe of closures since Christmas – including the E Street Smokehouse, the Reindeer and Woolf & Bird – has prompted concern about the pressures on the sector. A chef cooking with a pan in the kitchen. Picture: Getty Images/iStockphoto A melting pot of rising costs, staff shortages and culinary competition has become a recipe for tension in Norfolk’s restaurant trade. In recent weeks the casualties have included The Reindeer on Dereham Road, the E Street Smokehouse on Exchange Street, and fried chicken restaurant Woolf & Bird, while city centre eatery The Library was relaunched in September after going into liquidation. And it is not just independent hospitality businesses finding times … [Read more...] about Special report: Why are restaurants struggling in Norfolk?
Home / News / World by Press Association 08/02/2018, 10:01 pm FacebookTwitterWhatsAppEmail Send us a story Sign up to our Daily newsletter Stocks on Wall Street plunged again on Thursday as for the second time in four days the Dow Jones industrial average sank more than 1,000 points. The two best-known stock market indexes, the Dow and the Standard & Poor’s 500, have dropped 10% from their all-time highs, set on January 26. That means they are in what is known on Wall Street as a “correction,” their first in almost two years. Stocks fell further and further as the day wore on and suffered their fifth loss in the last six days. Many of the companies that led the market’s gains over the last year have struggled badly in the last week. They included technology companies, banks, and retailers and travel companies and house builders. After huge gains in the first weeks of this year, stocks started to tumble last Friday after the labour … [Read more...] about Dow Jones plunges 1,000 points as Wall Street indexes in ‘correction’