Wirecard, once seen as a rising star in the financial technology or "fintech" sector, has lost 22 percent of its overall value since the start of 2019. At one point Wirecard's meteoric rise saw it valued at more than €23 billion ($26 billion), eclipsing Deutsche Bank. It also grew to such an extent that it replaced Germany's Commerzbank on the DAX. … [Read more...] about Wirecard: German fintech star’s shares fall after police raid Singapore offices
Stock market and shares
On top of that, stock markets are complicated beasts. The FTSE 100 is packed with global businesses earning most of their revenue overseas. By contrast the FTSE 250 is made up of smaller companies with a larger share of earnings made at home - making them more sensitive to the UK economy. … [Read more...] about What a big Boris win – or a hung parliament – means for markets
This week, data from CoreLogic showed home prices rising nationally at the fastest pace since 2013. The housing market has received a big boost from lower interest rates and people fleeing city centers in the wake of riots, looting, and months-long lockdowns. Many of the things that made city life desirable—from cultural institutions like museums, to amenities like bars and restaurants, to quick commutes via mass transportation—remain shuttered or are now seen as undesirable. Remote working, which many big-city companies now say will continue through the fall, puts a premium on having space at home to work—something that can be hard to come by in city apartments. … [Read more...] about Flight from the Cities: Zillow Stock Soars as Sales and Earnings Beat Wall Street’s Expectations
The Green Light for RealtyThe BSE Housing Index moved up a staggering 4.33 percent from the opening price of 1st Feb through the closing price of 2nd Feb. It is made up of 11 leading housing companies, including DLF, NBCC, Oberoi Realty, among others. It makes a lot of sense, therefore, to be bullish on housing when the markets react so optimistically within 48 hours. Demonetization affected housing companies severely: the BSE Housing Index fell a staggering 18 percent from November 1 through December 1. When an entire sector falls so sharply, exuberance in the markets plays a factor in it. … [Read more...] about Investors must focus on picking up right stocks post Budget
Belgrave Music Hall Variously a bar, canteen and club/gig space with a brilliant, ridiculous rooftop garden, Simon Stevens and Ash Kollakowski's Belgrave Music Hall packs a lot in – not least food. The ground floor includes not one, but two self-service kitchens, occupied by Dough Boys and Patty Smiths. The Boys serve fantastic New York-style pizza slices (from £2) and, before 7pm, these are all half price. My bravura veggie sample, Paul & Linda, with smoked mozzarella, fat caperberries, artichoke and pools of lemony-fresh salsa verde, was, at £1.40, a complete bargain. At the other end of the bar, Patty's serves superlative cheeseburgers from £5 that, dripping with cheese and meat juices (and momentarily steamed under a cloche before serving), are so soft and yielding, so plump and squishy, you could almost slurp them down. The skin-on chips are, likewise, earthy, golden and seriously moreish. On their own, they would make a godlike beer snack. The cost for … [Read more...] about Top 10 budget restaurants, bars and cafes in Leeds
Mohini VarshneyaThe Finance Minister Arun Jaitley announced the Budget for 2017-18 on February 1, 2017. Under the Annexure III to Part B of Budget Speech, certain additional revenue mobilisation (ARM) and anti-abuse measures in the area of direct taxes were announced. This included the proposal to restrict the exemption from long term capital gains in case of transfer of listed shares by providing that the exemption, subject to notification of certain exceptions, shall be available if security transaction tax has been paid at the time of acquisition of such shares where they have been acquired after October 1, 2004. … [Read more...] about Will Budget 2017-18 render ESOPs unattractive?