#financial-news

#financial-news

Interest rates in the UK have been cut to 4.75% to control inflation and encourage borrowing.

The recent drop in inflation influenced the Bank's decision on interest rates.

Santander will retain its operations in the UK, according to CEO Ana Botin, despite recent concerns about lower profitability.

Boeing is raising $10 billion due to a machinists' strike and impending layoffs.

Robinhood's media arm Sherwood has reduced staff to streamline operations amidst industry-wide layoffs.

Icahn Enterprises has lost over 75% of its value, alarming Wall Street investors and raising concerns about the company's future.

The S&P 500's potential 26% annual return highlights a bullish sentiment, yet raises concerns about overexposure and market valuations.

Trump's stake in Trump Media was transferred to a revocable trust, leading to a drop in company shares.

The $100 billion club lost three members due to stock market declines, decreasing its count to 12.

Trump Media's stock has experienced significant volatility, especially after recent key developments.

The Independent prioritizes factual journalism on vital societal issues and believes in sharing its reporting without paywalls.

The Independent emphasizes the importance of accessible journalism during critical events, highlighting financial news and global issues impacting markets.

The Independent is committed to providing accessible journalism during critical times.

Hornby is selling a loss-making subsidiary to improve profitability.

The Independent focuses on providing accessible journalism amidst critical societal issues, emphasizing diverse perspectives and the importance of informed reporting.

The Independent delivers crucial, unbiased journalism on pressing issues, accessible to all without paywalls.

Giant Bicycles acquires Stages Cycling for $20.1 million to enhance its cycling ecosystem and data capabilities.

SoftwareOne's talks to acquire Crayon Group signify a major opportunity for expansion in Europe, though a final transaction is not guaranteed.

Bitcoin (BTC) surpassed $65,000 in European morning hours on Monday, nearing its previous all-time high of $69,000 set in November 2021.

BTC and CD20 index saw significant gains with BTC up by over 6% in the last 24 hours and CD20 increasing by 5.6% in the same period.

Stock splits are experiencing a resurgence in 2024, offering potential opportunities for investors.