Lots of big investment firms, such as hedge funds, had bet on GameStop to lose a lot of value, meaning they borrowed shares in the company and then sold them, with a promise to buy them back at a later date. This is called “short selling” or “shorting” and the idea is to make money as the share price falls.
“As far as Tesco is concerned, we have 2,100 products on our lowest price. We’re either price matching against...
Deliveroo said there were “enormous” market opportunities for expansion. “The way we think about it is simple: there are...
The UK’s biggest airline, whose services from Heathrow Airport are likely to bear the brunt of this week’s cancellations,...
In fact, he is the bank’s fifth chief executive in seven years – following in the footsteps of men...
More than 400,000 people will see their existing fixed deals end between July and September, a comparatively high number....
Nadine Houghton, national officer at the GMB union, said: “Wilko was far more than a brand, a retailer or...
“I think it’s too easy to upload an app and straight away put your name, email address, payment details...
Brent crude, a benchmark for prices, breached $95 a barrel on Tuesday amid predictions of shorter supplies, with fears...
Recent Comments