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Shares in Allbirds surge after maker of wool sneakers announces pivot to AI

www.silverguide.site – Rebrand as NewBird AI sent shares up 582% in bizarre and rapid turnaround for firm that had fallen on hard times…
Shares in Allbirds surge after maker of wool sneakers announces pivot to AI

Wall Street scales fresh record high as investors bet on end of Iran war

www.silverguide.site – The S&P breached 7,000 points for the first time in history, in a rally that erased stark losses incurred at start of war…
Wall Street scales fresh record high as investors bet on end of Iran war

UK’s largest housebuilder to buy less land in blow to Labour’s homes target

www.silverguide.site – Barratt Redrow blames effects of Iran war and expected impact on mortgages and costs for further reduction…
UK’s largest housebuilder to buy less land in blow to Labour’s homes target

Gina Rinehart has been forced to share her riches. But will she fight on or end the family feud?

www.silverguide.site – A 15-year court battle costing millions of dollars ended in a partial defeat for the tycoon. Will she now bury the hatchet or double down and keep fighting her children and rivals?…
Gina Rinehart has been forced to share her riches. But will she fight on or end the family feud?

This chart on oil prices shows why Qantas and Virgin are cutting flights and raising fares

www.silverguide.site – Price of jet fuel has climbed by 125% since start of Iran war – giving Qantas and Virgin a big challenge as fuel accounts for a fifth of expenses…
This chart on oil prices shows why Qantas and Virgin are cutting flights and raising fares

The IMF refuses to name the cause of this global chaos. It starts with ‘Donald’ and ends in ‘Trump’ | Greg Jericho

www.silverguide.site – The International Monetary Fund remains stuck in a situation where the biggest concern about inflation is wages…
The IMF refuses to name the cause of this global chaos. It starts with ‘Donald’ and ends in ‘Trump’ | Greg Jericho

Trump threatens to fire Fed chair Jerome Powell amid pressure campaign

www.silverguide.site – US president says he has ‘held back’ on firing the head of the Federal Reserve leading up to end of Powell’s term in May…
Trump threatens to fire Fed chair Jerome Powell amid pressure campaign

Norwegian group in talks to buy former Liberty Steel works in South Yorkshire

www.silverguide.site – UK official receiver understood to prefer Blastr as buyer for SSUK’s electric arc furnace in Rotherham and site in Stocksbridge…
Norwegian group in talks to buy former Liberty Steel works in South Yorkshire

Trump’s push to cut interest rates has echoes of ‘banana republic’, says Yellen

www.silverguide.site – Former US Fed chair says lowering rates to reduce debt service cost can lead to inflation getting out of control…
Trump’s push to cut interest rates has echoes of ‘banana republic’, says Yellen

Aegon offloads 200-year-old UK business to Standard Life for £2bn

www.silverguide.site – Deal will create pensions and savings group with 16m customers and £480bn of assets, while Aegon focuses on US…
Aegon offloads 200-year-old UK business to Standard Life for £2bn

Gina Rinehart’s son says he wants to be a ‘united family’ in olive branch to mother after court ruling

www.silverguide.site – John Hancock welcomes findings on ownership of mines and companies although judge says dispute should be determined in private arbitration …
Gina Rinehart’s son says he wants to be a ‘united family’ in olive branch to mother after court ruling

AA driving schools ordered to refund 80,000 learner drivers over hidden fees

www.silverguide.site – UK motoring group fined £4.2m for not showing full price of lessons at time of booking…
AA driving schools ordered to refund 80,000 learner drivers over hidden fees

IMF calls for countries to economise on energy supplies, and hails UK’s budget deficit improvement – as it happened

www.silverguide.site – Rolling coverage of the latest economic and financial news, as IMF managing director Kristalina Georgieva gives a press conference in Washington DC…
IMF calls for countries to economise on energy supplies, and hails UK’s budget deficit improvement – as it happened

Gina Rinehart’s Hancock Prospecting to pay hundreds of millions’ worth of royalties to rival family in ‘half loss half win’

www.silverguide.site – Landmark ruling finds Wright Prospecting successfully made out its contractual claim to 50% of past and future royalties from Hope Downs iron ore project…
Gina Rinehart’s Hancock Prospecting to pay hundreds of millions’ worth of royalties to rival family in ‘half loss half win’

Air New Zealand's economy Skynest bunk beds set for launch

www.silverguide.site – Passengers can book a four-hour session in the bunk beds from May for Auckland-New York flights but airline cautions against smuggling in children…
Air New Zealand's economy Skynest bunk beds set for launch

Lidl and Iceland ads are first banned under new UK junk food rules

www.silverguide.site – ASA rules ads on Instagram and Daily Mail website broke ban on promoting items high in fat, salt and sugar…
Lidl and Iceland ads are first banned under new UK junk food rules

South East Water chief executive to forgo his bonus over ‘unacceptable outages’

www.silverguide.site – David Hinton will only receive his £400,000 salary this year after thousands of customers were left without water…
South East Water chief executive to forgo his bonus over ‘unacceptable outages’

Jamie Dimon says private credit defaults are not threat to major banks

www.silverguide.site – Recent losses on loans in relatively unregulated sector are not a systemic risk to financial sector, says JP Morgan boss…
Jamie Dimon says private credit defaults are not threat to major banks

UK steel exports to EU at risk as bloc doubles tariffs and halves quotas

www.silverguide.site – Decision to reduce duty-free quotas by 47% aimed at curbing Chinese imports…
UK steel exports to EU at risk as bloc doubles tariffs and halves quotas

Iran war escalation could trigger global recession, IMF warns

www.silverguide.site – Growth forecasts cut for US and global economy, while UK suffers sharpest downgrade in G7…
Iran war escalation could trigger global recession, IMF warns
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