The AIC Financial Blog

RARE OPPORTUNITY FOR CHINA’S TRADE WARRIORS

Veiled threats from Beijing that ‘rare earth’ metals could soon become a beachhead in its ongoing trade war with the Trump administration have seen the prices of local mining companies skyrocket as China’s propaganda machine gathers pace. China...

FUND MANAGERS GET COLD FEET IN MAY

According to the latest BoA Merrill Lynch survey, the last time fund managers were this nervous was just after the collapse of Lehman Brothers in 2009. As Quilter Investors, head of dealing, Maz Alamouti observes, “This is far more than just ‘sell in May...

SALESFORCE BOOKS A TABLEAU

Salesforce, the leading Customer Relationship Management (CRM) platform provider, has agreed data visualisation specialist Tableau Software. Tableau’s share price jumped by around a third on Monday (10 June), following the news. The deal could soon make the data...

UK SUFFERS WORST RETAIL SALES SLUMP ON RECORD

UK high street sales fell by 2.7% in May, the biggest slump in more than two decades driven by political and economic uncertainty. The British Retail Consortium (BRC) said the figures were the worst since it began compiling data in January 1995, and that they could...

AMAZON MOVES INTO FAST FOOD WITH DELIVEROO

British online delivery firm Deliveroo confirmed that Amazon is set to be the largest investor in its latest $575m fundraising round. Although the value of Amazon’s investment is unconfirmed, the news that the online giant has thrown its weight behind Deliveroo...

BMW PROFITS HIT BY COLLUSION ALLEGATIONS

German car marker BMW reported a 78% fall in operating profits in the first three months of 2019, as it set aside €1.4bn (£1.2bn) to cover a potential fine by EU regulators. The business issued a profit warning last month saying it faced potentially significant fines...

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