Lawrence Gash

Financial News Writer for Capital.com & Currency.com - Interested in Cryptocurrencies, Fintech & the economic consequences of geopolitics

Articles by Lawrence Gash Page 7

Spain heading for yet another general election

After six months of fruitless political negotiations Spain is preparing for its fourth election in as many years.

Lawrence Gash
oil price fall
Oil falls 6% on news of speedy Saudi recovery

Following Monday’s dramatic jump, Oil prices dropped on Tuesday September 17th by more than 6%

Lawrence Gash
Britain’s largest mining operation undermined by Sirius Minerals

Sirius Minerals’ (SXX) decision today to abandon plans to raise £400m in a bond sale have delayed what would be the largest mining project in Britain and caused the value of its shares to half.

Lawrence Gash
Anheuser-Busch’s Asia IPO is back on

Anheuser-Busch InBev NV (BUD) is attempting for the second time to list its Asia business on the Hong Kong Stock Exchange (HKEX), hoping to raise $6.6bn

Lawrence Gash
WeWork postpones IPO

WeWork has shelved its planned initial public offering following a lacklustre response from investors and concerns from its major shareholders

Lawrence Gash
Apple to launch legal challenge to EU’s £13bn fine

Tech giant Apple (AAPL) will contest a landmark 13bn euro (EUR) fine imposed on it by the European Commission for back taxes

Lawrence Gash
JPMorgan’s head of precious metals trading charged with market manipulation

Michael Nowak, the head of precious metals trading at JPMorgan has been charged by U.S. prosecutors with organising an eight-year long conspiracy to defraud customers and manipulate markets

Lawrence Gash
PayPal’s cautious attitude towards Libra

Spokesmen from PayPal have related their reticence as to the future of Facebook’s prospective digital currency Libra, according to a report from Agence France Presse (AFP).

Lawrence Gash
J D Wetherspoon: sales up, profits down

On Friday 13th SeptemberJ D Wetherspoon (JDW), the British pub group, reported a 4% drop in pre-tax profits totalling £102.5m

Lawrence Gash
German Economy Ministry sees no chance of major downturn

On Friday September 13th Reuters reported on the German Economy Ministry’s announcement that it did not foresee a significant recession in the near future.

Lawrence Gash
Fever-Tree stock unlikely to go flat

J.P. Morgan Cazenove has sung the praises of insurgent British tonic water brand Fever-Tree, starting coverage of it and awarding it an “outperform” rating.

Lawrence Gash
Dedollarisation of the global economy? China and Russia boost gold reserves

With increased fears of a looming recession, economic sanctions and ongoing trade tensions both Russia and China are adding to their gold reserves. The price of gold has risen by 18% since January 1st 2019 and is now at a six-year high.

Lawrence Gash
Chance of WeWork IPO Weakens

With its valuation in freefall and its shareholders buckling, WeWork’s Initial Public Offering (IPO) looks less and less likely to go through.

Lawrence Gash
Argentine assets tumble following return to capital controls

Embattled Argentine President Mauricio Macri imposed restrictions on U.S. dollar (USD) purchases on Sunday September 1st, in an attempt to revive the Argentine Peso (ARS) and regain control over the country’s spiralling debt crisis.

Lawrence Gash
Monday: China stocks rise firmly but global stocks slip

Chinese stocks gained on Monday following reassurances that Beijing would intervene to safeguard the economy from the effects President Donald Trump’s latest tariffs.

Lawrence Gash