GSK and Unilever join ranks facing shareholder backlash over bonus plans
GlaxoSmithKline and Unilever have joined the ranks of companies facing shareholder backlashes, as advisory groups urge to vote down “excessive” pay packets. GSK and Unilever risk coming…
How a faceless army of shareholder advisers is pushing a Left-wing agenda in the City
In 1972, Robert Monks had an epiphany. Staying at a motel overlooking the Penobscot River in a small town in Maine, the wealthy Bostonian, woken by a…
Stock markets don’t react to war in the way you’d expect
There have been a few wild trading sessions along the way, but overall it has not made a lot of difference. If you just looked at the…
Almost $200bn wiped off Moscow shares in fifth-worst market rout
Shares on the Moscow stock market lost a third of their value in one of the worst collapses in history on Thursday while Russia’s central bank scrambled…
Time to buy ‘exceptionally cheap’ London-listed shares, says JP Morgan
Morgan Stanley expects Brent crude oil to hit $100 a barrel later this year, which would benefit energy giants such as Shell and BP – two of…
Oil prices post biggest rise for 12 years as global economy roars back
Oil prices have posted their biggest annual gains in 12 years after investors bet that surging omicron cases will not be enough to derail the global economic recovery. US oil,…
FTSE 100 hits 22-month high as investor fears over omicron subside
The FTSE 100 plunged 14pc in 2020 but is now closing in on its best year in more than a decade after rebounding 15pc in 2021. The…
Super-Covid variant spooks markets – but ministers must hold their nerve
It has more than 30 mutations, the most ever recorded and double the number found in the Delta variant. It could be more vaccine resistant and transmissible…