Global markets were able to shake off the coronavirus-related fears that pervaded the markets last week. The positive sentiment returned when the Chinese government, through the Peoples Bank of China (PBoC), injected $173billion of liquidity to stave off the market impact of the coronavirus outbreak. As the week wore on, statistics issued from various countries…

Budget airline Ryanair is soaring after solid third quarter results sent its share price 4.4 per cent higher despite delays in delivery of the new Boeing 737 MAX. Ryanair reported a third quarter net profit of 88m EUR for the third quarter, compared to a 66m EUR loss in the same period of the previous…

Luxury brand Mulberry saw its shares soar more than 11 per cent this week after Sports Direct owner, Mike Ashley, bagged a 12.5 per cent stake in the firm. Shareholders are probably hoping the buy-in from prolific entrepreneur Ashley will be the shot in the arm the brand needs after a troubled few months. In…

Coronavirus has hit the luxury fashion industry as concerns about disruption has sent both Michael Kors owner, Capri, and Burberry shares plummeting. Capri, which owns Michael Kors, Versace and Jimmy Choo, has been forced to close 150 of its 225 Chinese stores and its shares have fallen almost six per cent to $£31.34 at the…

This week began with a renewed selloff in global stock markets, sending virtually every major stock index lower. The UK 100 was not immune to the coronavirus-induced selloff, which prompted the UK Index to experience probably the biggest weekly drop in months. Throughout the week, risk-off sentiment was fully at play as investors worried about…

Telecoms giant, BT, has seen its share price slip 4.6 per cent after it released disappointing third quarter results that were slightly below expectations. Revenue for the third quarter has declined three per cent and core earnings have fallen four per cent leaving the telecoms operator’s share price at 163.80p at the time of writing….