Connect with us

Business

CITY WHISPERS: Interest in LSE’s public-private exchange

CITY WHISPERS: Interest in LSE’s public-private exchange

 


CITY WHISPERS: London Stock Exchange boss says global companies have already expressed interest in joining his public-private exchange

London Stock Exchange boss Julia Hoggett has said global companies are already keen to join her public-private exchange – the world’s first.

According to Hoggett’s outline, it would function as a place where private companies could auction stocks, much like the traditional market.

The plan is for the “intermittent trading venue” to essentially be a halfway house between private markets and a listing that will be operational by next year.

Signature: Julia Hoggett says global companies have already expressed interest in joining the London Stock Exchange's public-private exchange

Signature: Julia Hoggett says global companies have already expressed interest in joining the London Stock Exchange’s public-private exchange

The LSE is doing all it can to energize the Square Mile and attract businesses to its platforms after a series of high-profile snubs.

One crucial factor will help its marketing: a good name. His ITV initials are obviously taken, so there’s a contest going on to come up with something lively.

In the spirit of the contest to name the research vessel eventually named the RRS Sir David Attenborough, may we suggest Floaty McFloatface?

Mega Steel Pain

Fresh pain for the steel industry last week after a failed bid for Wiltshire-based Megasteel from a company called, somewhat ironically, More Acquisitions.

Megasteel’s board had been bombarded with “abusive and threatening” vitriol by people claiming to be shareholders of More Acquisitions.

Megasteel pulled the plug after eight months of painstaking due diligence.

Whispers is hearing whispers that this has raised more than a few eyebrows among small cap followers.

Ocado tops shortest list

You gain some, you lose some. Online grocer Ocado managed to avoid being demoted from the FTSE 100 in the latest London Stock Exchange index reshuffle.

British Land was kicked out of the blue chip club and into the mid caps instead.

But Ocado found an unfortunate headline again, topping the list of the most short-sold shares in London again, according to data from the Financial Conduct Authority.

It was previously in second place behind Asos, which lost its place in the FTSE 250 during the reshuffle.

Shares of Asos have plunged this year, but a fundraising of 75 million last month reassured investors that it is no longer among the ten best-selling stocks.

Popularity draws attention at Shein

The Chinese company Shein has grown rapidly to become the most popular fast fashion brand in the world. But with great popularity comes great scrutiny.

A Channel 4 documentary broadcast last October highlighted the long working hours and derisory wages of its factory workers in Guangzhou, which the company has admitted and taken steps to address.

A new webinar titled Agile Supply Chain and the Future of the Fashion Industry features Shein Executive Vice President Donald Tang.

Will the group explain how to revamp the fast fashion industry? Probably not. We can only hope.

Sources

1/ https://Google.com/

2/ https://www.thisismoney.co.uk/money/investing/article-12155879/CITY-WHISPERS-LSEs-public-private-exchange.html

The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos

ExBUlletin

to request, modification Contact us at Here or [email protected]