Hot Off The Wires - 23 September 2019

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Hot Off The Wires - 23 September 2019

News.

  • Thomas Cook collapses, leaving 650,000 tourists stranded.

  • M&S has reduced prices for bread, milk and other staples as it prepares to launch a delivery service.

  • The Bank for International Settlements has warned of the “troubling” rise of negative-yielding bonds to more than $17 trillion and sounded a further alarm over the growth in securitisation similar to that which caused the financial crisis.

  • Goldman Sachs is planning to launch a stocks and shares Isa in the UK that will pit it against Hargreaves Lansdown and AJ Bell.

  • WeWork’s aborted listing may spell end of a “glory period” for amply-funded private companies with lofty valuations, according to the head of Capital Group.

Results

Trivia

From which US city can a person travel south into Canada?


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