Metro customers pulled £500m after accounting error

Metro customers pulled £500m after accounting error

Rattled depositors pulled more than £500 million from Metro Bank immediately after its accounting blunder, the embattled bank has said. Deposits fell
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Beyond Meat raises the price range for its IPO

Plant-based meat maker Beyond Meat increased the expected price range and size of its initial public offering, ahead of an expected market debut on Thursday. The company said it expects to offer 9.63 million shares, up from 8.75 million shares. The initial …
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Wesfarmers announces plan to acquire lithium miner Kidman Resources

The Kidman Resources Ltd (ASX: KDR) share price is likely to rocket higher this morning after Wesfarmers Ltd (ASX: WES) made a proposal to acquire the lithium miner. What was announced? According to the announcement, Wesfarmers has entered into a …
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Asia Pacific stocks mixed; Fed's Powell hints there won't be rate cuts

Stocks in Australia and South Korea were mixed in morning trade. Markets in China and Japan are closed for holidays. U.S. Federal Reserve Chairman Jerome Powell said in a news conference that recently low inflationary pressures may only be “transitory,” …
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'Leaning Too Dovish': Wall Street Adjusts to Powell on Inflation

Bob Miller, BlackRock head of America's fundamental fixed income, told Bloomberg TV. “The market was leaning a bit more aggressively toward a
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