Interactive Investor Review for 2020

Nica

Are you looking for more information about Interactive Investor? Interactive Investor is one of the stock brokers that you can rely on. Established in 1995, it is an online investment and brokerage service provider. It is licensed and regulated by the Financial Conduct Authority (FCA) in the UK. Below is our comprehensive analysis of Interactive…

US earnings season: Hotels look to China for signs of life after lockdowns

Galina Mikova

The travel industry is suffering a devastating phase as a result of the coronavirus pandemic that has seen borders closed, air travel cancellations and business lockdowns. Marriott, which manages just under 7,000 hotels worldwide, has been noticing early signs of improving demand in China where the health crisis is being brought under control, but the…

A global health crisis and financial scandals have not curbed enthusiasm for Chinese IPOs in the US

Galina Mikova

Despite a difficult period for Chinese companies over the last month, interest in cross-border listings remains strong. Chinese initial public offerings (IPOs) in the US made up about a fifth of IPO proceeds in America in the last three months, raising $3.3bn in the first quarter, the most in three years, according to investment bank…

Cineworld stock jumps more than 50% after presenting survival plan

Galina Mikova

Cineworld revealed a survival plan which includes deferring executives’ annual salaries and bonuses for a year amid the looming coronavirus crisis, triggering a share price surge of more than 50%. The second-largest cinema chain in the world saw its shares jumped 20p to close at 59p on the London Stock Exchange on Tuesday, before giving…

IBM

IBM’s new boss plans to boost cloud computing and AI presence

Siraj Sarwar

New IBM (NYSE: IBM) boss Arvind Krishna (pictured) took over as a chief executive on Monday, and vowed to boost the 109-year-old tech company’a presence in cloud computing and artificial intelligence (AI). Krishna, 57, said the firm had to “deepen our understanding” of hybrid cloud and AI, adding that the company needs to “win the…