The Editorial Team |

Intu Has Fallen 64% and No Analyst Is Willing to Call a Bottom

LONDON (Capital Marketds in Africa) – How toxic is the U.K. retail sector? Consider shopping-center owner Intu Properties Plc. Intu is among the worst-performing stocks in the U.K. in 2019, having lost almost two thirds of its value, and none of the 19 analysts who cover the company recommends buying the shares. Seven analysts have hold ratings on London-based Intu, while 12 recommend selling. That’s unusual, even for a company with as many problems as Intu, given that brokers…

Great Brexit Insurance Migration Shifts $75 Billion From London

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LONDON (Capital Marketds in Africa) – London’s outsized role in the global insurance industry is being whittled down by Brexit. As much as 61 billion pounds ($75 billion) of business is shifting to rival financial centers in the European Union as a consequence of Britain’s vote to leave the bloc. And it’s happening regardless of the divorce terms. The EU’s insurance and pensions regulator has ordered every U.K.-based underwriter to transfer policies held by European clients to…

Fate of Brexit Is Up in the Air as Johnson Delivers Surprises

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LONDON (Capital Marketds in Africa) – Boris Johnson’s summer is over. The week that could determine how long he remains prime minister — and how or whether Britain leaves the European Union — is about to begin. The rules of the U.K.’s unwritten constitution are being stretched to the limit, with new precedents being set and cries of foul play arising nearly every day. Johnson’s goal is to stay in power by uniting hard-line Brexit…

Top Bingo Tips

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Do you want to become a better bingo player or increase your odds of winning when playing at Barbados Bingo? Then you have come to the right place. Be Ready For the First Ball Make sure you are settled in before the game starts. Bingo is a game where the first one who calls out bingo wins the prize/jackpot. While the chances of more than one person calling out bingo are quite slim, you do…

3D Slot Games to play

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The 3D Slot is the newest version of online slot games available at Daisy Slots, combining the thrill of the online slot game with the attraction of the most popular video game formats and graphics. Interactive 3D designs are utilized to create an enhanced user experience and compel the user to play longer and harder. Special features are used in abundance, with free spins, bonus rounds, and 3D symbols being used effectively to entrance the…

Global Banks Prepare Next Moves as Johnson Steps Up Brexit Plans

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LONDON (Capital Markets in Africa) – Global banks are preparing their staff in the U.K. for big changes as the prospect of a no-deal Brexit in October looms. JPMorgan Chase & Co., Nomura Holdings Inc. and Wells Fargo & Co. are among those taking action as the British government tries to stare downthe European Union on the terms of withdrawal, increasing the chance of a chaotic exit from the bloc that could curb access to talent and certain markets. JPMorgan…

Johnson Plan to Suspend Parliament Survives Early Court Test

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LONDON (Capital Markets in Africa) – A Scottish judge refused to block Boris Johnson’s plan to suspend Parliament, dealing a blow to lawmakers who argued that there isn’t enough time to thwart a no-deal Brexit. Judge Raymond Doherty in Edinburgh held off granting an emergency injunction against the prime minister’s plan, saying that there is time to hold more hearings on the issue next week. A Belfast court on Friday also put off a decision on…

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