YuanshengResearch
Member Login
MARKET BRIEFINGS

Market Briefings

Market developments, company updates and economic policy. Stay informed with reporting from connected financial sources.

Browse the news
Latest coverage

All news

Last updated:
The Guardian Business
FinanceEN-GB

Burnham raised safety concerns about Manchester ‘monster’ warehouse, inquiry hears

PM wrote to transport commissioner to oppose ‘megashed’ in Astley shortly before he entered No 10 Andy Burnham raised safety concerns about dozens of lorries leaving a “monster” warehouse near a primary school because there was “no safe crossing” for children, a public inquiry has heard. Concerns about the 18-metre-high “megashed” in the village of Astley, Greater Manchester, are being examined by Britain’s office of the transport commissioner. Continue reading...

Read article
Drone shots of new mega-warehouse in Astley
The Guardian Business
FinanceEN-GB

ITV to cut show budgets as UK TV and film production spend drops by more than £2bn

Broadcaster plans to make £30m in ‘temporary’ savings before inquiry into takeover by Sky ITV plans to slash its programming budget as new figures showed that spend on the production of films and prestige TV shows in the UK was down more than £2bn over the last year. The broadcaster plans to make £30m in “temporary” savings, including £25m in content and £5m elsewhere in the business. Continue reading...

Read article
Ant and Dec smile at a table with old keys and statues, in a castle setting
The Guardian Business
FinanceEN-GB

KKR and RWE are rich firms. Why do they need a UK state loan for their windfarms? | Nils Pratley

National wealth fund is to lend £1bn towards the Vanguard projects – but whether the private equity giant needed help is debatable “This major investment in UK renewables is a vote of confidence for building in Britain,” declared the prime minister. Andy Burnham is obviously correct that the two Vanguard windfarms off the coast of Norfolk are huge investments. Together, they require almost £13bn of debt financing. But he can’t claim they represent a fresh expression of confidence. The project has been on the runway since the German utility RWE, the developer, was awarded a contract to build the windfarms in January’s renewables auction. Continue reading...

Read article
A supply ship with turbines from an offshore windfarm off the coast of Norfolk
The Guardian Business
FinanceEN-GB

Labour MPs warn against weakening electric vehicle targets ahead of crunch talks

Exclusive: Cutting 2030 goal would be a ‘step backwards’, say MPs, as ministers clash over proposed reductions Labour MPs are urging the government not to weaken its electric vehicle targets as divided cabinet ministers prepare for a crunch meeting on Thursday to thrash out a compromise. Members of the climate and nature crisis caucus (CNCC) say ministers must not water down a legal requirement for carmakers to ensure that 80% of the vehicles they sell in 2030 are electric, saying doing so would be a backward step and “shortsighted”. Continue reading...

Read article
Black electric SUVs line up under an illuminated tunnel at a BYD factory
The Guardian Business
FinanceEN-GB

Nvidia hires major US law firm to investigate spying claims; UK chancellor ‘dismayed’ by budget leak – business live

Rolling coverage of the latest economic and financial news After two days of losses, Nvidia’s stock is expected to recover some lost ground today. Nvidia’s shares are up almost 5% in premarket trading, ahead of the Wall Street open in just over four hour’s time. “The FTSE 100 advanced 0.8% to 10,835, putting it ever closer to hitting the magic 11,000 level. It only needs to rise a further 1.5% to win the prize. Hitting 11,000 would have psychological benefits, and doing so could help win over naysayers who say the UK market has nothing to offer.” Continue reading...

Read article
Megaspeed's registered office located at Singapore's Ocean Financial Centre
The Guardian Business
FinanceEN-GB

Air traffic control boss says he was ‘most disliked person in the UK’ after flight chaos

Nats chief says he ‘quite enjoyed’ ignoring calls from Ryanair CEO to quit over system outages in September The boss of Nats has said he was “the most disliked person in the UK” after air traffic control systems failed twice in September, disrupting flights for hundreds of thousands of passengers. He told an aviation industry conference: “My name is Martin Rolfe, I’m the CEO of Nats – or as I like to think of myself, the most disliked person in the UK in September.” Continue reading...

Read article
Passengers queueing at Gatwick airport
The Guardian Business
FinanceEN-GB

Diesel still costing close to a ‘dismal’ £2 a litre despite oil price falls

Pump prices stay stubbornly high as leading bank official warns energy costs are likely to remain ‘elevated’ The price of diesel on UK forecourts remains stubbornly close to October’s record high of £2 despite a sharp fall in oil prices. A litre costs an average of 197p, according to the AA, which described the situation as “dismal”. By contrast, petrol has fallen 6p to 168p from the peak of 174.7p in early October. That was the highest level since August 2022. Continue reading...

Read article
A petrol station in Perthshire, Scotland, selling petrol at 196.9p a litre and diesel at 217.9p
The Guardian Business
FinanceEN-GB

Nissan reduces petrol car production as EV sales boom in China

Manufacturer says ‘shift to new energy vehicles is happening faster than expected’ and market is harsh Business live – latest updates The Japanese carmaker Nissan has said it has been caught out by accelerating sales of electric and hybrid cars in China amid a brutal price war in the world’s biggest automotive market. The manufacturer slashed its sales forecasts for China and said it would cut back on petrol car manufacturing while increasing production of battery electric vehicles and plug-in hybrids, which combine a smaller battery with a petrol engine. Continue reading...

Read article
An employee works on a Nissan Leaf EV on the production line at the factory in Sunderland
The Guardian Business
FinanceEN-GB

From blood group ID to cycle racks: I asked for little ways to fix broken Britain and the public’s ideas give me hope | Martin Lewis

There are thousands of small tips to make our country better. People know what is wrong, and it’s clear they have solutions Have you ever come across an annoying little problem and thought, “why don’t they just fix that?” If so, I want to hear from you. I’m looking for your ideas for practical, low-cost, non-controversial ways to improve the UK – whether that’s health, schools, transport, business, housing, policing, justice, tech, shopping, money – or owt else entirely. The spark for this happened just over a year ago, when I spoke at Politico’s fringe event at Labour’s conference. The key discussion was about Keir Starmer’s unpopularity. I was asked what I’d have advised the government when it took power, so I said: “Come up with 100 small things that piss people off and that you can fix, and they can see that you have fixed them.” Then I reeled off a list of small fixes for my subject area: the counterproductive way council tax debt is escalated; renaming “tax-free childcare”; and so on. Tell people their blood group at their first adult blood test. Knowing you’ve a common or rare type may make you more inclined to donate. It’s a brilliantly simple nudge that could widen the donor pool and save lives. A mandatory “AI-edited” label on property photos on estate agency sites. A “no wrong door” rule for councils and public bodies: report a problem anywhere, and they must pass it to the right place, rather than bouncing you from department to department, or from council to contractor to agency. Cycle racks on the back of buses. Cinema seating plans that clearly show aisles and walkways for disability access. A voluntary wheelie-bin sharing scheme, so neighbours with spare capacity can help stop bins overflowing. Martin Lewis is the founder of MoneySavingExpert.com and the Money and Mental Health Policy Institute charity. He has just set up the Small Ideas Initiative Continue reading...

Read article
Rubbish and recycling bins to the rear of Victorian terraced houses
The Guardian Business
FinanceEN-GB

Mini record player on track for No 1 in Christmas toy parade

Industry experts pick out tiny turntable as one of their ‘15 hottest toys’ for the festive season A record player so small it belongs at a party in a Barbie Dreamhouse is one of this year’s must-have Christmas gifts as the vinyl revival takes an unexpected turn. The £19.99 micro music set plays dinky 1.5in records and comes with an exclusive “mini vinyl” of the school disco favourite APT by Rosé and Bruno Mars. The toy makes the Toy Retailers Association’s annual DreamToys list of the 15 “hottest toys” this festive season. Continue reading...

Read article
Mini Brands Really Works Mini Vinyls Playset
The Guardian Business
FinanceEN-GB

‘I’d steal 10-15 times a day’: ex-offenders on the addictions driving prolific shoplifting

Former shoplifters say treatment and drug rehabilitation are essential to ending cycle of theft and imprisonment Police to target 500 chronic shoplifters in retail crime crackdown in England When Rhys, 34, stole goods from shops across Birmingham, he would often leave notes for the staff apologising for his actions. “I’d feel that guilty about it. I’d pass them notes, saying I’m so sorry about this,” he said. “But in the end, I was just that numb to it, and fearless as well. I’d walk in with a suitcase and ram everything into it, and not think twice about it.” Continue reading...

Read article
Rhys stands smiling with crossed arms on a Birmingham street
The Guardian Business
FinanceEN-GB

Bird flu fears prompt orders for farmers to keep poultry inside in England and Scotland

Increased risk of devastating strain means restrictions imposed for second year in a row on those keeping birds Poultry and captive birds across England and Scotland must be kept inside for the second year in a row due to an increased risk of a devastating strain of bird flu. The British government has issued an England-wide avian influenza prevention zone, meaning individuals with 50 or more poultry or captive birds must house them inside. A similar designation was made across the whole of Scotland on Tuesday. Continue reading...

Read article
Chickens in a field
The Guardian Business
FinanceEN-GB

AI datacentres plan on-site power stations on huge scale despite climate risks, research reveals

181GW of gas-fired capacity proposed for sites in US and Europe because of delays in connecting to national grids, says report Developers of AI datacentres plan to build on-site climate-destroying gas power stations on a huge scale to meet their energy demands, research reveals. Datacentres planned across the US, the UK and mainland Europe have proposals to build fossil fuel plants on-site to create 181GW of gas-fired capacity because of delays to connect to national grids, according to the findings. This is almost four times the total peak electricity demand of Great Britain. Continue reading...

Read article
Rows of illuminated server racks line a dim datacentre aisle under blue ceiling lights
The Guardian Business
FinanceEN-GB

Police to target 500 chronic shoplifters in retail crime crackdown in England

Tactics to include GPS tagging for repeat offenders, high street bans and tougher sentences Five hundred of the most prolific shoplifters across England will be targeted in a police crackdown on retail crime, with tougher sentences, high street bans and GPS tagging. The home secretary, Shabana Mahmood, said up to 17 police forces would target the repeat offenders in their area, collecting evidence of offences to secure stronger sentences and ensure they face “real consequences”, backed by an extra £2.5m in funding. Continue reading...

Read article
A police car is parked outside a large Tesco Express supermarket
The Guardian Business
FinanceEN-GB

Private renters in the UK: how difficult is the rental market where you live?

We’d like to hear from private renters about rising costs, finding somewhere to live and dealing with landlords Private renters are facing steep rent rises and a shortage of affordable properties, with growing numbers of landlords selling up. The Renters’ Rights Act, which came into force in England in May, introduced new protections for tenants, but many continue to face uncertainty about their housing. While some renters have successfully secured reductions, others are struggling with soaring costs and a highly competitive rental market. Meanwhile England’s housing courts have been overloaded with renters battling evictions. Continue reading...

Read article
Calendar marked to show rent dueABBWNP Calendar marked to show rent due.
The Guardian Business
FinanceEN-GB

Farewell to Elon Musk’s Cybertruck. Has any car ever been more repellent? | Arwa Mahdawi

Safety campaigners have condemned it and owners have complained about it. Goodbye to a steel monstrosity seemingly designed by a five-year-old Elon Musk is having a rough go of it, isn’t he? The world’s richest man spent almost half a billion dollars on the midterms in a failed attempt to defend Republican control of government. Now the tech mogul, who moved from California to Texas to escape Democrats and regulations, finds himself in a newly blue state. He also finds himself the subject of an unflattering documentary and, if the Democrats follow through on threats to investigate him, could potentially be in a spot of legal bother. And to top it all off? Musk’s beloved Cybertruck, the steel monstrosity that looks as if it were designed by a five-year-old, is winding down production. According to Musk, this isn’t because it’s an abject failure, but because he is channelling his energy into other things. “This is not a case of Cybertruck being unprofitable, as has been misreported by legacy media,” Musk tweeted on Monday. “But rather that the opportunity cost of the complexity of Cybertruck is vastly outweighed by the value of incremental Cybercab production.” (The Cybercab is a two-passenger robotaxi.) Continue reading...

Read article
Elon Musk gestures beside the Cybertruck, its windows cracked, during the unveiling
The Guardian Business
FinanceEN-GB

Burnham lauds £12bn offshore wind investment as he prepares for climate summit

Package for plan off Norfolk coast revealed as government tries to calm critics after approving Jackdaw gasfield Comment: KKR and RWE are rich firms. Why do they need a UK state loan for their windfarms? Andy Burnham has hailed a record investment in offshore wind, as the government tries to repair its green credentials after approving the controversial Jackdaw gasfield in the North Sea. On Wednesday the government announced a £12bn investment from the German energy company RWE and the US private equity firm KKR, as the prime minister prepares to travel to the Cop31 climate crisis summit in Turkey. Continue reading...

Read article
Wind turbines in the sea with the sun rising
The Guardian Business
FinanceEN-GB

US Treasury chief Scott Bessent is reportedly latest Trump official to move to military base

Bessent, driving force behind US push to cripple Iran’s economy, relocates over alleged threat to his life The US Treasury secretary, Scott Bessent, has relocated from his home in the Washington area to a military base after an Iranian threat against his life, the New York Times has reported. Bessent has spearheaded a US push to cripple Iran’s economy since the start of the Middle East war, vowing “economic asphyxiation” of the Islamic republic through a web of sanctions. Continue reading...

Read article
Scott Bessent
The Guardian Business
FinanceEN-GB

Economies are improving, but rule of law is slipping. The buck now stops with Africa’s leaders | Kenneth Mohammed

The west has spent decades judging Africa’s governance and colonialism is much to blame. But Mo Ibrahim’s latest index offers a different perspective – and some uncomfortable truths The west has never been short of advice on how Africa should govern itself. It has produced rankings, attached conditions to aid and delivered lectures on corruption, often while its own banks and corporations have profited handsomely from the continent’s governance weaknesses. So, there was something refreshing about sitting in Cairo, listening to a Sudanese-born, self-made telecommunications entrepreneur and billionaire on why Africans needed to measure their own governments. Continue reading...

Read article
Composite photo of an African woman carrying a baby, an umbrella and a bundle on her head against a background of railway lines and the Lagos skyline of tower blocks
The Guardian Business
FinanceEN-GB

Aldi cuts hundreds of UK head office roles as part of global cost trimming

Supermarket’s move labelled ‘shortsighted’ by worker who calls upper management ‘woefully out of touch with reality’ Aldi’s UK business is cutting hundreds of head office roles as part of a global effort to trim costs at the budget grocer. The retailer is consulting with its technology team on the loss of up to 150 roles after 103 redundancies in its finance and administration team earlier this year and almost 20 more redundancies among buying directors. Continue reading...

Read article
The fruit and vegetable aisle at an Aldi supermarket
The Guardian Business
FinanceEN-GB

Tories would have to raise state pension age above 70 to keep triple lock, says minister

Kemi Badenoch attacked reforms but is not being clear about how party would meet costs, Torsten Bell claims Kemi Badenoch’s Conservatives would have to raise the state pension age above 70 to meet the cost of keeping the triple lock, Treasury minister Torsten Bell has claimed. Labour has announced reforms to the triple-lock promise to come into force in the next parliament – with the initial proceeds earmarked for Andy Burnham’s national care service. Continue reading...

Read article
Conservative party leader Kemi Badenoch
The Guardian Business
FinanceEN-GB

Developing countries in limbo as rich nations delay new climate finance plans

Many governments are yet to set targets, leaving recipient countries struggling to plan and attract private investment Developing countries have been left in limbo by the failure of some of the world’s biggest economies to flesh out their plans for new climate finance. Poor countries are supposed to receive $300bn a year from the governments of industrialised nations by 2035, along with about $1tn from other sources, to help them cope with the effects of extreme weather and shift to a low-carbon future. Continue reading...

Read article
A display highlighting the 1.5°C global warming threshold
The Guardian Business
FinanceEN-GB

For Trump, Musk and Farage, the message is the same: voters don’t want to be hijacked by billionaires | Rafael Behr

A lesson from the US midterms is that electorates are repelled by the arrogant mega-rich buying democracy. This is a fight Labour can afford to pick For most people, $224m (£168m) is a lot of money, especially if you spend it and get nothing in return. But Elon Musk is richer than most people. In fact, there is no one richer. As the wealthiest of the US’s tech oligarchs Musk could afford to blow huge sums on a failed bid to prop up Republican candidates in Texas, his adoptive home state, in last week’s midterm congressional elections. He is reported to have spent a further $250m failing to engineer results in other races. Rafael Behr is a Guardian columnist Continue reading...

Read article
Nigel Farage walks with colleagues past an Underground station, flanked by security guards
The Guardian Business
FinanceEN-GB

Why are Britain's streets still so polluted? Because the car industry dinosaurs do what they like, and politicians let them | George Monbiot

The transition to electric vehicles should be moving apace, but it is not. And why? Incompetence, expedience and cowardice This is how it works. An industry puts tremendous effort into resisting change: lobbying governments, mobilising the media, pouring money into junktanks. It argues that a transition would threaten jobs, or damage the national interest, or harm poor people, while what it really fears is the cost of retooling its plants or developing new protocols. Then, when the inevitable cliff edge approaches, it whines that change is coming too soon. For reasons beyond its control, it isn’t ready, so the government must delay its plans. This is what triggered the Dutch nitrate crisis, and the UK’s repeated “emergency” exemptions from the ban on a devastating class of pesticides. Now the same dynamic is driving the UK’s crisis over the transition to electric vehicles (EVs). The result is that, as the global climate summit, Cop31, begins, it looks as if our gift to the world will be a major, predictable and entirely avoidable increase in the UK’s greenhouse gas emissions. George Monbiot is a Guardian columnist Continue reading...

Read article
Composite by Guardian Design/Getty/Shutterstock/Antonio Olmos
The Guardian Business
FinanceEN-GB

Prime property, slow sales: why London’s stock of empty high-end flats is piling up

Homes in the West End, Mayfair and Marylebone are going unsold – and developers are counting the cost London has no shortage of luxury flats. There are ultra-modern blocks in the most upmarket neighbourhoods – including Chelsea, Kensington and Mayfair – that offer marble lobbies, concierge services and views across the city’s skyline. The problem for property developers is finding wealthy residents to fill them, leaving brand-new properties in London’s most desirable postcodes standing empty. Continue reading...

Read article
Aerial view of London's Royal Crescent, a circular garden ringed by curved terrace townhouses.
Yuansheng Research

Make financial information more transparent. Bring technology closer to every investor.

YouTube

Investing involves risk and markets fluctuate. AI analysis on this site is for reference only; it is not investment advice and does not guarantee returns. News, market data, member access and model services are subject to the live product.

© 2024 Yuansheng Research