Elon Musk loses record $16.3 billion in just ONE DAY amid rout in US technology stocks

Tesla shares have led a rebound in tech stocks, just one day after stock in the electric car maker suffered its biggest ever drop, wiping $16.3 billion from the net worth of CEO Elon Musk. Shares of Tesla jumped as much as 8.8 percent on Wednesday, after shedding about a fifth of their value in … Read more

Funds to defend your savings from the market rout

In almost every part of our lives, priorities are shifting, with safety and prudence the new virtues.  In future, more people may want to preserve their money, rather than maximise returns: the return of their capital is, in other words, more important than the return on their capital. Growth will be an added extra, rather … Read more

Pensions chief warns older workers face delayed retirement after rout

Older workers face delayed retirement: Pensions chief issues stark warning after stock market rout By Lucy White For The Daily Mail Published: 00:19 GMT, 18 March 2020 | Updated: 01:06 GMT, 18 March 2020 Hardworking Britons who had too much of their pension invested in shares may have to postpone their retirement, the boss of … Read more

Coronavirus clobbers the British pub: Restaurants also hit in rout 

Coronavirus clobbers the British pub: Restaurants also hit in latest stock market rout By Tom Witherow For The Daily Mail Published: 22:17 GMT, 16 March 2020 | Updated: 22:20 GMT, 16 March 2020 Shares in the UK’s biggest pubs and restaurants tumbled on another day of panic selling on stock markets around the world.  As … Read more

Tullow Oil slashes workers as it reveals oil price rout could sink it

Tullow Oil slashes workforce as it reveals recent oil price rout could sink it By Daily Mail City & Finance Reporter Published: 23:17 GMT, 12 March 2020 | Updated: 00:31 GMT, 13 March 2020 Tullow Oil’s future was in doubt last night it revealed that the recent oil price rout could sink it. The energy … Read more

Trump’s travel ban triggers worst stock market rout since Black Monday

Firms hit the panic button as Trump’s coronavirus travel ban triggers worst stock market rout since Black Monday By Francesca Washtell For The Daily Mail Published: 23:04 GMT, 12 March 2020 | Updated: 23:04 GMT, 12 March 2020 Some of Britain’s biggest firms were pushed to the brink yesterday after President Trump’s shock travel ban … Read more