Stock Markets

Jeff Bezos becomes World’s Second Richest Person

Amazon founder Jeff Bezos has become the world’s second richest person as his online retailing venture has gained tremendously in stock market valuation in the recent months.

Twitter to Satisfy the Hunger for I.P.O.’s

When facebook was going to be public in 2012, the owner of the company raised some signs of hopes that the broad interest in the company would increase a small rise in the new stock offerings.

London Stock Market: PAL placed at $2.4 billion

With a hope that it would be part of the FTSE250 index in next review in September, Partnership Assurance Group has clicked on the surface of stock market. It is pleasantly placed at over 1.8 billion pounds in its London market.

Fleshing out details, the shares have been trading at 450.5 pence. Further, by 0715 GMT, PAL was trading at 455.75 pence.

FTSE Stocks Witness Rise

Recent updates from FTSE 100 have come up. This time, the price of the shares has climbed. According to specialty chemicals group Johnson Matthey, drop in profits have been much less than expected.

FTSE 100 on Monthly Winning Streak

The winning streak for FTSE 100 continues even after coming across the heaviest slump for a day less than a week and a half ago. Shares have climbed by 2.4pc, or 152.97 points. This is the longest winning stand for FTSE 100.

The markets were supported by positive news flow and also by good news from United States. U. S. consumer sentiment peaked in May to the highest level since July 2007.

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