ASOS looks to fix its balance sheet

ASOS targeted by short seller ShadowFall

The key question for ASOS is: will raising £80 million by issuing current shares and refinancing its debt really cleave it? The quick fashion online retailer hopes this can create a solid base for the company’s recovery. However, with the…

FTSE 100 off to a strong start as miners rally

FTSE 100 higher as it shrugs off inflation and interest rate concerns

UK stocks made a strong start on Friday after an Nvidia-inspired charge on Wall Street overnight helped recede investor attention away from the rumbling US debt ceiling crisis. Bumper earnings from chipmaker Nvidia indicated some substance behind the recent hype…