The Market Report with Katie Pilbeam. FTSE 100 began one other day within the crimson after US indices have been pressured by inflation worries. London’s main index tumbled 119 factors to six,885 in early buying and selling.
Tesla Inc (NASDAQ:TSLA) is now not accepting Bitcoin funds over local weather considerations. Elon Musk’s announcement knocked down the cryptocurrency worth by 6% .
BT Group PLC (LON:BT.A) is to hurry up its broadband rollout due to a brand new pension deficit discount plan. The communications large posted a dip in full-year earnings and income after COVID-19 hit buying and selling.
Burberry Group PLC (LON:BRBY) has hiked its dividend after posting an enchancment in gross sales within the second half of the yr. Full-price gross sales have outperformed in Mainland China, Korea and the US. Argo-
Blockchain-PLC (LON:ARB) has accomplished the acquisition of two knowledge centres within the Canadian province of Quebec as a part of its technique to extend its management over its cryptocurrency mining amenities. The corporate mentioned the info centres have a mixed energy capability of 20 megawatts.
Eurasia Mining PLC (LON:EUA) has acquired a number of proposals together with one from a reputable occasion for the potential acquisition of considerably all of firm’s belongings. It added that it has now concluded its strategic evaluate and formal sale course of.
Helium-One-World-Ltd (LON:HE1) deliberate exploration drilling programme on the Rukwa challenge in Tanzania was awarded an Environmental Impression Evaluation (EIA) Certificates on Could 4. It means the AIM-quoted firm has all essential permits in place to begin exploration drilling in early June.