LONDON — Property professionals are blaming the UK General Election for a slowdown in house sales and slowing price growth. The Royal Institute of Chartered Surveyors (RICS)’s monthly survey of its members “points to a lacklustre set of overall conditions” in May, with sales declining by 8%. The number of new houses being put into […]

Sports trading company Stratagem raising a £25 million fund to bet on sports; Company set up by ex-hedge funder, run by former Goldman Sachs partner; Stratagem uses artificial intelligence to analyse football, tennis, and basketball, identifying betting opportunities; One of several startups trying to make betting markets more like financial markets. Stratagem Andreas Kourkorinis, the […]

Eve Sleep Jas Bagniewski, CEO of eve. LONDON — Online mattress retailer Eve Sleep has successfully raised £35 million in an initial public offering on AIM, valuing the two-year-old business at £140 million. Eve said on Monday that stockbroker Peel Hunt had successfully raised the sum for the company, with shares set to start trading […]

Since Donald Trump’s victory in November, the US stock market has reached new highs.  But many Wall Streeters think American equities have reached their ceiling.  During the March meeting of the Federal Open Market Committee, for example, a number of Fed leaders expressed concern about the high-price tag of US equities. Meanwhile, Larry Fink, the head of […]