European car stocks surge on renewed hopes of delay to U.S. tariffs
European autos stocks surged on Wednesday after Bloomberg reported, citing sources, that U.S. President Donald Trump plans to delay imposing threatened tariffs on car imports as the White House focuses on its spat with China. Europe's autos and suppli...
London markets retreat as trade war escalates
London equities dipped on Wednesday, amid the escalating trade wars between the U.S. and China. How did markets perform? The U.K.’s FTSE 100 (UK:UKX) dipped by 0.2% to 7,288.81. The index of leading shares had ended the previous session up 1.
Receding Chinese economy weighs on European markets
Weak Chinese economic data for April dragged European markets down on Wednesday, hitting some of the gains made during Tuesday’s rebound.
Auto-stocks drive European shares higher on tariff delay hopes
The news spurred investors to boost positions in tariff-sensitive firms, aiding a recovery among a swathe of European stocks. Atlantic Markets' John Woolfitt said it appeared the market was relieved that Trump "can actually act in a civilised manner a...
Prospect of easing trade tensions, weaker pound lift FTSE 100
The FTSE 100 advanced 0.8% and outperformed its European peers. The FTSE 250 was roughly flat. Markets were initially upbeat after U.S. President Donald Trump said talks between Beijing and Washington had not collapsed, terming the Sino-U.S. conflict...
Tour operator Tui faces deepening losses
Tour operator Tui suffered widening losses in the first half of its financial year as it struggles with changes in consumer booking patterns and the residual effects of the UK’s unseasonably warm summer in 2018. Tui has twice this year warned on profi...
British Land swings to loss as retail turmoil weighs on portfolio
British Land swung to a loss in the year to March as turmoil in the retail sector dragged down the value of one of the UK’s largest listed property portfolios. The FTSE 100 group on Wednesday reported ...
StockBeat – Italy's Budget Woes Return to Haunt Its Stock Market
By Geoffrey Smith