Stocks Close Higher After Fed Minutes Signal Commitment to Raising Rates
U.S. stocks rise after optimistic outlooks from several retailers and the Fed’s May meeting minutes signaled few changes in the plan to fight inflation.
FTSE back in the green as SSE shines
The energy generator said profits jumped in the year to the end of March.
Britain plots rival summit to Davos to woo international elite
Britain is drawing up plans for a two-yearly investment summit that would rival Davos amid concerns from Downing Street that the Switzerland gathering has become a party town.
FTSE 100: Ocado share price falls as shoppers cut back on spending
The online retailer said its joint venture with Marks & Spencer will see both its sales and profits slowdown as shoppers tighten their purse strings.
FTSE pushes higher despite inflation and recession fears
It came as the German economy grew in the first quarter of the year, shrugging off the impact of the Ukraine war and the pandemic.
GLOBAL MARKETS-Asia stocks up but investors worry about rate hikes, China lockdowns
Asia stocks rose on Wednesday even as central banks piled into aggressive rate hikes to battle soaring inflation and left investors worried about slower global growth. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.72%, with Austral...
European shares seen holding near current levels through 2022
Central bank policy tightening, fears of a recession and the economic impact of the war in Ukraine are all expected to keep a lid on any significant advance in European stocks for the remainder of 2022, a Reuters poll found. "The ECB moving aggressive...
European shares seen holding near current levels through 2022
Central bank policy tightening, fears of a recession and the economic impact of the war in Ukraine are all expected to keep a lid on any significant advance in European stocks for the remainder of 2022, a Reuters poll found. "The ECB moving aggressive...
UK low-paid workers decline but self-employed low-earners rise
The introduction and elevation of the minimum wage has helped to reduce low pay.