Financial News

The chief executive of British Gas has said every household should be forced to have a smart energy meter to help hit net zero targets, despite widespread resistance to the devices.

GLOBAL MARKETS-Stocks trade mixed, dollar climbs as Fed rate path pondered

European stocks rose on Wednesday, boosted by company earnings, while U.S. futures dipped and the dollar climbed as investors assessed signals on the path for Federal Reserve interest rates. The yen fell even with the threat of currency intervention f...

Earnings, Central Bank Prospects Lift European Bourses Midday

Earnings, Central Bank Prospects Lift European Bourses Midday

Stock Market Today: Stocks mixed, Dow eyes best run since December; Tesla slumps

Steady Treasury yields and improving corporate earnings have helped revive Wall Street's bulls in the opening days of May trading.

Morning bid: Stocks buoyant as Sweden cuts, oil skids

Wall Street looks to have brushed off the latest hawkish Federal Reserve noises and Disney's outsize swoon, with European bourses stalking new records as Sweden becomes the latest G10 central bank to cut interest rates and oil prices plunged. Stocks f...

GLOBAL MARKETS-European stocks rise, dollar climbs as Fed rate path pondered

European stocks rose on Wednesday, boosted by company earnings, while U.S. futures were flat and the dollar climbed as investors assessed the signals on the path for Federal Reserve interest rates. The yen fell even with the threat of currency interve...

FTSE 100 LIVE: European stocks rise as pound slips ahead of Bank of England decision this week

Threadneedle Street is not expected to change interest rates this week.

UPDATE 2-Exhibition group Informa upbeat on annual performance, hikes share buyback

British events organiser Informa said on Wednesday it expects annual revenue and adjusted operating profit at the upper end of its previous forecast range, while increasing its share buyback programme by 160 million pounds ($199.8 million). The world...

Questor: don’t let this supermarket’s results put you off

Recently released annual results from Sainsbury’s hardly set the world alight. The FTSE 100-listed retailer generated a rather humdrum 3.4pc rise in sales and a paltry 1.6pc increase in pre-tax profits in the financial year to March 2024.

Microsoft creates top secret AI tool for US spies

Microsoft has developed artificial intelligence that can be used by American spies, deeming it safe because it is completely divorced from the internet.

Investors no better off than they were in 2016 due to rising interest rates

Investors are no better off than they were in 2016 despite stocks rising, analysis has found.

Retail Sales, Corporate Earnings Boost European Bourses Midday

Retail Sales, Corporate Earnings Boost European Bourses Midday

Asian Markets Mixed, European Stocks Gain

Asian stock markets diverged on Tuesday, while European equities rose as investors continue to assess the chances for global interest-rate cuts. South Korea’s KOSPI Composite Index led the region’s gainers, rising 2.

Europe risks losing its biggest oil companies to America

Two of Europe’s biggest oil companies, Shell and TotalEnergies, are considering abandoning their stock exchanges for Wall Street in a move that would deal a hammer blow to London and Paris.

Trending tickers: Saudi Aramco, Nvidia, Palantir and Disney

The latest investor updates on stocks that are trending on Tuesday.

FTSE 100 LIVE: European stocks tick up as earnings season rolls on

Companies including Walt Disney, BP and Saudi Aramco report on Tuesday.

FTSE 100: BP profits slump to $2.7bn amid falling oil prices

The oil company plans a $1.75bn share buyback.

Wall Street Cues, Interest Rates Boost European Bourses Midday

06 May 2024

Wall Street Cues, Interest Rates Boost European Bourses Midday

Why your super-rich fund manager is facing oblivion

05 May 2024

“It’s been tough for the industry to remain relevant through all the change,” says Martin Gilbert, who founded Aberdeen Asset Management and guided it through several transformative mergers before stepping back in 2019 after nearly four decades. His fi...

Labour plots new net zero crackdown on corporates

04 May 2024

Labour is plotting to introduce new net zero laws that will force big companies and banks to limit their carbon footprint to comply with UN climate goals.

Interest rate cuts could switch ‘from stroll to a sprint’ after US jobs surprise

Traders have pulled forward their expectations for the first interest rate cuts in the US as the economy added fewer jobs than expected.

Stocks to watch next week: BP, Saudi Aramco, Uber, and interest rates

Earnings preview of key companies reporting next week and what to look out for.

Bank and Tech Sectors Lift European Bourses Midday

Bank and Tech Sectors Lift European Bourses Midday

European Trading Ends Week on a High Note With London Stocks at Records

European investors took cues from their American peers on Friday, set to end the week on a high note after a rally on Wall Street on Thursday that has lifted global sentiment. London’s FTSE 100 jumped 0.5%—pushing further into record high territory—wi...

Trending tickers: Apple, Coinbase, Anglo American and Diageo

The latest investor updates on stocks that are trending on Friday

FTSE 100 LIVE: London near all-time high as Asia stocks surge

FTSE 100 is heading for another record after Apple helped steady Wall Street overnight

Gazprom swings to £5bn loss in blow to Putin

Russian natural gas giant Gazprom plunged to a loss of 629 billion roubles (£5.5bn) last year as its sales to Europe more than halved following Vladimir Putin’s decision to invade Ukraine.

London Continues to Lead European Stocks Higher With FTSE 100 at Record Levels

London stocks continued their recent outperformance on Thursday, leading the pack higher in generally upbeat European trading, as the U.K. equity benchmark pushed further into record-high territory. London’s FTSE 100 rose 0.

Fed Outlook, Earnings Cap European Markets Midday

Fed Outlook, Earnings Cap European Markets Midday

Trending tickers: Shell, Apple, Novo Nordisk and Standard Chartered

The latest investor updates on stocks that are trending on Thursday.

FTSE 100 LIVE: London higher as Fed leaves interest rates unchanged

UK markets rise as fears of US rate rise ease

US not suffering from ‘stagflation’, says Fed chairman Jerome Powell

The US is not suffering from “stagflation” and is growing well despite stubborn inflation, Federal Reserve chairman Jerome Powell has said.

Fed holds rates as it warns fight against inflation has hit a bump

The world’s largest central bank has warned that its fight against inflation has hit a bump in the road, forcing it to keep interest rates at a 23-year-high.

GSK chief shrugs off concerns that FTSE bosses are not paid enough

GSK chief Dame Emma Walmsley has downplayed concerns that British companies are failing to compete with US-style executive pay packages.

Swiss Franc and Japanese Yen Underperform as Dollar Ebbs from Earlier Highs Ahead of Fed Rate Decision

Swiss Franc and Japanese Yen Underperform as Dollar Ebbs from Earlier Highs Ahead of Fed Rate Decision

FTSE 100 LIVE: London stocks rise despite UK house prices falling in April

UK house prices fell by 0.4% in April, as rising borrowing costs took their toll.

Questor: Investors are still wrong about this defence company even after its price surge

Stock market valuations are usually wrong. Just because a company’s shares have risen significantly does not necessarily mean it is an attractive or sound business. It simply means it is popular among investors at that particular moment in time. Likewi...

Taxpayer to fork out £85bn to cover Bank of England losses

Taxpayers will cover £85bn of losses made by the Bank of England on its quantitative easing programme which began during the global financial crisis, according to the latest estimates.

Net inflows at St James’s Place drop sharply

St James’s Place has suffered a sharp drop in net inflows over the first quarter as the wealth manager grapples with customers withdrawing their...

London Stocks Notch New Records, Euro Zone Lags

London stocks outperformed in European trading on Tuesday, hitting record highs, as stocks in the euro zone lagged despite upbeat economic data pointing to slowing inflation and better-than-expected economic growth. London’s FTSE 100 advanced 0.5% whi...

Sensodyne maker Haleon to shut UK factory with loss of 435 jobs

The consumer healthcare group is aiming to close the site on a phased basis over the next two years.

Investors shun St James’s Place after £426m overcharging scandal

Investors are turning their backs on St James’s Place as the wealth manager grapples with a £426m overcharging scandal, its latest results show.

Investors shun St James’s Place after £426m overcharging scandal

Investors are turning their backs on St James’s Place as the wealth manager grapples with a £426m overcharging scandal, its latest results show.

Inflation, Earnings Steady European Bourses Midday

Inflation, Earnings Steady European Bourses Midday

FTSE 100 LIVE: European stocks mixed as traders focus on eurozone GDP and inflation figures

Analysts are predicting that eurozone GDP will come in at a growth of 0.1% in the January to March quarter.

Trending tickers: Amazon, Tesla, Samsung, Mercedes-Benz, Whitbread

The latest investor updates on stocks that are trending on Tuesday.

HSBC beats estimates and announces buyback as CEO retires unexpectedly

CEO Noel Quinn announced early retirement after a five-year stint leading the bank.

UK business confidence rises as firms hope for interest rate cuts