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July 18, 2023
UK Consumers Cut Spending Amid Rising Mortgage Rates 1151 GMT - The latest U.K. consumer confidence survey by Bank of America shows that more consumers are cutting their spending amid rising...
July 18, 2023
The FTSE 100 index closed Tuesday up 0.6% to 7453 points, lifted by financial and oil-exposed stocks amid positive trading along the global markets. Ocado shares outperformed the blue-chip index,...
May 4, 2023
The FTSE 100 closed Thursday down 1.1%, as central bank rate hikes took a back seat to a renewed crisis in U.S. bank stocks, prompting additional losses in stocks. The Federal Reserve and the European Central Bank might go on hiking rates, but the rene... | 12:17pm
May 4, 2023
UK Mutual Firms Need to Prepare For Worsening Credit Conditions, Says BOE Official 1156 GMT - U.K. mutual firms need to take steps to be ready to support their clients and broader economic resilience in case credit conditions deteriorate, Bank of E... | 08:26am
May 4, 2023
FTSE 100 Falls as BAE Systems Drops; Shell, Next Rise 0808 GMT - The FTSE 100 drops 0.2%, or 18 points to 7770 as losses for a range of stocks after the U.S. Federal Reserve raised interest rates offset gains for companies reporting results. BAE Sy... | 04:25am
May 4, 2023
Sterling Rises to 11-Month High Versus Weak Dollar 0837 GMT - Sterling rises to an 11-month high of $1.2594 against a weaker dollar after the Federal Reserve raised interest rates but hinted that rates might have peaked, while U.S. banking sector c... | 05:01am
May 4, 2023
Shell Buyback Rate May Face Pressure as Economy Softens 0850 GMT - Shell shares rise 2% after reporting better-than-expected first-quarter earnings. Earnings in the period modestly exceeded market expectations driven, like most other oil companies ... | 07:17am
January 20, 2022
The yield on the 10-year German government bond fell to minus 0.018% Thursday from minus 0.014% Wednesday. With the yield having risen above 0% on Wednesday, the 10-year German Bund offers some...
October 13, 2021
The British Gas owner also said it has postponed its capital markets event planned for Nov. 16 so that it can focus on the wider industry efforts in the U.K. due to the current unprecedented...