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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