Mostread All News Today

UK total retail sales fell 4% year on year in the April as wet spring weather deterred shoppers, despite businesses offering hefty discounts in an attempt to entice customers into stores, according to a survey published on Tuesday.

Universal Music Group could become the latest company to face an embarrassing shareholder revolt this AGM season, after an influential advisory firm urged investors to reject an “excessive” €139m (£119m) payout for its chief executive, Lucian Grainge. Glass Lewis said it had “severe reservations” about supporting the Dutch-American music company’s pay decisions, which included a €92m share-based bonus for its British-born ...

London stocks were set to rise at the open on Tuesday as investors play catch up following positive sessions in Europe and the US on Monday.

BP reported a worse-than-expected fall in first-quarter profit on the back of lower oil and gas prices, an outage at a US refinery and “significantly weaker” fuels margins as it also started a $1.75bn share buyback.

London stocks were still firmly in the black by midday on Tuesday, with the FTSE 100 hitting record highs as markets played catch up with gains seen in the US and Europe a day earlier.https://www.sharecast.com/news/news-and-announcements--/uk-april-retail-sales-hit-by-wet-weather-early-easter---brc--16726108.html

The Sunday Times's Lucy Tobin spied an opportunity in shares of Domino's Pizza.

An aura of mystery continues to linger over whether the biggest of Darktrace's shareholders are prepared to support Thoma Bravo's £4.2bn takeover. Among those is Mike Lynch, who is currently facing trial in the US over fraud claims linked to executive search software outfit Autonomy. Also unclear is the position of the Darktrace Employee Benefit Trust, which owned just under 8% of the company's shares. The trust is managed by Equiniti, which has nothing to do with the decisi...

Glencore is reportedly studying an approach for Anglo American, a development that could spark a bidding war.

Paramount Global’s share price soared on Thursday following a report that Sony Pictures and Apollo Global Management had made a $26bn offer for the troubled media giant. According to the Wall Street Journal, the offer was made on Wednesday by Sony’s chief executive, Tony Vinciquerra, and Aaron Sobel, a partner at Apollo. Paramount’s shares rose 12% on the news. – Guardian

RBC Capital Markets has raised its forecasts for Shell and kept an 'outperform' rating, saying the business was "firing on most cylinders" in the quarter.