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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
April 6, 2023
UK Gilt Yields Could Fall as Impact of BOE Rate Rises Emerge 0919 GMT - U.K. gilt yields could fall in coming months as Bank of England rate increases start to hurt the economy, writes HSBC head of U.K. rates strategy Daniela Russell in a note. "In... | 06:06am
April 6, 2023
FTSE 100 Poised to Edge Higher; Asia Falls, US Rises 0642 GMT - The FTSE 100 looks set to edge four points higher to 7666, according to IG futures data, after downbeat trading in Asia, though Wall Street rose. Most major markets in Asia are lower, ... | 03:22am
April 6, 2023
UK Property Market Appears to Be Steadying, Data Says 0729 GMT - U.K. average property prices held steady in March, further evidence of the housing market continuing to rebalance in a calm, measured way, OntheMarket Chief Executive Jason Tebbs says... | 03:51am
April 6, 2023
FTSE 100 Rises as TUI, Miners Gain; Industrials Fall 0808 GMT - The FTSE 100 rises 0.6%, or 46 points to 7708 as gains for TUI and miners offset losses for industrial stocks. TUI gains 8% after the tour operator said in an update on its website tha... | 04:29am
April 6, 2023
WPP Gains After Talk of FGS Global Stake Sale 0955 GMT - WPP shares rise 1% after a report claimed the advertising, marketing and public-relations firm was set to offload part of a PR business. Private-equity group KKR & Co. could buy more than... | 07:23am
April 6, 2023
The FTSE 100 ended the week on a positive note on Thursday, closing up 1.03% at 7741.56 ahead of the Easter weekend. "It has been another good week for the FTSE 100, on course for its third successive weekly gain, although it remains well short of its ... | 12:32pm
February 10, 2023
Federal Reserve reports tighter underwriting, lower demand for CRE loans, five markets with potential for multifamily distress