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19 January 2021 | 11:58am StockMarketWire.com - Having made a strong start amid optimism over the US stimulus plan the FTSE 100 lost its way a little by midday to trade up 0.2% at 6,736.23. With trading due to resume in the US later after yesterday's pause for Martin Luther King Jr Day, futures markets pointed to gains. The changing of the guard at the White House is now within touching distance with president-elect Joe Biden's inauguration set to take place amid tight security tomorrow. Mining company Rio Tinto dipped 0.5% to £59.43 after it boosted fourth-quarter production and shipments o...

19 January 2021 | 08:43am StockMarketWire.com - UK stocks opened higher on Tuesday, in line with European and Asian exchanges, as sentiment was buoyed by heightened anticipation of a bumper US stimulus package and Covid-19 vaccine hopes. At 0826, the benchmark FTSE 100 index was up 39.41 points, or 0.6%, at 6,760.06. Mining company Rio Tinto added 1.0% to £60.31 after it boosted fourth-quarter production and shipments of iron ore from Australia's Pilbara region. Fashion retailer Superdry slumped 5.3% to 227.2p, having reported a deeper first-half loss and scrapped its interim dividend, as th...

19 January 2021 | 07:47am StockMarketWire.com - Online electrical retailer AO World reported a jump in revenue in the third quarter, as 'significant' demand for its products and services continued to boost growth in the UK and Germany. For the three months ended 31 December 2020, UK revenue jumped 67.2% to £457.3 million and Germany revenue was up 77.4% to €73.6 million. AO World's German business was profitable throughout the quarter, as the company experienced its strongest ever peak trading period over the Black Friday period and in the run up to Christmas. The company said it had incur...

FTSE slips into negative territory as MGM walks away from Entain bid

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