BUSINESS LIVE: Pound slips as EU trade deal wrangle resumes; Royal Mail warns of a loss; JD Sports reports slump in profits By This Is Money Published: 08:07, 8 September 2020 | Updated: 14:02, 8 September 2020 As Brexit negotiations recommence today, the FTSE is expected to continue rising. Investors …
Read More »Oxford Instruments records ‘modest’ order growth amid Covid-19
Technology products provider Oxford Instruments said on Tuesday that it had managed to record modest order growth during the first five months of trading despite the Covid-19 pandemic. Oxford Instruments said the coronavirus outbreak had continued to have an impact on trading, with cumulative revenues down 2% year-on-year. However, the …
Read More »European stocks partly reverse rally, awaiting Wall Street restart
EasyJet planes standing behind a car park at Stansted Airport on June 30, 2020 in Stansted, England. Dan Kitwood/Getty Images European stocks clung onto most of the previous day’s rally, as traders waited for Wall Street’s return after a three-day break. Up 1.7% while U.S. markets were shut for the …
Read More »Royal Mail shares pop, equity markets look to Wall Street, Fevertree, JD & more
Equity markets are attempting to stabilise after the tech-led sell-off at the end of last week, but the lack of direction from the US on Monday means we are waiting on the Wall Street cash equity open to get a true feel for sentiment. European bourses traded a little lower …
Read More »Royal Mail set for loss despite parcels booming in Covid crisis | Business
Royal Mail has reported a big boost to parcels during the Covid-19 pandemic, but has also run up extra costs of £160m, and said outdated working practices needed to change to return the company to profitability. A surge in online shopping has led to strong growth in parcel volumes for …
Read More »FTSE 100 dragged into the red by housebuilders
It’s not been a good month for the housebuilders so far with Barratt, Persimmon and Taylor Wimpey getting a slap on the wrist last week from the CMA for alleged “fleeceholding” practices. FTSE 100 index slides 29 points dives as revenues retreat DS Smith wanted after it signals resumption …
Read More »Brexit tensions weigh on Europe, tech stocks slide
* UK ramps up no-deal preparations as EU trade talks stall * German exports rise in July but remain below pre-crisis levels * Technology leads sectoral declines, defensives rise * French electricity giant EDF sinks as output falls Sept 8 (Reuters) – European shares fell on Tuesday on fears that …
Read More »European stocks drift after rally, awaiting Wall Street restart
EasyJet planes standing behind a car park at Stansted Airport on June 30, 2020 in Stansted, United Kingdom. Dan Kitwood/Getty Images European stocks clung onto most of the previous day’s rally, as traders waited for Wall Street’s return after a three-day break. Up 1.7% while U.S. markets were shut for …
Read More »London open: Stocks edge up as investors eye Brexit talks
(Sharecast News) – London stocks edged higher in early trade on Tuesday, with sterling still under pressure as investors eyed the latest round of Brexit talks due to take place in London later in the day.At 0830 BST, the FTSE 100 was up 0.4% at 5,959.21, while the pound was …
Read More »EU Indices Mixed | TA Focus On BT Group
INDICESYesterday, European stocks were broadly higher. The Stoxx Europe 600 Index rose 1.6%, Germany’s DAX 30 surged 2.0%, France’s CAC 40 climbed 1.8% and U.K.’s FTSE 100 jumped 2.4%. EUROPE ADVANCE/DECLINE91% of STOXX 600 constituents traded higher yesterday.48% of the shares trade above their …
Read More »