Tag Archives: FTSE 100

Thanks for joining us. We start the week with a look at the Employment Rights Bill, which will be scrutinised in Parliament for the first time today. The leader of the TUC has urged MPs to back the reforms and make sure they leave themselves “on the right side of …

Jerome Powell has given his strongest hint yet that the US will start cutting interest rates next month amid hopes that inflation is finally under control across the West. The Federal Reserve chairman indicated that he will be able to reduce borrowing costs from their current level of 5.5pc in …

Sales of the iPhone have fallen to the lowest level for three years after Apple’s popularity dropped in China and as shoppers wait for new models. Apple recorded an 1pc drop in quarterly iPhone revenues on Thursday night to $39.3bn (£30.9bn), the lowest figure since 2021. While a small drop, …

Thanks for joining me. Volkswagen will invest $5bn in Tesla rival Rivian in a deal that will give it access to the start-up’s technology. The joint venture comes amid uncertainty in the electric car market, which is the subject of a trade war between US, EU and China, and lacklustre …

The board of Royal Mail owner International Distribution Services said it has agreed to a £3.57bn takeover offer from Czech billionaire Daniel Kretinsky. Under the deal, Mr Kretinsky has agreed for Royal Mail to deliver first-class post six days a week for the next five years.  5 things to start …

Royal Mail owner fails to publish financial results amid impending takeover bid. The owner of Royal Mail has failed to publish its annual trading … Source link

Thanks for joining me. Thames Water plans to spend nearly £20bn fixing leaks and sewage spills under a new business plan sent to regulators. The beleaguered water supplier, which has £18bn of debt, wants to spend £1.1bn more than previously thought under proposals sent to the regulator Ofwat, known as …

Today's top performing London stocks are Primark owner AB Foods after a strong update and JD Sports Fashion following a US acquisition. FTSE 100 Live … Source link

Other mid-cap fallers included defence firm Qinetiq and Royal Mail owner IDS, off 21p to 336.8p and 8p to 219.2p respectively. Miner Centamin was … Source link

Glencore shares lower, “buy” note boosts Hargreaves Lansdown Robust production figures by Glencore did little for its shares today as investors continue to fret over China’s faltering economic recovery. The Swiss commodities giant said lower output of key assets in copper, zinc and coal was no worse than expected as …