Tag Archives: Markets

Photographer: Hollie Adams/Bloomberg Photographer: Hollie Adams/Bloomberg U.K. inflation unexpectedly accelerated in January, in what economists say is the first step toward a significant increase that could bring the rate close to the Bank of England 2% target later this year. Prices climbed 0.7% from a year earlier, boosted by the …

A sign on the door of a local business in McKinney, Texas, on Feb. 16. Photographer: Cooper Neill/Bloomberg Photographer: Cooper Neill/Bloomberg It’s not easy putting a number on what is undoubtedly the largest forced blackout in U.S. history. If you take the Texas power grid operator’s word for it, the …

Bank buildings at Toronto’s financial district on Sept. 3, 2020. Fred Lum/The Globe and Mail Canada’s banking regulator will not yet consider lifting restrictions on banks’ dividends and share buybacks introduced at the start of the pandemic, even though the largest lenders continue to amass growing stockpiles of surplus capital. …

Good morning. Retail data dominates the agenda today, with sales figures for November due out at 7am. They’re expected to show a contraction in spending last month, with a large number of retailers closed due to heightened restrictions in much of the UK. It’s scheduled to be quiet on corporate …

T he FTSE 100 was set to pause today after Monday’s surge which saw UK stocks leap 1.7% as travel, transport and leisure shares rallied. A flurry of global takeover deals added to the excitement that went through global markets after US biotech firm Moderna announced its coronavirus vaccine trial …

Another top mid-cap performer was Royal Mail, up 12.3p at 242.3p, on hopes that the postal sector will be a pandemic winner as consumers continue … Source link

Fellow mid cap Royal Mail wiped out most of Friday's gains, dropping 8.7p to 225p after hitting a one-year high last week following a strong … Source link

Divestment speculation gave a Friday boost to London Stock Exchange Group. The exchange operator rose after rival Euronext confirmed plans to submit an offer to buy Borsa Italiana, the Italian stock exchange, for an expected  value of €3.5bn (£3.2bn) to €4bn. Euronext said further details would be announced when appropriate. …

European markets are set to inch higher Tuesday as global investors wait to see whether the dominant U.S. tech sector can recover momentum after last week’s rout, while awaiting key economic data due out of the euro zone. Britain’s FTSE 100 is seen around 10 points higher at 5,947, Germany’s …

Hot on its heels was BT, which jumped 8.1p to 106.1p after Berenberg raised its outlook for the group’s shares. In a note to clients, analyst Carl Murdock-Smith wrote that sentiment about the telecoms group was “on its knees”, but added “its significant under-performance and scope for improved sentiment over …