Markets Weekly markets recap: European stocks rise as Dax hits a fresh high The European stock markets maintained their upward trajectory as cooling inflation bolstered hopes for more significant rate cuts by the European Central Bank. The DAX reached a fresh high following Germany’s unexpected drop in consumer prices for August. 30/08/2024
Business Burberry set for relegation from FTSE100 along with EasyJet Burberry has been facing challenges such as changes in strategy and recently suspended its dividend. EasyJet has been dealing with the fallout of price wars because of last-minute bookings by passengers. 28/08/2024
Markets Trading mixed as Bank of Japan governor warns markets are unstable Trading in Asian markets were mixed and muted on Friday morning ahead of a key Fed Chair speech - and as the Bank of Japan governor warned global markets are unstable. 23/08/2024
Markets Wall Street's next big test is looming with Nvidia's profit report How much hype is left in Nvidia's stock? Anyone with an S&P 500 index fund is hoping to get an answer to that weighty question next week. 22/08/2024
Markets Surprise result over which European stock market investors prefer A Wall Street bank poll shows that investors in America favour the UK stock market over European alternatives, signalling a change of fortune for the LSE from 18 months ago. 14/08/2024
Markets US stocks buoyant as investor sentiment eases after global sell-off A rising tide swept stocks higher, and calm returned to Wall Street after Japan's market soared earlier Tuesday to claw back much of the losses from its worst day since 1987. 07/08/2024
Markets European markets and Wall Street mixed after Monday's sell-off European markets opened higher on Tuesday morning but went back in the red by the afternoon as Wall Street started Tuesday's trading session in the green. 06/08/2024
Markets Wall Street sees sea of red as investors fear US economic slowdown Stocks open sharply lower on Wall Street as investors fear a US economic slowdown; Dow drops 1,000 points. 05/08/2024
Business Week ahead: Investors gauge the growth trajectory of Novo Nordisk Risk-off sentiment may continue to shape market trends following a turbulent week. Novo Nordisk’s earnings will be in the spotlight as investors gauge the growth trajectory of Europe’s largest company. 05/08/2024
Business L’Occitane delists from Hong Kong exchange as luxury goods shine dulls L'Occitane's attempts to revitalise growth have led to high operational costs, leading to further erosion of its share price and investor confidence. 25/07/2024
Business Brakes on Porsche profit outlook as alloy supply shortage kicks in Shares in Porsche fell nearly 5% on Tuesday morning after the German sports car maker cut its sales and profitability outlook for 2024. 23/07/2024
Markets European stocks extend losing streak as IT outage disrupts key sectors European stocks extended their losses on Friday as a global tech outage disrupted banks, airlines, and sectors globally, marking the longest losing streak since October 2023. 19/07/2024
Markets Microsoft and CrowdStrike shares drop after IT outage savages systems Shares in CrowdStrike and Microsoft were in the red on Friday after a global IT outage hit companies and industries worldwide. 19/07/2024
Markets ASML shares plunge as geopolitics overshadow strong earnings The Dutch chip equipment maker, ASML, reported better-than-expected earnings for the second quarter. However, its shares plunged due to stricter US export curbs on exports to China. 18/07/2024
Business European cannabis firms look to list in the US as it eases controls Cannabis could be moved from the stringent Schedule 1 classification of the Controlled Substances Act (CSA) to the relatively less regulated Schedule 3, in view of its medicinal and pharmaceutical properties and usages. 16/07/2024
Business Vivendi reportedly considering London listing for Canal+ channel The French media giant's shares rose on reports that it may be exploring a London listing for its Canal + channel in what could prove to be a much needed boost for the London Stock Exchange. 12/07/2024
Business UK's FCA shakes up listing regulations to attract more companies The move comes as the London Stock Exchange has been struggling for several months to retain companies looking to leave the UK and list in more welcoming markets such as the US. 11/07/2024
Markets Weekly Recap: Markets rebound as Europe shrugs off political jitters Global stock markets are mostly higher for the week as expectations for central banks to lower interest rates strengthened, while fears of European political disruptions diminished. 05/07/2024
Markets Cooling inflation in Europe and softening US data fuels market rally Cooling inflation in Europe and softening US economic data heightened expectations of rate cuts by central banks, fuelling a stock market rally on both sides of the Atlantic. 04/07/2024
Business London Tunnels delivers blow to the City as it opts for Amsterdam IPO The company is the latest in a string of high-profile names to turn its back on the London Stock Exchange, in favour of other exchanges in the US and elsewhere in Europe. 26/06/2024