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...AstraZeneca, the second most valuable company on the FTSE, won investors’ approval on Thursday for a pay rise of up to £1.8mn for its chief executive Pascal Soriot....
...Microsoft has committed to ensuring 100 per cent of its electricity consumption is “matched” 100 per cent of the time by “zero carbon energy purchases” by 2030, using mechanisms including power purchase...
...The UK’s blue-chip stock index dropped 0.3 per cent, BP fell 2.1 per cent and Shell dropped 1.5 per cent. Most markets elsewhere in Europe were closed for Labour Day....
...London’s FTSE 100 returned from a public holiday to also close at a record high with a 1.2 per cent advance....
...The UK’s FTSE 100 closed at a record high, boosted by weakness in the pound and rising expectations of interest rate cuts from the Bank of England....
...Further reading:— FTSE 100 closes at record high as sterling weakens (FT)...
...The UK’s blue-chip index was down 1.9 per cent by mid-afternoon on Tuesday, exceeding the 1.6 per cent declines of its peers in France and Germany. The mid-cap FTSE 250 fell 1.7 per cent....
...The gains mean the FTSE 100 has risen 3.9 per cent since the start of the year, outperforming the Nasdaq Composite, which is up 2.1 per cent....
...The FTSE 100 had already climbed to a record closing high on Monday....
...The FTSE 100 climbed above its all-time closing high in morning trading on Friday, as rising commodities prices boosted index heavyweights in the energy and mining sectors....
...Sterling fell 0.4 per cent to trade at $1.232, its weakest since November....
...The Japanese population fell at a rate of almost 100 people per hour in 2023 as the country logged its biggest ever annual drop since comparable records began in 1950....
...France’s Cac 40 added 0.1 per cent....
...London’s FTSE 100 closed in on its record high on Friday as investors grew more confident that the central bank would make multiple interest rate cuts this year....
...European stocks slipped from a record closing high, while London’s FTSE 100 closed out its biggest weekly gain since September....
...In the US, futures tracking the S&P 500 were up 0.3 per cent ahead of Wall Street’s opening bell, while those tracking the Nasdaq 100 were 0.2 per cent higher....
...The index, which has lagged behind its peers in Europe in 2024, rose 1.9 per cent on Thursday....
...Shares in those seven unglamorous companies are up by an average of around 1,000 per cent over the past 20 years....
...The blue-chip FTSE 100 added 0.1 per cent. The more domestically focused mid-cap FTSE 250 slipped 0.3 per cent. Most European markets were closed for the May 1 bank holiday....
...The benchmark FTSE 100 index rose 1.4 per cent after the news, putting it on track to close at a record high....
...The UK’s benchmark stock index gained 1.5 per cent on Friday thanks to strong gains for miners and financial stocks....
...The owner of Clinique and Bobbi Brown said Monday it will eliminate up to 3,100 positions from its roughly 62,000 employees....
...France’s Cac 40 rose 0.5 per cent, as did Germany’s Dax and London’s FTSE 100....
...Many European power companies have sold forward 50-100 per cent of their anticipated production for this year and 25-60 per cent for 2025, often at prices above €100/MWh, according to a Moody’s analysis....
...£2,240, matching skirt, £2,600, cotton knit bra, £680, and matching briefs, £680 Gucci light-stretch-wool dress with lace inserts, £2,970 Loewe wool and cashmere Knot top, £725, and matching trousers, £1,100...
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