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...Shell alone has contributed almost a third of the FTSE 100’s gains in 2024....
...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....
...European stocks edged higher in early trading as a rally in technology stocks outweighed declines for major luxury groups....
...The index was buoyed by a 16 per cent jump for miner Anglo American following a £31bn takeover bid from BHP, as well as strong gains for Barclays and AstraZeneca, which both beat analysts’ expectations for...
...Wall Street opened higher on Wednesday, buoyed by strong performance from megacap technology groups and chipmakers amid a flurry of corporate reports....
...European stocks opened higher on Friday, buoyed by a rebound in the technology sector following upbeat earnings reports from Microsoft and Alphabet....
...Shares in Google parent Alphabet climbed 10.2 per cent after the company beat analysts’ earnings expectations and announced its first dividend, as well as a $70bn stock buyback....
...A reading below 50 indicates a contraction. The PMI for the services sector fell to 50.9 from 51.7 in March, indicating a slower pace of growth....
...European equities closed higher on Tuesday as global technology stocks rebounded following a steep sell-off last week....
...London’s FTSE 100 rose 0.6 per cent as shares in Anglo American jumped more than 13 per cent following reports that BHP had proposed a £31bn takeover....
...London’s FTSE 100 climbed to an all-time high on Tuesday amid a broad equity rally in Europe as traders weighed the latest corporate results and awaited a string of business activity data....
...Economists polled by Reuters predict the UK’s composite purchasing managers’ index to come in at 52.7, a slight decline from last month’s reading of 52.8. Stephanie Stacey...
...Cohen, a 25-year Goldman veteran, led the Wall Street institution’s failed effort to build up consumer banking....
...Thierry Wizman, a strategist at Macquarie, said the drop was driven by “movement away from a wider conflagration and back to a shadow war [between Israel and Iran]”....
...US stocks, meanwhile, looked set to snap a six-session losing streak....
...Both indices rebounded from a six-session losing streak on Monday....
...US stocks were on track to end a six-day losing streak on Monday as traders await a busy week of corporate earnings reports, including from “Magnificent Seven” big tech stocks such as Amazon, Alphabet and...
...Parity would require a further drop of almost 6.5 per cent....
...Mining stocks were among the few positive performers in Europe as metals prices continued to rally on hopes that a rebound in economic growth will stimulate demand....
...a rapid cycle of rate increases to tame inflation....
...London’s FTSE 100 was on course for a new all-time closing high as a decline in the pound boosted the index, which is dominated by dollar-earners....
...European stocks held steady on Monday as traders looked ahead to a busy week of economic data and central bank policy decisions....
...In a city like Jakarta, there’s a fine line between authentic subculture and duplicating subcultures for commercial success: you can tell a lot of places are just trying to be a club in London....
...France’s luxury-heavy Cac 40 climbed 1.3 per cent — boosted by a 5.3 per cent rise for index heavyweight LVMH, as well as a 3.2 per cent gain for rival Hermès....
...France’s luxury-heavy CAC 40 climbed 0.8 per cent, boosted by a 2.8 per cent rise for index heavyweight LVMH and a 2.3 per cent gain for rival Hermès. Germany’s Dax rose 0.1 per cent....
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