|Day's range||7,556.16 - 7,602.87|
|52-week range||6,707.60 - 8,047.10|
A major dam at a hydro-electric power plant on the Dnipro river in the southern Kherson region of Ukraine has been blown up. Ukraine's military has accused Russian forces for the attack on the Nova Kakhovka.
Shares in National Grid are ex-dividend as of last Thursday and 37.6p a share in cash will land with shareholders on Aug 9, to add to the healthy share price gain we have on paper following our latest look at the utility last November.
European stock markets drifted lower Tuesday, as investors fretted about slowing global growth and future central bank policy decisions. In corporate news, GSK (LON:GSK) stock rose 0.3% after the pharma giant's cancer drug, Jemperli, received approval from the U.S. Food and Drug Administration for use.
Even as higher costs of borrowing continue to choke dealmaking, fund managers and bankers believe smaller UK-listed firms remain attractive to private equity players flush with unspent funds of nearly a trillion dollars. Central banks have been battling high prices by hiking borrowing costs for more than a year now and market participants expect the Bank of England to lift the benchmark rate to over 5%. While this has put pressure on dealmaking overall, Britain has recently witnessed multiple proposals for takeovers including Network International Holdings, Hyve Group and Medica Group.
(Reuters) -European shares dipped on Monday as investors took profits after last week's rebound, as news of weak U.S. business activity stirred up economic slowdown worries and eclipsed gains in telecom stocks. The pan-European STOXX 600 index ended 0.4% lower after a survey showed the U.S. services sector barely grew in May, while factory orders rose less than expected. "There's a bit of profit taking after some of the moves we've had recently," said Steve Sosnick, chief strategist at Interactive Brokers.
European stock markets edged higher in cautious trade Monday as investors focused on future central bank policies and a deluge of economic data. U.S. President Joe Biden signed on Saturday a bill suspending the debt limit until the start of 2025, removing the possibility of the U.S. defaulting on its debt obligations, a key source of anxiety for financial markets over the past month. With this in mind, attention turns fully back to what the European Central Bank, and the U.S. Federal Reserve, will decide upon in terms of interest rate hikes in the months ahead as growth slows.
Worklessness due to ill health heavily concentrated among those with poor qualification levels.
Move expected to help reduce waits of up to 15 years to connect solar power installations
The latest investor updates on stocks that are trending on Friday.
The U.S. Senate late Thursday passed legislation lifting the Federal government's $31.4 trillion debt ceiling, a day after the House of Representatives did the same.
European stock markets traded higher Friday after the U.S. debt ceiling bill passed through Congress, while the latest French industrial production data impressed. The U.S. Senate late on Thursday passed legislation that suspended the government's $31.4 trillion debt ceiling for two years, a day after the House of Representatives approved the bill. It now heads to the White House to be signed into law by President Joe Biden, just days before a June 5 deadline for a default which would have had severe economic consequences globally, thus ending a key source of anxiety for financial markets over the past month.
One of Britain’s biggest water companies has paid investors a £112m dividend in what has been branded a “slap in the face” for communities hit by sewage dumping.
ASOS, the British online fashion pioneer valued at more than 7 billion pounds ($8.8 billion) just over two years ago, has been relegated from the FTSE 250 index of mid-sized companies, illustrating the sharp decline in its fortunes. It shares fell 3% to a 12-year low of 333 pence in early deals on Thursday, giving it a market value of about 400 million pounds, following the quarterly reshuffle by FTSE Russell. It will move to the FTSE SmallCap index on June 16.
British Land booted off FTSE 100 while Ocado dodges demotion.
British equities gained in a broader market rally on Thursday with higher metal prices supporting miners, while progress on the bill to lift the U.S. debt ceiling further spurred risk appetite. The internationally-focused FTSE 100 gained 0.6% as the U.S. debt ceiling bill successfully passed through the House of Representatives and was headed for a vote in the Senate. "The fact that it looks like the world can put the U.S. debt ceiling silliness behind is certainly a modest positive," said Steve Sosnick, chief strategist at Interactive Brokers.
European stock markets traded higher Thursday, helped by progress in the U.S. debt ceiling bill as well as signs of life in the Chinese manufacturing sector. This private survey contrasted with the weak official government data released earlier this week, and offered hope of a recovery in this major regional growth engine, which also acts as a major export market for many of Europe’s largest companies.
Developer hit by higher interest rates and 2022’s mini-budget but online retailer buoyed by stronger sales at M&S
High mortgage rates will tip Britain into recession this year as homeowners coming to the end of fixed rate deals are hit by soaring costs, a leading ratings agency has warned.
(Bloomberg) -- British Land Co. lost its blue-chip status after more than two decades in the FTSE 100 index as soaring interest rates roil the UK commercial property market.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into Earth’s CrustS&P 500 Almost Wipes Out Its Monthly Advance: Markets WrapHedge Funds Are Deploying ChatGPT to Handle All the Grunt WorkTwitter Is Now Worth Just 33% of Elon Musk’s Purchase Price, Fidelity SaysDebt-Limit Deal Heads to House Vote After Cleari
Prudential’s finance chief has quit the FTSE 100 insurer following an investigation into his conduct surrounding a “recruitment situation”.
A look at the stocks making headlines on Wednesday.
Authorities looked into possible tax and bribery offences by one of gambling group’s former Turkish subsidiaries
The latest reshuffle of the premier index will be announced after the close of play this Wednesday.
(Reuters) -European shares hit an over two-month low on Wednesday as weak economic data from China fuelled concerns about a global slowdown and countered optimism from signs of easing inflation in some of the major euro zone economies. The main regional stock markets were set for monthly losses, with London's FTSE 100 and Paris' CAC 40 among the worst hit. China is Germany's main trading partner.
Spending more time together virtually may have had a lasting impact on how we communicate face-to-face and how we connect with people we work with.