^FTSE - FTSE 100
| Previous close | 6,341.44 |
| Open | 6,341.44 |
| Volume | 0 |
| Day's range | 6,341.44 - 6,489.99 |
| 52-week range | 4,898.80 - 7,727.50 |
| Avg. volume | 1,332,201,846 |
- Yahoo Finance UK
OPEC+ to extend production cuts
OPEC and its allies agreed on a one-month extension of record oil production cuts as they look to stabilise the oil market.
- Fool.co.uk
Should you buy FTSE 100 shares in the stock market rally, or wait for the next crash?
Roland Head explains how he's investing in the stock market rally and what he's watching for over the coming months.The post Should you buy FTSE 100 shares in the stock market rally, or wait for the next crash? appeared first on The Motley Fool UK.
- Fool.co.uk
Another stock market crash may be ahead. I’d take these 3 steps when buying FTSE 100 shares
The FTSE 100 (INDEXFTSE:UKX) could experience a further crash in my opinion, which could make these three steps increasingly important for investors.The post Another stock market crash may be ahead. I’d take these 3 steps when buying FTSE 100 shares appeared first on The Motley Fool UK.
- Fool.co.uk
Retirement savings: I’d buy cheap FTSE 100 shares today to become an ISA millionaire
The FTSE 100 (INDEXFTSE:UKX) offers a long-term investment opportunity that could boost your retirement prospects, in my opinion.The post Retirement savings: I'd buy cheap FTSE 100 shares today to become an ISA millionaire appeared first on The Motley Fool UK.
- Fool.co.uk
Have £10k to invest in FTSE 100 stocks? I’d take these 3 steps today to make a million
Investing in the FTSE 100 (INDEXFTSE:UKX) today could lead to high returns in my view, and may increase your chances of making a million.The post Have £10k to invest in FTSE 100 stocks? I’d take these 3 steps today to make a million appeared first on The Motley Fool UK.
- Fool.co.uk
What the ECB decision means for the UK stock market and what I’d do now
The UK stock market is climbing after the ECB decision to maintain interest rates to stimulate the Eurozone. However, all may not be what it seems...The post What the ECB decision means for the UK stock market and what I'd do now appeared first on The Motley Fool UK.
- Yahoo Finance UK
What to watch: Oil climbs ahead of OPEC+ meeting, Revolution Bars seeks £15m, and US unemployment rate in focus
A daily overview of the top business, market, and economic stories to watch in the UK, Europe, and abroad.
- Yahoo Finance UK
Coronavirus: Online sales hit decade high even as confidence plummets
Surveys from BDO and GfK show online sales are jumping even as overall spending and consumer confidence dives.
- Yahoo Finance UK
Coronavirus: UK house prices drop for a third month but demand picks up
Prices saw a small drop in May, but Halifax said interest was picking up from buyers and sellers as the lockdown eases in England.
- Yahoo Finance UK
Stocks surge after 'stunning' US jobs numbers
The US added 2.5 million new jobs in May and unemployment fell to 13.3%.
- Fool.co.uk
FTSE 100 crash: I’d buy cheap shares in an ISA today to make a million
I think the FTSE 100 (INDEXFTSE:UKX) could deliver a long-term recovery after its recent crash that helps you to build a seven-figure portfolio.The post FTSE 100 crash: I’d buy cheap shares in an ISA today to make a million appeared first on The Motley Fool UK.
- Yahoo Finance UK
Stocks slide even as ECB fires 'bazooka'
The ECB is widely expected to announced up to €700bn in additional stimulus to support the eurozone economy.
- Bloomberg
Remote Work Lifts Avast From Floppy Disks to London Blue Chip
(Bloomberg) -- As the coronavirus pandemic is reshaping the business world and boosting online retailers and streaming services, another corner of the digital economy is thriving at least as much: cybersecurity.Software maker Avast Plc expects long-lasting benefits from people around the world switching to home office as online workspace faces growing security threats, Chief Executive Officer Ondrej Vlcek said in an interview.Avast shares have rallied since mid-March, almost doubling its market value as a surge in remote working boosts sales and helps the Prague-based company recover from an earlier privacy scandal. It’s now joining the FTSE 100 Index, the first from the European Union’s eastern flank to win the blue-chip accolade in London just two years after selling shares.“There are surprisingly few technology companies in FTSE 100,” Vlcek said before the index changes were announced on Wednesday. “Not only are the tech stocks now more resilient than most other industries, but Covid-19 has also been associated with a significant increase in cyber attacks. So I don’t see it as a coincidence that we’re being added now.”Read more: FTSE Reshuffle Shows Lockdown Impact With Travel Out, DIY InCyber criminals are increasingly trying to exploit weaknesses of the new digital universe where millions of people log on to work from home. That’s boosting demand for defense against attacks like ransomware or data theft. Avast, which provides protection for individuals and small enterprises, sees such business boost lasting after the health crisis abates.“People will still be trying to avoid packed trains and other crowds,” Vlcek said. “The global pandemic will be an impulse for employers who previously didn’t encourage work from home to rethink their approach.”Read more: Danske Creates Permanent Work-From-Home Option for BankersExpectations of Avast’s promotion helped lift the share price to a four-month high of 518 pence two days ago. It has since retreated, trading at 490.2 pence on Thursday as of 12:53 p.m. in London, almost twice the price at which the company sold shares in its May 2018 IPO.While some other companies are delivering even bigger returns, among them Zoom Video Communications, Avast has outperformed the tech-heavy Nasdaq 100 benchmark and some of its behemoths like Amazon.com Inc.Avast shares have now almost fully recovered from the impact of reports that its marketing subsidiary Jumpshot was selling sensitive customer data. After the scandal early this year prompted some users to uninstall the company’s software, Avast decided to wind down the unit at a cost of about $25 million and stay away from the data-analytics business.While monetizing user data is helping profits of Internet giants such as Facebook or Google, the practice is raising concerns about potential abuses and attracting more scrutiny from regulators.The Avast CEO said testing such avenue was “a mistake and gross misjudgment,” but it has helped the company realize it should focus more on services for those willing to pay for better control of their privacy.“Not only do we find that much more compatible with our core mission and our values, but we also see the data-privacy segment as having a bigger potential from the business-strategy point of view,” Vlcek said. “I see a huge opportunity for companies like Avast in that our business model no longer depends on data mining and this could help us stand out.”Floppy DisksAvast founders Eduard Kucera and Pavel Baudis created their first anti-virus program in 1980s communist Czechoslovakia, when malware was mostly spread by floppy disks. Now, the company says it has more than 400 million users worldwide, prevents about 1.5 billion attacks per month, and its market capitalization is 5 billion pounds ($6.3 billion).That makes Avast the second-biggest publicly traded Czech company, even as its home country is far from being a hotbed for startups. Ex-communist central Europe still relies overwhelmingly on traditional manufacturing with lower-paid jobs and has been struggling to embrace more advanced services and technologies that are more common in the West.Most of Avast’s more than 1,700 employees, including the CEO, are based in the Czech Republic, but its smaller offices in California and London tend to host a majority of the product managers. They create the most value by coming up with new ideas and making them commercially viable.Still, the company expects a long-term shift toward remote working, which will transform white-collar jobs around the world as more people will look for careers outside their home countries or even continents.“The increased role of remote work is an equalizer of sorts in that it makes it less relevant where you live,” said Vlcek. “It’s good for workers, who won’t need to commute, it’s good for the environment, and it could be extremely good for diversity and inclusion of, for example, women with small children.”(Updates with share price in eighth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Yahoo Finance UK
Backlash over HSBC and Standard Chartered's support for China's Hong Kong security law
The banks have been accused of putting profits before people by supporting the widely condemned law.
- Yahoo Finance UK
Coronavirus: One in four UK manufacturers 'planning redundancies'
Manufacturing chiefs warn redundancies are likely, despite the UK government's furlough scheme.
- Yahoo Finance UK
What to watch: EasyJet and Carnival drop out of FTSE 100, ECB in focus, and car companies cut jobs
A daily overview of the top business, market, and economic stories to watch in the UK, Europe, and abroad.
- Yahoo Finance UK
Coronavirus: How UK government spends billions to support the economy
Downing Street has launched a wide variety of programmes to support businesses through the COVID-19 crisis — here are all the main ones.
- Yahoo Finance UK
Coronavirus: Ryanair boss slams 'useless and ineffective' travel quarantine
Michael O'Leary warned the 14-day rules will do 'untold damage' to firms, but the UK government warns imported cases risk a second peak of the coronavirus.
- Yahoo Finance UK
Coronavirus: Aston Martin and Lookers cut 2,000 jobs as car sales plummet
Figures from the Society of Motor Manufacturers and Traders (SMMT) showed new car sales fell by 89% in May.
- Reuters
UK stocks end lower as risk rally pauses for breath
The FTSE 100 <.FTSE> closed down about 0.6%, while the mid-cap index <.FTMC> fell 0.4%. Both indexes have gained substantially over the past few weeks as the UK economy emerges from lockdown. Heavyweight HSBC <HSBA.L> and its banking peers were among the biggest drags on the FTSE 100 after the Bank of England said it will gather more information from lenders on their likely lending losses.
- Reuters
ICG assets under management rise, but investment arm feels COVID-19 pain
AUM as at March 31 were 45.3 billion euros, compared to 37.08 billion euros a year earlier, the British asset manager said, which recently took a spot on the FTSE 100 bluechip index. "We expect lower fundraising and investment activity in the short term, but our market fundamentals remain strong, our exposure to the most affected sectors is limited, and we are working closely with all our investments and portfolio companies to help them adapt to this new environment", Chief Executive Benoit Durteste said.
- Yahoo Finance UK
Coronavirus: Brits willing to pay 4% more income tax to fund £300bn pandemic bill
Most Brits accept tax increases as a 'necessary evil' arising from the coronavirus, and are willing to pay more eventually as spending soars and tax receipts plummet.
- Yahoo Finance UK
Five ways to reduce screen time when working from home
Our lives revolve around our screens but too much screen use can be detrimental. Here's how to reduce screen time when working from home.
- Yahoo Finance UK
Coronavirus: 1.1 million people 'plunged into poverty' in UK by 2021
Experts warn mounting job losses and lower incomes will leave more households struggling, including 200,000 children.
- Yahoo Finance UK
Coronavirus: 14 million UK households face £288m energy bill shock
Household energy consumption has risen as people spend more time at home under lockdown.
