Market news


TOP NEWS: Rio Tinto revenue steady, as profit rises on lower costs

Rio Tinto PLC on Wednesday reported a slight rise in revenue in the first half of 2024, while profit benefited from lower energy and commodities...

Wed, 31/07/2024 - 10:02


LONDON BROKER RATINGS: Citi ups LondonMetric; UBS cuts Great Portland

The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday:

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FTSE 100

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Citigroup cuts Diageo price target to 2,900 (3,000) pence - ’buy’

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Bernstein cuts Diageo...

Wed, 31/07/2024 - 09:56


TOP NEWS: Taylor Wimpey profit plummets as UK completions slump

Taylor Wimpey PLC on Wednesday said it is on track to meet full-year guidance as the company emerges from a more challenging first half.

The Buckinghamshire,...

Wed, 31/07/2024 - 09:55


UPDATE: HSBC announces interim CFO as eyes net interest income jump

HSBC Holdings PLC on Wednesday announced an interim chief financial officer as it announced as slight profit dip but anticipates net interest income will surge...

Wed, 31/07/2024 - 09:51


TOP NEWS: GSK’s raised outlook clouded by weak vaccines, Shingrix drop

GSK PLC on Wednesday raised its annual guidance after a strong second quarter but shares fell on a lowered outlook for its Vaccines arm and...

Wed, 31/07/2024 - 09:34


LONDON MARKET OPEN: Stocks green amid flurry of earnings ahead of Fed

Stocks in Europe traded higher on Wednesday morning amid a slew of corporate earnings and a rise in oil prices, after the Bank of Japan...

Wed, 31/07/2024 - 09:13


Shaftesbury Capital boosts interim dividend as leasing remains strong

Shaftesbury Capital PLC on Wednesday hiked its interim dividend, as leasing remained strong, though half-year profit reflected a huge one-time gain a year before.

The...

Wed, 31/07/2024 - 08:58


Funds for new UK clean power schemes in boost to record £1.5 billion

The UK government is increasing the budget to support the next wave of renewable energy schemes to a record £1.5 billion, it has announced.

Labour has...

Wed, 31/07/2024 - 06:59


Taxes will likely be raised in this autumn - UK Chancellor Reeves

Taxes will likely be raised in the budget later this year, new UK Chancellor Rachel Reeves has said.

The chancellor said Labour would stick to its...

Wed, 31/07/2024 - 06:57


Business confidence in Scotland has surged in July, reports shows

Business confidence in Scotland has surged in July, driven by increased optimism in both business prospects and the economy, according to a report.

The latest Bank...

Wed, 31/07/2024 - 06:33


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