Market news


LONDON MARKET OPEN: Blue-chips fall back after mixed bag of earnings

London’s FTSE 100 fell on Tuesday, underperforming European peers, held back by some underwhelming earnings, with Diageo particularly badly hit.

The FTSE 100 index traded down...

Tue, 30/07/2024 - 09:17


IN BRIEF: WPP hires former BT CEO Philip Jansen to be next board chair

WPP PLC - London-based advertising agency - Picks Philip Jansen to be its next non-executive chair. Jansen was chief executive of telecommunications provider BT Group...

Tue, 30/07/2024 - 09:01


UK law to bring train services into public ownership clears hurdle

Government legislation designed to help nationalise train operation in the UK has moved closer to becoming law.

The Passenger Railway Services (Public Ownership) bill would ensure...

Tue, 30/07/2024 - 08:59


TOP NEWS: BP promises more shareholder returns as profit tops forecast

Shares in BP PLC rose on Tuesday as the oil major rewarded shareholders with a higher dividend and announced plans for further share buybacks.

Share in...

Tue, 30/07/2024 - 08:51


TOP NEWS: BHP teams with Lundin Mining to buy Filo for C$4 billion

BHP Group Ltd and Lundin Mining Corp have agreed to jointly acquire Filo Corp for about C$4.1 billion, or around $2.96 billion.

This C$33.00 per...

Tue, 30/07/2024 - 08:23


TOP NEWS: Glencore interim output poor, but 2024 guidance remains same

Glencore PLC on Tuesday reported mostly lower interim production in what is shaping up to be a year of two halves for the diversified miner...

Tue, 30/07/2024 - 08:04


TOP NEWS: StanChart ups income guidance on strong first half

Standard Chartered PLC on Tuesday upgraded its annual financial guidance for income growth for 2024, reporting a strong start to the year.

The London-based, Asia-focused bank...

Tue, 30/07/2024 - 06:54


TOP NEWS: UK shop price inflation at lowest rate since October 2021

Shop price annual inflation in the UK was steady in July, but uncertainty lies ahead, the latest data from the British Retail Consortium showed on...

Tue, 30/07/2024 - 06:38


IN BRIEF: Argo Group shares jump as swings to profit

Argo Group Ltd - AIM-listed alternative investment manager offering an investment platform in global emerging markets - Reports half year results. Revenue more than triples...

Mon, 29/07/2024 - 22:02


IN BRIEF: Huddled Group excited by growth potential as revenue grows

Huddled Group PLC - investor in e-commerce brands - Expects to report first half revenue of not less than £5.2 million. Trading in the second...

Mon, 29/07/2024 - 22:00


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