Melrose remains on track as Engines arm powers strong first quarter

Melrose Industries PLC on Thursday backed recently increased full-year guidance driven by strong growth in its Engines business.

Birmingham, England-based Melrose is a ’pure-play’ aerospace...

Thu, 02/05/2024 - 09:25

Iran slaps sanctions on US, UK over Israel support

Iran announced on Thursday sanctions on several American and British individuals and entities for supporting Israel in its war against the Palestinian militant group Hamas.

The...

Thu, 02/05/2024 - 09:14

LONDON MARKET OPEN: FTSE 100 climbs as Fed soothes rate hike worries

London’s FTSE 100 made a bright start to trading on Thursday, after Federal Reserve Chair Jerome Powell played down fears of an interest rate increase,...

Thu, 02/05/2024 - 08:53

TOP NEWS: Shell launches fresh buyback as lower earnings top forecasts

Shell PLC on Thursday announced a new $3.5 billion share buyback, alongside lower first quarter earnings which nonetheless beat market expectations.

Shares in the London-based oil...

Thu, 02/05/2024 - 08:44

TOP NEWS: StanChart backs guidance as first-quarter profit rises

Standard Chartered PLC on Thursday affirmed its annual financial guidance for 2024, reporting a strong start to the year.

The London-based, Asia-focused bank reported operating income...

Thu, 02/05/2024 - 06:25

UK Tories expect ’significant losses’ at local elections - chancellor

Jeremy Hunt has said the Conservatives will likely suffer ‘significant losses’ in the local elections as the party braces itself for a contest seen as...

Thu, 02/05/2024 - 06:22

Whitbread re-rating yet to materialise despite clear progress

Whitbread (WTB) £31.76

Loss to date: 8.5%

When we initially recommended buying Premier Inn owner Whitbread (WTB) last summer our thesis was the shares...

Thu, 02/05/2024 - 00:00

What is happening at Smithson after continuation vote dissent?

Investment trust Smithson (SSON) has work to do to repair its relationship with shareholders after recent controversy over a continuation vote at the stablemate of...

Thu, 02/05/2024 - 00:00

Alphabet joins Meta in shareholder dividend commitment

Google-owner Alphabet (GOOG:NASDAQ) shocked the market with a first-quarter announcement that it plans to kick-start regular quarterly dividends. In February 2024, Meta Platforms (META:NASDAQ) made...

Thu, 02/05/2024 - 00:00

Are we back in 1995 when it comes to the markets?

In 1995, Oasis and Blur were duking it out at the top of the charts, Barings Bank went bust and Manchester United broke the British...

Thu, 02/05/2024 - 00:00

Pages