Category: Europe

London’s FTSE 100 snapped a three-day winning streak, dragged by mining stocks, while positive business data helped sustain the sentiment. The blue-chip FTSE 100 closed 44 points or 0.6 per cent down, while the domestically focused FTSE 250 closed half a per cent down. Retailer B&M Europe took a fall of 3.9 per cent while […]

London’s FTSE 100 snapped a three-day winning streak, dragged by mining stocks, while positive business data helped sustain the sentiment. The blue-chip FTSE 100 closed 44 points or 0.6 per cent down, while the domestically focused FTSE 250 closed half a per cent down. Retailer B&M Europe took a fall of 3.9 per cent while […]

London’s FTSE 100 snapped a three-day winning streak, dragged by mining stocks, while positive business data helped sustain the sentiment. The blue-chip FTSE 100 closed 44 points or 0.6 per cent down, while the domestically focused FTSE 250 closed half a per cent down. Retailer B&M Europe took a fall of 3.9 per cent while […]

London’s FTSE 100 snapped a three-day winning streak, dragged by mining stocks, while positive business data helped sustain the sentiment. The blue-chip FTSE 100 closed 44 points or 0.6 per cent down, while the domestically focused FTSE 250 closed half a per cent down. Retailer B&M Europe took a fall of 3.9 per cent while […]

Friday, 4th June German IHS Markit Construction PMI (May) Eurozone Retail Sales (MoM) (Apr) ECB President Lagarde Speaks The Majors It was mixed day for the European majors on Thursday. The DAX rose by 0.19%, while the CAC40 and the EuroStoxx600 fell by 0.21% and by 0.12% respectively. Positive economic data from both the Eurozone […]

Thursday, 3rd June Spanish Services PMI (May) Italian Services PMI (May) French Services PMI (May) Final German Services PMI (May) Final Eurozone Markit Composite PMI (May) Final Eurozone Services PMI (May) Final Friday, 4th June German IHS Markit Construction PMI (May) Eurozone Retail Sales (MoM) (Apr) ECB President Lagarde Speaks The Majors It was another […]

Temporarily out of use EasyJet aircraft at Gatwick Airport – Chris J Ratcliffe /Getty Images Europe 03:54 PM Germany may need UK energy imports within years Germany could be forced to import energy from Britain within years, according to new research, as the UK’s shift to green power takes off. My colleague James Cook reports: […]

Temporarily out of use EasyJet aircraft at Gatwick Airport – Chris J Ratcliffe /Getty Images Europe 03:54 PM Germany may need UK energy imports within years Germany could be forced to import energy from Britain within years, according to new research, as the UK’s shift to green power takes off. My colleague James Cook reports: […]

Temporarily out of use EasyJet aircraft at Gatwick Airport – Chris J Ratcliffe /Getty Images Europe 03:54 PM Germany may need UK energy imports within years Germany could be forced to import energy from Britain within years, according to new research, as the UK’s shift to green power takes off. My colleague James Cook reports: […]

Reuters Bitcoin is a “farce” – Amundi CIO Cryptocurrencies such as bitcoin are a “farce” and a symptom of bubbles forming in financial markets, Amundi chief investment officer Pascal Blanque said on Thursday. Bitcoin, trading at around $ 39,364, fell 35% last month after China doubled down on efforts to prevent speculative and financial risks […]

Global equities slid on Thursday, led by US technology stocks, as investors grew increasingly worried about rising inflation. The tech-heavy Nasdaq Composite was 1 per cent down at lunchtime in New York, while the blue-chip S&P 500 slid 0.2 per cent. Big tech stocks including Facebook, Apple and Google parent company Alphabet were down more […]

(Updates throughout)    * European stock index turns negative    * Bond yields in Europe, U.S. steady    * Oil prices gain for a third session in a row    * Currencies moves limited to tight ranges    * Graphic: World FX rates https://tmsnrt.rs/2RBWI5E    By Tom Arnold and Swati Pandey    LONDON/SYDNEY, June 3 (Reuters) – World stocks clung close to […]

Cryptocurrency mining equipment. Photo: Getty Images London-listed bitcoin mining business Argo Blockchain (ARB.L) said production delays have impacted its purchase of mining machines, dealing a blow to expansion plans. Argo had bought new machines “with a total of 540 petahash (PH) from a leading manufacturer”, it said, but the order was cancelled due to the […]

(Updates throughout) * European stock slip * Bond yields in Europe, U.S. steady * Oil prices dip after recent gains * Currencies moves limited to tight ranges * Graphic: World FX rates https://tmsnrt.rs/2RBWI5E By Tom Arnold LONDON, June 3 (Reuters) – World stocks stepped back from record highs on Thursday as investors weighed inflation concerns […]

B&M store – Paul Faith/PA The boss of B&M has hit out at “nonsense” Irish border rules that he said have forced the discount chain to conduct excessive veterinary checks to ship Pot Noodles across the Irish Sea. Simon Arora, its chief executive, urged ministers to step in and resolve disruption as Brexit red tape […]

Gold bullion bars sit following casting at a refinery in Germiston, South Africa. Photographer: Waldo Swiegers/Bloomberg Russian gold producer Nordgold has announced plans to float on the London Stock Exchange (LSEG.L) to capitalise on the soaring price of the precious metal. The company, which is planning a secondary listing in Russia, will sell a 25% […]

(Adds European, U.S. stock futures in para 2, analyst comment in paras 9-12, bullets; updates prices and levels throughout) * Asian stock markets : https://tmsnrt.rs/2zpUAr4 * European futures point to a record high for STOXX 600 * MSCI Asia ex-Japan slightly below Wednesday’s 3-month top * Oil prices gain for a third session in a […]

London’s FTSE 100 secured modest gains on Wednesday as heavyweight oil and banking stocks advanced to give an overall boost to the index. The blue-chip index rose 27 points, or 0.4 per cent, while the domestically focused FTSE 250 was up 58 points, or 0.25 per cent. Oil major BP was up 2.2 per cent […]

Moonshot founders Vidhya Ramalingam (left) and Ross Frenett. Photo: Moonshot Moonshot, a UK-based data analytics firm that tackles online threats ranging from white supremacy to child trafficking, has said the pandemic has “substantially changed” the nature of these menaces. “In the last year, as we spent more time online than ever before, we have seen […]

Reuters Malaysia’s Axiata joins hands with RHB Bank to seek digital bank licence KUALA LUMPUR (Reuters) -Malaysian telecoms firm Axiata Group Bhd and RHB Bank Bhd said on Wednesday they have teamed up to apply for for a digital banking licence, joining what is expected to be a crowded field for a handful of licences […]