Eon UK returns to profit for the first time since 2020 with £700m swing July 8, 2024 The UK arm of energy giant Eon has returned to the black for the first time since 2020 after a swing of more than £700m.
FTSE 100 today: London markets brace for caution amid French election deadlock July 8, 2024 Asian markets mixed, euro fell amid France election gridlock. Focus on UK GDP, Wall Street earnings, Fed Chair Powell's testimony, and US CPI.
FTSE 100 today: London markets set to open higher as Labour seen winning July 5, 2024 Asian stocks hit record highs; pound steady post-Labour win, gold traded higher; investors eye US jobs data.
FTSE 100 today: London markets to remain volatile amid election jitters July 4, 2024 Asian markets reached 27-month highs, oil prices fell, and the US dollar held steady, with global focus now on the UK election.
Baillie Gifford-run trust ditches £20m Rio Tinto stake over ESG concerns July 3, 2024 An investment trust run by Scottish asset manager Baillie Gifford has ditched its £20m stake in Rio Tinto, calling out the mining giant for inadequate ESG practices.
FTSE 100 today: London markets to open higher on rate cut wagers July 3, 2024 Asian stocks surged on rate cut expectations, with the yen near 38-year lows. Focus on Fed minutes, ISM services PMI, and UK elections.
Russian gas flooding Europe: New government should “seize the opportunity” to close loopholes in sanctions regime, warns lawyer July 2, 2024 A British business that trades in Russian liquefied natural gas by operating an "unusual ship", has not been breaching the sanctions put in places after the Russian invasion into Ukraine
FTSE 100 today: London markets to open lower on weak Asian cues, focus on elections July 2, 2024 Asian markets mixed amid Trump re-election speculation, yen near 38-year low; Eyes on French election deadline and US Jolts.
Ineos Energy favours US and Denmark expansion as Britain puts ‘pain’ on industry July 1, 2024 The chief executive of Ineos Energy has said the business will prioritise expansion in the US and Denmark over Britain, arguing that the country's politicians have put "pain" on the oil and gas sector.
FTSE 100 today: London markets to trade cautiously ahead of July 4 election July 1, 2024 Asian stocks mixed, euro strengthens on French election, yen weakens post-Japan GDP downgrade; focus on French, UK elections, US jobs data.