The week that was: St James’s Place and Reckitt lead painful few days for the City March 2, 2024 A week in which 50 firms posted their final results was always going to produce some news. St James's Place and Reckitt defined a bruising few days for the Square Mile.
Moving markets: Five things shaping the FTSE 100 today March 1, 2024 Both the Nasdaq Composite and S&P 500 reached record highs, while the Nikkei also hit a new peak. However, China's manufacturing activity slowed for the fifth straight month. Oil prices surged amid Gaza deaths, complicating ceasefire talks. All eyes are on global factory PMI data.
Hamilton Lane: Why retail investors should be diving into private markets February 29, 2024 The new co-CEO of Hamilton Lane has one goal: getting retail investors excited about private markets.
FTSE 100 close: London markets move higher after boost from US inflation figures February 29, 2024 London markets moved higher on a busy morning of corporate results, with shares in Ocado and Haleon both rising significantly.
FTSE 100 today: London markets set for cautious open as U.S. inflation data looms large February 29, 2024 Asia mirrors Wall Street's decline, bitcoin breaches $60,000, and oil prices fall; all eyes are on US PCE inflation data for market direction.
Bitcoin blasts through $63,000; experts predict meteoric rise February 29, 2024 Bitcoin surged beyond $63,000 on Wednesday, marking its highest level in over two years, fuelled by a wave of investment into new U.S. spot bitcoin exchange-traded products.
FTSE 100 close: London sinks into the red as shares in St James’s Place crash, Reckitt and Taylor Wimpey fall February 28, 2024 Shares in St James Place plummeted after it slashed its dividend and warned that costs connected to complaints would be a drag on growth in the coming year.
FCA under fire for ‘sinister’ plans to ‘name and shame’ firms February 28, 2024 City lawyers have launched a broadside on the Financial Conduct Authority today for what they call “sinister” plans to change enforcement rules that could unfairly damage the reputation of firms.
Moving markets: Five things shaping the FTSE 100 today February 28, 2024 Asian markets stalled as investors awaited U.S. inflation data, while the New Zealand central bank maintained interest rates. Bitcoin surged to $57,622, but oil prices fell. Attention now turns to U.S. GDP figures and Federal Reserve speeches.
eBay surges nearly four per cent as earnings beat estimates February 28, 2024 The shares of e-commerce giant eBay surged nearly 4% in extended trading sessions after it exceeded market expectations for both quarterly revenue and profit, largely driven by strong consumer spending during the holiday period.