Lords summon FCA chief over controversial ‘name and shame’ plans May 2, 2024 A group of peers has launched a stinging attack on the boss of the FInancial Conduct Authority today after he “failed” to address concerns over the regulator’s controversial ‘name and shame plans.
FTSE 100 today: London shares poised to rise after US Fed maintains status quo; eyes on Apple and StanChart earnings May 2, 2024 Asian markets opened cautiously on Thursday after the US Federal Reserve signalled a delay in interest rate cuts, dragging Wall Street lower. Oil prices surged in anticipation of US reserve replenishment, and the yen strengthened amid intervention speculation. Qualcomm's stock surged on strong earnings. Focus now turns to earnings reports from Apple and StanChart.
FTSE 100 today: London stocks to stay subdued in light trading as Asia and Europe mark Labour Day holidays May 1, 2024 Asian markets were mixed following Wall Street's poor performance. Concurrently, oil prices experienced a decline while gold remained stable. Starbucks, AMD, and Supermicro saw significant stock declines. Now, all eyes are on the upcoming US Federal Reserve policy decision and Chair Jay Powell's remarks.
Amazon’s stock surges on strong earnings, fuelled by AI-driven cloud growth May 1, 2024 Amazon.com surpassed Wall Street's expectations in its quarterly report, buoyed by the surge of interest in artificial intelligence, particularly in its cloud-computing division, propelling the retail giant's shares up to 5% in after-hours trading.
St James’s Place: Why these City analysts say buy the scandal-hit stock April 30, 2024 In a first quarter trading update today, the FTSE 100 money manager reported a sharp slide in in flows to £710m, down from £2bn in the same period last year, and below market expectations of £900m.
City of London: Our investment crown could slip without fast reform April 30, 2024 The UK must push through a package of reform or risk losing its status as a top destination for financial services investment, the City of London Corporation has warned.
Watch out FTSE 100: Bloomberg is coming after ‘entrenched’ players April 30, 2024 The indices were launched last month in the UK as well as France, Germany, Italy and a range of other countries around the world.
FTSE 100 today: London markets set to extend record streak on strong global cues April 30, 2024 Asian stocks tracked Wall Street's gains, while Japan's yen held firm after suspected intervention spurred sharp gains. Oil prices dipped amidst Israel-Gaza ceasefire talks, and China's factory activity expanded for the second month. Investor attention was on the upcoming Fed policy decision and earnings reports from Amazon.com and Coca-Cola.
China’s April activity growth slows, raising doubts on economic recovery April 30, 2024 China experienced a slowdown in growth in both its manufacturing and services activities in April, indicating a sluggish start to the second quarter for the world's No. 2 economy.
Private jet firm plots flight away from the London Stock Exchange April 29, 2024 Private jet firm Gama Aviation has revealed plans to quit the London Stock Exchange’s junior AIM market in the latest of a flood of exits from the bourse in recent weeks.