FTSE 100 close: Markets muted as airlines are hit by Israel conflict October 9, 2023 London's FTSE markets were muted on Monday as investors grappled with the implications of the surprise attack launched on Israel by Hamas.
Will oil prices hit $100 a barrel in 2024? April 9, 2024 Against many market bets, oil prices have risen sharply throughout the first quarter of 2024. But can prices hit $100 this year?
Hammerson pins hopes on ‘£800m’ raise to survive crisis August 3, 2020 Retail landlord Hammerson is considering tapping investors for up to £600m in a bid to shore up its finances during the coronavirus crisis. Hammerson, which owns Birmingham’s Bullring shopping centre and Brent Cross in north London, also confirmed that it is in advanced talks to sell its 50 per cent stake in Via Outlets to [...]
Hammerson collects just 16 per cent of third-quarter UK rent July 1, 2020 Retail property giant Hammerson said it had received only 16 per cent of the rents it is owed in the UK so far this quarter, as the coronavirus pandemic weighs heavily on the sector. As of 29 June, the shopping centre operator said it had collected 73 per cent of UK rents for the first [...]
John Lewis closes eight stores putting 1,300 jobs at risk July 9, 2020 John Lewis has announced that it will not reopen eight stores after the UK coronavirus lockdown, putting around 1,300 jobs at risk. The company said this morning that the stores, which includes the department store at Birmingham’s Bullring shopping centre, had been struggling before the pandemic. John Lewis will also close its department store in [...]
Moving markets: Five things shaping the FTSE 100 today March 4, 2024 Asian markets rallied as Japan's Nikkei surged, bitcoin hit a two-year peak, and oil prices rose. All eyes are on the UK Budget and the Annual Chinese Communist Party (CCP) meetings, set to influence market dynamics this week.
Moving markets today: What’s shaping the FTSE 100 this morning February 9, 2024 S&P 500 inches closer to 5,000, Japanese stocks hit 34-year high, Arm shares surge 55%, Oil prices rise as Israel rejects ceasefire proposal, focus on PepsiCo earnings and Fed commentary.
Advertising giant Clear Channel sells Chinese business for $250m March 31, 2020 Clear Channel today said it has sold its business in China for $253m (£205m) as it pulled its guidance and announced a raft of cost-cutting plans to combat the coronavirus crisis. The outdoor advertising group said it will sell its 51 per cent stake in subsidiary Clear Media to Ever Harmonic — a consortium of [...]
FTSE 100 today: London markets to open red as Fed rate-cut odds dwindle, spurring global decline April 3, 2024 Asian shares mirrored Wall Street's decline, while gold reached a record high and oil prices rose. China's services sector experienced accelerated growth. Taiwan was hit by its strongest earthquake in almost 25 years. Investors awaited Fed Chair Jerome Powell's speech and the release of the US Services PMI data.
Marks & Spencer to reopen 49 cafes as UK lockdown eases May 13, 2020 Marks & Spencer (M&S) will reopen cafes across the UK with social distancing measures in place from tomorrow, as the country gradually starts to ease the coronavirus lockdown. The retailer said 49 cafes will be open to sell takeaway hot drinks following a successful trial at five locations, allowing customers to buy coffee while doing [...]