FTSE 100 Live: Stocks jittery as Trump eyes Iran ‘grand bargain’; Reeves to meet Bessent Markets Good morning and welcome back to the City AM liveblog. Hopes of peace talks in the Middle East were back on the table this morning, though markets weren’t holding there breathe after weeks of bait-and-switches. Donald Trump described the war with Iran as “close to over” during an interview with Fox news. “I think it’s [...]
Rolls-Royce shares hit new high as FTSE 100 rallies to record Markets Rolls-Royce was among a whole host of City heavyweights storming higher on Wednesday helping the FTSE 100 seal another record. The aerospace giant jumped 2.2 per cent to 1,325.50p taking it to a new all-time high ahead of January’s previous peak of 1,305.00p. The move came as defence titan BAE System jumped near four per [...]
Antofagasta’s shares dip despite soaring revenue Business London listed Mining company Antofagasta saw its share’s dip in early morning trading despite reporting a rise in revenue, driven by increased commodity prices and booming demand. The Chilean based group recorded a 30 per cent jump in revenue to $8.6bn (£6.3bn), reflecting copper prices reaching record highs in 2025, coupled with the rising prices [...]
FTSE 100 hits fresh record after gold and silver rout February 2, 2026 The FTSE 100 hit a fresh record on Monday despite being swept up in a global sell-off of metals and tech stocks that had pushed Asian and European stock markets deep into the red earlier in the day. The UK’s blue-chip index closed up 118 points to end the day at an all-time high of [...]
Mining has its mojo back – will London miss out? October 15, 2025 After years spent cast as the underbelly of the global economy, mining is undergoing a reputational and financial revival. Ali Lyon explores what’s behind the renaissance, and whether London risks losing its status as the industry’s spiritual home as a result. With his thick-rimmed spectacles, salt-and-pepper hair and wiry, lean build, Gustavo Pimenta is a [...]
Gold seals record high as Trump heads for government showdown September 29, 2025 Gold has once again smashed a record high, spurred on by tensions in the US as President Donald Trump heads for a showdown with congressional members. The yellow metal breezed past the $3,800 mark this morning with a 1.2 per cent gain as investors flocked to the safe haven asset whilst political tensions in Washington [...]
Trump tariffs: FTSE 100 holds steady as pharma and metals brace for levies July 9, 2025 The FTSE 100 opened 22 points up this morning, despite threats of pharma and metals tariffs with stark implications for major stocks on the blue chip index. President Trump has said that an announcement is coming “very soon” on pharmaceutical tariffs – with a possible 200 per cent rate landing in “about a year”. Major [...]
Tesla and Apple shares surge as US markets rally on trade deal May 12, 2025 Markets on Wall Street soared on Monday as investors welcomed the trade progress between the US and China. The S&P jumped over 2.6 per cent as markets opened and the Dow Jones 2.41 per cent. Amazon gained over seven per cent and Nike six per cent. The tech-heavy Nasdaq rallied 3.5 per cent. Tech giants [...]
Antofagasta: Copper miner’s profit jumps amid booming demand February 18, 2025 Mining giant Antofagasta has reported a five per cent increase in revenue for 2024, driven by higher copper prices, although growth was partially offset by lower sales volumes. The group posted revenue of $6.6bn (£5.2bn) while earnings before interest, tax, depreciation and amortisation (EBITDA) rose 11 per cent to $3.4bn. Profit before tax climbed five [...]
Antofagasta: Output at FTSE 100 mining giant to disappoint July 17, 2024 Output at the Chilean mining conglomerate Antofagasta is likely to come in at the lower end of the firm's guidance in its full year results, the firm has said, despite copper production rising by 20 per cent between April and the end of June.