Watches of Switzerland shares slump as Trump ups tariffs August 1, 2025 Watches of Switzerland saw its share price drop more than seven per cent in early trade as investors shied away from the effect of Trump’s sweeping new tariffs. On Friday morning, Trump announced a new tariff rate of 39 per cent for Swiss exports to the US – higher than the initial ‘Liberation Day’ tariff [...]
FTSE 100 giants Rolls-Royce and Shell lead City market rally July 31, 2025 A fleet of corporate news helped the FTSE 100 edge up in early trading on Thursday with a number of rallies from the index’s heavyweights. Positive updates from Rolls-Royce and Rentokil helped London’s flagship stock market rise 0.5 per cent to 9.182.34 as markets opened. Rentokil topped the risers with a 11 per cent surge [...]
Shell: FTSE 100 giant takes profit beat amid weak oil prices July 31, 2025 FTSE 100 juggernaut Shell posted a dramatic hit to earnings in the second quarter amid a volatile period for oil and gas prices. The London-listed oil major recorded $4.26bn (£3.21bn) marking a 32 per cent fall from the second quarter of 2024, where the firm pocketed $6.29bn. But Shell managed to scrape past an LSEG-compiled [...]
Standard Chartered wealth arm booms in volatile second quarter July 31, 2025 Standard Chartered’s wealth and markets arms boomed in a volatile second quarter of the year driving a surge in profit at the London-listed bank. The FTSE 100 firm recorded a 47 per cent uptick in global markets income on a constant currency basis, as takings topped $1.2bn (£900m) for the second quarter. Meanwhile, wealth solutions [...]
HSBC shares sink as impairment charge triggers 29 per cent profit hit July 30, 2025 Europe’s biggest lender HSBC suffered a 29 per cent annual hit to profit in the second quarter of the year after a hefty impairment charge related to business in China. The FTSE 100 juggernaut posted a $6.3bn (£4.72bn) pre-tax profit, missing analyst expectations of $6.99bn. This came as the lender recorded a $2.1bn write-down for [...]
Barclays investment bank powers £1bn profit jump in first half July 29, 2025 Barclays rounded off the first half of 2025 with a major bump in profit as its all-important investment banking arm rallied on global markets turmoil. The FTSE 100 bank delivered a 28 per cent increase in profit before tax as it topped £5.2bn for the first six months of the year. The firm’s investment bank [...]
Wise shareholders overwhelmingly approve plans to ditch UK primary listing July 28, 2025 UK fintech Wise has curbed a potential shareholder revolt to seal the transferal of its primary listing to the US despite an investor backlash over additional terms within the proposal. More than 90 per cent of Class A shareholders and 84.6 per cent of Class B shareholders approved the deal, which will see the firm [...]
UK markets face ‘serious challenge’ in risk-averse investors July 28, 2025 UK stocks are being stung by national risk aversion with Brits “low emotional capacity for risk” triggering widespread under-investment. Nearly six in ten Brits were unwilling to face the prospect of short-term losses on investments, according to Fresh research from Oxford Risk found and the UK’s second largest platform for private investors, Interactive Investor. Over [...]
Everyman: Shares in luxury cinema rise after revenue spikes July 28, 2025 Shares in Everyman spiked nearly five per cent morning after the upmarket cinema group reported double digit profit growth. The chain, which has 48 venues across the UK, told markets this morning that revenue in the first half of 2025 rose 21 per cent to £56.5m. Earnings before interest, tax, depreciation and amortization (EBITDA) rose [...]
European markets rally as Trump and EU ink trade deal July 28, 2025 Markets across Europe opened in the green on Monday morning after President Donald Trump sealed a trade deal with the EU after months of discussion. The Cac 40 in Paris was up over one per cent and Germany’s DAX and Amsterdam’s AEX nearly one per cent. In London, the FTSE 100 jumped over 0.4 per [...]