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  • As it happened: Stocks rise; oil falls after Trump pauses Iran strikes

    Markets

    Welcome back to the City AM FTSE 100 liveblog. It’s Monday and the FTSE 100 has made a positive start to the week, gaining more than 70 points on the market open after oil prices began to fall from last week’s two-month highs. Brent crude, the international benchmark for oil prices, slipped to $90.58 in early trading [...]

    Donald Trump holding a red TRUMP 2028 hat, wearing a tuxedo with an American flag in the background
  • ‘Extraordinary denial of reality’: Ricardo shareholder pens open letter amid vote to oust chair

    Markets

    One of the largest shareholders in transport and energy consultancy Ricardo has blasted the firm’s “blinkered perspective” and “extraordinary denial of reality” ahead of a vote to oust its chair. Science Group, which controls around a fifth of the share capital of the London-listed business, earlier this month called for a general meeting of shareholders [...]

    Ricardo's biggest shareholder has written to the group attacking its stance
  • Science Group hikes share buyback programme despite dip in revenue

    Science

    Record profit first half profit at Science Group driven by a well choreographed turnaround at one of its major brands helped the consultancy and systems specialist to increase its share buyback programme.

    Submarine HMAS Sheean returns alongside to family and friends at Fleet Base West, Rockingham, Western Australia.

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