Shell: FTSE 100 giant’s shares rise after unveiling buyback and profit hit May 2, 2025 Shell recorded a sharp fall in first-quarter profits on Friday, after crude oil priced weakened amid geopolitical uncertainty. The FTSE 100 oil giant recorded adjusted earnings of $5.58bn (£4.2bn) for the first three months of the year. Whilst this surpassed analyst expectations of $4.96, it marked a stark fall from the $7.73bn reported for the [...]
Trump points finger at Biden as US stocks sink amid recession fears April 30, 2025 Donald Trump has lashed out at Joe Biden, insisting that his presidential predecessor was to blame after the US economy suffered its worst-performing quarter in three years. A slew of disappointing economic data sent US stocks sharply south on Wednesday as the clearest signs yet of the damage wreaked by the White House tariff agenda [...]
FTSE 100 continues longest winning streak since 2017 April 30, 2025 The FTSE 100 is on track for another strong day after 12 days of positive performance, marking its best winning streak since 2017 amid a calming of investor nerves over an erratic US tariff policy. London’s main index has had a positive performance every day since 10 April, and is currently up 0.12 per cent [...]
GSK shares rise as FTSE 100 giant ‘well positioned’ for pharma tariffs April 30, 2025 British drugmaker GSK insisted it was “well positioned” to respond to the impact of sector-specific tariffs amid widespread speculation President Donald Trump is set to target pharmaceutical imports with his tariff agenda. Trump voiced his desire to slap tariffs on pharma products in the “not too distant future”. He previously said: “We don’t make our [...]
Barclays shares jump as investment arm cashes in on market storm April 30, 2025 Barclays enjoyed a bumper first three months of 2025 as its investment and private banking arms cashed in on market volatility. The bank’s share rose over 1.5 per cent during early trading on Wednesday. The FTSE 100 giant’s investment bank bolstered income by 16 per cent to £3.9bn, compared to £3.3bn from the same period [...]
Porsche: Trump tariffs and China troubles to slash sales and profit April 29, 2025 Porsche has cut its forecasts for 2025 amid fears over the impact of President Donald Trump’s tariffs on the global car industry. The luxury sports car maker expects to report a profit margin of between 6.5 to 8.5 per cent this year, down from prior guidance of 10 to 12 per cent. Revenue is also [...]
US tariffs threaten to derail UK economic growth, EY warns April 28, 2025 UK economic growth could slow sharply over the next two years as US tariffs weigh heavy on spending and investment, and uncertainty washes over households and businesses, new forecasts show. Recovery from a period of stagnant growth will be directly hampered by US President Donald Trump’s plans, EY Item Club said in a new report. [...]
Zelensky says Vatican meeting with Trump ‘has potential to become historic’ April 26, 2025 Volodymyr Zelensky said his meeting with Donald Trump on the fringes of the Pope’s funeral “has potential to become historic”. The Ukrainian president and his US counterpart met within St Peter’s Basilica after they each paid respects at Francis’ coffin. A photograph of the two leaders shows them sat opposite one another on chairs within [...]
Presidents, prime ministers and cardinals gather for funeral of Pope Francis April 26, 2025 Presidents, prime ministers and cardinals have gathered for the funeral of Pope Francis as huge crowds descended upon Vatican City. The Catholic faithful are bidding a final farewell to a religious leader dubbed the “people’s pope”, whose death sparked tributes from across the globe. The 88-year-old, who died on Easter Monday, has been hailed for [...]
Argentex agrees to IFX takeover as boss steps down April 25, 2025 Currency management firm Argentex confirmed on Friday it had agreed to a takeover by IFX Payments just hours after its chief executive exited the company. IFX will pay 2.49 pence per share in the takeover deal, which values Argentex at near £3m. The company will also provide the AIM-listed firm with secured bridge funding of [...]