FTSE 100 live: London rallies at end of week after mixed bag for European and US markets September 8, 2023 The FTSE 100 rallied at the end of the week to finish up by half a percent, after a mixed bag in Europe and US markets weighed down sentiment earlier on. London’s premier bluechip index was at 7,478.19 points by close, finishing 0.49 per cent up after hovering between being under marginally up and down [...]
Oil prices slide as holiday season ends and China’s economy weighs down prices September 7, 2023 Oil prices have dipped this morning with autumn approaching and expectations of easing jet fuel demand.
FTSE 100 close: London markets mixed as weaker pound helps offset fears over China September 7, 2023 The FTSE 100 climbed 0.1 per cent to trade at 7,434.79 although the FTSE 250 remained in negative territory, down 0.1 per cent at 18,425.43.
China bans government officials from using iPhones for work – report September 6, 2023 China has reportedly ordered officials at central government agencies not to use Apple's iPhones or other foreign-branded devices for work.
Renault boss sees potential £8.6bn valuation for EV unit float next year September 5, 2023 The initial public offering (IPO) of Renault's Ampere electric vehicle division could get a valuation of up to €10bn (£8.55bn), CEO Luca de Meo said.
FTSE 100 close: London markets falls after poor services PMI data raises risk of recession September 5, 2023 By the mid-afternoon, the FTSE 100 was trading around 0.3 per cent higher while the midcap FTSE 250 rose 0.1 per cent.
China: Country Garden avoids default after making interest payments on offshore bonds September 5, 2023 Property developer Country Garden has made interest payments on two US dollar bonds just before a grace period was coming to an end, ensuring it avoided default.
BMW boss warns EU combustion engine ban will fuel China price war September 4, 2023 The chief executive of BMW has warned EU plans to ban combustion engine vehicles are forcing European carmakers into a price war with Chinese competitors.
China: Country Garden share price soars after vote to restructure debt and avoid default September 4, 2023 Shares in Chinese property developer Country Garden soared after investors backed proposals to restructure its debt, easing pressure on the embattled company.
FTSE 100 close: London markets slip into red as optimism from China stimulus wears off September 4, 2023 The blue-chip FTSE 100 index fell 0.16 per cent at 7,452.76 while the midcap FTSE 250 index fell 0.1 per cent to trade at 18,524.14.