FTSE 100 today: London shares to open lower amid fading US rate cut hopes, Middle East tensions April 16, 2024 Asian stocks faltered after Wall Street's tech slump, while oil prices surged due to Middle East tensions. China's Q1 GDP soared at 5.3 per cent, yet March's new home prices plummeted. Additionally, the yen hit its lowest level since 1990. Eyes are now on the UK employment data and Fed Chair Powell's speech.
China’s Q1 GDP exceeds expectations amid policy support, but all is not well April 16, 2024 China's economy surged by an impressive 5.3% in the first quarter, surpassing market forecasts and sparking optimism for a revival in manufacturing.
After record rises, London rent hikes ease off April 15, 2024 Rents on private properties in London showed signs of cooling last month, according to a new report, offering a glimmer of hope for the sector after a torrid year.
Uniqlo: Viral TikTok trend helps boost European sales past £1bn April 15, 2024 Uniqlo's sales across Europe surged past €1bn (£853m) thanks to one of its products going viral on TikTok, it has been revealed.
Toulouse is the French capital of music – this is what it’s like to visit April 15, 2024 Visit the musical city Toulouse for incredible food and drink, as well as some amazing sonic attractions
Abrdn and two more City giants shun Sizewell C nuclear project April 15, 2024 The government is currently the majority shareholder and is currently investing a total of £2.5bn in financial support for the project.
Furniture Village hit by ‘fragile economic backdrop’ as sales falter April 15, 2024 A fall in customers visiting both its stores and website hit sales at Furniture Village during its latest financial year.
Bloom and Wild: Losses balloon to over £100m at flower seller as cost of living crisis bites April 15, 2024 Losses at the group behind Bloom and Wild ballooned to more than £100m during its latest financial year after being hit by the cost of living crisis.
Ashmore: Billions more pulled from asset manager as emerging markets’ demand sags April 15, 2024 Emerging markets asset manager Ashmore Group reported that customers pulled billions more from their funds at the start of 2024.
Meet the fund managers: Matching multi-asset to macroeconomic shifts April 15, 2024 This week on Meet the Fund Managers, we’re hearing from Bhavin Shah, lead manager on the multi-asset BNY Mellon FutureLegacy range.