FTSE 100 today: London shares poised to rise after US Fed maintains status quo; eyes on Apple and StanChart earnings May 2, 2024 Asian markets opened cautiously on Thursday after the US Federal Reserve signalled a delay in interest rate cuts, dragging Wall Street lower. Oil prices surged in anticipation of US reserve replenishment, and the yen strengthened amid intervention speculation. Qualcomm's stock surged on strong earnings. Focus now turns to earnings reports from Apple and StanChart.
Good news for London’s property market as US investment rebounds May 1, 2024 Significant deals have included MCR Hotels' £275mn purchase of the BT Tower in central London and Elliott Management and Oval Real Estate's £300mn acquisition in the West End.
FTSE 100 today: London stocks to stay subdued in light trading as Asia and Europe mark Labour Day holidays May 1, 2024 Asian markets were mixed following Wall Street's poor performance. Concurrently, oil prices experienced a decline while gold remained stable. Starbucks, AMD, and Supermicro saw significant stock declines. Now, all eyes are on the upcoming US Federal Reserve policy decision and Chair Jay Powell's remarks.
County Cricket: Division One players putting their hands up for England April 29, 2024 Has spring finally sprung? Have those April showers given way to beer gardens and champers at the cricket? Not quite. The first three rounds of this year’s County Championship have been plagued with rain delays and washout results. With 14 of the 19 Division One results ending in draws or abandonments thus far it would [...]
FTSE 100 today: London markets set to open higher on the heels of strong US tech earnings April 26, 2024 Asian stocks rallied alongside a strong tech sector fuelled by impressive US earnings. Bank of Japan maintained its short-term interest rate target at 0-0.1 per cent. Oil prices climbed, while Microsoft and Alphabet shares surged post-earnings beats. Investors await US inflation data and focus on ExxonMobil and NatWest earnings.
Mark Kleinman: A remix at Hipgnosis and accountancy drama April 25, 2024 Mark Kleinman gets the City talking with his weekly column
What’s On In London In May April 25, 2024 With two Bank Holidays and spring stepping into the great outdoors, spending May in London will create memories that will last a lifetime. From Harry Potter’s Day, food festivals and the renowned Chelsea Flower Show to night stays in the Cathedral and in luxury family apartments, the British capital is on the roll like never [...]
City of London has ‘record’ office leasing deals allaying hybrid work fears April 22, 2024 The City of London market saw a record 331 office leasing deals in 2023, the joint highest number recorded over the last 10 years, defying concerns the area had experienced a downturn following a rise in hybrid working patterns.
Frenkel Topping posts double-digit revenue growth and a new acquisition April 22, 2024 Frenkel Topping reported double-digit growth in revenue and profit over the 2013 financial year, as the firm announces a new acquisition.
Political scraps over public or private ownership are a distraction to solving Britain’s railway woes April 22, 2024 Delays, cancellations and strikes - the UK's railways are in a mess. But both parties' solutions for fixing the nation's rail network are flawed, argues Guy Taylor