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Latest News
09 May
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Poll shows record lead for Tories one month out from election

Theresa May's Conservative Party seems as if it could be romping to victory with one month to go until the general election, as an ICM poll shows it possesses a record lead over Labour.

08 May
New York Stock Exchange, markets, traders, USA, stocks, shares, Wall Street. Photo: Pete Bellis
US close: Stocks end flat as investors mull Macron victory

US stocks ended flat on Monday as investors mulled centrist Emmanuel Macron's victory in the French election - a result that was largely expected - although the S&P 500 and the Nasdaq did hit intraday records.

08 May
shard, london, skyscraper
FX round-up: Sterling begins week mixed ahead of BoE rates, inflation news

Sterling has got away to a somewhat mixed start to the week with investors already looking ahead to Bank of England's interest-rate decision and UK inflation data on Thursday.

08 May
battersea power station nine elms luxury development
London close: FTSE indifferent as investors look ahead to BoE, UK inflation

London stocks produced a largely indifferent but marginally higher Monday performance after centrist Emmanuel Macron nabbed France's presidency over the weekend, with traders already looking ahead to UK interest rate and inflation news.

08 May
draghi diciembre
Europe close: Stocks, euro down as traders sell Macron news

European stocks finished the day slightly lower as investors who bought the rumour now sold the fact on confirmation that centrist Emmanuel Macron had won France's presidential election over the weekend.

08 May
Oil rig in Algeria, oil & gas, energy
Commodities: Crude makes moderate gains as Opec pledge chatter swirls

Crude-oil futures turned in moderate Monday gains as market chatter about Opec and non-Opec countries mulling output freezes ahead of the cartel's May meeting failed to light a fire under the black liquid's prices.

08 May
actasfed
US open: Stocks slightly lower on Fedspeak

Stocks on Wall Street are drifting lower after having jumped out of the starting gate with investors focusing on remarks from various US central bank officials and amid profit-taking following a win for French centrist-reformist presidential candidate Emmanuel Macron at the weekend.

08 May
rotork
Director dealings: Rotork operations chief puts skin in the actuator game

Rotork's operations director spent £100,000 on shares in the engineer just over a week after it reported a rise in order intake and revenue for the first quarter and reiterated its full year expectations.

08 May
libra, esterlina, divisa, moneda, reino unido pound currency
Caspian Sunrise updates market on BNG Contract Area, Baverstock merger

Kazakhstan-focussed oil and gas company Caspian Sunrise updated the market with news of Shallow Well 808 and Deep Well A6 from its BNG Contract Area and of the Baverstock merger on Monday.

08 May
Beach at Green Island Antigua by Andrew Moore (Flickr)
Elegant Hotels completes purchase of Treasure Beach

Elegant Hotels confirmed the completion of the acquisition of the Treasure Beach Hotel in Barbados on Monday, saying that all conditions had been met and the transaction had now formally completed.

08 May
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US interest rates approximately where they need to be, Fed's Bullard says

Interest rates in the US are approximately where they need to be, under certain assumptions, a top US rate-setter said.

08 May
greene king
Numis downgrades Greene King on valuation, margin pressure

Greene King shares have outperformed the wider UK stock market over the last three months but amid continued pressure on margins, Numis downgraded its recommendation to 'hold' from 'add'.

08 May
edgar test 10
MYCELX awarded first Nigerian O&G contract

Clean water technology company MYCELX Technologies Corporation announced on Monday that it had been awarded its first contract in the Nigerian Oil and Gas market.

08 May
BP petrol station pumps, oil & gas
Russian energy minister backs oil output cut deal

Russia's energy chief supports extending last November's deal by the world's largest oil producers to rein in their combined output.

08 May
Money cash dollars
Hydrodec agrees first trade of carbon credits

Clean technology industrial oil re-refining company Hydrodec Group confirmed on Monday that it had successfully agreed its first trade of carbon credits in respect of the credits recognised by the American Carbon Registry, under its accreditation granted in 2016.

08 May
diageo, brewing, drink, beer, guinness
Diageo reaffirms medium-term guidance

Drinks giant Diageo reaffirmed its medium-term guidance on Monday ahead of an investor conference in London.

08 May
London, Londres
FTSE 250 movers: Euromoney up on UBS note; BBA Aviation hit by Citi downgrade

London's FTSE 250 was up 0. 2% to 19,737. 27 in afternoon trade as market participants mulled over Emmanuel Macron's victory in the French election.

08 May
libras
Water Intelligence opens corporate-owned facility in DC

Water Intelligence announced the opening of a corporate-operated location in Washington DC and Northern Virginia on Monday.

08 May
anglo glencore collahuasi copper
Sector movers: Miners dragged lower by another sharp fall in copper, base metals

Weaker than expected Chinese foreign trade numbers for the month of April and widespread weakness overnight in commodity prices saw miners buried under a pile of sell orders again.

08 May
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Matomy to exit non-core businesses in strategic restructuring

Matomy Media Group plans to complete the exit from most non-core businesses before the end of the third quarter as it moves to a new strategic focus.