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Latest News
15 May
New York Stock Exchange, markets, traders, USA, stocks, shares, Wall Street. Photo: Pete Bellis
US close: Nasdaq, S&P 500 hit records as oil prices rally

US stocks ended higher on Monday, with the S&P 500 and the Nasdaq hitting fresh records as oil prices rallied and cyber security companies got a boost from the global cyber attack.

15 May
Gherkin, City of London and EU flag by Descrier
FX round-up: Sterling manages minor gains on dollar, constrained by Brexit concerns

Sterling managed minor gains against the US dollar on Monday, these likely constrained longer term by Brexit concerns, but faltered against a basket of commodity currencies.

15 May
Apple Event
Goldman lifts Apple target price ahead of $1,000 iPhone

Goldman Sachs lifted its target price on Apple's shares on expectations the company will launch a superpremium smartphone in September - with a price tag of $1,000.

15 May
Director dealings: Amino backer takes profits as shares hit high

Amino Technologies director Michael Bennett sold another chunk of shares in the set-top box software specialist not long after they hit an all-time high.

15 May
ubs
UBS's second largest shareholder plans major stock sale

UBS Group's second largest shareholder, Singapore's influential GIC sovereign wealth fund, is looking to sell a sizeable chunk of shares in the Swiss bank.

15 May
Europe close: Dax notches up fresh high as Merkel wins in NRW

European equities ended near their session highs, amid fresh calls for a revamp of the euro area's economic architecture and gains for the single currency.

15 May
BP oil rig offshore Azerbaijan; oil & gas
London close: FTSE 100 driven higher by gains in mining, oil stocks

Blue-chip stocks in London hit a new record high on Monday, the same as in Germany and on Wall St, as big mining and oil giants improved with the prices of resources.

15 May
Europe midday: Stocks slip as euro gains amid calls for new euro area arquitecture

European equities are dipping lower as the euro pushes higher, amid fresh calls for a revamp of the euro area's economic architecture.

15 May
vodafone
Tuesday preview: Inflation likely to surge, Vodafone results 'may surprise'

Tuesday is likely to show inflation surging even higher above the Bank of England's 2% target, while company news includes preliminary results from Vodafone and BTG, and interim from CYBG.

15 May
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Will Spanish politics surprise markets? Barclays asks

Spain faces idiosyncratic risks over the coming months arising from the country's current political situation, with a minority government in Madrid facing tougher opposition and Catalan nationalists likely to call snap elections by the first quarter of 2018, at the latest, Barclays says.

15 May
Elizabeth line Crossrail TfL london underground tube
Crossrail boosts house prices as second BBC series nears

The mammoth construction of the Elizabeth line underground railway in London is set to return to British screens, Transport for London and the BBC confirmed on Monday, as fresh data pointed to a boost for house prices in areas surrounding Crossrail stations.

15 May
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21st Century Tech signs bus stop display deal with TfWM

Provider of tailored technology solutions to the transport industry, 21st Century Technology, announced a two-year contract from Transport for West Midlands, the transport arm of the West Midlands Combined Authority.

15 May
BP, oil, gas
Commodities: Crude prices soar on hope of output cut extension to 2018

A wave of optimism swept through the oil market on Monday as Saudi Arabia and Russia said supply cuts needed to last into 2018, but not all pundits are convinced.

15 May
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Catch 797: Investec reiterates 'sell' on Rolls Royce

Wave goodbye to Rolls Royce's free cash flow targets, analysts at Investec said.

15 May
countryside, house, housing
US homebuilder sentiment edges higher in May, NAHB says

Homebuilder sentiment in the States turned higher in May reassuring economists on the outlook for activity in the sector.

15 May
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Caledonia Mining confirms fatality at Blanket

Caledonia Mining confirmed a fatality at its Blanket Mine in Zimbabwe on Monday, saying it occurred in a mining-related accident on 12 May.

15 May
apple tienda quinta avenida
US open: Gains for WTI send S&P 500 back into record territory

Action from Russia and Saudi Arabia to prop up oil prices boosted shares of oil service and marine transport firm and saw the S&P 500 move back into record territory.

15 May
gold bars precious
Galantas Gold confirms start of operations at Omagh

Galantas Gold advised on Monday that underground mine development operations were shortly expected to commence at the Omagh Gold Mine, County Tyrone, Northern Ireland.

15 May
rolls royce aviation defence
Sector movers: Saudi pledge boosts oil majors, Rolls Royce set to stall

A pledge by Saudi Arabia and Russia to do "whatever it takes" to cut global oil stockpiles back down to size boosted oil firms' share prices.

15 May
cbchina81
Chinese industrial output, fixed investment cool in April

Economic activity in Asia's largest economy was weaker-than-expected last month as presaged by recent purchasing managers' indices for factory and services sector activity.