Latest News
US close: Markets move higher as dollar remains weak
Commodity-related issues buoyed the main Wall Street averages on Monday as the US dollar continued to trade on the backfoot.
FTSE 250 movers: Ferrexpo flies to the front, Senior creaks
The FTSE 250 had gained 0. 5% by late Monday as miners climbed on the back of encouraging moves in metals prices.
FX round-up: Sterling in 'sea of red' after Tory wobble
Sterling was amid a sea of red as Tory-renewed fears of a hard Brexit came to the fore and the party did a U-turn on its so-called 'dementia tax,' all while Labour accelerated in the election polls.
Europe close: Stocks drift lower amid renewed gains for the euro
Renewed gains for the single currency dampened sentiment in European stockmarkets ahead of a meeting of euro area finance chiefs scheduled for the evening to discuss the disbursement of further aid and possible debt relief for Athens.
London close: FTSE 100 jabs higher as retail rebounds, sterling weakens
Equities in London went for a jog higher on Monday, helped mostly by rebounding retail stocks and sterling weakness, the latter on the back of UK political turmoil surrounding the election and Brexit coming to the fore.
Tuesday preview: Severn Trent, eOne, Shaftesbury, Aveva
In a fairly quiet day for economic data, between the latest election campaign u-turns and soundbites grab the headlines, companies scheduled to report results include water company Severn Trent and Peppa Pig producer Entertainment One.
Michael Flynn said to refuse Senate subpoena on Russia investigation
Former US national security adviser Michael Flynn is reportedly set to decline a subpoena from the Senate demanding information on an investigation into his alleged links with Russia during last year's presidential election.
Sector movers: Defensives and consumer staples lead gains
Defensives and consumer staples paced gains at the start of the week, continuing with the trend which had been in place in recent weeks and months.
Deutsche Bank cuts targets on UK aerospace&defence names on pound strength
Analysts at Deutsche Bank trimmed their earnings per share estimates and target prices for UK aerospace and defence names in light of the recent strength in the pound.
BP restarts North Sea production at Schiehallion
Schiehallion oilfield off Shetland in the North Sea has begun producing oil for BP and partners including Shell for the first time since it was shut down for refurbishment in 2013.
Ford CEO Fields to be replaced by firm's autonomous driving chief
Mark Fields will be replaced as chief executive of US auto giant Ford Motor, with the head of the company's autonomous driving unit Jason Hackett taking over the reins, the Detroit company announced on Monday.
BP restarts North Sea production at Schiehallion
Schiehallion oilfield off Shetland in the North Sea has begun producing oil for BP and Shell for the first time since it was shut down for refurbishment in 2013.
Conservatives in humiliating u-turn on 'dementia tax' after criticism
UK Prime Minister Theresa May's Conservative party has been forced into a humiliating climbdown on a controversial manifesto promise known as the 'dementia tax' following sharp criticism of the party’s social care policy.
Commodities: Oil prices continue to froth on Opec curb hopes
Crude-oil futures began the week as they left off on Friday, frothing higher on market hopes of Opec extending its output curbs when it meets later this week.
Boeing signs new agreements with Saudi Arabia following Trump visit
US defence contractor Boeing has announced the signing of several agreements with Saudi Arabia after President Donald Trump met with officials from the oil-rich state at the weekend.
Euro too cheap, Germany's Merkel says
Europe's single currency is too cheap, German Chancellor Angela Merkel said, helping to send the greenback to its lowest levels since early October.
FTSE 100 movers: Intertek boosted by Kepler note; Micro Focus slumps
London’s FTSE 100 was up 0. 4% to 7,500. 38 in afternoon trade, with brokers notes providing much of the action on Monday.
US open: Commodity stocks pace gains as dollar slide continues
Commodity-related issues buoyed the main Wall Street averages as the US dollar continued to trade on the backfoot.
Horizon Discovery gains exclusive rights to 'novel' gene editing tech
Gene editing technology company Horizon Discovery Group announced on Monday that it had gained exclusive worldwide rights to use a “novel transposon-based technology platform” that would broaden its gene editing capabilities.
Corero client GTT launches DDoS mitigation service
Corero Network Security updated the market on its recent Tier 1 internet service provider customer win on Monday, confirming that its customer - GTT Communications - had now launched its DDoS mitigation service.