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Latest News
29 Jul
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Euro area CPI accelerates slightly in June

Euro area inflation edged past economists' forecasts during the second quarter pushed higher by the cost of food, alcohol and tobacco, as well as services.

29 Jul
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London midday: Stocks push higher at month's end ahead of US inflation data

London stocks were pushing higher still into the end of the month as investors waited on a raft of inflation indicators in the US while digesting a very large and positive surprise on second quarter euro area gross domestic product.

29 Jul
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Europe midday: Eurozone GDP rise boosts sentiment

European shares were higher at midday on Friday as the never-ending deluge of corporate earnings continued with investors also cheered by better-than-expected economic growth in the eurozone.

29 Jul
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US pre-open: Future point to early gains

Wall Street futures had stocks opening higher ahead of the bell on Friday as another busy week for corporate earnings gets set to draw to a close.

29 Jul
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Europe open: Shares in strong start as Hermes, NatWest please investors

European shares opened higher on Friday as the never-ending deluge of corporate earnings continued.

29 Jul
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Asia report: Tech, property plays push Hong Kong bourse lower

Asian stock markets were mixed at the end of trading on Friday, with Hong Kong’s bourse coming under particular pressure from its tech sector.

29 Jul
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Berenberg lowers target price on Wizz Air

Analysts at Berenberg lowered their target price on low-cost carrier Wizz Air from 3,300. 0p to 3,200. 0p on Friday, stating recent capacity rationalisation was aiding unit revenues for the summer.

29 Jul
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YouGov delivers FY growth across all divisions and geographies

Data and analytics firm YouGov said on Friday that it had "performed strongly" in the twelve months ending 31 July, with continued underlying growth across all of its divisions and geographies.

29 Jul
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Iberia, Vueling drive IAG return to profit in Q2

IAG returned to profit in the second quarter as its Iberia and Vueling airlines were boosted by post-Covid pandemic demand.

29 Jul
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NatWest beats forecasts as higher rates drive profits

UK bank NatWest on Friday reported better-than-expected profits driven by rising interest rates.

29 Jul
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Pantheon Resources jumps on latest analysis from Alkaid 2

Alaska North Slope-focussed oil and gas company Pantheon Resources updated the market on the Alkaid #2 well on Friday, reporting that the pilot hole had reached a total vertical depth of 8,584 feet, with a measured depth of 8,950 feet.

29 Jul
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UK consumer credit jumps in June but mortgage lending falls short

Consumer credit expanded more quickly than expected last month amid a jump in credit card use but mortgage lending fell short of forecasts.

29 Jul
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CMA launches 'greenwashing' probe into Asos, Boohoo and Asda

Two online fashion giants and a supermarket came under the scrutiny of the Competition and Markets Authority (CMA) on Friday, over the eco-friendly and sustainability claims made about products including clothing, footwear, and accessories.

29 Jul
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Law Debenture describes 'resilient' first-half performance

Law Debenture reported a net asset value total return, with debt and independent professional services at fair value, of -4% for the first half on Friday.

29 Jul
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Revenue, headline profits rise at Bodycote

Bodycote reported a 14. 6% improvement in first-half revenues on Friday, to £358. 5m, with constant currency growth coming in at 14. 1%.

29 Jul
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Assets, net outflows 'disappointing' for Jupiter Fund Management

Jupiter Fund Management reported assets under management of £48. 8bn at the half-year on Friday, down from £60. 5bn at the end of December.

29 Jul
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Morgan Advanced Materials H1 profits rise, FY performance seen at top end of forecasts

Manufacturing company Morgan Advanced Materials said on Friday that both revenue and profits had grown in the six months ended 30 June, leading the group to expect its full-year performance to come in around the top end of current analysts' forecasts.

29 Jul
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Glencore trims copper guidance after mixed first half

Glencore reported a 15% fall in own-sourced copper production in its first half on Friday, to 510,200 tonnes, as it trimmed its copper production guidance for the rest of the year.

29 Jul
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London open: NatWest and StanChart pacing early gains

London stocks were trading higher shortly after the session of the session as investors digested a raft of corporate earnings announcements.

29 Jul
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London pre-open: Stocks set for slightly higher start amid earnings deluge

London's top-flight index was being called to start the session slightly higher as investors digested a raft of corporate earnings announcements.