#FTSE News

HYBE Stock Rocked by ADOR CEO Controversy, Spotify Shares Hit Highest Mark in Three Years

billboard.com HYBE was rocked by controversy this week after an audit of one of its subsidiary labels, ADOR, allegedly revealed that the label’s CEO, Min Hee-jin, “deliberately led the…

Cybersecurity firm Darktrace agrees $5.3bn sale to US private equity business

theguardian.com The Cambridge-based cybersecurity and artificial intelligence company Darktrace is likely to become the latest British technology champion to be swallowed up by a US suitor,…

Stock Market Today: Google surge powers tech as markets eye inflation data

thestreet.com Check back for updates throughout the trading day U.S. equity futures powered higher Friday, paced by outsized gains for tech heavyweights Alphabet and Microsoft, as…

UK consumers feeling more confident about finances, says NatWest boss

theguardian.com Consumer confidence is bouncing back in the UK, with people predicting a brighter financial future for the first time in two years, NatWest has said. Paul Thwaite, the…

Hang Seng Gains on Tech Earnings, Nikkei Up as BoJ Stands Firm

asiafinancial.com Asia’s major stock indexes ended the week in the green thanks to a big tech earnings-fuelled rally on Wall Street and positive forecasts for China’s markets. Google-owner…

Wall Street plunges after US inflation shock

finance.yahoo.com US stock markets plunged amid fears of stagflation in the American economy, which grew at its slowest pace in nearly two years just as inflation jumped. Shares on Wall…

CEOs are quitting at record rates, and women are twice as likely as men to leave

cnbc.com CEOs are quitting at record rates, and the small share of women at the very top are leaving the fastest. Global CEO turnover spiked in the first quarter of 2024, with 52…

BHP move to buy Anglo American threatens to hasten City exodus

theguardian.com The Australian mining company BHP has set out plans for a £31bn takeover of rival Anglo-American in a deal that threatens to hasten the exodus of Britain’s largest firms…

Shareholders back £7m pay rise for London Stock Exchange boss

theguardian.com Shareholders have voted in favour of doubling the pay packet of London Stock Exchange Group’s chief executive to £13m on the same day that fears were reignited about an…

Stock market today: Wall Street stumbles after report shows US growth slowed in the first quarter

apnews.com Stocks are tumbling after a report suggesting flagging economic growth and still-high inflation hurt hopes that have kept Wall Street high recently. A sharp drop for…

A reformed stock market would unleash Britain’s growth

ft.com Keeping growth companies onshore would boost the FTSE and the UK economy

Stock market today: U.S. futures slip ahead of more big tech earnings

newsweek.com Global stocks were a mixed bag and U.S. futures were down on Thursday morning as investors await a flurry of earnings reports. In Japan, the country's benchmark Nikkei 225…

Stock Market Today: Meta plunge pulls stocks lower; Google, Microsoft on deck

thestreet.com Check back for updates throughout the trading day U.S. equity futures moved firmly lower Thursday, while the dollar held steady against its global peers, as investors…

The U.K.’s FTSE 100 Is ‘Having the Time of Its Life’

barrons.com The U.K.’s FTSE 100 Is ‘Having the Time of Its Life’ European stocks were broadly lower early Thursday but there was no stopping the U.K.’s FTSE 100 Index, which was heading…

AstraZeneca leaps after smashing first-quarter forecasts

aol.com AstraZeneca sailed past market expectations for quarterly revenue and profit on Thursday, boosted by demand for its blockbuster drugs and steady sales from partnered…

Nikkei Slides as US Tech Drags, Hang Seng Lifted by Market Bets

asiafinancial.com Asian shares were mixed on Thursday as a tech slump, fired by downbeat earnings forecasts from Facebook parent Meta Platforms, weighed in most corners, while positive bets…

BHP proposes takeover of Anglo American in mining mega-deal

theguardian.com Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. There’s takeover excitement in the mining world this morning…

The U.K.’s FTSE Is Recovering After Many Dismal Years

forbes.com The U.K.’s FTSE 100 has been a dozy broken market for a generation. It never recovered its footing after the dotcom crash and has been trading sideways ever since. Compared…

Stock market today: Wall Street drifts after a two-day rally

apnews.com Stocks are drifting in early trading as Wall Street lets off the accelerator. The S&P 500 edged up 0.3% early Wednesday after a two-day winning streak erased nearly…

Stock Market Today: Stocks higher with tech earnings on deck: Tesla soars

thestreet.com Check back for updates throughout the trading day U.S. equity futures were mixed in early Wednesday trading, with the dollar holding steady against its global peers, as…

Nikkei, Hang Seng, China Stocks Rally on Tech Earnings Boost

asiafinancial.com Asia’s major stock indexes rallied on Wednesday, riding a tech-fuelled Wall Street wave and buoyed by rising optimism over a US interest rates turnaround. An after-hours…

Ofcom warns broadcasters to remain impartial ahead of election, Lloyds profit falls 28%

theguardian.com Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. The UK’s media regulator has warned broadcasters to maintain due…

FTSE 100 is an international laggard despite its record high

theguardian.com Every dog will have its day and here comes the FTSE 100 index, not so much soaring as limping to a record high of 8,076. If that sounds too grumpy, consider that the…

More women are getting onto corporate boards. Good

economist.com WOMEN MAKE up half of humankind, and it is reasonable for representative institutions such as corporate boards to reflect this. In 2022 the European Parliament ruled that at…

FTSE 100 hits record high as shares rise amid hopes of interest rate cuts

theguardian.com The UK stock market hit a record high on Tuesday, as shares were lifted by hopes of interest rate cuts and an easing of geopolitical tensions. The FTSE 100 index of…

Shell fuels fears of London exodus as it considers move to New York

euronews.com Shell is considering a move to New York, as the divide widens between traditional investors, who want the company to focus on oil and gas, and activist investors, who want…

What’s behind the record FTSE 100 high?

theguardian.com The UK stock market has hit an intraday record high, lifted by hopes of interest rate cuts and easing geopolitical tensions, after setting a new closing high on Monday. The…

Futures Extend Rebound Into Second Day Ahead Of Tesla Earnings Despite Rising Yields

zerohedge.com Futures Extend Rebound Into Second Day Ahead Of Tesla Earnings Despite Rising Yields US equity futures are higher for the second day, even as small-caps underperform after…

Stock Market Today: Stocks higher amid earnings parade; GM, GE, UPS report

thestreet.com Check back for updates throughout the trading day U.S. equity futures nudged higher Tuesday, following on from a tech-led rebound that lifted Wall Street firmly higher in…

U.K.’s FTSE 100 Hits Intraday Record as European Markets Start Strongly

barrons.com The U.K.’s FTSE 100 Index set a new intraday record Tuesday after reaching an all-time closing high Monday as European equities began the day in positive fashion. The…

Hang Seng Boosted By Wall St Tech, Weak Yen Lifts Nikkei

asiafinancial.com Asia’s major stock indexes advanced on Tuesday as a tech-led Wall Street rally buoyed the mood across the region. Investors were betting on earnings reports due out from US…

FTSE 100 Record Marks 'New Dawn'

barrons.com The FTSE 100's market high could be a new dawn, Newton Investment Management says after London's blue-chip index rose to as high as 8076.52 points, hitting a fresh record in…

U.K. Flagship FTSE 100 Index Hits Fresh Record High

wsj.com The U.K.’s FTSE 100 opened at an all-time high as weakness in the pound and easing geopolitics boosted the performance of the blue-chip index.

UK borrows £120bn last year, leaving ‘limited scope’ for pre-election tax cuts; FTSE 100 set to hit record high

theguardian.com Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. Jeremy Hunt’s hopes of being given more scope for large tax cuts…

FTSE 100 stock index closes at new all-time high

bbc.co.uk The index closed on Monday at 8,023.87 points to mark the new record, surpassing its previous high of 8,012.53 in February last year. It was up 1.62% at its close, with…

FTSE 250 company Tyman snapped up by US rival in £788m deal

theguardian.com The London Stock Exchange’s mid-sized FTSE 250 index is due to lose a 186-year-old manufacturing company to a US takeover – the latest in a series of purchases by foreign…

UK FTSE 100 closes at record high as market conditions improve

uk.news.yahoo.com The UK’s top stock market index has reached a new all-time highest closing price, amid ongoing hopes of economic conditions and geopolitical tensions improving. The FTSE 100…

FTSE 100 hits record closing high amid hopes of interest rate cuts

theguardian.com The UK stock market has hit a record closing high, amid optimism that the Bank of England will cut interest rates twice this year and easing geopolitical tensions in the…

FTSE 100 Outperforms as European Stocks Gain Broadly

barrons.com European stocks rise, with the pan-European Stoxx Europe 600 index up 0.6% at 502.43, as easing geopolitical tensions boost risk appetite. U.K. stocks are notable…

Quanex to buy British rival Tyman in $1.1 billion takeover that would pull U.K. firm off the London Stock Exchange

marketwatch.com The $1.1 billion takeover would see the FTSE 250 company taken off the London Stock Exchange following a series of exits in recent months

Hang Seng, Nikkei Rebound as Middle East Conflict Fears Fade

asiafinancial.com Asian stocks bounced back on Monday as worries over the Middle East situation subsided and investors returned to riskier assets. Gold and the safe-haven US dollar eased back…

London bankers nearing parity with New York's bumper bonuses

fortune.com Some of London’s top bankers might soon have a paycheck that looks more like the bonus-heavy packages of their New York counterparts. It’s been six months since the UK…

Love Dividends? 2 Vanguard Funds to Buy Right Now

finance.yahoo.com The Vanguard High Dividend Yield Index Fund ETF (NYSEMKT: VYM) and the Vanguard International High Dividend Yield Index Fund ETF (NASDAQ: VYMI) are two of Vanguard's most…

Unilever forced to retain a multibillion-pound slice of its ice cream empire

finance.yahoo.com Unilever could be forced to hold onto a multi-billion pound slice of its ice cream empire, according to senior City sources, as the sheer size of the operations make it…

Live Nation Stock Sinks on Antitrust News, Hipgnosis Shares Soar After Takeover Bid

billboard.com Live Nation shares fell 10.9% to $89.98 this week after The Wall Street Journal reported the U.S. Department of Justice plans to file a lawsuit against the company in the…

Some Traders Think This New Meme Coin Could Explode After Raising $7.5 During Crypto’s Price Crash This Week

cryptopotato.com Some traders are increasingly starting to believe that a newly emerging multi-chain meme coin is setting the foundation to become the next doge-related project to explode.…

Nikkei Slumps, Hang Seng Dips as Middle East Fears Grip

asiafinancial.com Asia’s major stock indexes suffered a bruising end to the week as the situation in the Middle East escalated again after Israel’s missile attack on Iran. Shares and bond…

There should be no rush to replay Hipgnosis’s noisy stock market experiment

theguardian.com So ends a stock market experiment that is unlikely to be repeated in a hurry: Hipgnosis Songs Fund, the music royalties company with songs by the likes of Beyoncé, Blondie…

Stock Market Today: Stocks rise as bond rout eases; Nvidia leads chip gains

thestreet.com Check back for updates throughout the trading day U.S. equity futures nudged higher Thursday, while the dollar gave back recent gains against its global peers, as investors…

Hang Seng, Nikkei Rally on Tech Boost, Fed Rate Bets

asiafinancial.com Asian stocks rallied on Thursday as investors took a breather after some calm returned to the markets amid worries over US interest rates and tensions in the Middle East.…

Asian Stocks Finish Higher After Yellen Remarks on Dollar. European Shares Gain

barrons.com Stock markets in Asia gained on Thursday after Treasury Secretary Janet Yellen acknowledged concerns that the dollar is too strong for some countries. Yellen met with her…

Music investment firm Hipgnosis agrees $1.4 billion sale to Concord

cnbc.com Nile Rodgers of Chic performs on stage at North Sea Jazz Festival at Ahoy on July 14, 2018 in Rotterdam, Netherlands. London-listed Hipgnosis Songs Fund, the music…

UK music investor Hipgnosis agrees £1.1bn takeover by Concord Chorus

theguardian.com The embattled British music royalties investment fund Hipgnosis, which owns the rights to songs by artists from Beyoncé to Neil Young, has agreed to a $1.4bn (£1.1bn)…

Stock market today: Wall Street ticks higher as pressure eases from the bond market

abcnews.go.com U.S. stocks are holding firmer, and the S&P 500 is rising to potentially break its three-day losing streak NEW YORK -- U.S. stocks are holding firmer Wednesday, and the S &…

United Kingdom’s FTSE 100: Reversion Or Dead Cat Bounce?

forbes.com In the market it is often hard to see the wood for the trees. However, a really long-term view is a good place to start. The current perspective is that the U.K. market is a…

S&P 500 Edges Lower; PacBio Shares Plunge - Calidi Biotherapeutics (AMEX:CLDI), Barnes & Noble Education

benzinga.com U.S. stocks traded mixed toward the end of trading, with the S&P 500 falling around 0.3% on Tuesday. The Dow traded up 0.02% to 37,741.96 while the NASDAQ fell 0.20% to…

Stock Market Today: Stocks nudge higher as Treasury yields, dollar ease

thestreet.com Check back for updates throughout the trading day U.S. equity futures bumped higher Wednesday, while Treasury yields and the dollar held steady, as investors looked to snap…

Nikkei Dips on Profit Taking, Hang Seng Flat Despite Rules Boost

asiafinancial.com Asia’s major stock indexes saw a mixed day of trading on Wednesday with US interest rates, conflict in the Middle East, regulatory policy moves and profit-booking all having…

Asian Stocks Retreat, European Markets Bounce Back

barrons.com Stock markets in Asia retreated on Wednesday, following U.S. shares Tuesday after the Federal Reserve indicated interest rates may stay higher for longer. Japan’s Nikkei…