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InvestingLondon Stocks Climb, Energy Shares Keep Gains in Check
InvestingFTSE 100 Set for Weekly Losses on Mixed Earnings, Budget Anticipation
Top StoriesLondon Tube Map Exhibition Celebrates Iconic Design
BankingFTSE 100 Closes Higher on Earnings Boost
FTSE 100 Touches Five-Month Closing High on Optimism Over Rate Cuts
Date: October 18, 2024
By Pranav Kashyap and Sruthi Shankar (Reuters) -The UK’s FTSE 100 closed at a near five-month high on Thursday, as pest control group Rentokil announced an overhaul of its struggling North America business, while investors continued to bet on further policy easing by the Bank of England (BoE). The blue-chip index rose 0.7% to...
Exclusive-Online Retailer Shein to Hold Roadshows Soon Ahead of London Ipo, Sources Say
Date: October 3, 2024
By Julie Zhu, Amy-Jo Crowley and Hadeel Al Sayegh HONG KONG/LONDON (Reuters) – Shein is set to hold informal investor meetings in the coming weeks for its planned London initial public offering (IPO), three sources with knowledge of the matter said, pushing ahead with preparations as it awaits UK regulatory approval. The China-founded online retailer...
London Blue-Chips Slip as Sterling Jumps After Retail Sales Beat
Date: September 20, 2024
(Reuters) – UK shares slipped on Friday while the British pound jumped, though the stock index was set to eke out weekly gains riding on a rise in global risk sentiment following the U.S. Federal Reserve’s bumper rate cut. At 0715 GMT, the FTSE 100 fell 0.5%, as a 0.4% rise in the British pound...
London Stocks Drop After Inflation Data, Focus Shifts to Fed
Date: September 18, 2024
By Lisa Pauline Mattackal and Medha Singh (Reuters) -British stock indexes dropped on Wednesday as investors reined in bets on interest rate cuts by the Bank of England, while global risk sentiment was fragile ahead of a policy decision from the U.S. Federal Reserve later in the day. The blue-chip FTSE 100 ended 0.7% lower,...
FTSE 100 Rises Ahead of Key Central Bank Meetings
Date: September 17, 2024
By Khushi Singh and Lisa Pauline Mattackal (Reuters) -London’s benchmark stock indexes ended higher on Monday, led by gains in automobile and parts shares, while investors focussed on a week of key central bank interest rate decisions. The benchmark FTSE 100 was up 0.1%; while the mid-cap FTSE 250 inched 0.2% higher. Both indexes...
FTSE 100 Falls on Healthcare, Energy Weakness; Cooling Wage Growth Fuels Rate Cut Bets
Date: September 11, 2024
By Khushi Singh and Purvi Agarwal (Reuters) -London’s FTSE 100 ended lower on Tuesday, led by a sell-off in healthcare and energy shares, while cooling wage growth in the UK cemented bets for further interest rate cuts by the Bank of England. The blue-chip FTSE 100 fell 0.8%, after logging its best day in...