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InvestingFTSE 100 Hits Over Two-Week High as China Eases Covid Curbs
Top StoriesBoost for Luxury London Property Prices as Russians Locked In
InvestingCommodity Stocks Drive FTSE 100 to More Than One-Week High
Top StoriesUK’s Prince William Thanks ‘Windrush’ Generation as Memorial Unveiled
Euronext Takes First Step to a European Clearing House
Date: June 21, 2022
By Huw Jones LONDON (Reuters) – Euronext said on Tuesday it has changed how it calculates risk in government bond trades in the first step of what it hopes will transform the European exchange into a regional clearing house on par with rivals like the London Stock Exchange and Deutsche Boerse. Euronext bought the Milan...
London’s FTSE 100 Rises on Boost From Financial, Energy Stocks
Date: June 20, 2022
By Anisha Sircar (Reuters) -London’s FTSE 100 rose on Monday, boosted by gains in financial and energy stocks, after the blue-chip index posted its third straight weekly drop on sluggish economic growth worries. The blue-chip FTSE 100 index rose 1.5% with banks and oil majors BP and Shell 3.3% each leading gains.[O/R] Meanwhile, the domestically...
London Stock Exchange Pours Cold Water on Merging Listing Segments
Date: June 16, 2022
By Huw Jones LONDON (Reuters) – Compressing Britain’s two company listing segments to attract more tech firms could put an existing “gamechanger” at risk, a top London Stock Exchange official said on Thursday. Britain wants to use its post-Brexit flexibility in financial rulemaking to compete better with New York in company listings, and is trying...
UK Shares Climb on Boost From Financial Stocks, Strong Results
Date: June 15, 2022
By Devik Jain (Reuters) -London’s main indexes rose on Wednesday as financial stocks gained and strong results from companies including WH Smith lifted sentiment ahead of the U.S. Federal Reserve meeting later in the day. The blue-chip FTSE 100 was up 0.5% and the domestically focussed mid-cap FTSE 250 index advanced 1.1% after logging six...
FTSE 100 Falls for Six Straight Sessions on Rising Rate-Hike Bets
Date: June 14, 2022
By Devik Jain and Amal S (Reuters) – UK’s FTSE 100 fell for a sixth straight session on Tuesday, as investors raised bets on how high central banks would lift interest rates to tackle inflation. After rising as much as 0.9%, the FTSE 100 erased early gains to end 0.3% lower, with spirit market Diageo...
Britain Remembers Victims of Grenfell Fire, Five Years After Deadly Blaze
Date: June 14, 2022
LONDON (Reuters) – London marked the deaths of 72 people in a tower block fire at memorial services across the city on Tuesday, five years after a blaze that shook the nation and revealed widespread and fatal flaws in building regulations. On June 14, 2017, Britain woke to the news of its deadliest fire in...