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Kingfisher Faces Profit Woes Amid French Market Struggles as UK Flourishes on 'Improve Not Move' Trend
The company's stock saw a sharp decline of six per cent, marking it as the top faller on the FTSE 100. The underlying issue, as Kingfisher explained, stemmed from ongoing weaknesses in their French market.
Pragati Singh Nov 22, 2023
UK companies leading in setting validated science-based net zero targets
A recently published report shows how global companies are faring in setting and committing to science-based net zero targets and how the UK is leading the way.
Pratiti Nath Aug 22, 2023
PwC warns of soaring carbon offsetting costs, raising concerns for Net Zero goals
PwC's recent estimate casts doubt on the achievement of ambitious climate goals, underscoring the urgent need for transparency and proactive measures.
Adewunmi Adedayo Jun 01, 2023
Wall Street is divided over impact of strong Chinese economic growth
Earlier this week, the US received encouraging economic indicators. However, analysts are considering the pros and cons as Chinese growth also beat expectations.
Adewunmi Adedayo Apr 19, 2023
How is the UK's rising inflation impacting the cost of living crisis?
The Office for National Statistics reported that the "prices of food and non-alcoholic drinks rose at the fastest rate in more than 45 years in the 12 months to February 2023."
Homera Hassan Apr 12, 2023
Dow Jones 'blood bath' sees biggest day drop in 122-year history over interest rate rise fears
US stocks dropped on the Dow Jones by 1,179 points, the largest one-day points fall on record with investors spooked by a
Brendan Cole Feb 05, 2018
FTSE Moves: Oil stocks drag London market lower
West Texas Intermediate crude falls below $50 for first time since December, prompting fears about world trade.
Roger Baird Mar 09, 2017
FTSE Moves: Markets find it hard to get excited by Philip Hammond Budget 2017
Traders exasperated that no new light was shed on the government's Brexit plans.
Roger Baird Mar 08, 2017
FTSE Moves: London market struggles for direction ahead of Trump inauguration
Light trading ahead of the swearing in of America's 45th president – Donald Trump.
Roger Baird Jan 20, 2017
FTSE Moves: London market buoyed by brighter earnings data
Strong updates from miner Anglo American and upbeat German business confidence data lifts top flight stocks.
Roger Baird Oct 25, 2016
London stock market increases on strong corporate earnings as it defies poor economic data
FTSE 100 Index shrugs off the worst combined services and manufacturing data for seven years.
Roger Baird Jul 22, 2016
Brexit: Crash in housebuilder shares 'consistent with 5% fall in UK house prices next year'
Economist says investors worry a credit crunch will hit mortgage demand and hurt house prices.
Shane Croucher Jun 28, 2016
Brexit: Panic abroad as holidaymakers left penniless due to 'non-existent' exchange rate
Panic spread among holidaymakers unable to exchange pounds into local currencies.
Samantha Payne Jun 25, 2016
Auto Trader posts sterling profit in first year of listing
Online vehicle sales firm Auto Trader posts 27% rise in operating profits to £169.6m.
Gaurav Sharma Jun 09, 2016
UK housebuilder share prices slump as a Brexit looms over property sectors
Seven of the 10 largest housebuilders in the country have seen their share prices drop since 2016 began.
Shane Croucher Mar 30, 2016
Market round-up: Osborne's Budget sends shares soaring but sugar tax weighs fizzy stocks
Footsie investor considered the economic policies set out by the Chancellor to be positive for businesses.
Bauke Schram Mar 16, 2016
Market round-up: FTSE 100 up ahead of central banking decisions as oil falls
Experts are largely expecting the MPC to hold off on hiking the rate, instead increasing it later in 2016.
Bauke Schram Mar 14, 2016
Market round-up: FTSE 100 drops despite miners rally as Costa owner Whitbread disappoints
Miners rallied but the surge was not enough to keep the Footsie in positive territory.
Bauke Schram Mar 03, 2016
Market round-up: Housebuilders weigh down FTSE 100 as construction PMI slumps
On the FTSE 250, Virgin Money jumped, after the company reported a solid set of results.
Bauke Schram Mar 02, 2016
Market round-up: LSE rally lifts FTSE 100 to two-month high as Barclays falls
Barclays dropped almost 9% after it recorded a 2% fall in pre-tax profits over 2015.
Bauke Schram Mar 01, 2016
Market round-up: FTSE follows diving Asian markets as G20 meeting disappoints
The G20 countries left their meeting on Saturday without a proposal to boost the slowing global economy.
Bauke Schram Feb 29, 2016
Market round-up: Brexit fears and mining drag down FTSE 100 as Centrica shares rise
Index affected by volatility in oil market and 'high degree of uncertainty' on outcome of EU summit in Brussels
Bauke Schram Feb 18, 2016
Market round-up: FTSE surges, Glencore and Anglo American among soaring miners
The FTSE 100 jumped 2.87% on Wednesday 17 February, building on Tuesday's gains.
Bauke Schram Feb 17, 2016
Market round-up: FTSE edges up as investors remain mixed on Saudi-Russian oil-freeze deal
The deal, which would increase oil prices, is contingent on Iran and Iraq joining in.
Bauke Schram Feb 16, 2016
Market round-up: FTSE follows Nikkei surge as home and health giant Reckitt Benckiser soars
Reckitt Benckiser, IAG and Standard Chartered were the biggest riser on the FTSE 100.
Bauke Schram Feb 15, 2016
European markets: FTSE crashes to 2012 low after Fed chair Janet Yellen's Congress announcement
The bluechip index and other stock markets in Europe were deep in the red, continuing the ongoing global rout.
Bauke Schram Feb 11, 2016
Market round-up: FTSE 100 ends week in the red despite mining giant's surge
The Footsie fell 0.86% meaning that the index has lost 6.3% since the start of the year.
Bauke Schram Feb 05, 2016
Market round-up: FTSE gains as BoE hold rates and commodity stocks soar on weak US dollar
The MPC surprised no one when it announced not to increase central interest rates.
Bauke Schram Feb 04, 2016
Market round-up: FTSE 100 plummets as BP profit halves and Brent dips below $33
In 2015, BP's annual profit fell 51% year-on-year to $5.9bn, while Shell predicted similar results.
Bauke Schram Feb 02, 2016
Market round-up: FTSE ends day in the red after China manufacturing PMI as Premier Oil surges
The Chinese manufacturing PMI came in at 49.4, its lowest since August 2012.
Bauke Schram Feb 01, 2016
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