FTSE 100 higher, IAG back in profit and Cineworld slumps By Proactive Investors

1 month ago Investing.com UK

Footsie kicks aheadThe FTSE 100 Footise remained in fine fettle on Friday after the GfK figures showing an improvement in consumer confidence. Rolls-Royce (LON: ) sat top of the FTSE 100 risers, extending yesterday’s gains, when the engineer soared over 20%. Organic growth has continued with 7.5% like-for-like sales1 growth, within the organic revenue growth ambition of between 4% and 8%, the company said in a statement. The results came as the FTSE 100 listed airline agreed to EUR400mln to Spain's Globalia for the remaining 80% of airline Air Europa it does not already own. The early focus will be results British Airways owner, , and encouraging figures from GfK which showed a rebound in consumer confidence in February.
Continue reading...

Read On "Investing.com UK"

More News On "Investing.com UK"

FTSE 100 stuck in negative territory, US mixed at the open By Proactive Investors

But the appointment of first, Jeremy Hunt, as chancellor, followed by a new prime minister, Rishi Sunak, has so far restored confidence in the money markets. 11.33am: Rishi Sunak confirmed as PMRishi Sunak has officially been appointed as prime minister after meeting King Charles III at Buckingham Palace. Net interest income improved to $8.58 billion from $6.61 billion, but net fee income fell to $2.78 billion from $3.32 billion. Net insurance premium income slipped to $2.66 billion from $2.72 billion and revenue decreased by 3.2% to $11.62 billion from $12.01 billion. 7.00am: FTSE 100 seen slightly higherThe FTSE 100 is set to open slightly higher on Tuesday following further strong gains in the US and as Rishi Sunak prepares to be officially appointed as prime minister.

5 months ago Investing.com UK

ECB reaffirms rate hike plans even as recession looms large By Reuters

FILE PHOTO: A view of signage outside the European Central Bank (ECB) building in Frankfurt, Germany October 27, 2022. "We will cross the neutral rate -- regardless of where anyone currently sees it -- like a runaway train," Kazimir, Slovakia's central bank chief, said. Italian inflation meanwhile soared to 12.8% in October, far outpacing expectations for 9.9% while French price growth was also well above forecasts. RECESSIONThe hawkish ECB commentary comes as a recession looks now almost certain, prompting a barrage of criticism from European leaders. ECB chief Christine Lagarde pushed back on the criticism on Thursday, arguing that breaking inflation was the ECB's chief mission and governments could help by providing targeted support for the most vulnerable.

5 months ago Investing.com UK

Musk Buys Twitter, Amazon Shocks, PCE Prices

Amazon plunges after missing forecasts for the third quarter and giving disappointing guidance for the current one. Stocks are under pressure as a result, but resilient numbers from Apple are helping to steady the ship. Musk closes Twitter deal, fires top managementElon Musk closed his $44 billion deal to buy Twitter (NYSE: ) and – according to various reports – immediately fired CEO Parag Agrawal and CFO Ned Segal. Stocks set for lower opening as Amazon weighs; consumer data dump eyedAmazon’s weak update is casting a pall over U.S. stock markets, which are set to open lower later. Exxon, Chevron post massive quarter on surging oil pricesCrude oil prices edged lower overnight but are set to end the week near their highs.

5 months ago Investing.com UK

Turkey's Baykar to complete plant in Ukraine in two years -CEO By Reuters

FILE PHOTO: Signature of Turkey's President Recep Tayyip Erdogan is pictured on a Bayraktar drone at SAHA EXPO Defence & Aerospace Exhibition in Istanbul, Turkey, October 27, 2022. REUTERS/Umit Bektas/File PhotoBy Can SezerISTANBUL (Reuters) - Turkish defence company Baykar is planning to complete the construction of its manufacturing plant in Ukraine in two years, its chief executive said on Thursday, after the company became highly renowned for their drones' success in thwarting Russian forces. The aerial drones supplied to Ukraine by Baykar were instrumental in Ukraine's defense against Russian armour and anti-aircraft systems in the first few weeks of the Russian invasion. Its Bayraktar TB2 drone gained so much prominence with the public that Ukrainians composed a song about it and some allies launched unprecedented crowdfunded campaigns to buy more. As part of an agreement between Turkey and Ukraine, signed just before Russia's Feb. 24 invasion, Baykar had agreed to build its second manufacturing plant in Ukraine.

5 months ago Investing.com UK

Inflation, China's COVID bounce, teetering crypto: what'll move markets in 2023 By Investing.com

© ReutersMS +0.92% Add to/Remove from a Portfolio CRCW 7.53% Add to/Remove from a Portfolio USDT/USD 0% Add to/Remove from a Portfolio CHNA 0.00% Add to/Remove from a Portfolio VOWG_p +1.03% Add to/Remove from a Portfolio TSLA +8.08% Add to/Remove from a PortfolioBy Geoffrey SmithInvesting.com -- First the good news: 2022, a nightmare year for both stocks and bonds, is nearly over. Now the bad news: while 2023 is likely to be better, it won’t really seem that way for a while. At least not until the great disconnect between central banks and markets over the outlook for inflation is resolved. Central banks, markets face off over inflation/recessionWithout a doubt, the overarching market theme next year will be the battle between central banks and inflation. The trouble is, markets believe that both institutions are either bluffing or have simply not thought such rhetoric through.

3 months ago Investing.com UK

FTSE 100 slightly lower, easyJet flies high and US markets expected to make a weak start By Proactive Investors

At 8.15am the FTSE 100 was up 8 points at 7,766 while the FTSE 250 rose 22 points to 19,877. In corporate news, easyJet PLC continued to fly high, adding a further 6.6% to the gains already this year after it said full-year profits would beat market expectations. Tullow Oil PLC (LON: ) was also in favour as the West Africa-focused oil producer said it expects its 2022 free cash flow at US$267mln. 7.55am: Bookings flying at easyJet, profits seen above City forecastsUpbeat trading news from easyJet PLC. Back in London and trading updates are expected from easyJet PLC and CMC Markets.

2 months ago Investing.com UK

FTSE 100 advances ahead of BoE rate call and record profits at Shell By Proactive Investors

The FTSE 100 is now around 40 points to the good with record profits from oil major Shell PLC also lifting the mood. Shell PLC remained a firm feature, up 2% after reporting record profits and a US$4bn share buy-back. 8.17am: FTSE higher with rate calls taking centre stageFTSE 100 pushed higher as investors took heart from a slower pace of rate rises in the US and awaited the latest monetary policy moves in the UK and Europe. Ahead of this, record profits from Shell PLC caught the eye. Ahead of that and trading updates are expected from two of the FTSE 100’s best known names, Shell PLC and BT Group PLC.

1 month ago Investing.com UK

BREAKING NEWS

1 month ago - SA vs WI Dream11 Prediction, Fantasy Cricket Tips, Dream11 Team, Playing XI, Pitch Report, Injury Update- West Indies Tour of South Africa 2023, 1st Test 1 month ago - Ghazal singer Talat Aziz: 'I enjoy acting' 1 month ago - Hoops Roundup: Onaway boys edge Mancelona in Ski Valley finale, 75-74 1 month ago - Top Stories of the Month: The Safest and Most Endangered Jobs in a ChatGPT World 1 month ago - Knicks win 6th straight, drop Celtics from top spot in NBA 1 month ago - Hong Kong: After 959 days, this city is no longer imposing $1,000 fines for not wearing a mask 1 month ago - Knicks Win Wire-to-Wire Against Celtics 1 month ago - Neil Wagner powers New Zealand to historic one-run win | Cricbuzz.com 1 month ago - Baseball roundup: St. Aloysius, Porter's Chapel fall victim to big comebacks - The Vicksburg Post 1 month ago - Gujarat Giants Predicted and Strongest Playing XI for WPL 2023 1 month ago - Black Friday and Cyber Monday, opportunities within reach of wallets 1 month ago - Murdoch testified Fox commentators ‘endorsed’ Trump’s 2... 1 month ago - Murdoch says some Fox hosts ‘endorsed’ false election claims 1 month ago - Indian markets trading at higher valuations, may correct further: Ashok Jain of Arihant Capital 1 month ago - Women's Premier League 2023 Preview: Delhi Capitals 1 month ago - ‘MS Dhoni Asked Thakega Toh Nahi’ Ishant Sharma Reveals Story Behind His Dream Spell 1 month ago - Timberwolves vs Clippers Prediction and Odds 1 month ago - Humana Prices $1.25 Billion Debt Offering - Humana (NYSE:HUM) 1 month ago - Elon Musk Reclaims Top Spot on Billionaires List 1 month ago - Does Harry Brook have more runs than even Don Bradman in his first nine Test innings? 1 month ago - Commanders owner Daniel Snyder's demands frustrate NFL owners, reignite removal vote talks, per report 1 month ago - WWE Raw results, live blog (Feb. 27, 2023): Tag Team Title Match 1 month ago - Shrinking age distribution of spawning salmon raises climate resilience concerns 1 month ago - Gamers Will Drive Web3 Adoption: Ryan Wyatt, President of Polygon Labs 1 month ago - Knicks see top-tier teams such as Celtics as measuring sticks 1 month ago - Murdoch testified Fox News hosts endorsed idea that Biden stole election 1 month ago - Hair like Dhoni.. Same move, world champion out of Team India after 3 matches, 13 years passed in waiting 1 month ago - Couple Watches Industry By Top Players like and Forecast To 2030 – NBA thasportsjunkies101 1 month ago - 'Dhoni asked 'Thakega toh nahi?' I said 'If I do, carry me out on a stretcher'': India bowler's story behind dream spell 1 month ago - Heat’s Udonis Haslem Reveals Eye-Raising Post-Retirement Plans 1 month ago - Stranded Alice Springs Jetstar passenger Nikki Mitropoulos pulled off plane over tummy tuck pain 1 month ago - Outer Banks star insists 'I don't want to talk’ about season 3 probe 1 month ago - Courteney Cox snubbed by ‘Friends’ at Walk of Fame star ceremony? 1 month ago - How to bet pro football props, player bets, basketball picks, quality sports betting 101 at Caesars Sportsbook 1 month ago - Why is ASX 300 tech share Bravura Solutions suspended? 1 month ago - ‘Friends’ star Courteney Cox didn’t think Hollywood success was ‘possibility’ growing up in Alabama 1 month ago - New Zealand set England 258 to win second Test after Williamson century 1 month ago - Montana lawmakers hear testimony on abortion legislation 1 month ago - ‘Friends’ reunion! Jennifer Aniston and Lisa Kudrow join Courteney Cox at Walk of Fame ceremony 1 month ago - Messi and Putellas voted best players at FIFA awards again 1 month ago - Jayson Tatum Adds to MVP Case With Game-Winner Over 76ers - 1 month ago - Prince Harry's Memoir 'Spare' Bombshells: Doing Mushrooms at Courteney Cox's House, Past Flings & Royal Feuds 1 month ago - AT&T CFO Updates Shareholders at the Annual Deutsche Bank Media, Internet & Telecom Conference - AT&T (NYSE:T) 1 month ago - Los Angeles Lakers vs. Memphis Grizzlies – 2/28/23 Free Pick & NBA Betting Prediction 1 month ago - Lionel Messi wins record seventh FIFA best men's player award 1 month ago - Adriana Lima stuns in an elegant black off-the-shoulder gown as she takes to the red carpet 1 month ago - Messi, Putellas headline FIFA Best award winners as Kerr makes World XI 1 month ago - CHRISTOPHER STEVENS reviews last night's TV: DI Sunny returns with body up a chimney 1 month ago - Disney Legend Burny Mattinson Dies at 87 1 month ago - Kansas City Chiefs Super Bowl Odds: What Are the Chiefs’ Chances of Winning Super Bowl 58? 1 month ago - Sri Lanka leave for New Zealand without Nissanka 1 month ago - New milk processing facility to be built in Pembrokeshire 1 month ago - Sophie Rundle shares item she stole from Peaky Blinders set after being refused another 1 month ago - Messi wins FIFA's best men's player award again 1 month ago - Gujarat Giants Announce Beth Mooney as Captain, Sneh Rana as Vice-Captain for WPL 2023 1 month ago - Courteney Cox receives a star on the Hollywood Walk of Fame 1 month ago - Final round delivers plenty of storylines 1 month ago - FIFA Best Awards: Messi beats Mbappe for men's prize, Putellas claims women's award ahead of Morgan 1 month ago - Mini 'Friends' Reunion Marks Courteney Cox's Walk Of Fame Star 1 month ago - FIFA The Best in the TICKER: FIFA World Player 2022 Advertisement to read