Equities, bonds, currencies and commodities.
Rolling coverage of the latest and economic news, as US sells 30-year bonds at highest borrowing costs since 2001 Insurer Aviva said it is helping customers affected by the wildfires near Stourbridge in the West Midlands, but said the fires were “not material”
The International Energy Agency calls for urgent reopening of the strait of Homuz amid ongoing pressure on global oil supplies Opec has lowered its full-year forecast for world oil demand growth for the fourth month in a row. The oil producing cartel said it w
US president demands compensation for damage incurred by US, complicating standoff with Tehran Oil prices have see-sawed: Brent crude jumped more than 2% to just over $90 a barrel, the highest level since 31 July, but has now dipped 0.3% to $87.53 a barrel. It
European shares mixed; UK employment market shows ‘rays of light’ for jobseekers with upturn in pay, study says More retail news: The John Lewis Partnership , Britain’s biggest employee-owned retailer, has said that Peter Ruis , the boss of its department stor
Downturn in UK and eurozone construction eases while in financial markets, European shares rise and Brent crude hovers around $80 a barrel Max Jones , director and head of construction at Lloyds, was more upbeat. A further improvement this month suggests confi
UK economy strengthens as service sector returns to growth and car sales jump In other (bad) news for SpaceX , a four-tonne piece of a discarded SpaceX rocket that has been floating in space since last year is believed to have unintentionally crashed into the
S&P 500 shot up 1.8% and the main measure of Wall Street’s health topped its prior all-time high set a few months ago The US stock market rallied to records on Tuesday as profits kept piling up for companies and as oil prices eased. The S&P 500 shot up 1.8%, a
Rolling coverage of the latest economic and financial news While oil company profits soar, farmers across Europe are warning of a slump in food production and rising prices as crops suffer as a result of extreme heat, drought and wildfires. Olive groves have a
Rolling coverage of the latest economic and financial news The yen has hit its highest level in three months after Japan and the US launched a combined operation to support the Japanese currency. The yen strengthened to ¥155 to the US dollar on Monday, its hig
Brent crude drops by 5% after US president claimed talks on Middle East peace deal would resume Crude oil prices fell sharply while stocks and government bonds rallied on Monday after Donald Trump cancelled planned strikes on Iran and claimed peace talks were
Investors scramble to make sense of a shock Chinese challenge to the dominance of western chipmakers Even for the rollercoaster world of AI, last week was particularly volatile as investors scrambled to keep up with developments that threatened the dominance o
Both tech companies beat Wall Street predictions on revenue in their second quarters Apple and Amazon both released their second quarter earnings on Thursday, a test of investor confidence in major tech companies amid growing concerns over exorbitant AI spendi
Strong corporate results buoy market as investors move money away from tech and semiconductor stocks London’s FTSE 100 stock index has touched a fresh high, driven by strong corporate results as investors moved money away from tech and semiconductor stocks ami
