Latest News
04 Oct
wall street dl us usa stocks shares  dow jones s
US close: Stocks record heavy losses as bond yields rise

Wall Street stocks lost ground on Monday as the first full week of Q4 trading started off with losses amid a rotation out of tech stocks and rising bond yields.

04 Oct
wizz air dl a320 neo 2
Wizz Air Sept passenger numbers up 91% vs 2020

Budget airline Wizz Air said September passenger numbers were up 91% year on year and flew 57% more seats year on year as the impact of the Covid-19 pandemic lessened.

04 Oct
ecb dl 3 euro bonds frankfurt germany economy
Tuesday preview: Global services PMIs, ECB's Lagarde in focus

The market spotlight will be on the global services sector on Tuesday with a spate of surveys covering the sector scheduled for release on either side of the Pond.

04 Oct
opec dl oil brent wti crude commodities
Europe close: Oil price jump cuts early stock market rally short

European stocks finished lower on Monday after as a surprise decision by the Organisation of Petroleum Exporting Countries and its allies to raise their crude oil output cut a morning rally short.

04 Oct
maersk dl ship shipping china nz new zealand
WTO ups forecasts for global trade, but warns Covid risks remain

The Word Trade Organization has hiked its forecasts for the global trade in goods, but warned that downside risks from the pandemic and vaccine inequity in particular remained.

04 Oct
china dl evergrande real estate
Evergrande halts trading ahead of 'major' deal

Shares in Evergrande have been suspended ahead of a "major transaction", the embattled Chinese property developer confirmed on Monday.

04 Oct
dl wm morrison morrisons supermarket shop sign clayton dubilier and rice
London close: Stocks turn red after turbulent session

London stocks were back in the red at the end of a turbulent Monday session, as rising bond yields across the pond turned up the pressure, after Hong Kong shares in Chinese property developer Evergrande were suspended.

04 Oct
Broker tips: Sabre, SSE

Analysts at Berenberg lowered their target price on insurance provider Sabre from 224. 0p to 199. 0p, stating that when "things do not add up" it's time to 'sell'.

04 Oct
Director dealings: Bigblu CEO raises stake

Bigblu Broadband revealed on Monday that chief executive Andrew Walwyn had acquired 44,176 ordinary shares in the AIM-listed broadband services provider.

04 Oct
exxon mobil dl crude wti oil us energy gas station retail 3
Brent jumps as OPEC+ surprises, stands pat on output

Crude oil futures hit seven-year highs after OPEC+ nixed talks of a supply increase at their ministerial meeting.

04 Oct
coins currency investment insurance business finance company
BrandShield secures credit facility with Leumi Bank

Brand protection technology company BrandShield Systems has entered into an agreement with Leumi Bank to provide a revolving monthly recurring revenue (MRR) credit line facility of up to NIS 8m (£1. 8m), it announced on Monday.

04 Oct
IATA warns that Covid-19 could cost airline industry more than $200bn

The International Air Transport Association warned on Monday that over the 2020-2022 period, total losses for the airline industry could top $200. 0bn.

04 Oct
texaco garage no fuel london shortages 2021
UK troops start fuel deliveries to ease driver shortage crisis

British military truck drivers have started delivering fuel to petrol stations as the nation continued to grapple with low supplies at forecourts.

04 Oct
plus500
FTSE 250 movers: Frasers hit by downgrade; Plus500 rallies

London’s FTSE 250 was down 1. 2% at 22,707. 46 in afternoon trade on Monday.

04 Oct
edgar test 10
Bacanora reassures shareholders over proposed law in Mexico

Lithium development company Bacanora updated the market in light on new legislation around lithium mining announced by the government of Mexico on Monday.

04 Oct
wall street dl us stock market stocks shares finance trading dow jones
US open: Stocks open lower amid rising bond yields

Wall Street stocks were in the red at the open on Monday as the first full week of Q4 trading started off with losses amid a rotation out of tech stocks and rising bond yields.

04 Oct
j sainsbury sainsburys supermarket superstore sign shop shopping groceries retail
FTSE 100 movers: BT under the cosh; Sainsbury's shoots higher

London’s FTSE 100 was up 0. 3% at 7,046. 50 in afternoon trade on Monday.

04 Oct
meeting, takeover, talks, bid, merger, acquisition, board
Qualcomm, SSW to buy Veoneer in $4.5bn deal

Qualcomm said on Monday that it and New York-based investment partnership SSW Partners have agreed to buy automotive technology group Veoneer in a $4. 5bn cash deal.

04 Oct
coins currency investment insurance business finance company
Zoltav enters two new credit facilities

Russia-focussed oil and gas exploration and development company Zoltav updated the market on its plans to commercialise the eastern fields of the Bortovoy licence in Saratov on Monday, reporting that its wholly-owned subsidiary Diall Alliance has entered into two non-revolving credit facilities with PJSC Sberbank of Russia.

04 Oct
volvo xc40 20210622071214
Volvo Cars to raise 25bn Swedish krona in Stockholm IPO

Swedish car maker Volvo Cars, which is owned by China’s Zhejiang Geely Holding Group, is planning to list on the Nasdaq Stockholm stock exchange as it looks to accelerate its shift towards full electrification.

News Source: © 2022 Web Financial Group (UK) Limited. All rights reserved and terms of use apply.

Important Legal Notice about News Sources: Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news and we may not share the views of the author or publisher. We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.

 

Important Legal Notice about News Sources

Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author or publisher.

We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.