Latest News
04 May
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Pope trying to arrange person-in-person meeting with Russian President

News surfaced on Tuesday of the Roman Catholic Pope's efforts to try to convince the Kremlin to end the fighting in Ukraine, but to no avail as of yet.

04 May
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UK shop price rises hit decade high - survey

Prices in UK stores rose at their fastest pace for more than a decade in April as high energy prices and the war in Ukraine pushed up costs for suppliers and retailers, an industry survey showed.

03 May
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Russia exit pushes BP into $23bn loss but underlying profits soar on higher prices

Energy giant BP swung to a massive first quarter loss as it took a $24bn writedown on its decision to exit its Russian interests, the company said on Tuesday, but underlying profits soared on higher oil and gas prices.

03 May
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Europe close: Stocks stage bounce, periphery stocks lead

European markets staged a partial rebound following the heavy losses seen during the previous session even as Australia raised interest rates for the first time in more than a decade and investors bid their time ahead of key monetary policy decisions around the world scheduled for later in the week.

03 May
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Wednesday preview: US Fed, services PMIs in the spotlight

All eyes on Wednesday will be on the US central bank to see whether rate-setters follow through on their recent accelerated plans for tightening policy or even go a bit further.

03 May
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London close: BP rallies on mixed return from long weekend

London stocks closed in a mixed state on Tuesday, as traders returned to work after the Bank Holiday weekend, with results from oil giant BP in focus.

03 May
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FTSE 250 movers: Auction Technology, Mitie on the rise

London’s FTSE 250 was down 0. 8% at 20,540. 01 in afternoon trade on Tuesday.

03 May
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Director dealings: EKF chair invests, Hilton Food CEO sells option shares

EKF Diagnostics was on the list of director buys on Tuesday, after its chairman was involved in a purchase of almost £0. 45m of its shares.

03 May
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Retail footfall sparks over bank holiday weekend

Retail footfall jumped over the early May bank holiday weekend, industry data showed on Tuesday.

03 May
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ExxonMobil to sell Romanian affiliate for more than $1bn

ExxonMobil said on Tuesday that it has agreed to sell its Romanian upstream affiliate to Romgaz for more than $1bn.

03 May
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Broker tips: Petrofac, M&G, St James's Place, Boohoo

Analysts at Berenberg upgraded oilfield services provider Petrofac from 'hold' to 'buy' on Tuesday, stating the group was now "emerging into the light".

03 May
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FTSE 100 movers: Segro slumps; BP rallies on results

London’s FTSE 100 was down 0. 3% at 7,522. 98 in afternoon trade on Tuesday.

03 May
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US open: Stocks mixed ahead of tomorrow's Fed meeting

Wall Street trading got off to a mixed start on Tuesday as market participants were holding out for the outcome of tomorrow's Federal Reserve meeting.

03 May
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Pfizer sales surge on Covid drugs

Pfizer reported above-forecast numbers on Tuesday, boosted by strong sales from its two Covid-19 drugs.

03 May
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Fitch cuts growth forecast for China

Fitch Ratings has cut its growth forecast for China after Beijing’s policy of zero-Covid started to weigh on the country’s economy.

03 May
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Wishbone Gold signs rig contract for Red Setter drilling

Wishbone Gold has signed a contract for the drilling of its Red Setter Gold-Copper Project in the Patersons Range area of Western Australia, it announced on Tuesday.

03 May
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Eneraqua inks £0.9m deal with Indian state government

Energy and water efficiency technology company Eneraqua Technologies announced on Tuesday that its ‘ClimateSmart Irrigation’ product has been selected by the Department of Horticulture for the State Government of Uttarakhand in India.

03 May
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SDX Energy discovers gas at Sobhi well

Middle East and North Africa-focussed SDX Energy announced a gas discovery at the SD-12 East well on Tuesday, which targeted a separate compartment in the Sobhi Field within the Ibn Yunus North development lease in Egypt.

03 May
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Hargreaves Services lifts forecasts amid strength at German venture

Industrial and property service provider Hargreaves Services hiked its expectations further on Tuesday, due to “continuing strong performance” at its German joint venture Hargreaves Raw Materials Services (HRMS).

03 May
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Europe midday: Stocks edge higher with central banks in focus

European markets were still edging ahead come midday following losses during the previous session as Australia raised interest rates for the first time in more than a decade and investors bid their time ahead of key monetary policy decisions around the world scheduled for later in the week.

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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.

The value of investments can fall and you may get back less than you invested.