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FTSE 100 Gains As Kwarteng Brings Forward Debt Plan

RTTNews | Před 955 dny

FTSE 100 Gains As Kwarteng Brings Forward Debt Plan

(RTTNews) - U.K. shares rose sharply on Tuesday, building on gains from the previous session after the government made a dramatic U-turn on one of the tax cuts that contributed to extreme bond market turmoil last week.

The pound hit a two-week high as Chancellor Kwasi Kwarteng prepares to bring forward the publication of his debt-reduction plans.

The benchmark FTSE 100 climbed 118 points, or 1.7 percent, to 7,027 after rising 0.2 percent on Monday.

Low-cost airline Wizz Air Holdings rallied 3.6 percent after data revealed a 51.5 percent jump in passenger traffic and 12.7 percent lower CO2 emissions in the month of September 2022.

Bakery chain Greggs jumped almost 11 percent after it reported a 14.6 percent increase in third-quarter sales.

Legal & General Group added 5 percent as the financial services and asset management firm reassured investors about its financial status.

Made.Com climbed 22 percent. The embattled furniture retailer said it has begun talks with a "number of interested parties" regarding the sale of the company.

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Eurozone Trade Surplus Surges On Exports To US

Eurozone Trade Surplus Surges On Exports To US

The euro area trade surplus grew strongly in March as exports to the U.S increased sharply ahead of the expected increase in trade tariffs. The trade balance showed a surplus of EUR 36.8 billion compared to a EUR 22.8 billion surplus in the same period last year, Eurostat reported Friday.

RTTNews | Před 41 minutami

Richemont Shares Gain On Higher FY25 Results, Dividend Hike

Richemont Shares Gain On Higher FY25 Results, Dividend Hike

Shares of Richemont SA were gaining around 6 percent in the Swiss trading after the Cartier owner reported higher net profit and sales in its fiscal 2025 on strong Jewellery performance. Meanwhile, earnings from continuing operations was lower than last year amid weak China results. Further, the luxury goods firm declared higher dividend.

RTTNews | Před 47 minutami

U.S. Import, Export Prices Unexpectedly Inch Up 0.1% In April

U.S. Import, Export Prices Unexpectedly Inch Up 0.1% In April

The Labor Department released a report on Friday unexpectedly showing modest increases by U.S. import and export prices in the month of April.

RTTNews | Před 1 h 27 min

EU Seeks Public Feedback On Microsoft's Proposed Changes To Teams In Antitrust Probe

EU Seeks Public Feedback On Microsoft's Proposed Changes To Teams In Antitrust Probe

The European Commission has invited public response regarding Microsoft Corp.'s offers to address competition concerns related to Teams. In a statement, the EU agency noted that the tech major has offered commitments, among others, to sell its Office product without communication and collaboration product Teams at a lower price than Office with Teams.

RTTNews | Před 1 h 30 min

Bay Street Likely To Extend Gains

Bay Street Likely To Extend Gains

Canadian shares are likely to extend recent gains as the mood is likely to remain positive Friday morning amid easing tensions about tariffs.

RTTNews | Před 1 h 32 min

U.S. Housing Starts Rebound In April But Building Permits Pull Back Sharply

U.S. Housing Starts Rebound In April But Building Permits Pull Back Sharply

While the Commerce Department released a report on Friday showing a rebound by new residential construction in the U.S. in the month of April, the report also showed a substantial pullback by building permits during the month.

RTTNews | Před 1 h 34 min

FTSE 100 Advances Again

FTSE 100 Advances Again

U.K. stocks are moving higher on Friday as investors continue to cheer the recent tariff agreement between U.S. and China, and news about a positive progress in talks between the EU bloc and U.S. for lowering the tariffs from earlier proposed levels.

RTTNews | Před 3 h 32 min

Sensex, Nifty End Modestly Lower In Cautious Trade

Sensex, Nifty End Modestly Lower In Cautious Trade

Indian shares ended modestly lower on Friday but logged strong gains for the week, fueled by easing trade and geopolitical tensions.

RTTNews | Před 3 h 54 min

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UPOZORNĚNÍ NA VYSOKÉ RIZIKO: Obchodování s devizami přináší vysokou úroveň rizika, které nemusí být vhodné pro všechny investory. Páka vytváří další rizika a ztráty. Než se rozhodnete obchodovat s devizami, důkladně zvažte své investiční cíle, úroveň zkušeností a toleranci vůči riziku. Můžete přijít o část nebo všechny své počáteční investice. Neinvestujte peníze, které si nemůžete dovolit ztratit. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Všechny údaje a informace jsou poskytovány "tak, jak jsou". pouze pro informační účely a nejsou určeny pro obchodní účely nebo rady. Výkonnost v minulosti neznamená výkonnost v budoucnosti.