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FTSE 100 Inches Higher As BP Posts Record Profit

RTTNews | Před 829 dny

FTSE 100 Inches Higher As BP Posts Record Profit

(RTTNews) - U.K. stocks traded higher on Tuesday as higher oil prices lifted energy stocks.

The benchmark FTSE 100 was up 33 points, or 0.4 percent, at 7,869 after closing 0.8 percent lower the previous day.

Oil major BP Plc soared almost 4 percent after it posted a record annual profit, in line with increasing natural gas and oil sales from rising prices.

Peer Shell gained about 1 percent, as oil extended gains from the previous session on worries about supply issues resulting from the shutdown of a significant export facility after a powerful earthquake in Turkey.

AstraZeneca was little changed despite the EU approving its drug Forxiga for the treatment of symptomatic chronic heart failure.

Telecom major Vodafone dropped half a percent as it launched three concurrent offers to purchase for cash any and all of the outstanding series of notes maturing in May 2048, February 2043 and May 2038.

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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 35 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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