FTSE 100 Edges Higher In Cautious Trade

RTTNews | 34 hari yang lalu
FTSE 100 Edges Higher In Cautious Trade

(RTTNews) - U.K. stocks were slightly higher on Thursday as investors kept a close eye on developments in the Middle East and awaited comments later today from Bank of England policymaker Megan Greene for further clues on when the central might lower interest rates.

The benchmark FTSE 100 was up 27 points, or 0.3 percent, at 7,874. after gaining 0.4 percent on Wednesday.

BP Plc dropped 1.2 percent and peer Shell gave up half a percent after a sharp fall in oil prices overnight on demand concerns.

easyJet rallied 3.3 percent after the airline forecast a smaller-than-expected winter loss.

Mining giant BHP fell about 1 percent after third-quarter iron ore production fell 7 percent.

Bp Announces Simplified Structure To Reduce Duplication, Reporting Line Complexity Gold miner Centamin lost almost 4 percent after Q1 production came in slightly below expectations.

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Bay Street Likely To Open Lower

Bay Street Likely To Open Lower

Canadian shares are likely to open on a slightly negative note Wednesday morning as energy and materials sectors may find the going somewhat tough due to weak commodity prices.
RTTNews | 4h 45menit yang lalu
Biogen To Buy Human Immunology Biosciences In Deal Valued At Up To $1.8 Bln

Biogen To Buy Human Immunology Biosciences In Deal Valued At Up To $1.8 Bln

Biogen Inc. (BIIB) and privately-held biotechnology company Human Immunology Biosciences or HI-Bio, announced Wednesday the companies have entered into a definitive agreement under which Biogen has agreed to acquire HI-Bio for $1.15 billion upfront and up to $650 million in potential milestone payments.
RTTNews | 4h 48menit yang lalu
UK Inflation Slows Less Than Expected To 2.3%

UK Inflation Slows Less Than Expected To 2.3%

UK consumer prices rose more than expected in April due to the stickiness of services inflation, which would possibly delay the timing of the first interest rate cut. Consumer prices rose 2.3 percent on a yearly basis in April, slower than the 3.2 percent increase in March, the Office for National Statistics reported Wednesday.
RTTNews | 4h 58menit yang lalu
Target Q1 Profit Misses Estimates, Backs FY24 View; Stock Down

Target Q1 Profit Misses Estimates, Backs FY24 View; Stock Down

Target Corp. shares were losing more than 8 percent in pre-market activity on the NYSE after the general merchandise retailer reported weak profit, sales and comparable sales in its first quarter. Earnings per share missed the Street estimates. Further, the company issued second-quarter outlook and maintained fiscal 2024 forecast.
RTTNews | 5h 50menit yang lalu
RBNZ Holds Key Interest Rate; Delays Rate Cut Plan

RBNZ Holds Key Interest Rate; Delays Rate Cut Plan

New Zealand's central bank maintained its benchmark rate for the seventh consecutive session and signaled a delay in rate cuts as services inflation is receding slowly. The Monetary Policy Committee of the Reserve Bank of New Zealand, led by Governor Adrian Orr, decided to hold the Official Cash Rate at 5.50 percent.
RTTNews | 6h 14menit yang lalu