• Nikkei rises as energy shares rally

    Oil shares support Nikkei and Sony surges on hedge fund’s break-up call Japan’s Nikkei rose on Friday, with energy shares rallying after attacks on two oil tankers in the Gulf of Oman pushed crude oil prices sharply higher. Sony Corp also was in the spotlight, with the stock ending 3.1% ...
  • Trian Fund Management invests in Ferguson

    Trian Fund Management has grabbed a big stake in Ferguson Trian Fund Management, the activist US investor founded by Nelson Peltz, has grabbed a big stake in plumbing supplier Ferguson (FERG), sending its shares 6% higher. Trian Investors 1 (TF1), a Guernsey-based but London-listed investment company launched last September, is ...
  • Nikkei slips on chip-related stocks

    Nikkei slipped on weakness in chip-related stocks after their U.S. counterparts tumbled Japan’s Nikkei fell on Thursday morning, with chip-related shares battered after their U.S. counterparts tumbled while concerns over U.S.-China trade frictions kept activity in check. The Nikkei share average dropped 0.8% to 20,958.25 at the midday break. Chip-related ...
  • Ted Baker shares slump on profit warning

    Ted Baker has warned over profits amid ‘extremely difficult’ trading Troubled retailer Ted Baker has warned over profits as sales slumped amid “extremely difficult” trading and woes with its spring and summer ranges. The fashion brand – whose founder, Ray Kelvin, left in March following allegations of harassment – said ...
  • Global shares rise amid hopes of resolution of US-China trade tensions

    Global shares rise amid hopes of resolution of trade tensions between the US and China Global shares rose on Tuesday as investor jitters over trade eased after President Donald Trump suspended plans to impose tariffs on Mexican imports and said he expects to meet with his Chinese counterpart during a ...
  • London stocks finish higher despite unresolved trade tensions

    London stocks close higher as a more positive sentiment flowed through global markets despite ongoing trade tensions The FTSE 100 finished the day higher for a sixth consecutive session on Tuesday as a more positive sentiment flowed through global markets despite unresolved trade tensions. The blue-chip index gained 22.91 points, ...
  • Global markets higher on US-Mexico trade deal optimism

    Global stock markets were mostly higher with investors optimistic about a U.S.-Mexico trade deal Global markets were mostly higher on Friday with investors optimistic about a U.S.-Mexico trade deal and what economists expect to be solid U.S. jobs numbers. France’s CAC 40 climbed 1.5% to 5,358. Germany’s DAX picked up ...
  • Asian stocks mixed over impending U.S. tariffs on Mexico

    Asian stocks were mixed over impending U.S. tariffs on Mexico Asian stocks were mixed on Thursday as traders kept a close watch on impending U.S. tariffs on Mexico while trade talks with Beijing remained at a standstill. Japan’s Nikkei 225 index added 0.3% to 20,832.46 while the Shanghai Composite index ...
  • Kier's shares

    Kier’s shares tumble 40% on profit warning

    UK builder Kier’s shares fell to their lowest in two decades after profit warning Shares in British builder Kier Group Plc. fell 40% to their lowest in two decades on Monday after it warned on this year’s profits in the latest setback for UK construction firms. Former BAE Systems executive ...
  • global trade concerns

    European stocks lower amid global trade concerns

    European stocks traded lower as global trade worries deepened, causing international markets to stumble European stocks traded lower on Monday morning, as fears over the current state of global trade intensified, causing international markets to stumble. The pan-European Stoxx 600 dropped 0.6% in early trade. Oil and gas stocks took ...