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UK's FTSE 100 slips as losses in energy stocks and AstraZeneca weighLondon’s FTSE 100 edged lower as losses in energy majors and AstraZeneca weighed on the index amid thin holiday trading. Weak crude prices ...- U.S. Stock Market today: Oil prices stable after volatile trading, global stocks divergeInternational oil benchmark Brent edged back up to around $111 per barrel following Thursday's wild swings on worries about a resumption of...
- Global stocks | London's FTSE indexes subdued as investors assess AI concerns; defence stocks gainBritain's FTSE indexes were subdued on Friday, tracking a sombre mood globally in a week that was marked by AI-disruption worries, while d...
- European shares close at record high on US inflation data, trade hopesEuropean stock markets reached a new peak on Friday. This surge was fueled by lower than anticipated U.S. inflation figures. Hopes for redu...
- European shares gain on US-China trade optimism, upbeat earningsEuropean shares climbed on Friday, as signs of easing U.S.-China trade conflicts and a raft of positive corporate earnings boosted investor...
- UK banks face new profit tax as shares drop after IPPR proposalUK banks face calls for a new tax on profits to recover taxpayer money lost from QE. Shares of NatWest, Lloyds, and Barclays fell after the...
- Lloyds is planning to shift thousands of skilled IT jobs from UK to IndiaLloyds Banking Group is hiring 4,000 IT engineers in India while planning job cuts in the UK. The bank's digital transformation strategy in...
- UK: Bankers brace for big hit as fear mounts over likely budget tax blowUK-based banks are intensifying lobbying efforts against potential tax hikes in the upcoming Budget on October 30. Finance minister Rachel ...
- Bank of England steps up scrutiny of private equity and bank valuationsThe Bank of England said on Wednesday it was taking a deeper look at risks from the opaque private equity sector, and why valuations of Bri...
- European shares subdued as NatWest drop outweighs energy gainsThe pan-European STOXX 600 was down 0.1% by 0711 GMT and was on track to end 0.2% lower for the week.
- Barclays hints at big cost cuts as margin pressure intensifiesBarclays is considering significant cost-cutting measures later this year due to competition for savers' money impacting its margins. Altho...
- India Inc wants more women in leadership rolesCompanies including Accenture, Cognizant, KPMG, L&T, PwC, and NatWest Group are making concerted efforts to bring in more women in leadersh...
- Stress test shows top 8 UK banks have enough capital, says Bank of EnglandBritain's eight largest lenders have enough capital to ride out economic stress deeper than the 2008 financial crisis, the Bank of England ...
- European shares rise on strong earnings, Q1 GDP data on tapEurope's biggest home appliances maker Electrolux AB was the top gainer on the index, jumping 6.0%. The company earlier said that weaker de...
- HSBC cuts staff bonus pool, lifts CEO Noel Quinn's total payOnce long-term incentive awards are included, Quinn's total pay could reach 10.5 million pounds, the bank said. HSBC reported a strong four...
- Euro fragile as Fed hike looms, gas risks weighElsewhere moves have been restrained ahead of the Federal Reserve's policy announcement due at 1800 GMT. The yen was steady at 136.98 per d...
- HSBC pretax profit rises 79% on recovery from pandemic damageHSBC, which makes the bulk of its profits in Asia, said its credit losses for 2021 were likely to be below the medium-term range of 30-40 b...
- In summer of turmoil, subdued 'fear' gauges make markets uneasyVolatility gauges embedded in option markets are used by traders and investors to predict -- or guess -- market direction.
- RBS profits halved by coronavirus hit, drops Bó brandBritish state-backed lender Royal Bank of Scotland said its profits halved in the first quarter, as it set aside 802 million pounds ($1.01 ...
- British bankers to be sentenced in Enron case in USThree British bankers are to be sentenced Friday for their roles in a fraudulent scheme involving collapsed US energy company Enron.
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