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Wise App

HSBC's new forex app debut sends Wise share price lower

HSBC Holdings is gearing up to launch an international payments app, Zing, in a direct challenge to fintech giants like Revolut and Wise, which have amassed large retail customer bases by providing cost-effective foreign exchange services.

JD Sports

Sales slump warning tanks JD Sports share price

JD Sports shares tumbled by 22% on Thursday as the UK-based retailer revised its guidance, indicating a downturn in the global sportswear market following Nike's warning of reduced consumer spending last month.

Shell Oil Company

Shell share price drops on $4.5bn Q4 writedown

Shell shares were down in Monday trading after the UK-based oil giant revealed that its fourth-quarter earnings took a hit of between $2.5 billion to $4.5 billion in impairments.

M&S shares

M&S shares, U.S. sell-off drag FTSE 100 lower on Thursday

In Thursday's trading session, the primary UK stock indices closed lower, hurt by Wall Street losses following a higher-than-anticipated consumer price inflation (CPI) reading in the U.S., while shares of major retailer Marks & Spencer (M&S) fell by over 5% despite stronger-than-expected holiday season sales.

London Uk

FTSE 100 index near one-month lows as global sentiment sours

London's FTSE 100 index hovered near a one-month low on Tuesday, facing downward pressure from global risk-off sentiments as hawkish comments from central bankers outweighed the positive impact of better-than-expected UK wages data.
London England

London stocks climb after Wall Street equities surge

London's primary stock indices advanced on Monday, buoyed by a record-breaking surge on Wall Street that offset concerns about a sluggish British economy and persistent inflation.
LLoyds Bank

Lloyds share price rises on 1,600 job cuts in digital switch

In a recent development, Lloyds, the UK’s largest domestic bank, has announced plans to cut close to 1,600 positions within its branch network. The move, unveiled on Thursday, is part of a broader strategy aimed at expanding the Lloyds online presence.

Bank England Royal Exchange Wellington Statue

UK stock indices climb on upbeat earnings, easing inflation

UK stock indices saw gains on Tuesday, buoyed by positive earnings reports and indications of diminishing inflationary pressures, with WPP leading the advances alongside signs of cooling price increases.

Shell shares rally as earning call sets high bar for Exxon and Chevron

Shell shares up as earnings set high bar for Exxon, Chevron

Shell, Europe’s largest oil and gas firm, delivered a standout performance in 2023 despite facing significantly lower oil prices compared to the previous year.

BP shares rally as UK oil giant extends share buyback scheme

BP shares rise 6% after UK oil giant announces share buyback

BP shares rallied by as much as 6% on Tuesday as the company announced an expansion of its share buyback program and a hike in its dividend payout, despite a drop in annual profit.
FTSE 100 index sees modest increase on Thursday buoyed by positive earnings reports

FTSE 100 index inches up on earnings bump

UK shares edged higher on Thursday, driven by a slew of positive earnings reports, though gains were tempered by anticipation of crucial PCE inflation data from the U.S.

BP shares fall on Q2 profit warning

BP shares drop over 4% on Q2 lower profit warning

BP shares fell by over 4% on Tuesday as the firm announced its Q2 profit could fall by up to $700m on weak refining margins and lower oil trading results.