Markets

Markets

Castlelake walks away from easyJet, clearing way for Apollo Global – as it happened

Downturn in UK and eurozone construction eases while in financial markets, European shares rise and Brent crude hovers around $80 a barrel Max Jones , director and head of construction at Lloyds, was more upbeat. A further improvement this month suggests confi

The Guardian15h ago
Markets

Cost of filling up a tank of diesel reaches £100, as oil prices rise back above $80 a barrel again – as it happened

UK economy strengthens as service sector returns to growth and car sales jump In other (bad) news for SpaceX , a four-tonne piece of a discarded SpaceX rocket that has been floating in space since last year is believed to have unintentionally crashed into the

The Guardian2d ago
Markets

US stock market hits record highs as AI profits pile and oil prices ease

S&P 500 shot up 1.8% and the main measure of Wall Street’s health topped its prior all-time high set a few months ago The US stock market rallied to records on Tuesday as profits kept piling up for companies and as oil prices eased. The S&P 500 shot up 1.8%, a

The Guardian2d ago
Markets

Oil profits boom on ‘war bonus’ as Trump blasts energy giants for ‘making too much money’ - as it happened

Rolling coverage of the latest economic and financial news While oil company profits soar, farmers across Europe are warning of a slump in food production and rising prices as crops suffer as a result of extreme heat, drought and wildfires. Olive groves have a

The Guardian3d ago
Markets

UK economy faces recession if strait of Hormuz remains closed, EY warns - as it happened

Rolling coverage of the latest economic and financial news The yen has hit its highest level in three months after Japan and the US launched a combined operation to support the Japanese currency. The yen strengthened to ¥155 to the US dollar on Monday, its hig

The Guardian4d ago
Markets

Oil prices plunge and Europe’s markets rally after Trump calls off Iran strikes

Brent crude drops by 5% after US president claimed talks on Middle East peace deal would resume Crude oil prices fell sharply while stocks and government bonds rallied on Monday after Donald Trump cancelled planned strikes on Iran and claimed peace talks were

The Guardian4d ago
Markets

Stock market turmoil sheds stark light on the opaque AI economy

Investors scramble to make sense of a shock Chinese challenge to the dominance of western chipmakers Even for the rollercoaster world of AI, last week was particularly volatile as investors scrambled to keep up with developments that threatened the dominance o

The Guardian5d ago
Markets

Apple and Amazon report rising revenues as investors turn on some tech stocks

Both tech companies beat Wall Street predictions on revenue in their second quarters Apple and Amazon both released their second quarter earnings on Thursday, a test of investor confidence in major tech companies amid growing concerns over exorbitant AI spendi

The Guardian30 Jul
Markets

FTSE 100 hits record high despite AI sell-off

Strong corporate results buoy market as investors move money away from tech and semiconductor stocks London’s FTSE 100 stock index has touched a fresh high, driven by strong corporate results as investors moved money away from tech and semiconductor stocks ami

The Guardian29 Jul
Markets

Oil jumps after Iran attempts ‘surprise attack’; chip stocks slump further as AI sell-off continues – as it happened

Rolling coverage of the latest economic and financial news The UK’s competition watchdog has opened an investigation into Microsoft over concerns that its customers may have been misled about their Microsoft 365 subscription options. The Competition and Market

The Guardian29 Jul
Markets

‘Ask the right questions’: what you need to know before buying shares

Whether it is SpaceX or a bank, getting the right facts about a firm can offer vital insights before you invest in it When Elon Musk’s SpaceX launched on to the stock market , tens of thousands of Britons clamoured to buy a stake, putting the spotlight on DIY

The Guardian29 Jul
Markets

Apple becomes second $5tn company as investors flee AI stocks

Share price rally driven by strong product demand as well as decision to sit out AI spending race, amid wider tech sell-off Apple has become only the second company to pass the $5tn valuation mark, as it benefited from investors fleeing AI and semiconductor st

The Guardian28 Jul
Markets

South Korean stock market at three-month low as AI sell-off intensifies

Samsung and SK Hynix fall by more than 10% amid renewed fears over AI spending and Chinese competition Business live – latest updates The sell-off in AI stocks has intensified, driving South Korea’s stock market down to its lowest level in three months. Invest

The Guardian28 Jul
Markets

GSK invests £400m to move research centre to Cambridge as Burnham praises ‘vote of confidence’ in UK - as it happened

Rolling coverage of the latest economic and financial news BT ’s Openreach could be forced to pull a discount scheme for new fibre broadband customers, after the industry regulator said the deal was “not fair and reasonable” and could damage competition in the

The Guardian28 Jul
Markets

Private equity finds soft takeover targets in London – yet again | Nils Pratley

Offer for DCC Energy leaves total of completed or agreed deals within FTSE 100 this year at five, but has Westminster noticed? DCC, one of FTSE 100’s biggest energy firms, agrees £5.75bn takeover And another one goes. Dublin-based DCC Energy is a lower-profile

The Guardian27 Jul
Markets

Oil price slides as US and Iran pause fire; cancer treatments help AstraZeneca beat profit forecasts – as it happened

Rolling coverage of the latest economic and financial news The UK’s financial watchdog has launched a £2m advertising campaign aimed at curbing use of claims management companies (CMCs), and encouraging drivers hit by the car finance scandal to file their own

The Guardian27 Jul
Markets

DCC, one of FTSE 100’s biggest energy firms, agrees £5.75bn takeover

KKR and Energy Capital Partners poised to buy firm despite misgivings from founder and biggest shareholders Nils Pratley: Private equity finds soft takeover targets in London – yet again One of the biggest energy businesses listed on the London Stock Exchange

The Guardian27 Jul
Markets

Can Japan avoid a Liz Truss-style shock as its PM embarks on a giant spending spree?

Sanae Takaichi’s blueprint to inject £1.7tn and double economic growth leaves many investors fearful International investors are asking where Japan’s prime minister will find the ¥370tn (£1.7tn) of extra cash that she wants to invest in 17 industrial sectors b

The Guardian25 Jul
Markets

European stocks rise as oil falls back below $100; UK could lose ‘advantage’ over EU due to Trump’s new tariffs, industry warns - as it happened

Rolling coverage of the latest economic and financial news On the corporate front today, the consumer goods group Reckitt Benckiser has warned it will take a £175m hit from selling its business in Russia to local manufacturer Arnest Management . The deal is pa

The Guardian24 Jul
Markets

Tesla stock suffers double-digit drop on carmaker’s worst day in years

Elon Musk’s EV company lost a quarter of its value this year amid weak profits and high spending on AI and robotics Tesla ’s stock fell about 13.5% on Thursday in one of the biggest single-day market losses in the company’s history. Elon Musk ’s automaker has

The Guardian23 Jul
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