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News
London Shares Extend Losses as Oil Prices Surge
3+ day, 13+ hour ago (60+ words) Yahoo Finance UK London Shares Extend Losses as Oil Prices Surge London's FTSE 100 index dropped 1.31% on Wednesday's close as worsening conflict in the Middle East and fuel shortage concerns pushed Brent crude past $100 a barrel for the first time since…...
UK Stocks Slip Amid Prolonged US-Iran Conflict, Subdued Consumption
4+ day, 14+ hour ago (58+ words) Yahoo Finance UK UK Stocks Slip Amid Prolonged US-Iran Conflict, Subdued Consumption British equities traded lower on Tuesday, ending 0.10% in the red, as oil prices climbed on rising hostilities between the US and Iran while UK consumer activity remained subdued....
FTSE 100 slips as Bank of England chief flags inflation risks
4+ day, 13+ hour ago (1100+ words) Stock prices in London have closed lower as Bank of England Governor Andrew Bailey warned of upside inflation risks amid elevated energy prices, while Computacenter reversed an early rally to finish at the bottom of the FTSE 100. The FTSE 100 index…...
China exports accelerate on strong demand for autos and high-tech goods
5+ day, 1+ hour ago (416+ words) China's exports accelerated in August, jumping 25% from a year earlier on strong demand for autos and high-tech goods, its customs agency said on Tuesday. The data came ahead of US President Donald Trump's planned meeting with Chinese leader Xi Jinping,…...
Iran Says Strait of Hormuz Deal With Oman Just Days Away
5+ day, 21+ hour ago (239+ words) (Bloomberg) -- Iran said a deal with Oman to manage shipping through the Strait of Hormuz is days away. Trump Says Canada's Dollar 'Imbalance' With US Is Unacceptable Apple to Kick Off Ternus Era With Its Biggest-Ever Slate of New Products…...
ECB set to hike interest rates as Iran war flares anew
6+ day, 4+ hour ago (558+ words) The European Central Bank is expected to raise interest rates again this week as renewed fighting in the Middle East pushes up energy costs and risks further stoking inflation. Some of the heaviest clashes in weeks in the US-Iran war…...
Stocks fall as borrowing costs hit 28-year high
1+ week, 4+ day ago (1261+ words) Stock prices in London closed lower on Tuesday as government bond yields soared on the back of rising oil prices, reigniting worries over inflation. The FTSE 100 index closed down 34.98 points, 0.3%, at 10,789.28. It had earlier traded as low as 10,689.55. The FTSE…...
China's Xi and Iran's Pezeshkian in Kyrgyzstan, Putin expected
1+ week, 5+ day ago (637+ words) China's Xi Jinping and Iranian President Massoud Pezeshkian were in Kyrgyzstan for a summit of the Shanghai Cooperation Organisation, with Russia's Vladimir Putin expected later on Monday for the two-day event that will involve over a dozen other leaders. The…...
US Treasury's Bessent faces G20 diplomacy test amid tariffs, Iran war, bond turmoil
1+ week, 6+ day ago (888+ words) ASHEVILLE, North Carolina, Aug 30 (Reuters) - U.S. Treasury Secretary Scott Bessent faces a major test of his economic diplomacy skills this week as he presses finance leaders from the G20 major economies to shrink global trade imbalances, boost growth and sever business ties…...
China's help critical, but unlikely, for US to choke off Iran
2+ week, 2+ day ago (626+ words) The United States has threatened the "economic asphyxiation" of Iran, but analysts say that a successful chokehold would require unlikely cooperation from China. Almost six months into the Middle East war, Washington this week laid out plans to expand sanctions…...