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Markets

  • Axa reports over £50bn in revenue amid talks to sell asset management unit for whopping fee

    August 2, 2024

    French insurer Axa reported £50.8bn in revenue as firm enters talks with BNP Paribas to sell asset management unit for £4.3bn.

  • Bullish analysts think sterling’s rally will continue despite chance of interest rate cuts

    July 23, 2024

    Sterling has been one of the strongest performing currencies this year on the back of sticky inflation and stronger than expected growth.

  • City sounds alarm on health of London’s AIM market as listings hit 20-year low

    July 23, 2024

    Leading City figures have sounded the alarm over the health of London's AIM market after a new analysis revealed the number of companies quoted on London's junior market to be at a 20-year low.

  • French media firm Canal+ to list on London Stock Exchange in boost for the City

    July 22, 2024

    French conglomerate Vivendi has confirmed plans to spin off and list its television business Canal+ on the London Stock Exchange today, in what would be another boon to the City’s bourse after signs of a revival in recent months.

  • FTSE 100 today: Blue-chip set to rise ahead of key earnings reports

    July 22, 2024

    Asian stocks fell as Joe Biden exited the election race, China cut rates. Focus on earnings reports from major tech and banking firms.

  • FTSE 100 today: Blue-chip poised to end two-week winning streak amid global uncertainty

    July 19, 2024

    Asian markets drop with Wall Street; oil prices fall; Japan inflation rises; Netflix exceeds subscriber targets; UK retail sales data next.

  • FTSE 100 today: London markets poised to open higher as UK job creation likely slows

    July 18, 2024

    Asian stocks fell amid rising US-China trade tensions. Investors now await UK employment data, the ECB decision and AJ Bell's earnings.

  • What’s next for the square mile? The Morning Wire Summit explores the future of London

    July 17, 2024

    Here are the highlights of the Morning Wire Summit, held in conjunction with the Aquis Exchange, which was a breakfast summit in London that took place at the Aquis Exchange on Wednesday, 10 July.

  • Former deputy mayor shared in £750,000 dividend from RationalFX as staff were laid off

    July 17, 2024

    The former deputy mayor of London shared in a £750,000 dividend from his now-collapsed foreign-exchange firm while scores of the company’s staff were laid off through the pandemic, Morning Wire can reveal.

  • FTSE 100 today: Blue-chip to rise on sub-two per cent inflation, boosting rate cut bets

    July 17, 2024

    Asian stocks rise amid Fed rate cut hopes, gold extends rally; investors focus on upcoming UK and Euro area CPI reports.

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