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Market report: Investors get the ‘fever’ again as Fevertree storms back in otherwise muted market

London shares open on a subdued note in early trade on Thursday as investors await the latest EU-wide interest rate decision from the European Central Bank at midday. While little is anticipated to have changed in terms of guidance market watchers are hopeful that the language used will be of an increasingly optimistic hue, with economic risk moving a little more to the downside. But this ...

Market report: FTSE 100 plunges to two-year low on US slowdown fears, DS Smith continues slide

UK stocks fall in line with continental Europe and US index futures as worries over the strength of the US economy begin to weigh on sentiment. In early trade the FTSE 100 index gives up almost 2% to 6,792.10, a new two-year low, while the FTSE 250 gives up 1.5% to a low for the year of 17,995 points. Tomorrow sees the release of three closely-watched indicators of the health of the US economy ...

Market report: Bear raids, tobacco ban talk, plus Garfunkel’s owner taps market for Wagamama cash

Cigarettes giant British American Tobacco (BATS) heads the FTSE 100 lower board on Monday following newspaper reports that the US Food and Drug Administration (FDA) wants to ban menthol cigarettes. The story emerged from the Wall Street Journal over the weekend and it has got investors in BAT worried, with shares in the group slumping 9% in early trade to £31.07. BAT owns Newport, which is the ...
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