Australian miner launches deal worth proposed $38.8 billionAnglo has huge copper assets crucial to buyoutCopper prices at two-year highs as renewable energy demand risesFTSE 100 mining group Anglo American (AAL) has huge iron ore, platinum, coal and, through its? controlling stake in dealer De Beers, diamonds, but make no mistake, BHP?s (BHP) interest in the business is a big bet on copper.Copper

Stock prices in London rose on Tuesday heading into the afternoon, as UK economic data buoyed investors with ?fresh optimism? and helped the FTSE 100 hit another intraday high.Amongst individual stocks, AB Foods was the star of the morning, thanks to a jump in its interim profit. JD Sports also rose, after agreed to buy US sports fashion retailer Hibbett for just over $1 billion.The FTSE 100 index

Investors in London continued to show confidence, as stocks at the open on Tuesday added to Monday?s gains, boosted by the prospect of interest rate cuts.The FTSE 100 index opened up 33.06 points, 0.4%, at 8,056.93. The FTSE 250 was up 54.48 points, 0.3%, at 19,653.87, and the AIM All-Share was up 2.14 points, 0.3%, at 751.32.The Cboe UK 100 was up 0.3% at 804.24, the Cboe UK 250 was up 0.2% at 17

Investors in London were not deterred by continuing concerns of higher for longer US interest rates, as stocks were up heading into the afternoon.The FTSE 100 index was 14.38 points higher, 0.2%, at 7,862.37. The FTSE 250 was up 63.75 points, 0.3%, at 19,403.89. The AIM All-Share was up 0.59 of a point, 0.1%, at 743.71.The Cboe UK 100 was a touch higher at 785.28, the Cboe UK 250 was up 0.1% at 16

European stocks were in the red on Thursday midday, after hope for Summer interest rate cuts diminished following hotter-than-expected US consumer price inflation.Investors are also eyeing the latest interest rate decision from the European Central Bank and hopes for some clues about the trajectory of rates in a press conference which will follow.The FTSE 100 index was down 18.46 points, 0.2%, at

The cruise industry is enjoying an unprecedented boom with around 35.7 million passengers expected to book a trip this year, up from 31.5 million in 2023 and 6% more than the number of passengers who set sail in 2019 according to the CLIA (Cruise Lines International Association).Going on a cruise holiday is slowly become a more popular alternative then jumping on a plane or a high-speed train to E

Blue-chip stocks in Europe fell on Tuesday, though oil majors and miners stopped London?s FTSE 100 from suffering a sharper decline.Stocks struggled, but gold was on the rise again, achieving another record high. Defence firms were sold off, meanwhile.The FTSE 100 index ended down 8.68 points, 0.1%, at 7,934.79. The FTSE 250 ended down 91.23 points, 0.5%, at 19,763.35, while the AIM All-Share rose

London?s FTSE 100 rose on Thursday morning, despite doubts over the timing of US Federal Reserve interest rate cuts still lingering, while gold reached another record high.The FTSE 100 index opened up 18.52 points, 0.2%, at 7,955.96. The FTSE 250 was up 34.02 points, 0.2%, at 19,787.66, and the AIM All-Share was up 0.82 of a point, 0.1%, at 742.90.The Cboe UK 100 was up 0.3% at 795.53, the Cboe UK

While the relentless advances in Nvidia (NVDA:NASDAQ), Bitcoin and US equities continue to grab most of the headlines (and that is not forgetting new all-time highs for headline stock indices in France, Germany, Taiwan, Australia and Japan), one asset is outstripping them all so far in 2024 ? and that is cocoa. Futures prices for the commodity have melted up by almost 150% this year alone, to a ne

Stock prices in London closed lower on Monday amid rising global tensions, although conviction grows that the Bank of England will soon cut rates.The FTSE 100 index closed down 13.35 points, 0.2%, at 7,917.57. The FTSE 250 ended down 110.79 points, 0.6%, at 19,613.53, and the AIM All-Share closed down 2.26 points, 0.3%, at 737.26.The Cboe UK 100 ended down 0.2% at 791.89, the Cboe UK 250 closed do

Blue-chip stocks in London were boosted on Friday by a favourable Bank of England interest rate outlook, although mid-caps inched down and trade elsewhere was mixed as New York stocks were largely down.The FTSE 100 index climbed 48.37 points, 0.6%, at 7,930.92, its best closing level in over a year. The FTSE 250 slipped 16.99 points, 0.1%, at 19,724.32, and the AIM All-Share ended down 1.12 points

Like for like sales growth slows to 5.8%Big jump in operating profitTough comps in second halfSlowing like for like sales growth at pubs group JD Wetherspoon (JDW) was enough to knock the shares 7% lower to 737.5p, bringing an end to a strong run which has seen them gain 25% over the last year, comfortably ahead of the FTSE 250.Like-for-like sales growth slowed to 5.8% in the seven weeks to 17 Mar

Against a backdrop of rising high-end mixer market competition, a cost-of-living crisis and inflationary pressures, Fevertree Drinks? (FEVR:AIM) shares have fallen almost 50% over five years. So the premium carbonated mixers supplier needs to stir up renewed confidence in its global growth and margin expansion prospects when it delivers annual results on 26 March. News of a strong start to 2024 wo

London?s blue-chips went sideways, a mixed showing relative to European peers, as all eyes turned to the US with the interest rate decision imminent.The FTSE 100 index ended down just 0.92 of a point at 7,737.38. It had been 0.3% lower in morning trade, however.The FTSE 250 had a more stellar day, rising 51.59 points, 0.3%, to 19,484.40. The AIM All-Share rose just 0.03 of a point to 735.59.The Cb

There is a new term for the US market doing the rounds in financial circles ? move over ?Goldilocks?, stocks are now ?Teflon?.In other words, even if the economic news is bad ? such as the latest US inflation data, which topped analysts? forecasts ? it doesn?t stick because stocks are only going up, and whereas investors used to fear a sell-off their greatest worry right now is not being in the ma

The UK FCA (Financial Conduct Authority) is falling into line with other financial regulators and softening its stance on investing in digital currencies as bitcoin hits a record high.From April 2024, issuers will be able to list exchange traded products linked to Bitcoin and Ethereum coins on the London Stock Exchange.The FCA banned crypto-related derivatives in 2021 on concerns over the amount o

THIS IS AN ADVERTISING FEATURE Nuclear power, which uses uranium to produce electricity with a small carbon footprint, has been around for decades, but the technology and underlying commodity have experienced renewed interest as the world looks to transition away from fossil fuels and nations work to increase energy security. The shift from fossil fuels to green energy sources such as solar and wi

London?s FTSE 100 underwhelmed on Wednesday, achieving only the most fractional of gains, while peers in Paris and Frankfurt hit record highs.Favourable gross domestic product data lifted sterling above the $1.28 mark and helped strengthen the idea that a UK recession will only be brief.Elsewhere, Direct Line shares fell as Belgian insurer Ageas came knocking again as it looks to buy the insurer.

The FTSE 100 was outperforming its European peers at midday Tuesday, after market sentiment got a boost from UK employment data, which has raised the chances of a Bank of England interest rate cut.A red-hot US consumer price rise could undo all of that progress, however. According to FXStreet cited consensus, the US annual consumer price inflation rate is expected to have remained at 3.1% in Febru

Equities in London made an underwhelming start to the week, in a sign of investor unease ahead of a key few days on the fiscal and monetary policy fronts.A pre-election budget will be the key event in the UK this week. Eyes will be on whether UK Chancellor Jeremy Hunt will size up some tax relief. In the eurozone, focus will be on the European Central Bank?s interest rate decision on Thursday. In