London close: Stocks finish higher on US tariff optimism
9th May 2025 16:46
(Sharecast News) - London equities ended the week higher on Friday, supported by improved sentiment surrounding US trade developments.
Read moreBP shares spark on takeover speculation
9th May 2025 09:11
(Sharecast News) - Shares in BP sparked on Friday, after it was reported that a range of possible suitors were running a slide rule over the oil and gas major.
Read moreSunday newspaper round-up: BP, BAE Systems, Brexit
4th May 2025 16:20
(Sharecast News) - Shell is studying a possible bid for rival BP to take advantage of its botched net zero strategy. According to Bloomberg, the oil major is looking at just how feasible and beneficial an acquisition might be. BP has however recently dropped its previous strategy, under pressure from activist investor Elliott Management. Shell has a market value that nearly triples that of BP. - The Sunday Telegraph
Read moreLondon close: Stocks rise on raft of corporate updates
29th Apr 2025 15:37
(Sharecast News) - London stocks finished higher on Tuesday, buoyed by investor optimism over potential easing of US tariffs on automobiles and a raft of corporate updates.
Read moreQuarterly profits miss forecasts at BP
29th Apr 2025 07:02
(Sharecast News) - BP reported lower-than-expected quarterly income on Tuesday, as the energy major continued to overhaul its long-term strategy amid tumbling oil prices.
Read moreLondon close: Stocks rise as Trump assuages Fed concerns
23rd Apr 2025 15:19
(Sharecast News) - London's equity markets advanced on Wednesday, buoyed by renewed optimism over potential US-China trade negotiations and a rebound in commodity prices.
Read moreLondon close: Stocks rise on Trump tariff exemption hopes
14th Apr 2025 15:50
(Sharecast News) - London stocks rallied on Monday, with both the FTSE 100 and FTSE 250 posting strong gains as investors responded to shifting signals on US trade policy.
Read moreBP announces Gulf of Mexico oil discovery
14th Apr 2025 09:09
(Sharecast News) - BP announced a new oil discovery at its Far South prospect in the deepwater Gulf of Mexico on Monday, marking a potential boost to its upstream portfolio as the company accelerates exploration efforts under its revised strategic plan.
Read moreSunday newspaper round-up: British Steel, BP, BoE
13th Apr 2025 09:52
(Sharecast News) - The government has passed a bill that allows it to force companies to keep operations going at loss-making steel businesses in England. That or their executives will face criminal penalties. The bill was approved in what was just the sixth Saturday sitting of parliament since the second world war. The move was made necessary by the apparent breakdown of talks with British Steel's Chinese owners, which threatened to provoke the works' furnaces going out and the loss of thousands of jobs. - Guardian
Read moreLondon close: Stocks mixed after turbulent tariff-fuelled week
11th Apr 2025 15:03
(Sharecast News) - London stocks ended Friday in mixed territory as geopolitical tensions weighed on investor sentiment, following China's decision to sharply increase tariffs on US goods.
Read moreBP sees lower first quarter upstream production
11th Apr 2025 07:36
(Sharecast News) - Energy giant BP on Friday said it expected to report lower first-quarter upstream production than in the previous three months.
Read moreLondon close: Stocks fall as China retaliates to latest US tariffs
9th Apr 2025 15:07
(Sharecast News) - London stocks fell sharply on Wednesday, with investors reacting to heightened geopolitical tensions after China unveiled retaliatory tariffs in response to a sweeping 104% import charge on Chinese goods announced by US president Donald Trump overnight.
Read moreLondon close: Stocks plummet on second day of Trump trade war
4th Apr 2025 16:09
(Sharecast News) - London markets suffered steep losses on Friday after China announced it would impose retaliatory tariffs of 34% on US imports, intensifying the ongoing trade conflict with Washington and rattling global investor sentiment.
Read moreOil prices slump to fresh lows on tariffs, output hike
4th Apr 2025 08:56
(Sharecast News) - Oil prices continued to tumble on Friday, hit hard by Donald Trump's swingeing tariff regime and a surprise output hike from Opec.
Read moreLondon close: Stocks higher as Reeves delivers Spring Statement
26th Mar 2025 15:01
(Sharecast News) - London stocks closed modestly higher on Wednesday, supported by investor reaction to the chancellor's Spring Statement and a larger-than-expected drop in UK inflation.
Read more