London close: Stocks fall on bank tax concerns, US inflation
29th Aug 2025 17:42
(Sharecast News) - London stocks ended lower on Friday as banking shares slumped after a think tank suggested a potential windfall tax on the sector, while investors assessed the latest US inflation data.
Read moreLondon close: Stocks mixed on robust US data, earnings flurry
30th Jul 2025 17:15
(Sharecast News) - London equities ended Wednesday narrowly mixed as investors weighed stronger-than-expected US economic data against a wave of corporate earnings that failed to inspire.
Read moreHSBC earnings fall on hit from China bank stake
30th Jul 2025 07:01
(Sharecast News) - HSBC reported lower-than-expected first half profits as it took a large hit from its stake in China's Bank of Communications.
Read moreFormer McKinsey boss sounded out over HSBC chair - report
6th Jun 2025 12:15
(Sharecast News) - The former head of McKinsey & Company has been sounded out about becoming the new chair of HSBC Holdings, it was reported on Friday.
Read moreHSBC chair Mark Tucker to join AIA as search for successor continues
6th Jun 2025 08:04
(Sharecast News) - HSBC has confirmed that its departing chair Mark Tucker is set to leave the bank in three months without the board having yet announced a successor.
Read moreLondon close: Stocks finish higher as US economy contracts
30th Apr 2025 14:52
(Sharecast News) - London stocks extended their gains on Wednesday, after fresh data from the US showed a slowing in consumer price growth, alongside the country's first economic contraction since 2022.
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 moreHSBC lifts bad loan provisions, unveils $3bn buyback as Q1 profit falls
29th Apr 2025 06:54
(Sharecast News) - Asia-focused bank HSBC on Tuesday lifted its bad loan provisions in the first quarter, blaming a bleak macroeconomic outlook from higher tariffs and geopolitical tensions as it also announced a $3bn share buyback.
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 moreSunday newspaper round-up: Steelmaking, DHL, HSBC
20th Apr 2025 16:36
(Sharecast News) - Ministers may do away with the controversial climate change levies in order to help resuscitate British steelmaking. That follows the UK government's recent decision to take over control of the country's blast furnaces at Scunthorpe. Demand for steel will soar as Britain rearms and looks to become more self-sufficient so as to avoid tariffs. - The Financial Mail on Sunday
Read moreFed's Powell says that impact of tariffs on inflation could be 'more persistent'
4th Apr 2025 17:24
(Sharecast News) - The head of the US central bank sounded a slightly less 'dovish' note at the end of the week, but did not believe that there was any need to hurry and act.
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 moreLondon close: Stocks slide in global reaction to Trump tariffs
3rd Apr 2025 15:29
(Sharecast News) - London stocks closed sharply lower on Thursday as global markets reacted negatively to US president Donald Trump's unexpectedly aggressive global tariff policy announced overnight.
Read moreSunday newspaper round-up: Trump, Airbus, Tesla
30th Mar 2025 12:26
(Sharecast News) - Senior UK and EU diplomats advised the Prime Minister on Saturday to fight back against Donald Trump should he pursue harsh tariffs on British exports. British government officials in Washington and London were in the midst of trying to head-off US trade duties on key UK industries. In particular, there is concern regarding the threat to impose reciprocal 25% tariffs on countries that levy VAT on America's exports. - Guardian
Read moreSunday newspaper round-up: Ukraine, HSBC, Rolls-Royce
23rd Mar 2025 13:08
(Sharecast News) - Officials from Ukraine and the US are expected to sit down in Riyadh and talk about a possible partial ceasefire on Sunday. The meeting will be taking place sooner than expected and will precede another between delegations from the US and Russian on Monday. On Saturday, the American president said that efforts to stop an escalation in the war were "somewhat under control". For his part, Kremlin spokesman, Dmitry Peskov, said that: "We are only at the beginning of this path". "We are working for a ceasefire and a lasting peace [...] We won't have the terms of discussions or timing be played out in the media." - The Sunday Telegraph
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