London close: Stocks rise as UK inflation slows further

20th Dec 2023 15:05

(Sharecast News) - London's stock markets saw a notable upswing on Wednesday, driven by encouraging data revealing a greater-than-anticipated slowdown in UK inflation for November.

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Shell to sell 37.5% stake in PCK Schwedt to Prax Group

15th Dec 2023 13:23

(Sharecast News) - Shell said on Friday that it has agreed to sell its 37.5% stake in German oil refinery PCK Schwedt the UK's Prax Group for an undisclosed sum.

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London close: Stocks finish weaker as commodities drag

4th Dec 2023 15:46

(Sharecast News) - London's equity markets closed lower on Monday as investors kept a watchful eye on upcoming US jobs data, while gold prices surged to record highs.

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London close: Stocks mixed after US, Europe inflation data

30th Nov 2023 15:16

(Sharecast News) - London's markets finished with a mixed performance on Thursday, with the top-flight index lifted by the likes of BP and Shell.

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London close: Stocks make small gains on quiet Thursday

23rd Nov 2023 16:09

(Sharecast News) - London's stock markets saw a positive turnaround by the end of the day on Thursday despite subdued trading activity due to the Thanksgiving holiday in the United States.

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Sector movers: Oil stocks skid after OPEC+ surprise

22nd Nov 2023 18:56

(Sharecast News) - Weakness in the oil patch after OPEC+ delayed its next ministerial meeting amid a squabble over production quotas weighed on the FTSE 350.

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Shell Energy fined £1.4m by Ofcom for consumer protection breaches

21st Nov 2023 07:30

(Sharecast News) - Shell Energy has been fined £1.4m by the UK's telecoms regulator for failing to tell more than 70,000 mobile phone and broadband customers to review their contracts as they approached expiry.

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London close: Stocks tumble on Powell comments as GDP stagnates

10th Nov 2023 15:45

(Sharecast News) - London markets declined on Friday as investors reacted to hawkish remarks by Federal Reserve chair Jerome Powell made overnight.

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London close: Stocks rise as BoE keeps rates steady

2nd Nov 2023 15:12

(Sharecast News) - London's stock markets ended the day on a positive note on Thursday, following the Bank of England's decision to maintain interest rates as markets widely expected.

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Shell Q3 earnings broadly in line, $3.5bn share buyback announced

2nd Nov 2023 07:23

(Sharecast News) - Oil giant Shell posted third-quarter adjusted earnings of $6.2bn on Thursday, as it announced a $3.5bn share buyback over the next three months.

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Shell axing contractors as it moves to cut costs - report

20th Oct 2023 12:56

(Sharecast News) - Shell is cutting contractor numbers as it looks to boost efficiency and reduce operating costs, it was reported on Friday.

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QatarEnergy and Shell strike 27-year LNG deal

18th Oct 2023 12:05

(Sharecast News) - Energy giants Shell and QatarEnergy have struck a deal to supply the Netherlands with liquefied natural gas, it was announced on Wednesday.

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London close: Stocks finish lower on global stability concerns

13th Oct 2023 16:45

(Sharecast News) - London stocks ended on a downbeat note on Friday after a hotter-than-expected US inflation print overnight, and escalating oil and gas prices fuelled anxiety across the board.

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London close: Stocks mixed as US inflation comes in slightly hot

12th Oct 2023 16:02

(Sharecast News) - London markets ended with a mixed outcome on Thursday, as investors digested a fresh inflation reading out of the US, as well as a slight uptick in the UK economy.

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London close: Stocks slip into red on growing Middle East concerns

9th Oct 2023 15:40

(Sharecast News) - London's financial markets closed in the red on Monday, relinquishing earlier gains as geopolitical tensions emanating from the Israel-Gaza conflict hit global sentiment.

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