European stocks open to close as recession fears continue

LONDON – European stocks were lower Thursday, as global markets see renewed volatility after a brief recovery following last week’s tumultuous trading. The pan-European Stoxx 600 dropped 0.8% in early trade, with basic resources shedding 1.8% to lead losses as all sectors and major stock exchanges slid into negative territory. European stocks closed lower on … Read more

European markets open to close, earnings, data, central banks

LONDON – European stocks are expected to open in negative territory on Wednesday, giving up gains made in the previous session amid more positive global sentiment. The UK’s FTSE index is expected to open 45 points lower at 7,103, Germany’s DAX 112 points lower at 13,180, France’s CAC 40 down 56 points at 5,906, and … Read more

Live RMT blames ‘dead hand’ of Tories as talks fail to avert rail strikes – live updates – The Telegraph

Live RMT blames ‘dead hand’ of Tories as talks fail to avert rail strikes – live updatesThe Telegraph Rail strikes: RMT says ministers prevented dealBBC Rail strikes to disrupt GCSEs and access to medical treatment says Transport SecretarySky News UK Rail Strikes to Proceed After Unions Reject Last-Minute OfferBloomberg ScotRail urges public to only travel … Read more

European markets open to close, data, earnings, central banks

LONDON – European stocks inched slightly higher on Monday after a tumultuous trading week last week. The pan-European Stoxx 600 added 0.2% in early trade, with travel and leisure stocks climbing 1.1% to lead gains while construction and material stocks fell 1.2%. The modest gains for Europe today came after a turbulent week of trading … Read more

British tech giant Arm to list in London after sale blocked over national security

Good morning. Britain’s tech sector has been given a welcome boost this morning after it emerged SoftBank is planning to list some of its stake in chip designer Arm in London. The Japanese conglomerate had been preparing an initial public offering in New York after a $ 40bn (£ 30bn) sale to Nvidia was blocked … Read more

European markets open to close, stocks, data, US inflation

LONDON – European stocks are expected to open in negative territory amid nervousness over inflation, with the next reading of US inflation due at the end of the week. The UK’s FTSE index is seen opening 39 points lower at 7,576, Germany’s DAX 113 points lower at 14,540, France’s CAC 40 down 54 points at … Read more

Sunak announces 25pc windfall tax on oil and gas profits

Good morning. The IFS has sounded the alarm over Rishi Sunak’s plans to help British households with their energy bills. Paul Johnson, director of the IFS, said further support for the UK’s poorest households was “very much needed” as energy bills continue to rise. But he said a blanket handout – which could cost around … Read more

European markets open to close, data, earnings, Davos

LONDON – European stocks are expected to open lower Tuesday as US markets struggle to maintain a comeback rally. The UK’s FTSE index is seen opening 35 points lower at 7,468, Germany’s DAX 47 points lower at 14,099, France’s CAC 40 down 28 points at 6,310 and Italy’s FTSE MIB 168 points lower at 23,945, … Read more

Pound slides as surging inflation fuels recession fears

With the cost-of-living crunch in focus, motorists will be looking for ways to keep their fuel costs down. After petrol hit a new record high across the UK, new research by the AA has found that supermarket fuels may be your best bet – but it depends where you live. Across the country yesterday, petrol … Read more

Morgan Stanley names 5 cheap global stocks – and gives all at least 20% upside

Morgan Stanley analysts have named their top global stock picks in a choppy market, saying all of them look cheap right now. While Morgan Stanley – like other banks – remains cautious on stocks, given persistently high inflation, slowing global growth and the Ukraine war, it identified several “key overweights” in a note dated May … Read more