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(Alliance News) - The FTSE 100 posted only fractional gains on Wednesday as a strong start to the session faded in the afternoon amid concerns over the Ukraine crisis and Russia's impending response to a raft of sanctions from the West.
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LONDON, Feb 23 (Reuters) - British Prime Minister Boris Johnson told finance chiefs that he wants the next batch of sanctions against Russia to be the toughest possible, a government source said on Wednesday.
Read more(Alliance News) - Share prices in London were higher at midday on Wednesday after world powers imposed less-harsh sanctions on Moscow than market participants had feared.
Read more(Alliance News) - Bank of England Governor Andrew Bailey has called on banks to use restraint in paying bonuses to help keep inflation down as he warned the "least well off" will be hit hardest by the cost-of-living crisis.
Read more(Alliance News) - Barclays PLC on Wednesday reported a surge in annual profit, aided by the reversal of credit impairments set aside in 2020 to deal with the fallout from the pandemic, and the bank said it plans GBP1.0 billion in share buybacks.
Read more(Alliance News) - Stock prices in London opened higher on Wednesday as international sanctions against Russia for its actions against Ukraine were not as harsh as the market feared.
Read more(Alliance News) - Stock prices in London are seen opening slightly higher on Wednesday following positive trading in Asia, even as investors tracked developments in the Russia-Ukraine crisis.
Read moreLONDON, Feb 23 (Reuters) - Barclays reported its annual profit nearly trebled and returned 2.5 billion pounds to shareholders in 2021 via dividends and buybacks, as bad loan charges plunged and its investment bank continued its strong recent performance.
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(Sharecast News) - Annual profits almost trebled at Britain's Barclays Bank, boosted by economic recovery and the release of provisions for bad loans during the Covid pandemic.
Read more(Sharecast News) - All eyes on Wednesday will be on the ongoing crisis and how the international community responds to Russia's decision to recognise the two breakaway republics in Ukraine's Donbass region.
Read more(Sharecast News) - Equity strategists at J.P.Morgan reiterated their 'bullish' stance on cyclical areas of the market but warned clients away from growth stocks, telling them that current weakness in that space might not be an opportunity.
Read moreDUBAI, Feb 21 (Reuters) - Mumbai International Airport has hired a group of banks to arrange a sale of U.S. dollar-denominated bonds to refinance existing debt and for capital expenditure, a bank document showed on Monday.
Read more(Alliance News) - Stocks in London were sliding backwards into the weekend with the early gains seen on Friday reversing as the session dragged on.
Read moreLONDON, Feb 17 (Reuters) - Standard Chartered Chief Executive Bill Winters is keen to stay at the bank at least until the delivery of its new goal to hit a double-digit return by 2024, he told Reuters on Thursday.
Read moreSINGAPORE/LONDON, Feb 17 (Reuters) - Standard Chartered has raised its core profitability goals and promised shareholders extra payouts, despite full year profit undershooting expectations, as it banks on inflation-battling rate hikes worldwide to boost lending.
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