UK's FTSE 100 slips after dour earnings; BoE hikes rate as expected
BoE hikes by an expected 25-bps
*Read moreSun, 26th Jul 2020 14:16
BoE hikes by an expected 25-bps
*Read more(Alliance News) - Equities in Europe closed lower on Thursday, with markets still unsteady after a US credit rating cut on Wednesday, though London-listed property firms got a slight boost, on the view that the end of the Bank of England's hiking cycle is in sight.
Read more(Alliance News) - European equities went into Thursday afternoon on the back foot, extending losses suffered on Wednesday following a US credit rating cut from Fitch, while the pound struggled to make headway after the Bank of England raised rates by 25 basis points, as expected.
Read moreH1 operating profit rises to better-than-expected 673 mln stg
*Read more(Alliance News) - Rolls-Royce Holdings PLC on Thursday said it would raise its annual guidance after it posted higher interim revenue and said it swung to a profit.
Read more(Alliance News) - Stocks in London are called to open lower on Thursday, ahead of a busy day on the economic calendar, with a key interest rate decision from the Bank of England.
Read more(Sharecast News) - Rolls Royce was firing on all cylinders during the front half of 2023.
Read more(Sharecast News) - Investors' focus on Thursday would be on the Bank of England.
Read moreRolls-Royce Holdings PLC - London-based jet engine and power plant manufacturer - Appoints Paulo Cesar de Souza e Silva as a non-executive director from September 1. Cesar de Souza e Silva was president and chief executive of Sao Jose dos Campos, Brazil-based jets manufacturer Embraer. Embraer is the world's third largest jets manufacturer.
Read more(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Tuesday and not separately reported by Alliance News:
Read more(Sharecast News) - Rolls Royce's boss kept all of the shares that vested in lieu of a percentage of his base salary.
Read moreJuly 31 (Reuters) - A handful of technology firms and last year’s laggards have so far driven the heady rise in U.S. and global stock markets this year, but bumper earnings surprises could now lift more sectors and stocks and broaden the rally, analysts say.
Read moreJuly 31 (Reuters) - Britain's Senior forecast a strong second half of the year on Monday, after adjusted profits for the first six months doubled, propelled by easing supply chain issues in its aircraft parts business and strong demand in the auto and power unit.
Read moreMILAN, July 31 (Reuters) - European travel stocks stumbled into some profit-taking as earnings season kicked off and extreme weather hit in July, but many investors are betting relatively attractive valuations and solid demand will keep supporting the sector.
Read more(Sharecast News) - Millions of British families are are having to borrow to pay their basic bills and expenses marking a dangerous new phase of the cost of living crisis. And with interest rates set to be hiked again over the coming week, some are warning of a "debt timebomb" among less well off households. Rising rates are in many cases also cutting of access to borrowing. Reports also suggested that struggling single parents were being targeted through social media ads with inappropriate debt repayment schemes. - Guardian
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