News

London pre-open: FTSE 100 futures pointing higher on US-China trade optimism
As of 0637 GMT, futures tracking the FTSE 100 were adding 43.50 points to 8,542.0, alongside a 26.25 point advance in the S&P mini futures contract to 5,649.50. Overnight, China's Commerce Ministry ...
Standard Chartered sees rise in first-quarter earnings
Standard Chartered's CET1 ratio was 13.8% at the end of March, down from 14.2% at year-end, mainly due to the USD1.5 billion share buyback announced in February. The bank said it remains ...
AIB reports "strong performance" despite lower interest income
AIB Group PLC on Thursday forecast a return on tangible equity surpassing its medium-term target, following the first quarter's "strong financial performance". "I am pleased to announce the group had ...
PRESS: Shein explores moving production for US market outside of China
(Alliance News) - Shein is considering shifting its production of clothes sold in the US to factories outside of China, as President Donald Trump's trade tariffs threaten the fast-fashion retailer's ...
Lancashire first-quarter premiums up; maintains wildfire loss estimate
(Alliance News) - Lancashire Holdings Ltd on Thursday reported a double-digit rise in gross premiums written in the first quarter of 2025, as the insurer reaffirmed its full-year return on equity ...
Drax shares up as expects adjusted earnings at top end of consensus
Drax Group PLC on Thursday said its performance in the first quarter of the year was "strong," as it is working to align itself to the UK's energy needs. The Selby, England-based electricity generator ...
Endeavour Mining swings to first-quarter profit on strong gold output
Endeavour Mining PLC on Thursday reported a "strong" operational and financial performance for the first quarter of 2025, as higher gold production and prices helped lift earnings and free cash flow, ...
Hiscox keeps USD170 million wildfire reserve; quarterly premiums up
(Alliance News) - Hiscox Ltd on Thursday said it has maintained a USD170 million net loss reserve for claims related to the recent California wildfires, with no changes made to previous estimates, ...
Rolls-Royce on track in 2025 as seeks to mitigate impact of tariffs
(Alliance News) - Rolls-Royce Holdings PLC on Thursday backed its full-year outlook as it reported a good start to 2025 despite the uncertainties associated with US trade tariffs.
LONDON BROKER RATINGS: Deutsche Bank, Deutsche Numis raise GlobalData
While London South East do their best to maintain the high quality of the information displayed on this site, we cannot ...
Lloyds Banking keeps guidance but costs hold back first quarter profit
(Alliance News) - Lloyds Banking Group PLC on Thursday said profit fell in the first quarter, as higher costs and impairments offset an increase in income. In response, shares in Lloyds Banking Group ...
LONDON MARKET OPEN: Stocks rising ahead of UK PMI data
The London-based software provider declared an increased final dividend of 0.70 pence, with pretax profit for 2024 rising to GBP4.3 million and revenue rising to GBP32.4 million. It also said it is ...