Feb 10 2025 @ 06:05
There are many ways to invest in the gold market, such as buying gold ETFs, stocks in gold mining stocks, or gold futures. However, one of the most attractive ways is to buy some of the precious metal, in the form of coins or bars. There are a number of benefits to buying physical gold: […]
Feb 10 2025 @ 04:18
Shares have Filtronic plc (
LSE:FTC) have taken off after the announcement of a significant contract with SpaceX, valued at $20.9 million. The deal will be fulfilled over the next two years and has led the company’s projected revenues and profits to surpass current market expectations. Shares in the company surged 13.21% on the news, reaching […]
Feb 10 2025 @ 03:59
Shares in oil giant BP (
LSE:BP.) have soared after a report from Bloomberg says that activist investor Elliott Investment Management had acquired a stake in the company. The company’s shares surged over 7% in Monday morning trading on the London Stock Exchange, pushing them to their highest since August. Bloomberg said that Elliott is pushing […]
Feb 07 2025 @ 03:55
Shares in Legal & General (
LSE:LGEN) soared on Friday after the FTSE 100 company announced the sale of its US insurance business to Japanese firm Meiji Yasuda for £1.8 billion. The terms of the deal mean that Meiji Yasuda will own L&G’s US protection business and have a 20% economic interest in its pension risk […]
Feb 07 2025 @ 03:25
UK retail stores saw a substantial increase in the number of visits during January, industry data showed, as shoppers braved unfavourable weather to take advantage of the January sales. This followed disappointing performance during the Christmas period. In a report compiled by British Retail Consortium and Sensormatic Solutions IQ, stores saw a 6.6% increase in […]
Feb 06 2025 @ 03:40
Mining giant Anglo American (
LSE:AAL) reported a decline in fourth-quarter production of copper and diamonds. However, the numbers still exceeded expectations, resulting in a rise in the company’s share price of over 3%. The company produced 198,000 tons of copper in the quarter, a 14% drop from the same period last year. This is higher […]
Feb 06 2025 @ 03:39
Drug company AstraZenica (
LSE:AZN) has reported strong results for the fourth quarter. The company’s revenue rose by 21% to $54.1 billion (£43bn) in 2024. Pre-tax profit jumped by 38% to $8.7 billion last year on a constant currency basis. The results come after AstraZeneca decided not to go ahead with a planned £450 million investment […]
Feb 05 2025 @ 04:03
Gold prices hit a record high in Asian trade on Wednesday as demand for the precious metal as a safe haven was boosted by geopolitical uncertainty. With concerns over a brewing trade war between the U.S. and China, and President Trump’s comments about Gaza, demand for gold was high and the spot price jumped 0.6% […]
Feb 05 2025 @ 03:50
Investors in the UK pulled a net £640 million from equity funds in January, in the sixth-largest monthly net withdrawals on record, ending a long run on inflows. Funds network Capstone reported that UK investors started the year “in a more pessimistic mood” after late 2024 saw bullish sentiment with money going into equity, bond […]
Feb 04 2025 @ 05:22
Drinks giant Diageo (
LSE:DGE), producer of alcohol brands such as Johnnie Walker whiskey and Smirnoff vodka, has said that if U.S. tariffs go ahead it could damage any recovery to its sales and results in a $200m hit to its profits. Its tequila and Canadian whiskey brands would be most affected. The company’s shares fell […]