British Land shrugs off profit fall
British Land, one of the biggest real-estate operators in the UK, saw its shares rise today despite a modest decline in underlying profit. Dividends were increased by three per cent and borrowings were reduced.
All eyes on America’s inflation figures
US inflation data for April will attract intense scrutiny in the market later today. Continuation of the rising trend seen so far this year could prompt more aggressive interest-rate rises.
Craft week turns spotlight on artisan sector
London Craft Week showcases one of Britain’s fastest-growing economic sectors. We look at the size, the importance and the prospects for the UK’s “craft economy”.
Federal Reserve rate-setting meeting attracts scrutiny
The Federal Reserve committee that sets interest rates concludes a two-day meeting today. Remarks afterwards will be studied for clues about the timing of the next rate rise.
Euro-area interest rates edge closer to a rise
The European Central Bank meets tomorrow to set interest rates. Strong growth and rising inflation suggest ultra-loose policy will end sooner rather than later.
IMF delegates descend on Washington as clouds gather over the global economy
Countries must resist urge to put up trade barriers, says IMF head Christine Lagarde ahead of next week’s Spring meeting. She also sounds the alarm over mounting levels of public debt across the world.
Oil prices weaker ahead of key OPEC meeting
A 24-nation deal to curb crude production has supported the oil price. Now the question is whether this arrangement can last.
Stock markets battered by pent-up post-Easter selling pressure
Shares were down across the board today, depressed by trade-war fears and second thoughts on technology stocks. Falls on Wall Street yesterday and Tokyo overnight were mirrored this morning in London.
Trump levies tariffs on China and US markets sink
US equities gave a tumultuous response to President Donald Trump’s newly imposed tariffs on $60bn in Chinese imports to the US as the Dow closed down more than 700 points on Thursday.
Reading the inflation gauge
US consumer prices rose 0.2% on Tuesday in line with estimates and are bound to soothe rattled equities markets.
Economic preview: German coalition vote begins
Outside of the usual key economic risk events, Tuesday sees a major political risk event unfold as Germany's Social Democrats (SPD) vote on whether to align themselves in a "grand coalition" with Angela Merkel's ruling Christian Democratic Union (CDU)
Dalio forecasts recession as US economy heads for boom and bust
Hedge fund billionaire Ray Dalio has forecast the US economy to likely fall into recession prior to the next US presidential election in 2020.
Eurozone inflation remains subdued at 1.3%
Inflation pressures in the eurozone remained subdued in January as consumer prices (CPI) eased in line with expectations, official data confirmed on Friday
German exports drive growth in fourth quarter
Germany's fourth-quarter gross domestic product growth was boosted by net exports, with "mixed signals" from domestic demand, the country's official statistics office said on Friday
Corporate Europe turns a corner with latest results
European corporate earnings have turned a corner halfway through quarterly results season, accelerating quicker than the US, in a surprising development that could signal how consensus forecasts are underrating growth potential.