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Stock Markets News Page 2

Apple Pay

Apple doubles Apple Pay users – and faces huge EU fine

The number of iPhone owners using Apple Pay has doubled over the past 12 months, according to new estimates.

Richard Reed
Pair of feet standing on a tarmac road with arrows pointing in different directions

Stocks and dollar struggle for direction, says Centtrip analyst

After a tumultuous week, the stock market, Miles Eakers, chief market analyst at Centtrip says is struggling for direction.

Claire Hunte
pearson

Pearson returns to profit in 2017

Pearson, the FTSE 100-listed publishing group, reported full-year profits in line with the top end of its own forecasts on Friday, delivering also an upbeat assessment of its prospects in 2018

Neil Dennis
Snap sign on the New York Stock Exchange

Snapchat hit by reality star influence and unpopular redesign

Snapchat has had a long week. Its redesign has been unpopular as 1.2 million users vote for a rollback and on Thursday the company had $1.7bn of share value wiped off after reality star, Kylie Jenner of Kardashian fame and uber Snapchat user, tweeted unfavourable views.

Claire Hunte
iag

British Airways operator reports full-year profit growth

International Consolidated Airlines reported a near 19% rise in full-year operating profit on Friday, thanks to lower non-fuel costs, and increased capacity, while its strong cash position prompted the announcement of a share buyback

Neil Dennis
rbs

RBS reports first profit in a decade

Royal Bank of Scotland reported on Friday its first full-year bottom-line profit since it was bailed out and taken under the ownership of the British taxpayer

Neil Dennis
Photo of RBS logo

AM update: RBS reveals surprise £752m profit, IAG profits up, celeb tweet shock hits Snap

This morning a £752m profit for RBS.

Adrian Holliday
Landmark Waldorf Astoria Hotel, Park Avenue New York City

Chinese government seizes control of Anbang Insurance

Anbang Insurance, owners of Waldorf Astoria Hotel in New York City and other high-profile real estate properties around the world was taken over by the Chinese government and its former chairman Wu Xiaohui has been charged with economic crimes

Claire Hunte
New York Stock Exchange

US update: Dow and S&P rise, energy gains as oil resurges, dollar retreats

Stock prices finished higher on Thursday after swinging between highs and lows in late-afternoon trading demonstrating what a volatile bull market looks like.

Claire Hunte

PM update: Flybe shares take off, Ford appoints new boss, UK GDP revised down

The Dow hadn’t managed to re-cross the 25,000 line mid-afternoon

Adrian Holliday

Snap CEO Spiegel receives $638m in compensation for IPO year

Snap Inc Chief Executive Officer Evan Spiegel received $637.8m (£457.53m) as total compensation during 2017, the year the company went public, according to a security filing on Thursday.

Alison Bloomer

Flybe shares take wing as Stobart Group eyes takeover bid

Shares in Flybe have soared by more than a fifth after the owner of London Southend Airport said it was weighing a potential swoop for the regional airline.

Alison Bloomer

Amazon will not "take over everything" says economist as its shares near $1,500

Retailers do not need to fear Amazon taking “over everything” as there are limits, according to a leading economist

Alison Bloomer

Go-Ahead shares enjoy double-digit surge on rail outlook boost

Shares in Go-Ahead have gathered steam after the group pencilled in a rosier outlook for the rail business following a “one-off” boost linked to the London Midland franchise.

Alison Bloomer
oil

Chesapeake Energy shares jump on results beat

Shares in Chesapeake Energy were up 5% on Thursday in pre-market trading after the US-based oil & gas producer swung into profit.

James Hester