3 d. ago Stock markets rise after US and China agree framework deal to restore trade war truce – business live

Rolling coverage of the latest economic and financial newsUS-China trade talks: ‘framework’ deal amid dispute over rare earthsRichard Hunter, head of markets at interactive investor, says this week’s talks in London between the US and China “represent progress”, despite the lack of detail about what was agreed:“Apparently constructive talks between the US and China have put markets on a firmer footing, as investors hope that the worst of the tariff turbulence may have passed.Details of the framework which has been agreed in principle were patchy and in any event yet to be signed off by both Presidents. Chinese exports of rare earth minerals are likely to have been high on the agenda, although at this stage it has not become apparent what China may have negotiated in return.“Markets will likely welcome the shift in tone from confrontation to coordination. But with no further meetings scheduled, we’re not out of the woods yet. The next step depends on Trump and Xi endorsing and enforc...

Economics

7 d. ago Zara McDermott's huge weekly sum from TV career revealed amid Louis Tomlinson romance

Zara McDermott's earnings have been revealed as the former reality TV star turned presenter's stock continues to rise at the same time she's enjoying a new relationship with Louis Tomlinson

Politics

2 w. ago UK stock markets rise with trading steady while US tariffs ‘in limbo’

London’s FTSE 100 rose 55.93 points, or 0.64%, to close at 8,772.38.

Economics

2 w. ago Chelsea: £16m signing to finally make debut at Club World Cup as Enzo Maresca conversation is revealed

Blues youngster’s stock has risen after a successful loan spell in France with Strasbourg

Economics

2 w. ago CEO pay rises again in the US as stocks and corporate profits soar

The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 10% in 2024 as the stock market enjoyed another banner year and corporate profits rose sharply

Economics

2 w. ago Investor confidence in the UK soars on impressive rebound from 'awful April'

London stock market and pound rise after economy performed better than expected

Economics

3 w. ago London stocks rise, led by mining shares; strong economic data aids sentiment

London stocks rise, led by mining shares; strong economic data aids sentiment  Reuters

Economics

3 w. ago Channel 4 bosses see pay packets soar despite hundreds of job cuts

Channel 4 bosses earnings soared by nearly a third last year, despite the public service broadcaster slashing content spend and hundreds of jobs.

Economics

3 w. ago Stock markets drop and bond yields rise after US credit rating downgrade; EC cuts eurozone growth forecast – business live

Rolling coverage of the latest economic and financial newsUS credit rating downgrade could add to pressure on government debtEconomic risks are weighing on the US dollar today, reports Susannah Streeter, head of money and markets at Hargreaves Lansdown:‘’Like a long weekend hangover, a headache of worry is seeping into sentiment today. The FTSE 100 has opened lower, as investors mull over the downgrading of the US sovereign credit rating on Friday.Moody’s stripped the US of its triple-A rating, citing the growing US fiscal deficit, and the higher borrowing costs the administration will be forced to pay. Given the pledge by Trump to cut taxes, it’s feared the situation could deteriorate further. More of a sombre mood is expected on Wall Street when trading opens later, with futures indicating falls of around 1% for the S&P 500 and 1.3% for the Nasdaq. Continue reading...

Economics

3 w. ago Stock markets drop and bond yields rise after US credit rating downgraded by Moody’s – business live

Rolling coverage of the latest economic and financial newsUS credit rating downgrade could add to pressure on government debtEconomic risks are weighing on the US dollar today, reports Susannah Streeter, head of money and markets at Hargreaves Lansdown:‘’Like a long weekend hangover, a headache of worry is seeping into sentiment today. The FTSE 100 has opened lower, as investors mull over the downgrading of the US sovereign credit rating on Friday.Moody’s stripped the US of its triple-A rating, citing the growing US fiscal deficit, and the higher borrowing costs the administration will be forced to pay. Given the pledge by Trump to cut taxes, it’s feared the situation could deteriorate further. More of a sombre mood is expected on Wall Street when trading opens later, with futures indicating falls of around 1% for the S&P 500 and 1.3% for the Nasdaq. Continue reading...

Economics