21 h. ago FTSE 100 Live 11 December: Index firm despite tech jitters, Drax plans data centre

Tech stocks and Bitcoin were under pressure today after Oracle Corp results soured the mood in the wake of last night’s US interest rate cut.

Politics

21 h. ago Google DeepMind to build its first robotic science laboratory in the UK – business live

Rolling coverage of the latest economic and financial newsIn the energy sector, Russia’s revenues from exports of crude oil and refined products has fallen to its lowest level since the invasion of Ukraine in 2022.The International Energy Agency has reported this morning that Moscow’s sales of fossil fuels fell again in November due to lower export volumes and weaker prices.These brighter prospects extend to our 2026 forecast, which we have upgraded by 90 kb/d, to 860 kb/d y-o-y.“We need to ask who is setting the agenda for the UK’s future with AI.”“In the absence of independent regulation or scrutiny, we’re at the mercy of technology companies’ commercial interests aligning with what the public want.” Continue reading...

Technology

22 h. ago FTSE 100 Live 11 December: Oracle results dampen US rate cut rally, Bitcoin drops

Tech stocks and Bitcoin were under pressure today after Oracle Corp results soured the mood in the wake of last night’s US interest rate cut.

Politics

22 h. ago Disappointing Oracle results knock $70bn off value amid AI bubble fears

Weaker-than-forecast quarterly data for Larry Ellison’s tech company shows slowdown in revenue growth but big rise in spending Business live – latest updatesOracle’s disappointing results have knocked more than $70bn off the value of software and data company co-founded by Trump ally Larry Ellison, adding to fears of a bubble in AI-related stocks.Shares in the company fell by 11.5% overnight after it reported a lower-than-expected 14% rise in revenues to $16bn (£12bn) in the latest quarter while revealing it was boosting its AI spending by about $15bn. Continue reading...

Politics

23 h. ago FTSE 100 Live 11 December: Oracle results stall US rate cut rally, Bitcoin drops

Tech stocks and Bitcoin were under pressure today after Oracle Corp results soured the mood in the wake of last night’s US interest rate cut.

Politics

45 h. ago FTSE 100 Live 10 December: Berkeley boss urges faster rate cuts, FirstGroup lands rail contract

Interest rate cut speculation in the US is set to keep FTSE 100 traders on edge today.

Politics

46 h. ago FTSE 100 Live 10 December: Berkeley boss urges rate cuts, FirstGroup lands rail contract

Interest rate cut speculation in the US is set to keep FTSE 100 traders on edge today.

Politics

47 h. ago FTSE 100 Live 10 December: Berkeley profit falls, US interest rate cut expected

Interest rate cut speculation in the US is set to keep FTSE 100 traders on edge today.

Politics

69 h. ago FTSE 100 Live 09 December: Tobacco giant disappoints, Tesco shares under pressure

British American Tobacco today shares fell back after the Lucky Strike and Dunhill owner disappointed investors with its guidance for next year.

Events

2 d. ago FTSE 100 Live 09 December: BAT drops on update, Frasers strikes shopping centre deal

British American Tobacco today shares fell back after the Lucky Strike and Dunhill owner disappointed investors with its guidance for next year.

Economics

3 d. ago How much are Luke Combs tickets? We've found all of the cheapest seats to see the singer live

How much are Luke Combs tickets? We've found all of the cheapest seats to see the singer live  Business Insider

Politics

3 d. ago UK mortgage rates fall to lowest since September 2022; China’s trade surplus hits $1tn – business live

Trade data shows China’s exports topped forecasts in November, driven by a surge in shipments to non-US marketsBack in China, car sales have fallen for the second month running.Retail vehicle sales fell about 8% to 2.1 million units in November, according to data published by the China Passenger Car Association today. This shows a 22% slump in sales of gasoline cars, with new-energy vehicle sales rising 4.2% for the month.“Usually the trend at the end of the year is that the car market should get stronger and stronger from October. But the retail sales in November compared to previous years is unusual.”“Mortgage rates continue on the downward trend and November was particularly fruitful for fixed rate cuts.The re-pricing by lenders led to the average five-year fixed rate dropping below 5% for the first time in over two years and sits at its lowest point since before the ‘mini-Budget’ in September 2022, alongside its two-year counterpart. Continue reading...

Economics

3 d. ago FTSE 100 Live 08 December: Magnum ice cream shares make debut, index steady

Shares in The Magnum Ice Cream Company today began trading after the Wall’s and Cornetto owner completed its split from Unilever.

Politics

3 d. ago FTSE 100 Live 08 December: Index steady start, Unilever completes ice cream demerger

Shares in The Magnum Ice Cream Company today began trading after the Wall’s and Cornetto owner completed its split from Unilever.

Politics

6 d. ago Netflix agrees to buy Warner Bros Discovery studio and streaming business in $83bn deal

Streaming service to gain control of studio behind Harry Potter and Batman, as well as HBO, home to The White Lotus and Game of Thrones Business live – latest updatesNetflix has agreed to buy Warner Bros Discovery in an $82.7bn (£62bn) deal that will dramatically reshape the established Hollywood film and TV industry.The streaming company will take control of prize assets including Warner Bros, the studio behind franchises including Harry Potter, Superman and Batman, as well as HBO, home to shows including Game of Thrones, The White Lotus and Succession. Continue reading...

Economics

6 d. ago Cloudflare outage hits major web services including X, LinkedIn and Zoom – business live

Cloudflare reports it is investigating issues with Cloudflare Dashboard and related APIsTechnical problems at internet infrastructure provider Cloudflare today have taken a host of websites offline this morning.Cloudflare said shortly after 9am UK time that it is “is investigating issues with Cloudflare Dashboard and related APIs [application programming interfaces – used when apps exchange data with each other]. Continue reading...

Society

6 d. ago FTSE 100 Live 05 December: House price growth weakens, Ocado payout lifts shares

Annual house price growth has slowed to its weakest level since March 2024.

Society

6 d. ago FTSE 100 Live 05 December: House price growth weakest since March 2024, index holds firm

Annual house price growth has slowed to its weakest level since March 2024.

Society

7 d. ago Skipton in Yorkshire named happiest place to live in Great Britain

Access to nature and essential services and friendliness of the people led ‘gateway to the Dales’ to top Rightmove indexIt is nicknamed “the gateway to the Dales”, is home to one of England’s best-preserved medieval castles and, for trivia fans, was the birthplace of half of Marks & Spencer. Now, the Yorkshire market town of Skipton has been named “the happiest place to live” in Great Britain.It received the accolade from the property website Rightmove, which runs a “happy at home” index that is now in its 14th year. The survey asks residents how they feel about their area based on a range of factors. Continue reading...

Politics

7 d. ago FTSE 100 Live 04 December: SSP and Future shares surge, £28bn energy plan to lift bills

Consumers are facing higher gas and electricity bills after Ofgem today approved £28 billion investment in Britain’s energy network.

Economics