The FTSE 100 index rose by 34 points to 10,373, driven mainly by gains in mining stocks like Antofagasta, Glencore, and Anglo American, supported by rising copper prices and steady gold. However, British American Tobacco (BAT) and Chemring shares fell following disappointing updates, with BAT guiding to the lower end of its profit outlook and Chemring reporting a dip in first-half profits despite a strong order book. The market also reacted to geopolitical tensions in the Middle East affecting energy prices and inflation concerns in the Eurozone, which saw inflation rise to its highest since September 2023. Investors are watching central bank policies closely, with the Bank of England emphasizing its commitment to returning inflation to target without rushing rate hikes. Overall, the FTSE 100 showed resilience after three losing sessions, while US stocks remained near record highs amid mixed global economic signals.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
Crypto investigator ZachXBT criticized all current hardware wallets as insecure and unreliable for signing transactions or storing significant funds. He highlighted Ledger as particularly problematic due to frequent updates that disrupt basic functio...
