IEA lowers global oil supply forecasts for next two years

The International Energy Agency has trimmed its global oil supply growth forecasts for 2025 and 2026 due to an expected pickup in demand and lower exports from sanctions-hit Russia and Venezuela.

Thyssenkrupp to shut electrical steel plants in Germany, France

German steel giant Thyssenkrupp has announced plans to close certain plants across Germany and France as cheap imports flood the European market, would could results in up to 1,200 job losses.

US pre-open: Futures head south after Wednesday's rate cut-fuelled rally

Wall Street futures were in the red ahead of the bell on Thursday after major indices chalked up solid gains in the previous session on the back of the Federal Reserve's move to cut interest rates by ...

Europe midday: Shares rally after Fed cut; Oracle, politics in focus

European shares rallied from morning lows on Thursday after the US Federal Reserve cut interest rates and pencilled in only ...

Heathrow names former BT boss Philip Jansen chair

Heathrow Airport has named corporate veteran Philip Jansen as its new chair, the west London transport hub confirmed on ...

London close: FTSE nudges up ahead of Fed; Scottish Mortgage jumps

London stocks eked out a small gain on Wednesday, with investors erring on the side of caution ahead of the latest policy announcement from the US Federal Reserve, which is widely expected to cut ...

Asia report: Most markets slide after Fed rate cut

Asia-Pacific equities gave up early gains and traded mostly lower on Thursday after the US Federal Reserve delivered its ...

London midday: FTSE turns up as investors digest Fed decision, Oracle numbers

London stocks had popped higher by midday on Thursday as investors mulled disappointing earnings from US software giant Oracle and the latest policy announcement from the Federal Reserve, which cut ...

Berenberg trims RWS target price on weaker FY results, eyes AI-led turnaround

Berenberg lowered its target price on RWS Holdings from 210p to 170p on Thursday following the content solutions firm's full-year results.

PE firm Bridgepoint injects millions into Burger King UK - report

Bridgepoint - the private equity backer of Burger King UK - has reportedly injected millions of pounds of new funding as part of a deal which paves the way for their partnership to be extended into ...

Profits tumble as RWS refocuses on AI

RWS Holdings posted a slump in profits on Thursday, weighed down by weaker margins and foreign exchange headwinds, as it ...

UK government inks wide-ranging AI deal with Google DeepMind

The UK government has announced a wide-ranging partnership with Alphabet subsidiary Google DeepMind aimed at accelerating scientific discovery, modernising public services and supporting the country’s ...