FTSE 100 recoils despite political uncertainty and economic worries

UK Market News:,The UK stock market rebounded on Wednesday, with the blue-chip FTSE 100 index gaining over 1.5% to recover from its worst session in three weeks despite political uncertainty in the country and economic worries. Sterling slumped near two-y...

Five major challenges new UK Chancellor Nadhim Zahawi faces

Highlights:,Nadhim Zahawi has been appointed as the new Chancellor of the Exchequer after Rishi Sunak stepped down.,Amid the cost-of-living crisis, Zahawi faces a myriad of challenges.,In a major blow to Prime Minister Boris Johnson, Chancellor of the Exc...

Why is Basic Attention Token (BAT) turning heads today?

• The multi blockchain-powered Basic Attention Token (BAT) crypto is primarily aimed at creating a platform for unbiased digital advertising for creators and consumers.

CNA, SSE, YU.: Gas stocks to consider amid fears of shortage

Highlights:,Norweigan gas producer Equinor has announced that three sites in the country would halt production due to strikes by workers.,If the situation escalates, the gas supply to the UK from Norway may be shut off this weekend.,Gas prices in the UK h...

UKW, GRP, TRIG: Stocks to watch amid ongoing race to build windfarms

Floating offshore windfarms may potentially be built off the Cornwall and Pembrokeshire coasts over the coming years.

AML, SED, TIFS: Stocks to eye as auto industry sees dip in car sales

The UK car industry witnessed its worst June for new car sales since 1996, with registrations of new cars dropping by around 24% as compared with June 2021.

How is Reabold (LON:RBD) poised post a series of acquisitions and divestment deals?

Highlights,Reabold acquires direct and indirect interests in E&P projects around the globe.,The Company acquired majority shares in US-based Daybreak Oil and Gas Inc through the Equity Exchange Agreement.,RBD increased its stake to 100% in Corallian’s ass...

Reabold's West Newton well positioned to contribute towards UK's energy security

Highlights,Reabold’s West Newton Project is one of the major onshore hydrocarbon discoveries since 1973.,RBD recently shared its updated Conceptual Development Plan for the West Newton Project.,Reabold expects the West Newton project to start production a...

Reabold (LON:RBD) lays out West Newton conceptual development plan

Highlights,West Newton asset is potentially the largest hydrocarbon discovery in the UK’s onshore since 1973.,West Newton is estimated to hold a recoverable hydrocarbon resource of 35 Mboe.,Reabold holds a 59.5% interest in Rathlin Energy, operator of the...


FXPO, IPO, RSE: Value stocks that you may consider in July

Highlights,Value stocks refers to shares of a company that are trading at a price lower than their intrinsic value making them attractive investment for investors looking for long-term benefits.,Value stocks are considered riskier than growth stocks becau...

IAG, EZJ, WIZZ: Airline stocks in focus amid flight cancellations

Highlights:,Airlines will now be able to cancel flights without incurring penalties.,Travellers are likely to face more chaos at the airports following the announcement.,Amid the cancellations of hundreds of flights to and from the UK every day, traveller...


Why graphite is crucial to global green transition

Highlights Natural graphite is found in two commercial varieties –crystalline (flaky) graphite and amorphous graphite. The incorporation of low-carbon emission technologies would require the extraction of large quantities of minerals. Th...

Can Saudi Arabia combat global oil crisis?

Highlights Saudi Arabia plans to increase its global oil supply following sanctions of the US and its western allies on the Russian oil supply. The production is planned to increase in September could upsurge in July and August to meet the glob...

Commodity wrap-up: Gold shines on economic growth worries

Highlights Prices of both crude oil benchmarks have remained nearly stable in the last week. Gold logged substantial weekly gains of 1.22% on inflationary bets and economic growth worries. Prices of copper, aluminium, and iron ore have tumbled...


PAF, CMCL, EDV: Gold stocks to watch as UK sanctions Russian gold exports

Highlights,New exports of Russian gold will be banned by the UK, US, Japan and Canada to pressurize Russian President Vladimir Putin and hit Russia’s ability to fund the war in Ukraine.,Ban on gold imports by UK will come into force in coming weeks with l...

AEXG, SGZ, GDP: Gold stocks investors may put their lens on

With the strengthening of the US dollar, the price of gold went down on Wednesday (1 June), nearly hitting its two-week low.  In general, gold has an inverse relationship with the US dollar. On Wednesday, the US Treasury yields, and US dollar ...

CMCL, PAF, EDV: Are these gold stocks good bets amid recession fears?

Highlights As per a Reuters report released today, the prices of gold have increased by over 1%, motivated by a pullback in the dollar. As inflation levels have been hitting the roof and the UK economy is showing signs of a slowdown, analysts s...


FTSE 100 slides as BoE warns of UK’s deteriorating economic outlook

UK Market:,The UK stock market was trading in the red on Tuesday, with the blue-chip FTSE100 index losing over 2%. Amid recessionary fears, the Bank of England (BoE) has warned in its most recent Financial Stability Report that the economic outlook for th...

FTSE100 moves to green as oil prices strengthen

UK Market,: The UK stock market stood in green on Monday, with the blue-chip FTSE 100 gaining over 1% during the day. The index was boosted by oil stocks, with energy giants like Harbour Energy, BP, and Shell rallying. Fuel prices have continued to touch ...

FTSE 100 shrinks as global markets post unwelcome stats

UK Market:,The UK stock markets continued to decline on Friday, with the blue-chip FTSE 100 slipping 0.3% by noon. The fall was led by mining stocks as precious metal prices lost ground following cautious Asian trading. The index saw its worst monthly per...


AZN, GSK, HIK: Pharma stocks to consider amid fears of poliovirus spread

Highlights:,Several closely-related poliovirus samples were found in the North and East London sewage.,The detection indicates there's been some spread in the regions, according to the UK Health and Security Agency.,Fears have gripped the UK after samples...

GSK's spin-off Haleon to be listed on LSE: Should you hold stock?

Pharma giant GSK plc (LON: GSK), which was previously known as GlaxoSmithKline plc, had in February announced that it would demerge its consumer healthcare business into a separate arm called Haleon. The new company is expected to be listed on the ...

AstraZeneca vs GlaxoSmithKline: Pharma stocks to keep an eye on

Leading British pharmaceutical company GlaxoSmithKline plc (LON: GSK) has been in the limelight lately after securing triumph for its drug with US regulator Food and Drug Administration (FDA) in relation to the treatment of anaemia in patients suff...


Has COVID-19 pandemic proven more hostile to developing economies?

Highlights  Unlike advanced economies, developing countries would not be able to achieve pre-pandemic economic levels by 2023. As per the WHO, 85% of people in Africa have not received a single COVID-19 vaccine dose, while 36 countries hav...

How to improve your work from home set up for the third year of the pandemic?

When the coronavirus pandemic hit, several researchers had predicted that this virus is going to stay with us for a couple of years at least. However, the general public was optimistic and with the efficient rollout of vaccines, everybody thought t...

What does UK government’s study reveal about Omicron?

A highly mutated and the most transmissible variant of coronavirus, Omicron is rapidly becoming the dominant global strain of COVID-19 virus. The first case of Omicron was detected in South Africa and cases have taken off rapidly from there onwards...