Thursday, 22 October 2026
- FIVE AT FIVE: Tech rout wipes 2% off the Nasdaq, LSEG jumps on its Octus deal and Inchcape loses 9%
That's your five for Thursday.
- Jackdaw approval signals new era for UK oil and gas development
The UK government's decision to approve the Jackdaw gas field has opened the door for a wave of new domestic energy developments, with analysts at Shore…
- FTSE 100 LIVE: London firmly in the red as miners lead the losers' board Update
The FTSE 100 fell 80 points on Thursday morning as a renewed sell-off in French government bonds and sliding metals prices dragged on London's blue-chip index.
- Inchcape shares fall 9% as Australia weakness forces margin cut
Inchcape, the global automotive distribution group, fell 9% to 631p after a sharp deterioration in its Australian business forced the company to cut its…
- LSEG shares jump 4% as Octus deal and raised guidance impress City
London Stock Exchange Group shares rose 4% to 9,114p after the financial markets infrastructure company raised its full-year guidance and announced the $3.5…
- Gold miners brace for mixed third-quarter results as falling prices squeeze margins
Gold producers are heading into third-quarter reporting season facing a second consecutive quarter of margin compression, as lower realised prices and stubborn…
- UBS flags FICC miss as Barclays shares hold steady despite profit beat
Barclays shares were flat after third-quarter results that beat on profit before tax but missed on income, with weakness in the investment bank's fixed income…
- European airlines stay consensus short, but EU consolidation theme draws investor interest
European airline stocks remain broadly out of favour with investors, but positioning has improved slightly week-on-week and consolidation across the sector is…
- Sainsbury's shares fall 4% as softer second-quarter grocery growth clouds half-year beat
Sainsbury's shares fell 4% to 345p after the supermarket's half-year results revealed a slowdown in grocery sales growth in the second quarter that…
- Deutsche Bank upgrades XP Power to buy as semiconductor orders surge
Deutsche Bank has upgraded XP Power, the power conversion equipment maker, to 'buy' from 'hold' and raised its target price from 1400p to 2285p, implying 30%…
- Brokers back Rentokil as shares jump 9% on buyback and reassuring trading update
Rentokil Initial shares surged 9% after the pest control and hygiene group announced a $200 million share buyback and said it expected full-year profit in line…
- FTSE 100 LIVE: London 69 points in the hole as miners lead the losers' board Update
The FTSE 100 opened almost 70 points in the red, led lower by the mining sector.
- AstraZeneca wins US approval for Ultomiris in rare kidney disease
AstraZeneca's rare disease unit Alexion has secured accelerated US approval for Ultomiris in immunoglobulin A nephropathy (IgAN), a rare inflammatory kidney…
- Rathbones posts net inflows in wealth management for second straight quarter
Rathbones Group, the FTSE 250 wealth manager, attracted net inflows into its wealth management business for a second consecutive quarter, as funds under…
- IHG accelerates RevPAR growth to 5.3% in third quarter and backs full-year consensus
InterContinental Hotels Group (IHG) reported an acceleration in revenue per available room to 5.3% in the third quarter, up from 4.6% year-to-date, and said it…
- Sainsbury's raises profit guidance as grocery growth offsets Argos drag
J Sainsbury has raised the lower end of its full-year profit guidance after delivering underlying operating profit growth of 3.6% in the first half.
- Barclays announces £500m buyback as third-quarter profits rise 12%
Barclays, the FTSE 100 bank, delivered a return on tangible equity (RoTE) of 11.7% in the third quarter and announced a fresh £500 million share buyback…
- AJ Bell hits record £126 billion in assets as customer numbers surge past 750,000
AJ Bell, the Manchester-based investment platform, ended its financial year with a record £126 billion in platform assets under administration (AUA) after…
- London Stock Exchange to buy credit data group Octus for $3.5bn as trading hits record high
London Stock Exchange Group (LSEG) has agreed to buy Octus, a provider of credit intelligence and analytics, for $3.535 billion in cash.
- FTSE 100 LIVE: London set to start in the red after Asian tech sell-off
London is set to open 55 points lower, according to spread betting firms, as a wave of profit-taking in technology stocks swept across Asian markets despite a…
- Asian markets slide as tech selling hits South Korea and Hong Kong
Asian markets were broadly weaker on Thursday as investors took profits in technology stocks despite a positive Wall Street lead, while oil above US$110 a…