Monday, 2 November 2026
- Wall Street balks at Marvell's $115bn swoop on Lumentum
Shares in Marvell Technology and Lumentum Holdings fell sharply after the two companies agreed a $115 billion merger, one of the biggest technology deals on…
- Ternus faces first test as Apple chief with results and iPhone 18 outlook
John Ternus will face investors for the first time as Apple's chief executive when the iPhone maker reports quarterly results after the US market closes on…
- UBS says markets are overestimating how high UK interest rates will go
UK interest rates will peak well below the level financial markets expect, according to UBS.
- RBC upgrades boohoo to outperform as debt falls
RBC Capital Markets has upgraded boohoo Group, the online fashion retailer that owns Debenhams, from 'underperform' to 'outperform', saying the shares have…
- FTSE 100 LIVE: London shares flat as oilers fall Update
After a nose lower in the first few minutes of trading, the Footsie moved back almost to parity in the first hour of trading.
- Citi lifts AstraZeneca target to £189 after pipeline reassurance
Citi has raised its target price for AstraZeneca, the FTSE 100 drugmaker, to £189 from £186, saying third-quarter results eased concerns about long-term growth.
- UK retail shares surge but Deutsche Bank questions the rally
Shares in JD Sports, Wickes, Pets at Home and Tesco have jumped by 14% or more in a month, but Deutsche Bank analysts say trading probably doesn't justify the…
- BYD sales rise for sixth month as exports double
BYD, the Chinese electric carmaker, has reported a sixth consecutive month of sales growth as rising exports offset weak demand at home.
- Binance resumes withdrawals after $6bn hack
Binance, the world's largest cryptocurrency exchange by daily trading volume, has resumed customer withdrawals after a hack that affected more than $6 billion…
- Ibstock cuts profit forecast as brick demand slumps
Ibstock, the UK's largest brickmaker by volume, has cut its profit forecast after sales fell sharply in the third quarter.
- National Grid buys Teesside land for UK's biggest substation
National Grid, the FTSE 100 power network owner, has reportedly agreed to buy land on Teesside to build Britain's largest electricity substation, according to…
- Ryanair profits fall 15% as fuel costs soar
Ryanair, the Irish low-cost airline, has reported a 15% fall in half-year profits after the price of the fuel it had not locked in doubled.
- FirstGroup sells West Yorkshire bus depots and fleet for £109m
FirstGroup, the FTSE 250 transport operator, has agreed to sell five bus depots and 330 buses to the West Yorkshire Combined Authority (WYCA) for £109 million.
- Kosmos Energy cuts debt by more than $500m as costs fall
Kosmos Energy, the deepwater oil and gas producer listed in New York and London, has cut its net debt by more than $500 million this year as lower costs and…
- FTSE 100 LIVE: London shares set to open lower as the markets brace for 'midterm madness' Update
After a mixed session in Asia and a tumultuous end to the week on Wall Street, the FTSE 100 looks set to open its account in the red on Monday.
- FTSE 100 LIVE: Asian markets rebound as Korea surges and India rallies
The S&P/ASX 200 closed about 0.6% lower at around 8,857 as investors remained cautious ahead of Tuesday’s Reserve Bank of Australia interest rate decision.