Tuesday, 3 November 2026
- High freight costs keep Atlantic Basin crude trade under strain, says RBC
Freight costs have become the dominant force in physical oil markets, and still-elevated rates are hindering trade in many Atlantic Basin crude grades, RBC…
- Bloomsbury author’s record launch is a net positive but hard to quantify, says Deutsche Bank
Deutsche Bank (DB) has a 'buy' rating on Bloomsbury Publishing PLC (LSE:BMY), the book publisher, after reports that author Sarah J Maas’s latest novel sold a…
- IAG cuts short-haul seats while rivals expand, UBS capacity review shows
International Airlines Consolidated Group S.A.
- M&S plans five UAE Foodhalls in a new push for the weekly shop, says Citi
Citi, the investment bank, rates Marks and Spencer Group PLC (LSE:MKS) (M&S), the UK retailer, 'buy' with a £4.80 price target, calling its plan for five…
- Citi cuts Barratt Redrow target price as margin recovery pushed further out
Citi has cut its price target for Barratt Redrow PLC (LSE:BTRW), the UK housebuilder, by 9% to £3.75 as weaker sales prospects and rising costs delay its…
- Deutsche Bank cuts ITV price target as European TV advertising market weakens
Deutsche Bank has cut its price target for ITV PLC (LSE:ITV), the UK commercial broadcaster, to 77p from 85p, while retaining a 'hold' rating.
- UBS cuts NatWest price target as flat margin outlook clouds earnings growth
UBS has cut its price target for NatWest Group PLC (LSE:NWG), the FTSE 100 bank, to 775p from 835p after management signalled flat margins in 2027.
- Sigma Lithium upsizes convertible bond offering to $125 million
Sigma Lithium Corp (TSX-V:SGML, NASDAQ:SGML, ASX:SAU) has priced an upsized US$125 million convertible bond offering to refinance its senior secured debt with…
- US copper pipeline could reach 1.3 million tonnes a year as critical minerals push gathers pace, says JP Morgan
JPMorgan, the investment bank, says a focus on securing critical minerals supply is reviving US copper investment, lifting its estimate of potential new supply…
- Ryanair rated 'buy' by Citi and Deutsche Bank as fuel costs cloud next year's profits
Ryanair Holdings PLC (LSE:RYA), the low-cost airline, is rated 'buy' by both Citi and Deutsche Bank (DB) after first-half results showed improving fare trends…
- Gelion FY2026 results beat market expectations - ICYMI
Gelion PLC (AIM:GELN, OTC:GELNF, FRA:X0S) earlier this week reported FY2026 financial results ahead of market expectations, as the battery technology developer…
- Primark risks outweigh margin beat at Associated British Foods, Jefferies warns
Jefferies has warned that the balance of news from Primark is likely to remain negative for Associated British Foods PLC (LSE:ABF), despite…
- Centrica shares oversold on trading worries, says Jefferies as it upgrades to 'buy'
Centrica PLC (LSE:CNA), the owner of British Gas, has been oversold on worries about its volatile trading arm, Jefferies, the investment bank, said as it…
- Apple results: a step-by-step guide to why the shares fell after a beat
Apple Inc (NASDAQ:AAPL, XETRA:APC) shares fell about 3% in after-hours trading after the iPhone maker beat forecasts for the September quarter but warned that…
- Anthropic's compute and data centre bill casts doubt on $2 trillion IPO valuation
Bets on Anthropic hitting a $2 trillion stock market valuation have cooled after the artificial intelligence company revealed it has committed to almost $900…
- Gattaca shares rise over 6% as profits surge and dividend doubles
Gattaca PLC (AIM:GATC) shares rose over 6% to 135p on Tuesday morning after the recruitment group reported higher annual profits, stronger fee income and a…
- Shield Therapeutics loses profitability target as Medicaid pressures offset prescription growth
Shield Therapeutics PLC (AIM:STX, OTCQB:SHIEF), the pharmaceutical company behind iron deficiency treatment Accrufer, has abandoned its target of operating…
- Zanaga completes bulk sampling as Panmure Liberum eyes $5m funding milestone
Zanaga Iron Ore Co Ltd (AIM:ZIOC, FRA:6ZA) has completed its bulk sampling programme on time and within budget, marking progress towards pilot-scale testing of…
- Ondine Biomedical raises £10m ahead of FDA filing - ICYMI
Ondine Biomedical has raised £10 million following positive top-line results from its LANTERN Phase 3 trial, strengthening its position ahead of a planned US…
- Wizz Air October passenger numbers rise 19.8% as airline expands Spanish operations
Wizz Air Holdings PLC (AIM:WIZZ), the low-cost European airline, carried 7.62 million passengers in October, an increase of 19.8% year-on-year, as capacity…
- TP ICAP revenue rises 11% in third quarter as Global Broking drives growth
TP ICAP PLC (LSE:TCAP), the interdealer broker, reported an 11% increase in third-quarter revenue at constant currency, supported by strong growth in its…
- Drax shares jump over 8% on £20bn AI data centre partnership with Brookfield
Drax Group (LSE:DRX) shares surged over 8% to 878p on Tuesday morning after the power generator announced a strategic partnership with Brookfield and its…
- London-listed technology trusts slide as global AI sell-off deepens
London-listed technology investment trusts came under renewed selling pressure on Tuesday as growing doubts about the returns from artificial intelligence (AI)…
- IWG shares jump over 6% as profit guidance points above forecasts
Shares in IWG PLC (LSE:IWG), the owner of the Regus and Spaces flexible office brands, rose over 6% to 210.2p on Tuesday after third-quarter revenue grew 9%…
- MARKETS LIVE: FTSE 100 slips as miners and mid-caps come under pressure Update
The FTSE 100 was down 53 points, or 0.5%, at 10,708 by 9 am as a renewed global technology sell-off and caution ahead of the US midterm elections weighed on…
- Hiscox jumps 3% as brokers back retail-led growth
Hiscox Ltd (LSE:HSX), the international specialist insurer, jumped 3% to 1,940p as brokers highlighted accelerating retail growth and the group’s ability to…
- Associated British Foods falls 3% as Shore Capital keeps 'hold' after tough year
Associated British Foods PLC (LSE:ABF), the food and retail group behind Primark, fell 3% to 1,890p after Shore Capital retained its 'hold' rating following…
- Zanaga Iron Ore completes bulk sample programme
Zanaga Iron Ore Co Ltd (AIM:ZIOC, FRA:6ZA) has completed bulk sampling at its Republic of Congo project, providing material for metallurgical tests needed to…
- ACG Metals acquires construction-stage copper mine in Norway
ACG Metals Ltd (LSE:ACG, OTC:ACGAF) announced it has agreed the US$220 million all-share acquisition of Blue Moon Norway, adding a construction-stage copper…
- Arkadian Strategic Metals boosted by metallurgical test results
Arkadian Strategic Metals PLC (AIM:AKN, OTC:ALBAF, FRA:9AB) has produced rare earth concentrates in initial tests at its majority-owned Motzfeldt project in…
- MARKETS LIVE: FTSE 100 drops at the open as blue chips come under pressure Update
The FTSE 100 was down 36 points, or 0.3%, at 10,725 shortly after the open, having traded between 10,688 and 10,728.
- Drax partners with Brookfield on £20 billion AI data centre project
Drax Group (LSE:DRX), the UK power generation company, has partnered with Brookfield and its Radiant AI infrastructure platform to develop a large-scale…
- Hiscox premiums rise 10% as retail growth accelerates
Hiscox Ltd (LSE:HSX), the international specialist insurer, reported a 9.5% rise in insurance contract written premiums for the first nine months of 2026 as…
- MARKETS LIVE: FTSE 100 set to open lower as tech weakness weighs
London’s blue-chip index finished Monday 0.3% higher at 10,761, despite weakness in BP, Shell and Ithaca Energy as crude prices tumbled.
- On the Chain: Bitcoin slips below US$77,000 as Binance hack fallout keeps crypto markets on edge
Bitcoin has slipped below US$77,000 as cryptocurrency markets remain under pressure from the fallout of the record Binance hack, heavy liquidations and renewed…