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Britain’s benchmark FTSE 100 fell on Thursday, pressured by rising oil prices and fading prospects of renewed US-Iran peace negotiations. Investors also remained focused on a fresh batch of corporate earnings. The blue-chip index dropped 0.8% to 10,388.84 points. Meanwhile, the mid-cap FTSE 250 declined 1.1%, reflecting broader weakness across UK equities. Oil price surge… Continue reading FTSE 100 slips as oil jumps, Iran talks hopes fade

Nokia’s shares surged to a 16-year high on Thursday after the Finnish telecom equipment maker reported stronger-than-expected quarterly earnings and raised its growth outlook for its artificial intelligence-focused business. Shares listed in Finland climbed more than 9%, reaching their highest level since April 2010 when it was only known as a phone company, while the… Continue reading Nokia shares hit 16-year high on AI-driven earnings beat

IBM’s shares fell sharply in pre-market trading on Thursday after the company reported a slowdown in revenue growth, particularly in its software division, reigniting investor concerns over the impact of artificial intelligence on its core business. The technology giant posted first-quarter results that exceeded Wall Street expectations, but the deceleration in growth and mounting fears… Continue reading IBM stock slides 7% as growth concerns revive AI threat fears

A year ago, Donald Trump called it Liberation Day. Today, 330,000 American businesses are filing to get their money back, and the President is on television telling them not to. The refund portal opened on April 20, 2026. By that point, the Supreme Court had already ruled 6-3 that Trump’s signature trade policy was unconstitutional.… Continue reading Why does Trump not want US businesses to claim tariff refunds?

Norway’s $2.2 trillion sovereign wealth fund is evaluating a potential investment in SpaceX, according to comments made by its deputy chief executive, as cited in a Reuters report. The fund, the largest of its kind globally, is in discussions with the aerospace company controlled by Elon Musk. Speaking in an interview, deputy CEO Trond Grande… Continue reading Norway wealth fund in talks with SpaceX as IPO plans emerge

L’Oréal has started 2026 with a much stronger-than-expected first quarter, a result that sent its shares sharply higher. The strong results forced investors to reassess the beauty giant’s near-term outlook. The company said first-quarter sales rose to €12.15 billion, up 3.6% on a reported basis and 7.6% like-for-like, or 6.7% on an adjusted basis after… Continue reading L’Oreal stock jumps 9% after Q1 earnings: how high can it go?

Recovery prospects for French luxury giant LVMH depend heavily on how the ongoing crisis in the Middle East unfolds, CEO and controlling shareholder Bernard Arnault said on Thursday. Speaking at the company’s annual shareholder meeting in Paris, Arnault highlighted the severity of the geopolitical situation and its implications for global markets. “You will have noticed… Continue reading LVMH’s growth outlook hinges on Middle East crisis, says Arnault

Wall Street was poised for a weaker open on Thursday as investors paused after a recent rally, with renewed uncertainty over the US-Iran conflict and its impact on oil prices clouding the outlook for growth and inflation. Traders were also reassessing corporate earnings as the latest quarter begins to reflect fresh disruption from Middle East… Continue reading Dow futures plunge 310 points: 5 things to know before market opens