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Burnham's first misstep spells bad news for pound

The accession of Andrew Burnham to the role of Prime Minister occurred with little fanfare in markets, once it became clear that Ed Miliband would not be the Chancellor.

STMicroelectronics falls after Q3 sales outlook miss; raises data center revenue forecast

Intel seeks partner for delayed Ohio chip plant; SK Hynix among candidates: report

European Central Bank: September hike risk builds – ING

ING’s Michiel Tukker expects the European Central Bank (ECB) to keep the deposit rate at 2.25% at the upcoming meeting, with a September hike seen as likely as Oil prices rise and markets already pric ...

Brent surges above $97 as US-Iran tensions escalate in gulf

Brent crude oil prices rose to a multi-week high above $97 per barrel in early Thursday trading.

Oil Prices Climb Toward $100 as Red Sea Risks Rise

Oil prices rose for the fifth consecutive day early on Thursday, topping $98 per barrel to the highest level in nearly two months, as Houthi attacks on tankers on the Red Sea route intensified concern ...

The late James Van Der Beek’s former Beverly Hills home up for rent for $13,950 a month

Late “Dawson’s Creek” star James Van Der Beek’s former Beverly Hills home has been offered up for rent—five months after the actor died following a battle with cancer.

Swiss Franc weakens as safe-haven demand lifts US Dollar

USD/CHF extends its gains for the fourth successive day, trading around 0.8150 during the European hours on Thursday. The pair appreciates as the US Dollar (USD) gains ground after recovering its dail ...

Analysts agree: Hawkish ECB expectations are likely to keep Euro supported

The Euro (EUR) remains steady above 1.1400 against the US Dollar (USD) on Thursday, showing a surprising resilience to the surging Oil prices and the escalation of hostilities in the Middle East.

Stock Futures Fall as Oil Prices Spark Renewed Inflation Fears

Stock futures were falling ahead of the open Thursday as investors assessed rising inflationary risks from the conflict with Iran, and a flurry of earnings reports. S&P 500 futures lost 0.5% with con ...

Japanese Yen: Energy shock drives weaker currency – MUFG

MUFG’s Lee Hardman highlights that rising Oil and natural gas prices are pressuring the Japanese Yen (JPY), with USD/JPY hitting fresh year-to-date highs above 163.00.

Sterling’s rally is not built to last

Sterling’s rally has been driven more by positioning, carry and potentially some M&A flows than by a lasting improvement in UK fundamentals. With UK short-dated rates likely to drift lower and fiscal ...