Michael Hewson

10 results

UK prime minister Theresa May. Photograph: Hannah McKay/Reuters

The pound rose on Friday and was set to snap a record losing streak against the euro after British prime minister Theresa May set out a departure date(...)

Photograph: iStock

Britain’s FTSE 100 fell as downbeat euro-zone PMI data emerged and investors booked profits before the Easter weekend. The FTSE 100 was down 0.3 per (...)

Photograph: iStock

The pound sank to a one-week low on Tuesday on rising doubt among investors about the progress of Brexit talks and the future leadership of the Bank (...)

The New York Stock Exchange  in New York on Friday. The S&P 500 and  Dow Jones Industrial Average were largely flat on the day. Photograph: Michael Nagle/Bloomberg

Global stocks ended August much as they began the month – under the dark cloud of a potentially worsening trade war. Poor sentiment over trade hit s(...)

Wall Street traders: US stocks  were up slightly on Thursday as a rise in consumer shares helped offset losses in financials

European stocks were left flat-footed as disappointing company results, including a $7.5 billion fine for wrongdoing for Deutsche Bank, sent its shar(...)

European bank shares had their worst two-day fall on record and world stocks were on track for worst two-day fall since the aftermath of the Lehman Bros collapse in late 2008. Ryanair dived by 15.2 per cent as sector followers reeled at a profit warning this morning from rival Easyjet

Irish shares were trampled on Monday as investors continued to baulk at the impact of Brexit on its closest trading partner -- and analysts downgraded(...)

A man passes a board showing the decline of Straits Times Index (STI), Dow Jones Industrial Average (DJIA) and the Standard and Poor’s (S&P) index at the central business district in Singapore

European equities steadied on Thursday after slumping in the previous session following a rout in commodities prices, with a strong rally in shares of(...)

Oil has slumped from above $115 in June 2014 as shale oil from the United States has flooded the market

Oil prices hit their lowest in over 11 years on Wednesday, as the row between Saudi Arabia and Iran was seen to be making any cooperation between majo(...)

A young man skates at the entrance of the Bank of Greece headquarters in Athens. European Union officials have blamed the collapse of Greece’s latest debt talks squarely on Athens

Asian shares extended losses and the euro skidded in Asian trade on Monday, after Greece’s talks with lenders to avert a default ended with no agreeme(...)

Some investors are betting a floor has formed under the market’s seven-month-long rout

Oil giant BP has said it is to cut capital expenditure by 13 per cent to $20 billion in 2015. Last week, Chevron announced a 13 per cent cut in capita(...)