HSBC Stock Price Falls as 20,000 Job-Cut Report Hits London, Hong Kong and New York Shares
HSBC shares fell Thursday across London, Hong Kong, and New York after Bloomberg reported the bank
Glencore plc Stock Price Falls Today as Copper Slide and Bank of England Hold Hit Miners
Glencore shares dropped 4.2% to 503.7 pence in London by 12:40 GMT Thursday, falling from near a one-year high as metal miners slumped. The decline followed a sharp drop in copper prices
Imperial Brands PLC stock price falls 2.7% after holder trims stake, buyback rolls on
Imperial Brands shares dropped 2.74% to 3,127 pence in London Wednesday, outpacing the FTSE 100’s decline. The company repurchased 508,962 shares for
Legal & General Share Price Today: L&G Stock Still Under Pressure After Record Buyback
Legal & General shares closed at 249.60 pence Wednesday, down 0.6%, and remain 10.7% below their February high. Core operating profit for
SSE Share Price Falls 2% Despite Jefferies Raising Target to 3,060p
SSE shares fell 2.11% to 2,685 pence Wednesday, retreating from a 52-week high despite Jefferies raising its price target to 3,060 pence
Why Experian PLC Stock Price Fell 1.5% Despite a Fresh Buyback Filing
Experian shares fell 1.48% to 2,733 pence Wednesday, underperforming the FTSE 100, after the company disclosed further buybacks under its $1 billion
3i Group plc share price falls 4.8% before March 26 Action seminar. (3i)
3i Group shares dropped 4.8% to 2,875 pence in London on Wednesday, nearing a 52-week low and underperforming the FTSE 100. The stock closed about 5.2% below estimated net asset value, a reversal from its usual premium. Action, which makes up most of 3i’s value, reports next on March 26. Broker targets remain split, with RBC at 3,000 pence and Deutsche Bank at 4,300.
BAE Systems plc stock price holds firm after new U.S. Air Force deal keeps defence trade alive
BAE Systems shares edged down 0.04% to 2,329 pence in London after announcing new U.S. Air Force work on U-2 reconnaissance aircraft.
GSK Stock Price Today: Shares Drop 2% as Vaccine Policy Risks Keep Investors Cautious
GSK shares fell about 2% in London to 1,973 pence, underperforming the market as European healthcare stocks dropped after an attack on
NatWest Share Price Today: Stock Slips After £500 Million Note Call Ahead of Ex-Dividend Date
NatWest Group shares slipped 0.12% to 580.92 pence after the bank announced it will redeem £500 million of notes on March 28,
IAG Share Price Rises Despite Fresh Middle East Flight Suspensions
IAG shares rose 0.7% to 357.4 pence Wednesday, despite its cargo unit extending suspensions of London flights to several Middle East cities
UK Stock Market Today: FTSE 100 Drops 2.4% to Two-Month Low After BoE Rate Hold and Oil Shock
London’s FTSE 100 fell 2.4% Thursday to its lowest in two months after the Bank of England held rates and oil prices jumped on Middle East tensions. The FTSE 250 also dropped 2.4%. UK two-year bond yields hit a 14-month high before easing. Of the FTSE 100, 97 stocks fell; BP rose 4.9% after a refinery sale, while HSBC lost 3.1% on job cut reports.
IG Group Weighs New York Listing in Fresh Test for London Market
IG Group is considering moving its stock listing from London to the U.S. as part of a strategic review, following record 2025 revenue of £1.1234 billion and a new £125 million share buyback. The review, set to conclude in autumn, comes as IG prepares to join the FTSE 100 on March 23. Shares rose 5.5% to a record high despite wider market declines. About a quarter of IG’s business is already in the U.S.
Australia Stock Market Sinks: ASX 200 Hits 4-Month Low as Oil Spike, RBA Rate Risk Bite
Australian stocks fell 1.7% on Thursday, with the S&P/ASX 200 closing at 8,497.8, its lowest in nearly four months, after strikes on Gulf energy facilities sent oil prices higher. Materials dropped almost 5%, while energy stocks surged, led by Woodside Energy up 7.2% and Viva Energy up 15.2%. The Reserve Bank’s rate hike and weak jobs data added pressure. Brent crude hovered near $112 a barrel.
BAT Stock Price Today: British American Tobacco Slips After £25 Billion Debt Programme Refresh
British American Tobacco shares closed down 0.6% at 4,355 pence in London, outperforming the FTSE 100’s 2.4% drop. The company refreshed a £25 billion Euro Medium Term Note programme and bought back 125,797 shares for cancellation. Investors remain focused on cash returns amid a lower-end 2026 growth outlook and ongoing regulatory pressure.
International Consolidated Airlines Group stock price drops 4% as oil surge rattles airline shares
International Consolidated Airlines Group shares fell to 343 pence Thursday, underperforming the London market as Brent crude briefly topped $119 a barrel after Gulf energy site attacks. British Airways extended flight cancellations across the Middle East, while rivals including Air France-KLM and Lufthansa raised fares or added flights to offset fuel and airspace disruptions.
SSE Share Price Today: SSE PLC Slips From 52-Week High Despite Jefferies Target Hike
SSE shares traded at 2,653 pence Thursday, about 4% below their 52-week high, despite Jefferies raising its price target to 3,060 pence and reaffirming a “buy” rating. The company expects adjusted earnings per share of 144–152 pence for the year ending March 2026, down from 160.9 pence last year. SSE’s preliminary results are due May 28.
Lloyds Banking Group Stock Price Falls After Bank of England Hawkish Hold Hits UK Bank Shares
Lloyds Banking Group shares fell 3.7% to 92.94 pence Thursday as the FTSE 100 dropped 2.48% amid a broad selloff. The Bank of England held rates at 3.75% but warned inflation could reach 3.5%, prompting traders to price in two hikes by year-end. HSBC lost 2.7%, and the FTSE 350 banks index slid 3.7%. Lloyds also faced scrutiny over a recent app glitch and political pressure.
National Grid plc Share Price Drops as Jefferies Downgrade and BoE Yield Jolt Hit Utility Stock
National Grid shares dropped 3.75% to 1,271.5 pence Thursday, following a 2.94% fall Wednesday on heavy trading. Jefferies downgraded the stock to Hold, citing valuation concerns and higher real rates. The Bank of England held rates steady, sending gilt yields to 4.38% and pressuring utilities. National Grid recently announced a £70 billion investment plan through 2031.
HSBC Stock Price Falls as 20,000 Job-Cut Report Hits London, Hong Kong and New York Shares
HSBC shares fell Thursday across London, Hong Kong, and New York after Bloomberg reported the bank may cut up to 20,000 jobs over three to five years. The London stock dropped 43 pence to 1,166.2 pence by 15:47 GMT. HSBC had 208,720 staff at the end of 2025. No final decisions on cuts have been made, Reuters said.
Prudential plc Share Price Falls Despite 12% Profit Rise and $7 Billion Return Plan
Prudential shares fell 2.24% in London after 2025 results showed a 12% rise in new-business profit to $2.782 billion and a $7 billion capital return plan through 2027. Investors focused on the insurer’s free surplus ratio, which slipped to 221%, below some expectations. Hong Kong and mainland China drove growth. The stock lagged the FTSE 100 as peers like AIA reported stronger gains.
Unilever PLC Stock Falls Again as Food Spin-Off Talk, Kraft Heinz Talks Rattle Investors
Unilever shares fell further Thursday after reports the company is considering spinning off its food business and ended talks with Kraft Heinz over a possible tie-up. The food unit generated €12.9 billion in 2025 sales, over a quarter of group revenue. Investors worry another carve-out could distract CEO Fernando Fernandez, who is still managing the recent ice-cream demerger. Unilever declined to comment.
Rio Tinto plc stock price falls 5% as metals slump and China iron ore worries deepen
Rio Tinto shares dropped about 5% to 6,322 pence in late London trade Thursday, underperforming the FTSE 100 as metals prices slumped and oil rose. China’s steel output fell 3.6% while iron ore stockpiles hit a record, raising demand concerns. Rio’s underlying earnings for February were $10.87 billion, below consensus, with iron ore accounting for 60% of profit. Investors showed little appetite to buy the dip amid broader market weakness.
Oil Briefly Tops $119 as Iran Strikes and Hawkish Fed Deepen Stock Selloff
Oil surged above $119 a barrel after Iranian strikes on Gulf energy sites, before settling near $113.40. U.S. gasoline prices hit $3.88 a gallon, up 30% since before the war. The Federal Reserve kept rates steady and raised its 2026 inflation outlook to 2.7%. Wall Street opened lower, with the S&P 500 down 0.63% and the Nasdaq off 1.27%.
Anglo American Stock Price Today: Shares Sink Nearly 8% as Metals Slide, Teck Deal Timeline in Focus
Anglo American shares dropped 7.68% to 2,860 pence on Thursday amid a sharp selloff in miners as copper hit a three-month low and gold fell over 5%. The FTSE 100 lost 1.9% by mid-morning, with metals and mining stocks down 7.2%. Anglo is pursuing a $53 billion merger with Teck Resources and aims to sell De Beers, but recently reported a $3.7 billion loss and cut its 2026 copper output forecast.
Silver Price Today Falls Below $67 as Fed Hold Meets Supply Crunch Warnings
Silver fell to $66.93 an ounce in New York Thursday morning, down $10.84 from the previous day, as rising oil prices and inflation fears drove investors out of precious metals. Gold, platinum, and palladium also dropped sharply. The Federal Reserve kept rates steady Wednesday, with Chair Jerome Powell warning of uncertainty tied to the Iran conflict and energy markets. The Silver Institute still projects a sixth straight annual supply deficit.
Gold Prices and Silver Prices Hit One-Month Lows as Fed Inflation Warning Outweighs War Fears
Gold fell 2.7% to $4,687.19 an ounce and silver dropped 6.3% to $70.65, both hitting lows not seen since early February, as the dollar and Treasury yields rose after the Fed held rates steady. The S&P 500 slid 1.4% and Brent crude topped $119 following Iran’s strikes on Gulf energy sites. Major central banks signaled concern over inflation from higher energy prices.
Why Rolls-Royce Holdings plc Stock Price Fell as Oil Shock and BoE Hold Hit FTSE 100
Rolls-Royce shares fell 5.66% to 1,184.5 pence on March 19, outpacing the FTSE 100’s 2.83% drop, as oil prices rose and markets braced for tighter UK monetary policy. The decline followed news that Rolls-Royce secured €64 million in EU funding for its UltraFan 30 engine project. The Bank of England held rates at 3.75%, with traders now expecting two hikes by year-end.
Glencore plc Stock Price Falls Today as Copper Slide and Bank of England Hold Hit Miners
Glencore shares dropped 4.2% to 503.7 pence in London by 12:40 GMT Thursday, falling from near a one-year high as metal miners slumped. The decline followed a sharp drop in copper prices and the Bank of England’s decision to hold rates, which shifted market expectations toward possible hikes. Other major miners, including Rio Tinto and Anglo American, also traded lower. Energy stocks rose, but mining shares led losses on the FTSE 100.
Shell Plc Stock Price Today: Shares Slip as Qatar Pearl Outage Cools Oil-Fueled Rally
Shell shares fell 1.1% after halting production at its Pearl GTL plant in Qatar to assess damage from Iranian attacks on Ras Laffan. Brent crude surged to $119.13 a barrel as Gulf energy facilities were hit. Shell reported all staff were safe, one train was damaged, and a fire was extinguished. The FTSE 100 dropped, but the energy sector hit a record high.
BP Stock Price Rises on German Refinery Sale, Bigger Cost-Cut Goal and Oil Spike
BP shares rose 2.4% after it agreed to sell its Gelsenkirchen refinery in Germany to Klesch Group and raised its 2027 cost-cut target to up to $7.5 billion. The deal, with no disclosed value, is expected to remove about $1 billion in annual costs and transfer 1,800 staff. Brent crude topped $119 a barrel before easing. BP has now announced or completed over $11 billion of its $20 billion asset-sale plan.
Nvidia China AI Chip Update: H200 Approval Opens Door as Groq Version Nears May
Nvidia has received Beijing’s approval to resume H200 AI chip sales in China and is preparing a Groq chip variant for the market, sources told Reuters. The H200 is Nvidia’s second-most powerful AI chip, and orders have begun after U.S. export clearance. Rubin-based products remain barred from China, and the Groq chip is expected to be available in May. Nvidia said Rubin products will reach major cloud partners later this year.
OpenAI’s New AWS Government Deal Puts Microsoft Alliance Under Strain
OpenAI has signed a deal to provide its AI models to U.S. defense and government agencies through Amazon Web Services, expanding into classified work. The agreement has sparked tension with Microsoft, which is considering legal action over the broader Amazon-OpenAI partnership. Amazon will invest $50 billion in OpenAI, and AWS will become the exclusive third-party distributor for OpenAI’s Frontier platform.
Meta to End Horizon Worlds on Quest VR by June 15 in Major Mobile-First Pivot
Meta Platforms will remove Horizon Worlds from the Quest store on March 31 and from Quest devices on June 15, shifting the service to mobile only. Creator tools and subscription perks tied to Quest will end. Meta cited a surge in mobile users and said it will keep supporting third-party VR titles. The company maintains it is not exiting VR hardware, despite the move.
Apple iPhone Spyware Alert: New DarkSword Hack Could Still Reach Millions of Unpatched Devices
Google, iVerify, and Lookout disclosed a new iPhone exploit chain, DarkSword, that can fully compromise certain iOS 18 devices via infected websites. The toolkit has been active since at least November in campaigns linked to Saudi Arabia, Turkey, Malaysia, and Ukraine. Apple said the flaws have been fixed in recent updates. Researchers estimate up to 270 million devices may remain exposed if not updated.
SpaceX Hits 10,000 Active Starlink Satellites as Falcon 9 Readies New Florida Launch
SpaceX surpassed 10,000 active Starlink satellites after a Falcon 9 launch from Vandenberg on Tuesday, with 29 more set to launch from Cape Canaveral Thursday at 9:58 a.m. EDT. The network, now serving over 10 million customers in 160 markets, faces growing competition from Amazon and Chinese constellations. SpaceX has averaged a launch every 2.3 days this year. The upcoming mission will use booster B1077, aiming for its 27th flight and droneship landing.