Business

A few companies, such as Bath & Body Works and Southwest Airlines , may help investors ride out what’s historically proven a rough month for equities. September is known to be the worst month of the year for the S & P 500, Dow Industrials, Nasdaq Composite and the Russell 2000, according to the Stock

Chancellor Rachel Reeves has been urged to impose a pay-per-mile scheme on British drivers to avoid a “black hole” from lost fuel duty revenue. Public transport charity Campaign for Better Transport (CBT) is proposing that drivers of zero-emission vehicles (ZEVs), such as electric cars, should be charged based on how far they travel, claiming it

British Foreign Minister David Lammy Ian Forsyth | Getty Images News | Getty Images LONDON — British Foreign Minister David Lammy said Monday the country would immediately suspend some arms export licenses to Israel over fears they could be used in a way that would breach international law. Lammy said 30 of around 350 U.K.

Labour is facing a drop off in confidence among business leaders amid plans for tax rises and improvements to workers’ rights, according to a survey. The Institute of Directors (IoD) had noted a leap in optimism in July among its membership as the new government came to power. But its latest economic confidence index showed

With the Federal Reserve expected to cut interest rates in September, dividend-paying stocks could be set to outperform. That is because the dividend yields on these names will look more attractive compared to the returns offered by other income-generating assets, including bonds. Given the vast universe of companies paying dividends, it could be difficult for

A British hypersonic aviation campaign which has been hailed as a successor to Concorde is this weekend racing to avert collapse. Sky News has learnt that Reaction Engines has lined up PricewaterhouseCoopers (PwC), the accountancy firm, to act as administrator if its quest to secure new funding is unsuccessful. The company is understood to be

Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024.  CNBC (This article is from the Warren Buffett Watch newsletter. Sign up here.) Warren Buffett has added around $6 billion to Berkshire Hathaway’s sizable cash pile this summer with a string of Bank of America stock sales since mid-July. According

GE, one of the world’s best-known conglomerates has swooped to buy a British climate technology start-up in its quest to reduce the aviation industry’s environmental impact. Sky News has learnt that GE Aerospace has struck a deal to buy Satavia, a Cambridge-based company which helps to mitigate the warming effect of aircraft contrail clouds. Founded

While the S & P 500 is on pace to close out this volatile trading month higher, some individual stocks may still be due for a pullback. On Friday, the final trading day in August, the S & P 500 and the Dow Jones Industrial Average are on pace for monthly gains of roughly 1%.

Artemis, the London-based fund manager, is slashing the value of its stake in a revolutionary aerospace company which has set its sights on pioneering hypersonic travel. Sky News has learnt that Artemis, which holds a 2.3% stake in Reaction Engines, intends to write down the value of its holding by approximately 75%. An announcement is

A customer shops at a supermarket on August 14, 2024 in Arlington, Virginia.  Sha Hanting | China News Service | Getty Images Federal Reserve officials will get the latest look at their favorite inflation indicator Friday, a data snapshot that could influence the September rate decision even as policymakers appear to have their focus elsewhere

Smoking could be banned in pub gardens, outdoor restaurants and outside stadiums, according to reports. The measures are currently being considered by ministers according to The Sun newspaper. Smokers would also been prohibited from lighting up outside sport venues, nightclubs and in small parks, the newspaper said – citing “secret Whitehall papers”. Read more:How would

Investors have been jumping into single-stock funds that track Nvidia ahead of the chipmaker’s earnings report Wednesday, making this a key opportunity for a fast-growing corner of the ETF world to prove its worth. The GraniteShares 2x Long Daily Nvidia ETF (NVDL) has attracted more than $500 million of inflows over the last month, and

The owner of Ted Baker will on Wednesday announce that it has struck a deal with an American group to re-establish an online presence in the UK, days after its remaining retail stores were shut for good. Sky News has learnt that Authentic, which has owned Ted Baker since 2022, has struck a deal with

Check out the companies making headlines in midday trading: Paramount Global — The media conglomerate’s stock dropped more than 5% after Edgar Bronfman Jr. abandoned his pursuit of a takeover, clearing the way for Skydance to follow through on its roughly $8 billion acquisition deal reached in July. The Skydance deal, expected to close in

Sir Keir Starmer will vow on Tuesday to “reverse a decade of decline” and to “fix the foundations” of the UK economy. Delivering a much-trailed speech in the gardens of Downing Street ahead of parliament’s return next week, the prime minister will acknowledge the state of the public finances but pledge to “do the hard