In a landmark move for the European energy sector, ENGIE has agreed to acquire UK Power Networks in a deal valued at £10.5 billion, approximately 14.2 billion dollars. The seller is part of CK Group, the business empire founded by Li Ka-shing.
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Lloyds Banking Group has reported a sharp 36% decline in third-quarter profit, mainly due to rising costs from its car finance division. While the bank’s core operations, including lending and deposits, remain strong, heavy provisions for potential compensation linked to past motor-finance mis-selling have overshadowed the results. Continue Reading on Meyka This article is available…
The FTSE 100 index showed resilience in a challenging market backdrop as mining stocks took the lead and pushed the benchmark higher despite growing fears of a possible US government shutdown and looming tariff threats from the United States. Investors are navigating a complex environment where risks to global trade and slowing economic data are…
We are watching one of the most intense political battles in Washington right now. The U.S. federal government entered a partial shutdown at the start of February 2026 because Congress failed to pass all needed funding bills on time. At the heart of this fight is Mike Johnson, the Speaker of the U.S. House of…
The FTSE 100 rose on Wednesday as investors reacted to strength in energy and insurance stocks, while the British pound climbed above $1.37 against the U.S. dollar. Gains in major oil producers and takeover‑related activity helped lift the UK’s blue‑chip index, even as some technology names remained under pressure following recent sell‑offs driven by fears…
Barclays has posted an impressive 23 percent jump in profit, defying global trade uncertainty and rising political tensions over tariffs. Despite tariff turmoil stirred by recent U.S. policy changes, the bank reported a first-half profit of £5.2 billion, reflecting strong trading activity and resilience in volatile markets. Continue Reading on Meyka This article is available…
Disney Stock drew fresh investor attention after a regulatory filing showed the Czech National Bank added 24,176 shares to its position in The Walt Disney Company. The move was posted in the latest Form 13F disclosure, and it reached trading desks and market feeds within hours. Continue Reading on Meyka This article is available in…