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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Archive

FIVE at FIVE: Russian invasion batters Bitcoin, BP takes a hit, Lloyds’ mega buyback and Rolls-Royce's CEO jumps ship...

Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news

1. Bitcoin can no longer be viewed as a ‘safe haven’

Bitcoin’s demise in parallel with such externalities has chipped away at some of the crypto evangelism that claimed Bitcoin would be the safest bet and an alternative to gold.

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2. BP's shares down as Rosneft could be next to face sanctions

Shares in BP slumped as investors feared the oil major will fall victim to international sanctions after Russia launched a"full-scale invasion" of Ukraine overnight.

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3. Lloyds follows competitors Barclays and HSBC with profit surge and buyback

Lloyds Banking Group became the latest big name to announce a mammoth share buyback, in this case, a £2bn share buyback programme expected to be completed by the end of 2022.

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4. Footsie flops on Ukraine invasion

The FTSE 100 index closed a massive 291.17, or 3.88% lower at 7,207.01 on Thursday as markets sold-off following Russia's invasion of Ukraine.

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5. Bleak outlook for Rolls-Royce sees shares tumble and CEO resign

Investors fled Rolls-Royce Holdings this morning, with the company’s share price collapsing more than 19% as chief executive Warren East announced he would step down in the midst of a gloomy outlook.

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Let’s take a look ahead to some of tomorrow’s news

Updates from Babcock International, Evraz, Rightmove and many more...

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK