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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

Energy

FIVE at FIVE: FTSE100 rebounds, Musk under investigation, cyberwar preparation, oil prices could save BP and what is SWIFT?

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

1. Footsie recovers

The FTSE 100 index closed 282.08 points, or 3.91% higher on Friday at 7,489.46, recovering a chunk of Thursday's slide as the Russia-Ukraine conflict rumbled on.

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2. Elon Musk and brother under SEC investigation

The Securities and Exchange Commission (SEC) is investigating Elon Musk and his brother, Kimbal, on recent stock sales by Tesla, the Wall Street Journal reported.

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3. Banks and blockchain companies braced for cyberwarfare

Cryptocurrency exchanges’ and banks’ vulnerability to cyberattacks are likely to be tested as relations with Russia descend on the back of its invasion of Ukraine.

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4. Increasing oil prices offset risk associated with BP's Rosneft (AIM:ROSN) interest

BP owns 19.75% of Russia’s third-largest oil company and it is not yet clear the extent that sanctions against Russia’s economic interests will impact the oil giant.

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5. Would banning Russia from SWIFT really hurt it?

The most aggressive sanction to date that has been seriously considered continues to divide the West: banning Russia from SWIFT.

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A look ahead to some of next week's news

Updates from Darktrace, Flutter Entertainment, Persimmon and more...

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