Tue, 21-Oct-2025

Stocks rise as investor optimism improves, with crude trading at $120

Stocks

Shares in Asia and Europe rose on Monday, but risk appetite ebbed after being higher earlier in the day. The dollar gained against the euro ahead of the European Central Bank’s policy meeting. Sterling rose ahead of a confidence vote in Parliament that Prime Minister Boris Johnson won. Worldwide stocks markets rose on Monday on … Read more

Shares of British power firms drop

Shares in British power companies fell today as news broke that Rishi Sunak had ordered plans for a potential windfall tax to be put up. According to the Financial Times, it would be a tax on the corporations’ excess profits of more than £10 billion. According to the newspaper, Sunak is mulling a windfall tax … Read more