Microsoft hits $4tn market value as tech stocks rise to new highs
Meta shares rise 12% on back of blockbuster earnings
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German inflation dips to cooler-than-expected 1.8% in July
Economists polled by Reuters had expected inflation to ease to 1.9%.
Shell held off trading oil price spikes during Israel-Iran war, says CEO
UK energy major reports 32% fall in quarterly profits on lower oil and gas prices
Saks creditors suffer as high debt and slowing sales weigh on finances
Luxury retailer has pitted lenders against one another to secure financial lifelines as it teeters on edge of default
Forcing pension funds to buy UK stocks is ‘unnecessary’, says LSEG chief
David Schwimmer calls for tax benefits to encourage domestic investment in public markets