Marks & Spencer shares are rising after the British retailer posted a 58% annual profit increase Marks & Spencer shares rose on Wednesday, reaching levels last seen in early 2018, according to LSEG data. The company’s shares were last up 7.3% at 10:59 a.m. London time. Stock Chart IconStock chart icon Marks and Spencer The … Read more
A wave of speculation by traders in futures markets has pushed the prices of metals such as copper and gold to record highs, as funds bet on coming supply shortages and try to hedge against inflation. Copper has risen 30 percent since early March and this week broke through $11,000 per tonne, its highest level … Read more
It was only about two years ago that the video game industry started charging $70 for major games instead of the usual $60, due to rising game development costs (and greed). This shift understandably hasn’t gone down well with players, as the cost of keeping up with modern gaming continues to rise, but that may … Read more
Stay informed with free updates Simply log in to the Renewable energy myFT Digest – delivered straight to your inbox. A number of major European energy companies have scaled back or are reviewing their renewable energy development targets due to high costs and low electricity prices, in a sign of the difficulties in the transition … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. US copper prices have risen to a record premium to the global benchmark in London, as speculative funds pile up and traders are forced to hedge short bets on the world’s most important industrial metal. … Read more