Tom Pfeiffer

Investors back on the defensive, but where to hide?

Mar 29 2018

LONDON Equity investors looking for protection from tech-led share reversals, trade wars and Europe's slowing economic momentum may find that the "defensive" sectors they usually seek out during market storms are no longer the safe havens they once were.

Defensives push FTSE to one-week high as Shire soars

Mar 28 2018

LONDON A move into defensive stocks helped Britain's FTSE climb to a one-week high on Wednesday, shaking off broader concerns over the U.S. tech sector that rattled global equity markets. Shares in pharma firm Shire surged.

Little sign of trade war panic in European equities

Mar 22 2018

LONDON As Donald Trump's 'America First' trade agenda turns from steel imports to Asian technology and intellectual property, a global trade war is now seen as the most serious risk for global investors, according to a recent survey.

FTSE retreats as more drama hits UK retail

Mar 21 2018

LONDON British shares fell to a new 15-month low on Wednesday as Kingfisher and Moss Bros piled more bad news on a UK retail industry reeling from the surge in e-commerce.

Inflation relief helps boost FTSE 100, Fenner surges on Michelin takeover

Mar 20 2018

LONDON Britain's FTSE 100 index gained on Tuesday, with banks leading the way after data showed a small slowdown in inflation, while Fenner shares surged after a takeover offer from tyre maker Michelin.

FTSE dragged lower by WPP results, weak factory data

Mar 01 2018

LONDON UK shares fell on Thursday after advertising giant WPP reported its worst results since the financial crisis and a gauge of British factory activity fell to its weakest in eight months.

Britain's FTSE little changed as Sky soars on Comcast bid

Feb 27 2018

LONDON Comcast's bid for pay-TV group Sky and strong results from housebuilder Persimmon helped keep Britain's FTSE 100 on an even keel on Tuesday, as investors digested the first public comments from new Federal Reserve chairman Jerome Powell.

UK shares retreat as Reckitt disappoint

Feb 19 2018

LONDON British shares lost some ground on Monday as weak results from Reckitt Benckiser underlined the murky growth outlook for big consumer goods makers and banking holidays in the U.S. and China slowed European markets.

European tech gets second wind after record-breaking 2017

Feb 01 2018

LONDON When German semiconductor maker Infineon slashed its revenue guidance on Wednesday because of a weakening dollar, its shares tumbled to the bottom of the benchmark DAX index.

UK stocks end two days of currency-driven declines

Jan 26 2018

LONDON British shares rose across the board on Friday as buyers returned to the market following two days of declines driven by a strengthening sterling.

World News