Is this you? As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
Claim your profile
Articles by Darshan Kumar R
FTSE slips as bank, defence stocks fall; BoE delivers first rate hike in 3 years
By Darshan Kumar R Nov 5 (Reuters) - Britain's FTSE 100 slipped on Thursday as losses in bank and defence stocks weighed, while the Bank of England raised interest rates for the first time in more than three years. The FTSE 100 index closed 0.43% lower at 10,782.66 after touching a near three-month high earlier in the session, while the FTSE 250 was down 0.86% on the day after hitting an all-time high.
Traders eye further rate hikes after first BoE increase in three years Original
Traders add to BoE rate-hike bets BoE votes 8-1 to raise rates, one official votes for bigger hike Outlook complicated by oil-price fall post US midterms LONDON, Nov 5 (Reuters) - Traders added to their bets on UK rate hikes on Thursday, pushing up government bond yields, after the Bank of England raised borrowing costs for the first time since 2023 and signalled at least one more increase was likely if the Iran war continues.
FTSE 100 climbs 1% on banks, miners boost
By Darshan Kumar R Nov 4 - Britain’s closed at a two-week high on Wednesday as banks rallied ahead of an expected rate hike this week, while the weakening of the dollar following the Democrats’ sweep of the US midterms lifted gold prices and shares of precious metal miners. The blue-chip FTSE 100 index rose 1.79% to 10,829.21 points, marking its biggest one-day percentage gain since early May; the midcap climbed 0.98% to a two-month high.
Democrats' midterm sweep fuels $750 billion Big Tech rally Original
Nov 4 (Reuters) - Democrats' midterm election sweep sent shares in US tech giants soaring on Wednesday as investors bet that potential curbs on new data-center construction could cement their grip on scarce computing power while easing pressure on strained cash flows.
FTSE 100 climbs 1% on banks, miners boost
By Darshan Kumar R Nov 4 - Britain's FTSE 100 closed at a two-week high on Wednesday as banks rallied ahead of an expected rate hike this week, while the weakening of the dollar following the Democrats' sweep of the US midterms lifted gold prices and shares of precious metal miners. The blue-chip FTSE 100 index rose 1.79% to 10,829.21 points, marking its biggest one-day percentage gain since early May; the midcap FTSE 250 climbed 0.98% to a two-month high.
UK shares rise as bank tax surcharge proves less severe than feared
By Darshan Kumar R Oct 28 - UK shares edged higher on Wednesday after British finance minister John Healey unveiled his first budget, with a smaller-than-expected tax surcharge on banks sparking a rally in the sector. The blue-chip FTSE 100 index rose 0.2% by 1428 GMT, while the midcap FTSE 250 inched up 0.1% to a nearly two-month high.
UK's FTSE 100 muted as GSK, Unilever losses temper bank gains after budget
; ; ; Continue reading More for You ; ; ; Continue reading More for You
UK shares rise as bank tax surcharge proves less severe than feared
By Darshan Kumar R Oct 28 - UK shares edged higher on Wednesday after British finance minister John Healey unveiled his first budget, with a smaller-than-expected tax surcharge on banks sparking a rally in the sector. The blue-chip FTSE 100 index rose 0.2% by 1428 GMT, while the midcap FTSE 250 inched up 0.1% to a nearly two-month high.
AI rout slows as investors buy the dip on tech
NEW YORK, Oct 15 (Reuters) - A market rout centering on the riskiest AI-related borrowers moderated on Thursday, with buyers returning to the tech sector following a weak US open and as a decline in bond yields eased pressure on the sector. In the spotlight once more was data center operator CoreWeave, which was down 2% at midday after falling as much as 10% earlier on Thursday and tumbling 15% on Wednesday.
AI rout slows as investors buy the dip on tech
NEW YORK, Oct 15 (Reuters) - A market rout centering on the riskiest AI-related borrowers moderated on Thursday, with buyers returning to the tech sector following a weak US open and as a decline in bond yields eased pressure on the sector. In the spotlight once more was data center operator CoreWeave, which was down 2% at midday after falling as much as 10% earlier on Thursday and tumbling 15% on Wednesday.
Show More
loading
Actions
Is this you?
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.Get in touch with Darshan Kumar
Contact Darshan Kumar, search articles and posts on X, monitor coverage, and track replies from one place.
Learn more about Muck Rack