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Technical Summary

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News

Drinkers, smokers seek respite from gloom by trading up

By Richa Naidu LONDON, July 28 (Reuters) - Soaring inflation has made life harder for most of the world - but some people are still smoking expensive cigarettes and doing shots of fancy tequila. From British American Tobacco BATS.L to Tanqueray gin maker Diageo DGE.L , cigarette and alcohol companies cited strong demand for high-end products people can't seem to shake when they reported results this week.
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Drinkers, smokers seek respite from gloom by trading up

By Richa Naidu LONDON, July 28 (Reuters) - Soaring inflation has made life harder for most of the world - but some people are still smoking expensive cigarettes and doing shots of fancy tequila. From British American Tobacco BATS.L to Tanqueray gin maker Diageo DGE.L , cigarette and alcohol companies cited strong demand for high-end products people can't seem to shake when they reported results this week.
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UK Stocks-Factors to watch on July 27

July 27 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Wednesday, with futures FFIc1 up 0.34%. * MARSTON'S: British pub group Marston's MARS.L said its sales for 42 weeks was lower compared with pre-pandemic levels, as consumers spent less and recent hot weather kept people indoors. * BAT: Lucky Strike cigarette maker British American Tobacco BATS.L reported a drop in its first-half profit, driven by impairment charges related to transfer of its Russian business.
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UK Stocks-Factors to watch on July 27

July 27 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Wednesday, with futures FFIc1 up 0.3%. * DE LA RUE: Britain's De La Rue DLAR.L has terminated its supply agreement with paper-making firm Portals Paper Ltd as the banknote printer cuts costs during a worldwide transition to polymer banknotes, the printer said on Tuesday. * REGULATOR: Britain's financial watchdog said on Wednesday it would press ahead with tougher protections for retail customers that put senior official
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UK stocks end the week lower as slowdown woes mount

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Burberry slides as China slowdown hits sales * FTSE 100 up 1.7%, FTSE 250 adds 1.9% * Aston Martin bounces off record low levels * BT Group drops as peer Virgin Media in talks to buy TalkTalk By Sruthi Shankar and Bansari Mayur Kamdar July 15 (Reuters) - London's FTSE 100 index ended the week lower on worries about aggressive interest rate hikes and a sharp slowdown in the global economy, eve
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