Rio Tinto Shares Retreat as Metals Rally Cools in London Trading
Commodities Rebecca Torres

Rio Tinto Shares Retreat as Metals Rally Cools in London Trading

Rio Tinto shares fell 0.5% in early London trade, giving back some of Monday's 3% advance as precious metals prices softened. The mining giant's next earnings report is scheduled for February 19.

RIO GLD SLV
BP Pauses Share Repurchases Amid $4 Billion Renewables Impairment
Earnings James Calloway

BP Pauses Share Repurchases Amid $4 Billion Renewables Impairment

BP shares declined over 3% after the energy giant halted its buyback program and recorded significant write-downs in its low-carbon divisions. The company plans to redirect surplus cash toward strengthening its balance sheet and oil and gas investments.

BP USO XLE
Reckitt Benckiser Gains Ahead of Special Dividend and Full-Year Report
Markets Daniel Marsh

Reckitt Benckiser Gains Ahead of Special Dividend and Full-Year Report

Reckitt Benckiser shares edged up 0.1% in London trading as investors await a £1.6 billion special dividend payment on February 20 and full-year results scheduled for March 5.

EWU
RELX Gains Ahead of Key Earnings, AI Outlook in Focus
Earnings James Calloway

RELX Gains Ahead of Key Earnings, AI Outlook in Focus

RELX shares advanced 1.2% in London trading, recovering from recent AI-related pressure. Investors await full-year results on February 12 for clarity on generative AI's impact.

RELX
Barclays Lifts Outlook, Unveils £15 Billion Shareholder Return Plan
Earnings James Calloway

Barclays Lifts Outlook, Unveils £15 Billion Shareholder Return Plan

Barclays shares advanced after the bank reported a 12% rise in annual profit and outlined a new capital return program exceeding £15 billion through 2028.

BCS
BP Suspends Share Repurchases, Prioritizes Debt Reduction After $4.2B Impairments
Earnings James Calloway

BP Suspends Share Repurchases, Prioritizes Debt Reduction After $4.2B Impairments

BP has halted its share buyback program and will redirect excess cash to strengthen its balance sheet after reporting $4.2 billion in impairments and a $3.4 billion quarterly loss under IFRS standards.

BP SHEL XLE USO
Lloyds Buyback Progresses Amid Barclays Capital Return Pressure
Markets Daniel Marsh

Lloyds Buyback Progresses Amid Barclays Capital Return Pressure

Lloyds Banking Group continues its £1.75 billion share repurchase program, while Barclays' enhanced capital return targets intensify focus on UK bank profitability ahead of key economic data.

LYG BCS GS
Glencore Shares Surge 4.8% on $250M South African Metals Deal Ahead of Earnings
Commodities Rebecca Torres

Glencore Shares Surge 4.8% on $250M South African Metals Deal Ahead of Earnings

Glencore's stock rebounded sharply in London trading after a subsidiary secured a major prepayment agreement for copper and zinc in South Africa. Investors now await the company's full-year results scheduled for February 18.

GLNCY RIO
NatWest's Wealth Acquisition Shifts Capital Strategy, Shares Stabilize After Selloff
Earnings James Calloway

NatWest's Wealth Acquisition Shifts Capital Strategy, Shares Stabilize After Selloff

NatWest shares steadied near 621p following a sharp drop after announcing a £2.7 billion Evelyn Partners buy and a £750 million buyback. The deal will reduce its capital ratio and delay further buyback announcements until 2027.

BCS HSBC
HSBC Shares Edge Lower as Barclays' Strong Results Spotlight UK Banking Sector
Markets Daniel Marsh

HSBC Shares Edge Lower as Barclays' Strong Results Spotlight UK Banking Sector

HSBC shares dipped 0.5% in early London trading, retreating from near a 52-week high, as investors assessed Barclays' robust earnings and capital return plans ahead of HSBC's own annual results later this month.

HSBC BCS
CapitaLand Investment Gains as Ascott Reports Record Signings Ahead of Earnings
Earnings James Calloway

CapitaLand Investment Gains as Ascott Reports Record Signings Ahead of Earnings

CapitaLand Investment shares advanced after its lodging unit Ascott disclosed a record 19,000 units signed in 2025, projecting fee income above S$500 million. Investors await quarterly results for updates on fee growth.

Barclays Sets £15 Billion Shareholder Return Plan Through 2028 on Strong Profits
Earnings James Calloway

Barclays Sets £15 Billion Shareholder Return Plan Through 2028 on Strong Profits

Barclays has committed to returning at least £15 billion to shareholders between 2026 and 2028, following a 13% rise in 2025 pre-tax profit to £9.1 billion. The bank also raised its financial targets and initiated a new £1 billion share repurchase.

BCS