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Business

US banks blame ‘abusive trading practices’ for crisis of confidence

The main lobby group for US banks has appealed for regulators’ help to close the door on the crisis of confidence ripping through shares...

by admin May 5, 2023
US banks blame 'abusive trading practices' for crisis of confidence
Business

BA owner raises profit guidance as it sees capacity at 97% of pre-pandemic level

The parent company of British Airways has raised its forecast for annual operating profits due to stronger bookings, saying it expects capacity to be...

by admin May 5, 2023
BA owner raises profit guidance as it sees capacity at 97% of pre-pandemic level
Business

iPhone sales buck falling electronics demand trend

Apple has beat Wall Street expectations and market trends in reporting increased iPhone sales in its second quarter results. Both revenues and profits were...

by admin May 5, 2023
iPhone sales buck falling electronics demand trend
Business

Average first time buyer paying nearly £200 more a month than a year ago

First time buyers are paying an average of nearly £200 extra a month compared to a year ago, according to research from a UK...

by admin May 5, 2023
Average first time buyer paying nearly £200 more a month than a year ago
Business

More US banks under pressure as Fed faces rate hike backlash

Another US regional lender has revealed talks to shore up its finances and a further has had its share price was clobbered amid the...

by admin May 4, 2023
More US banks under pressure as Fed faces rate hike backlash
Business

RMT members back further strike action in row with train operating companies

Members of the biggest rail workers union have voted to renew their mandate to strike during the next six months in the long-running dispute...

by admin May 4, 2023
RMT members back further strike action in row with train operating companies
Business

Shell hands £4.7bn to shareholders as quarterly profits beat forecasts

Shell has revealed it is handing a further $6bn (£4.7bn) to shareholders after its latest quarterly profits beat its own forecasts. The oil and...

by admin May 4, 2023
Shell hands £4.7bn to shareholders as quarterly profits beat forecasts
Business

Heathrow Airport passengers warned of possible disruption as security workers begin new strikes

Heathrow travellers are being warned they could face disruption as security officers begin a new series of strikes today. Staff who are members of...

by admin May 4, 2023
Heathrow Airport passengers warned of possible disruption as security workers begin new strikes
Business

US interest rates rise higher despite continued banking turmoil

The Federal Reserve – the US central bank, known as the Fed – has increased interest rates for the tenth time in a row...

by admin May 3, 2023
US interest rates rise higher despite continued banking turmoil
Business

Climate protesters use Spice Girls and Shakespeare disrupt Barclays AGM

Shakespeare and the Spice Girls were used by environmental protestors to repeatedly disrupt the Barclays annual general meeting (AGM) in central London on Wednesday...

by admin May 3, 2023
Climate protesters use Spice Girls and Shakespeare disrupt Barclays AGM
Business

FCA launches consultation paper to shake up stock exchange listing rules

The UK financial watchdog will announce plans to change the rules on bringing companies into public ownership after a series of high profile businesses...

by admin May 3, 2023
FCA launches consultation paper to shake up stock exchange listing rules
Business

Prezzo braces for landlord showdown over restaurant closures

Prezzo, the high street restaurant chain, is bracing for a court showdown with landlords over the closure of a third of its sites. Sky...

by admin May 2, 2023
Prezzo braces for landlord showdown over restaurant closures
Business

BP makes $5bn profit in first quarter as it steps up shareholder rewards

BP made profits of $5bn (£4bn) in the first quarter of the year, as the rewards for shareholders are being stepped up. Underlying replacement...

by admin May 2, 2023
BP makes bn profit in first quarter as it steps up shareholder rewards
Business

Food inflation hits another record high as pressure mounts on home finances

Food prices increased by a record high of 15.7% last month as pressure continues to mount on household finances. Fresh food prices saw a...

by admin May 2, 2023
Food inflation hits another record high as pressure mounts on home finances
Business

European e-scooter giant Tier Mobility maps route to merger

Tier Mobility, the electric scooter group, is exploring a potential sale or merger with a rival as investors push operators to seek consolidation opportunities...

by admin May 1, 2023
European e-scooter giant Tier Mobility maps route to merger
Business

First Republic: JP Morgan to take over assets after lender becomes fourth to fail in two months

US bank First Republic’s assets will be taken over by JP Morgan after it became the third American lender to fail in two months....

by admin May 1, 2023
First Republic: JP Morgan to take over assets after lender becomes fourth to fail in two months
Business

Vue screens former Rank chief Birch for boardroom post

Vue International, the independent cinema giant, will this week name the former boss of Very, the online shopping group, to its board. Sky News...

by admin April 30, 2023
Vue screens former Rank chief Birch for boardroom post
Business

Manchester United sale: Sheikh Jassim’s £5bn bid could make it the most expensive club in the world

Manchester United could become the most expensive sports team in the world, after a Qatari businessman entered a record-breaking offer as the bidding window...

by admin April 29, 2023
Manchester United sale: Sheikh Jassim's £5bn bid could make it the most expensive club in the world
Business

‘Bombed-out valuations’ still a worry for the City despite ‘encouraging’ Deutsche Bank takeover of Numis Securities

For some time now, the City has been doing some soul-searching over its future. There was a lot of speculation around the time of...

by admin April 28, 2023
'Bombed-out valuations' still a worry for the City despite 'encouraging' Deutsche Bank takeover of Numis Securities
Business

Superdry in advanced talks to fashion £15m cash call

The fashion retailer Superdry is in advanced talks about a near-£15m share sale as it races to shore up its balance sheet amid tough...

by admin April 28, 2023
Superdry in advanced talks to fashion £15m cash call
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Recent Articles
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World News
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