Toyota share price jumps as profits rise 155 per cent on record car sales November 1, 2023 Toyota’s shares rose over five per cent on the Tokyo stock exchange this morning after profits at the world’s biggest carmaker more than doubled. Quarterly operating profits came in at ¥1.4trn (£7.61bn), rising over 155 per cent on the prior year on improved global supply chains. The Japanese automaker lifted its annual profit forecast to [...]
Asos chief: We’ll ‘reignite our brand heat’ to turn firm around November 1, 2023 Despite a fall in earnings, Asos said it is on track to deliver revenue growth of pre-COVID levels by the 2025 financial year.
Rinse, repeat: Next upgrades profit guidance yet again November 1, 2023 High street bellwether Next continues to defy headwinds in the UK economy
Earls Court regeneration scheme gets £6bn climate tech boost November 1, 2023 The former Earls Court exhibition site is set to receive a whopping £6bn investment to build a host of new offices and development space centred around the climate tech sector. Some 2.5 million square feet of workspace and lab-enabled offices are set to be built on the derelict exhibition centre, with the first slew of [...]
Cummings’ insults are petty distraction from grim lockdown lessons November 1, 2023 The originator of the phrase is lost to the vagaries of time, but talk to enough people in the pubs of Westminster about the inner workings of British politics and sooner or later someone will offer it up.“The only difference between Westminster and The Thick of It,” they’ll say, referring to the foul-mouthed BBC comedy, [...]
West End makes fresh calls for end to tourist tax ahead of ‘make or break’ festive period October 31, 2023 New West End Company forecasts up to £1.64bn in spending this festive season — but it may be up to international shoppers to take the wheel.
Airlines feel the pinch from aircraft rental costs October 31, 2023 Airlines are feeling the pinch from soaring aircraft rental costs, as delays at Boeing and Airbus collide with resurgent demand for travel.
Why Vodafone’s Spain selloff has failed to impress investors and has them bidding adios October 31, 2023 Vodafone's sale of its Spanish business will fail to help reverse its fortunes, analysts say, as the company's share price fails to budge.
Blank Street: How the New York coffee chain plans to take over London October 31, 2023 City A.M. sits down with the UK managing director of Blank Street to hear how it plans to dominate London'scoffee market.
UK minister: Include China in AI summit for ‘safety of species’ October 31, 2023 China needs to be involved in discussions at the AI safety summit, the UK’s minister for artificial intelligence (AI) has said.