BAT braces for shift to vaping amid tough US market February 4, 2024 Lucky Strike owner British American Tobacco is due to report its full year results on Thursday amid a switch to non-combustible products.
Novo Nordisk boss ‘surprised’ by European demand for weight-loss drugs February 4, 2024 Novo Nordisk has found a "very high willingness" among Europeans to pay for weight-loss drugs, its boss has said.
City Trump fan lawyer selected for Tory safe seat in Surrey February 2, 2024 An associate at the London office of US law firm White and Case has been selected as the Conservative candidate for Epsom and Ewell. Mhairi Fraser will represent the Tory party as a prospective parliamentary candidate in the next general election. She will stand in one of the strongest Conservative areas in the country as [...]
Jaguar Land Rover: What’s driving record sales at JLR as profits pass milestone? February 2, 2024 Jaguar Land Rover posted its highest quarterly profits since 2017 as its sales hit a new record, it has been revealed.
China and climate funds were the biggest losers of January as tech stays strong February 2, 2024 China funds were the worst performing category of any fund in January, while the strength of the tech sector continued to shine. Throughout last month, the average China fund lost 9.2 per cent of its value, followed by UK index linked gilt funds, which lost 5.9 per cent, and Latin American funds, which lost 4.4 [...]
Ex-head of Dentons’ Saudi operations files London lawsuit against the firm February 2, 2024 The former managing partner of the Saudi office of the largest law firm in the world, by size, has filed a lawsuit in London, seven years after he left the firm. Amgad Husein led Dentons’ Saudi Arabia operations while he was at the firm between 2007 to 2017. While there, his work primarily focused on [...]
EP: 250 Sandown, Musselburgh & Hong Kong February 2, 2024 The Grade 1 Scilly Isles Novices’ Chase is the feature race at Sandown on Saturday afternoon with the marathon Edinburgh National highlighting the card at Musselburgh. We also look at some of this weekend’s main races at Leopardstown’s Dublin Racing Festival. City AM Racing editor Bill Esdaile previews the best of this weekend’s racing action, [...]
Property giant Bruntwood makes worst loss in its near 50-year history February 2, 2024 Property giant Bruntwood has slumped to its worst losses in its near 50-year history, it has been revealed.
FTSE 100 today: London markets likely to rise on heels of Wall Street’s tech rally February 2, 2024 A tech rally ignites global stocks: Meta soars 15%, while Amazon climbs 7%. Apple drops 3% amidst market turbulence, while oil prices surge. Focus now shifts to U.S. Non-Farm Payrolls.
Tech giants Meta and Amazon drive tech rally; Apple suffers from China woes February 2, 2024 Meta surged 15% post-market on strong revenue, dividend, and a $50 billion buyback; Amazon rose 7% on solid earnings and AWS growth; however, Apple fell 3% on a China sales miss and revenue forecast drop.