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      ‘It will reduce jobs’ – Jamie Dimon sounds off on AI’s impact on banks

      Jamie Dimon caution echoes a recent alert from the Bank of England’s Financial Policy Committee (FPC) on Wednesday, which highlighted stretched valuations in AI-focused tech companies.

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retail stocks

  • Reckitt Benckiser: Dettol, Durex and Gaviscon drive growth but America lags

    Retail

    Consumer goods giant Reckitt Benckiser has reported an uptick in profit driven by its core brands and emerging markets despite a slowdown in North America. Group revenue at the company rose by 1.1 per cent in the first quarter of the year. This growth was driven by emerging markets China and India, where like-for-like revenue [...]

    Reckitt, the owner of brands such as Dettol, has struggled with growth headwinds over the past two years

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