Sun shines on Chapel Down as Kent vineyards double harvest October 24, 2018 British winemaker Chapel Down said it has the weather to thank for a record-breaking harvest. The Kent-based winery has more than doubled its previous record take in 2014 as the right weather came in the “right order”. Read more: Winemakers running out of storage space in wake of 'record' harvest Chief executive Frazer Thompson said [...]
Flying high: Boeing sets sights on record-breaking year October 24, 2018 Shares in Boeing rose today as the company said it was on track to deliver a record year of plane sales. It also revised its full-year core earnings forecast to between $14.90 and $15.10 per share, a four per cent increase. Read more: Boeing braced for tariff rises as US-China trade war continues Revenues rose [...]
Trivago cuts advertising as profitability returns October 24, 2018 Hotel search engine Trivago returned to profitability in the third quarter as it cut its advertising spend. The company, which has invested heavily in marketing in the past, said the move follows a broader trend in the market. Read more: Premier Inn expands as owner Whitbread looks to life after Costa Net income was €10m [...]
Straws and cotton buds out as officials warn ocean plastic could outnumber fish October 24, 2018 Plastic straws and cotton buds will be banned under proposals approved by the European Parliament earlier today. The rules, designed to reduce ocean pollution, would ban ten single-use products with readily available alternatives by 2021. Read more: Here's how we tackle the biggest source of microplastic pollution The list includes polystyrene fast-food containers and products [...]
Secret Service intercepts suspicious packages sent to Obama and Clinton as CNN offices evacuated October 24, 2018 US Vice President Mike Pence has blasted "cowardly" attacks as a series of bombs were sent to prominent Democrats and a US news organisation, in an apparent act of terrorism. The Secret Service said it had intercepted two bombs addressed to the homes of former president Barack Obama and 2016 presidential nominee Hillary Clinton. The Florida [...]
Heineken sticks to outlook as it grows beer sales in all four corners of the globe October 24, 2018 Brewer Heineken grew across the globe in the third quarter, helped by good weather in Europe and strong development in the US and South America, it revealed today in a trading update. The brewer kept its forecast for the financial year unchanged after it was revised down in July on the back of weak currencies [...]
FRC calls on firms to account for Brexit impact in annual reports October 24, 2018 The Financial Reporting Council (FRC) has told listed companies to lay out how leaving the EU could impact their business in their financial reports due shortly after Brexit. In an open letter to the UK’s finance directors and audit committee chairs, the FRC said they must clearly identify specific Brexit challenges such as changes in import [...]
Scratch that: John Lewis throws DVD players on the scrapheap as Netflix takes over October 23, 2018 John Lewis has pulled the plug on DVD players as competition from online streaming has decimated demand for physical films. The disk, which became popular in the last decade, fell out of fashion as Netflix invaded British homes. Read more: Why John Lewis' price promise won't deliver profits But those with a broken reader and [...]
Brexit boost: Natwest pledges an extra £2bn to help businesses through EU divorce October 23, 2018 Natwest has tripled its funding to prepare British business for Brexit. The bank has set aside an extra £2bn to support companies which rely on EU exports, labour or foreign exchange rates. Read more: Philips warns no-deal Brexit will hit British manufacturing The bank says it beleives nearly 2,000 of its customers could benefit from [...]
Danish minister says Danske Bank may have misled regulators October 23, 2018 Danske Bank may have knowingly misled investigators looking into the company’s money laundering scandal in Estonia, a Danish minister has revealed. Business minister Rasmus Jarlov said the Danish Financial Supervisory Authority (FSA) is looking into whether the under-fire bank gave it false information. Read more: Regulator blocks Danske Bank's pick for chief exec after €200bn scandal [...]
