Smiths: Arm making X-ray machines for airports has strong quarter as revenue guidance lifted, share price up May 19, 2023 Engineering company Smiths Group has upped its guidance after the company’s unit that makes X-ray machines for airports saw a strong quarter. The business said it now expects 10 per cent organic revenue growth this financial year. It comes as revenue rose by 13.4 per cent in the nine months to the end of April, [...]
Europa Conference League: UEFA to investigate after AZ Alkmaar fans confront West Ham players’ families May 19, 2023 UEFA is expected to launch an investigation into the trouble that marred West Ham’s Europa Conference League semi-final victory at AZ Alkmaar, with Dutch police saying there have been no arrests yet. Pablo Fornals’ injury-time winner, that earned a 3-1 aggregate success and sent them to next month’s final in Prague, prompted a gang of [...]
Bitcoin wallet address milestone is something to smile about May 19, 2023 Not in Miami, Jason Deane rounds up the week as he highlights what's going well for Bitcoin and not so well for Vladimir Putin.
Shares in Magners maker C&C slump 17 per cent after leadership shakeup and botched software upgrade May 19, 2023 Shares in beer and cider brewer C&C slumped today as the firm said plans to upgrade software at a subsidiary hit big obstacles, forcing a leadership shakeup. Shares in C&C, which makes Magners and Bulmers, were down nearly17 per cent on Friday morning. The company said it has encountered “significant challenges” when rolling out new [...]
The Smiths’ bassist Andy Rourke dies aged 59, Johnny Marr leads tributes May 19, 2023 The Smiths’ bassist Andy Rourke has died aged 59, his former bandmate Johnny Marr has said. A post on Marr’s Twitter account said on Friday morning: “It is with deep sadness that we announce the passing of Andy Rourke after a lengthy illness with pancreatic cancer. “Andy will be remembered as a kind and beautiful [...]
FTSE 100 close: London markets round off the week higher as investors boosted by improved consumer confidence May 19, 2023 Markets closed higher on Friday as investors were boosted by an increasingly positive consumer outlook in the UK. The capital’s premier index jumped 0.40 per cent to 7,773.80 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, remained roughly steady at 19,300.04 points. Investors were [...]
Russia blood diamonds are latest Kremlin sanction from UK as Sunak goes after 86 more Putin-linked individuals May 19, 2023 Britain is banning Russian diamonds in a new wave of sanctions to pressure Vladimir Putin over his invasion of Ukraine as Rishi Sunak warns allies against complacency at the G7 summit in Japan. The Prime Minister announced the new measures against Russia, also including a prohibition on imports of Russian-origin copper, aluminium and nickel on [...]
Stocks on Wall Street rise despite hint Fed’s rate hikes may NOT be over May 19, 2023 Stocks rose again on Thursday after more companies reported better profits than expected, while yields climbed after a Federal Reserve official cautioned the end to its interest-rate hikes may not arrive as soon as Wall Street hoped. The S&P 500 gained 0.9 per cent , adding to its rally from the day before as hopes [...]
Consumer confidence continues to recover as double-digit inflation fails to deter Brits from splashing cash May 19, 2023 Consumer confidence in the year ahead is continuing to recover despite persistent cost-of-living pressures, a long-running survey suggests. GfK’s Consumer Confidence Index rose by three points in May to minus 27, the fourth monthly increase in a row from January’s minus 45. Confidence in personal finances over the coming 12 months saw a “robust” five-point [...]
Nationwide hands out £340m to customers as it reports 40 per cent profit boost from higher interest rates May 19, 2023 Nationwide’s profit jumped in 2023 as the building society became the latest firm to benefit from higher interest rates. The building society’s pretax profit climbed nearly 40 per cent to £2.2bn from £1.6bn last year despite a slight increase in costs. Nationwide’s net interest margin, the difference between what it pays out and receives in [...]
