Is the US heading towards another regional banking crisis? February 8, 2024 US regional banks are back in the headlines amid fears that very recent history is repeating itself.
Maersk shares plummet amid ‘high uncertainty’ of Red Sea shipping disruption February 8, 2024 Maersk shares plummetted over 14 per cent this morning after the container shipping giant flagged "high uncertainty" in the Red Sea.
Revolution Beauty targets £1bn sales, leaving string of scandals behind February 8, 2024 Lauren Brindley, Revolution Beauty's newly appointed chief and former Boots executive, is set to inform investors about its business strategy at a capital markets event taking place today.
Disney: Bob Iger’s Fortnite pivot pays off as attention turns to its streaming arm February 8, 2024 Disney beat expectations in its most recent quarter as it forays into the lucrative gaming market with a $1.5bn investment in Epic Games.
Labour set to scrap £28bn green investment pledge today February 8, 2024 Labour leader Sir Keir Starmer is today set to scrap the party's £28bn green investment pledge after weeks of speculation.
Unilever: Analysts say ‘elephants don’t gallop’ after disappointing performance February 8, 2024 Consumer giant Unilever has shuffled more than half of its senior team in the last four months
Astrazeneca shares plummet despite FTSE 100’s biggest firm posting revenue boost February 8, 2024 Astrazeneca said excluding coronavirus, its total sales increased by 15 per cent, as its chief executive predicted "double digit earnings" for the year ahead.
Watches of Switzerland: Firm ‘encouraged’ by tourist tax review as UK market underperforms February 8, 2024 Luxury retailer Watches of Switzerland is continuing to feel the pinch from rich shoppers scaling back and the damage wrought by the so-called ‘tourist tax’. In an update this morning, the Rolex seller said group revenue declined by one per cent to £397m in the third quarter, and in the UK and Europe it fell [...]
British American Tobacco slumps to £15.7bn loss as higher impairment charge on US brands wipes out profit February 8, 2024 British American Tobacco has said the size of its writedown on the value of its US brands has increased to £27.3bn.
Gaucho and M owner delivers juicy growth again despite consumer fears February 8, 2024 THE RESTAURANT group behind Gaucho and M consolidated a bumper post-pandemic year in 2022 with double digit profit growth in 2023
