Shein continues to face copycat claims as it plots US listing February 2, 2024 Fast fashion giant Shein has reportedly been accused of breaching its own legal settlement and continuing to sell copycat products despite saying it would stop.
Investment in London hotels sinks to lowest in a decade – but rate cut prospect boosts confidence February 2, 2024 In January, Starwood Capital acquired the 10-hotel Radisson Edwardian portfolio for a reported £800m, most of which is in central London.
Meta issues first divi and expands buyback after bumper quarter February 2, 2024 Meta last night said it was closing in on one of its best years yet with a jump in revenue as the multinational tech giant continues its "longer-term" push into AI and virtual reality.
Revolution Beauty ‘contests’ allegation made against it by former shareholder February 2, 2024 Scandal-stricken makeup firm Revolution Beauty has said it contests allegations made against it by a former shareholder Chrysalis investments.
Wizz Air stock surges 10 per cent as passenger numbers take off February 2, 2024 Wizz Air’s passenger numbers surged in January, growing 14.2 per cent from last year, as the airline’s level of pollutants grew almost twice as fast as its passengers. In a stock exchange notice today, the airline said throughout the month, it carried 4,740,815 passengers. The firm’s stock price is up 10 per cent this morning. [...]
Have you seen him? DON’T approach him: Manhunt continues for suspect in Clapham substance attack February 2, 2024 Police are continuing their search on Friday for the suspect in the alkaline substance attack which left a girl and her mother with potentially life-changing injuries. Abdul Ezedi, 35, from the Newcastle area, who was described by Metropolitan Police Superintendent Gabriel Cameron as having “significant injuries to the right side of his face”, was last [...]
Apple: China takes a bite out of numbers but tech giant beats consensus February 2, 2024 Apple missed sales estimates in China but held on to profits elsewhere, it told its investors on Wall Street last night
January sales fail to impress shoppers as London footfall disappoints February 2, 2024 January was another disappointing month for London retailers as shoppers steered clear of the high street. A new report by the British Retail Consortium (BRC) showed footfall across the capital declined by 1.7 per cent at the start of the month. This has widened from a fall of 1.4 per cent recorded in December. With [...]
Fried chicken and Parker pens: A day at Labour’s business bonanza February 2, 2024 “I think this is the only job where you can get some positive press just by eating a few prawn cocktails and having some nice dinners.”
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.