Nickel prices rise to 10-year highs as car giants embrace electric vehicles January 12, 2022 Nickel prices surged to decade-highs on Wednesday, as car giants scramble to secure supplies for electric vehicle batteries as the market booms.
Philips’ shares plummet amid supply chain woes and mass recall of ventilators January 12, 2022 Shares in Dutch conglomerate Philips plummeted 14.2 per cent, after it warned earnings would suffer from supply chain chaos.
Opinion-in-brief: Labour’s call for a windfall tax reminds of Blairite times January 12, 2022 Emboldened by improved polling results and a government embroiled in scandals, Labour has proposed a £1.2bn windfall tax on offshore North Sea oil and gas companies – which it thinks could help shave £200 off average energy bills. UK households are potentially facing a £700 hike bills when the consumer price cap is updated in [...]
Dunelm revels in sales growth and anticipates full-year profits ahead of market expectations January 12, 2022 Dunelm expects full-year profits before tax to be "materially ahead" of expectations after strong second-quarter sales.
JD Sports expects to beat profit expectations following Black Friday and Christmas sales January 12, 2022 JD Sports expects full-year profits to beat expectations following improved trading performance over Black Friday and Christmas.
Hungry for more: Just Eat boosts orders by 33 per cent as it targets route to profitability January 12, 2022 Just Eat Takeaway.com (Just Eat) grew 33 per cent to 1.1 billion orders in 2021 with the pandemic boosting sales across online marketplaces.
Centrica boss on the energy crisis: High gas bills are here to stay January 12, 2022 Brits have been told the energy crisis may last for two years, according to Centrica’s chief executive Chris O’Shea. O’Shea said “the market suggests” high gas prices will continue “for the next 18 months to two years”. He said the high demand for gas was partly being driven by a move away from coal and [...]
Petrol prices drop to lowest levels since November after record-breaking surge January 12, 2022 Petrol prices have fallen to their lowest levels since November, with the costs of both unleaded petrol and diesel dropping over the past week.
Glencore wraps up acquisition of thermal coal mine as Anglo American and BHP exit joint venture January 11, 2022 Glencore has completed its acquisition of thermal coal mine Cerrejón as its joint venture partners divest from the project.
Bulb Energy unable to hedge against rising wholesale prices due to credit issues, says administrator report January 11, 2022 Bulb Energy dropped into administration because it was unable to hedge effectively against surging wholesale energy prices.
