Good timing: Watches of Switzerland’s revenues rise amid resurgent consumer appetite for luxury goods December 9, 2021 Watches of Switzerland has reported a 44.6 per cent year-on-year rise in revenues, as consumer appetite for luxury goods returns post-lockdowns.
UK exports to provide £176bn boost despite supply chain challenges December 9, 2021 UK manufacturing exports will bring in £176bn to the domestic economy, according to new research from financial giant Barclays.
Oil prices steady despite looming pandemic restrictions December 8, 2021 Oil prices remain steady despite reports of key markets potentially introducing more pandemic restrictions ahead of Christmas.
Trafigura revels in record $3.1bn profits amid global supply chain disruptions December 8, 2021 Commodities specialists Trafigura enjoyed company record profits of $3.1bn as demand for metals and oil increased alongside supply chain issues.
Sureserve snaps up efficiency specialists CorEnergy in £7.5m deal December 8, 2021 Sureserve has acquired efficiency consultants CorEnergy (Cor) for £7.5m - boosting its renewables expertise and range of services.
Games Workshop’s shares take wild swings after underwhelming profit update December 8, 2021 Games Workshop’s shares fell over five per cent this morning after it forecast minimal profit growth amid higher carriage costs and staff expenditure.
Centrica to sell Spirit Energy’s Norway assets in $1bn deal as it looks to decarbonise portfolio December 8, 2021 Spirit Energy is selling its Norwegian oil and gas production business and its Statfjord field in a deal worth over $1bn in cash.
TUI rebounds as restrictions ease after heavy pandemic losses December 8, 2021 TUI has enjoyed strong summer trading amid easing pandemic restrictions - even if it has a long way to go to turn around huge annual losses.
Government set to step in as carbon price mechanism is triggered after market rally December 7, 2021 Ministers could step in to reduce the costs polluters pay for emissions permits after carbon allowances increased by 50 per cent in November.
SSE defends renewables plan after activist calls for governance changes December 7, 2021 SSE has hit back at continued criticism from activist investor Elliott Management (Elliott) over its renewables plans.