ECB’s rate hikes bring down inflation, but growth falls as bloc faces recession October 31, 2023 The European Central Bank's (ECB) interest rates hikes have helped to bring down inflation across the bloc, but the costs are becoming clear as growth contracted in the third quarter.
BP’s profit slump points to falling gas prices, but does not explain sluggish shares October 31, 2023 BP missed analyst expectations with a heavy decline in third quarter profits, but there are bigger questions over its share price.
Here are the top banks most impacted by fraud — and worst at reimbursing their customers October 31, 2023 APP scams, which involve the victim making the payment themselves, accounted for 40 per cent of fraud losses in 2022.
FTSE 100 close: London pares gains as BP slump offsets inflation hope October 31, 2023 London's FTSE markets climbed on Tuesday morning as investors received another boost from falling food inflation but oil giant BP slumped after a poor set of results.
Stellantis: Vauxhall and Peugeot owner’s sales jump despite £2.6bn strikes hit October 31, 2023 Stellantis revenues rose seven per cent in the third quarter despite a collosal multibillion hit from strike action in the US.
AB Inbev: Budweiser maker backs guidance despite falling volumes October 31, 2023 The drinks giant said that volumes fell by 3.4 per cent, with demand in other regions offset by falls in America and Europe.
Coca-Cola HBC reports strong growth despite fluctuating volumes in Russia and Ukraine October 31, 2023 Chief executive Zoran Bogdanovic said the company continues to invest in its future with a "clear" focus.
IG Group slashing 10 per cent of its workforce in cost-cutting drive to save £50m yearly October 31, 2023 The job cuts make up around 10 per cent of IG Group's total workforce at the end of the 2023 financial year.
Leicester City’s Hamza Choudhury spoken to by club after ‘from the river to the sea’ post October 31, 2023 Footballer says he had "unfortunately been misinterpreted. It was and is not my intention to cause offence".
BP posts hefty £2.7bn earnings but misses estimates amid falling gas prices October 31, 2023 Energy giant BP has posted hefty third quarter earnings of £2.7bn ($3.3bn) this morning, fuelled by robust fossil fuel trading and soaring oil prices.
