Morgan Stanley profit dips as struggles with investment banking slowdown continues October 18, 2023 Morgan Stanley reported a fall in profit as an increase in bad loan provisions and a higher wage bill offset a strong performance from the bank's wealth management arm.
Jump in business rates could be ‘final nail in coffin’ for many pubs and shops, sector warns October 18, 2023 The chief executive for UKHospitailty said the latest inflation reading and could be a “final nail in the coffin" for many businesses
Lithia set to snap up Pendragon after Autonation drops bid October 18, 2023 Autonation has pulled out of the race to acquire UK car dealership Pendragon, clearing the way for US-based Lithia Motors to takeover the firm's UK motor business.
HSBC cracks down on texting as regulators probe unauthorised communications October 18, 2023 The texting ban will reportedly apply across the firm, with HSBC already having blocked staff from using WhatsApp on work phones.
Musk’s X to test $1 annual subscription for basic features October 18, 2023 Social media platform X, formerly known as Twitter, said on Tuesday it will test a new subscription model under which it will charge $1 annual fee for basic features.
China’s GDP growth in third quarter shows economic recovery gaining traction October 18, 2023 Rapidly weakening growth in the world's second-biggest economy since the second quarter prompted authorities to step up their support steps.
London rental prices clock biggest monthly bump since records began October 18, 2023 Data released by the Office for National Statistics (ONS) on Wednesday showed rental prices in London increased by 6.2 per cent in the year to September, up from 5.9 per cent in August.
Steady inflation should not set alarm bells ringing at the Bank of England — yet October 18, 2023 After the excitement of August's surprise drop in inflation, September's figures cannot help but feel a bit disappointing.
Ryanair’s O’Leary launches tirade against NATS after ’tissue of lies’ on air traffic failure October 18, 2023 Ryanair's chief executive Michael O'Leary has launched a tirade against the boss of NATS over August's air traffic control failure.
Bitcoin price is up despite a cooling crypto market October 18, 2023 Bitcoin continues to gain ground and is trading for roughly $28.6k, up 1.9% over 24 hours and more than 5% over seven days. Ethereum (ETH) is down by 0.9% on the day but is clinging to its 1% gains over a seven-day period. The frantic trading activity in the Bitcoin market over the last few [...]