Currys shares soar to 14-month high after electrical retailer raises profit guidance May 14, 2024 Electrical retailer Currys has raised its earnings guidance for the last financial year, expecting a smaller dip in profit compared to the previous year as it enjoyed a return to sales growth in 2024.
Exiled Hong Kong activist: HSBC ‘short-sighted’ for lobbying Sunak to ease China crackdown May 13, 2024 A leading Hong Kong pro-democracy activist has called major firms like HSBC and Standard Chartered "short-sighted" for lobbying the UK government to ease its planned clampdowns on China.
FTSE 100 today: London markets set to hold strong in bull rally ahead of UK jobs data May 13, 2024 Asian markets started cautiously, while China's CPI rose for the third month. Investors now await US inflation data and Walmart's earnings.
Week ahead: Vodafone, BT and Burberry earnings in focus as crucial US inflation reading looms May 12, 2024 Earnings from Vodafone, BT and Burberry take centre stage in the City's corporate diary this week, alongside a crucial inflation reading across the pond that could put the brakes on the FTSE 100’s record rally.
Standard Chartered chair bemoans share price but rules out ditching primary London listing May 10, 2024 Standard Chartered's top brass has once again bemoaned its weak share price but ruled out moving its primary listing from London.
Selfridges to make redundancies at London HQ and hits out at ‘absence of a tax-free shopping’ May 9, 2024 Luxury department store Selfridges is to make around 70 redundancies at its London head office.
Three UK boss says Vodafone merger is ‘vital’ to offset investment costs May 9, 2024 Boss Robert Finnegan said it was a "solid start to the year," but the company continues to be "impacted by inflationary pressures".
FTSE 100 today: London markets set to open higher before BOE policy decision; all eyes on rate cut clues May 9, 2024 Asian markets mirrored Wall Street's mixed performance, with oil prices surged. All eyes were on the Bank of England's policy decision.
Volkswagen boss: The EV sales slump is ‘not the end of the world’ May 8, 2024 A recent slump in electric vehicle sales shouldn't concern the automotive sector, VW's brand chief Thomas Schäfer has said.
Nissan chief warns China’s EV car market is a ‘survival game’ May 7, 2024 Nissan boss Makoto Uchida has described the Chinese market as a “survival game” after the Japanese carmaker cut its estimates for car sales in February