Morgan Stanley: Profit hit by $500m in one-time charges but investment bank shines January 16, 2024 Morgan Stanley's profit missed analysts' estimates in the fourth quarter as it was hit by more than $500m (£395m) in one-time charges which offset a stronger performance from its flagship investment bank.
Top new restaurant openings in London you can book right now January 16, 2024 There are dozens of new restaurant openings in London – Alex Dalzell has the lowdown on 12 spots that should be on your radar.
Why Suez Canal disruption may not have a huge impact on inflation January 15, 2024 Disruption in the Suez Canal has caused widespread concern over the impact on inflation. However, the cause of those fears might not be justified.
Will Jane Fraser’s bold plan to overhaul Citigroup work? January 15, 2024 Citigroup, the US’ third-largest bank by assets, is eyeing a rebound in 2024 with a major restructuring under Scottish chief executive Jane Fraser.
Fragrance Direct predicts return to growth after ‘challenging year’ January 15, 2024 Fragrance Direct has said it expects its performance to improve over the coming months after blaming its fall in sales on a number of factors including the cost-of-living crisis.
Sunak’s climate rowback depends on an anti-net zero populism that may not exist January 15, 2024 If the prime minister is hoping to build an electoral coalition out of the so-called anti-net zero populist section of the Tory Party, he may end up disappointed, writes Eliot Wilson.
Ocado: Are price cuts and M&S magic enough to help shares recover? January 14, 2024 Ocado will update investors on its fourth quarter trading on Tuesday, to see if a barrage of price cuts has managed to win over more customers amid the cost of living crisis. The supermarket technology business, which owns an online grocery venture with Marks and Spencer, enjoyed big wins during the pandemic but has struggled [...]
Five takeaways as Israel-Hamas conflict reaches 100-day mark January 13, 2024 Sunday January 14 marks 100 days that Israel and Hamas have been at war.
Vistry: Mortgage rates buoy housebuilder as profits top expectations January 12, 2024 Housebuilder Vistry said it was “optimistic” on recent cuts to mortgage rates today as it revealed it topped profits expectations last year. In a trading update this morning, the FTSE 250 housebuilder said pre-tax profits for 2023 were ahead of its previous guidance and in line with last year at £418m. The group also slashed [...]
RAF launches strikes in Yemen in retaliation for Houthi Red Sea shipping attacks January 12, 2024 Yemen: The RAF, in concert with the Americans, have launched strikes on Houthi rebel facilities in an effort to bring to an end Red Sea shipping disruption