H&M misses sales target as cost-cutting leaves retailer understocked June 25, 2026 H&M slumped to lower than expected sales and profit as the retailer warned that its cost-cutting drive is leaving some stores unable to keep up with demand. The Swedish-listed firm took 54.8bn kronor (£4.2bn) in sales in the three months to the end of May, flat year on year. Its operating profit jumped by 11 [...]
Ynyshir: Gareth Ward’s shrine to heavy metal cooking June 25, 2026 Years ago, a spoonful of Gareth Ward’s blew her mind, now Carys Sharkey makes a pilgrimage to his two Michelin-starred restaurant Ynyshir Many, many years ago, when I had just finished university and was listlessly waiting around to be headhunted, I supported myself by picking up the occasional hospitality odd job. This was normally hours [...]
‘I have more to do’: Reeves campaigns for Chancellor role under Burnham June 25, 2026 Rachel Reeves said she has “more to do” as Chancellor as she pitched staying in her job to business leaders despite speculation she will be dumped from the role by Andy Burnham. Reeves said she had brought “stability” to the UK economy and added she was “proud” of her record on inflation and growth. The [...]
Johnson & Johnson Advances Cardiac Ablation Technology in Europe with Availability of Dual Energy THERMOCOOL SMARTTOUCH SF Platform June 25, 2026 The Dual Energy THERMOCOOL SMARTTOUCH SF Platform combines pulsed field and radiofrequency energy delivery in a unified and integrated treatment platformi
H.B. Fuller Announces Offer to Acquire Advanced Medical Solutions June 25, 2026 Extends capabilities in attractive, high-growth medical segments Accelerates portfolio mix shift and path to >20% EBITDA margin target Expected to deliver ~$55 million in run-rate synergies
DLE Limited Announces Patent Filing for Ambient-Temperature Diamond Process and Offers Staged Disclosure Framework June 25, 2026 UK-based research and development engineering company DLE Limited today announced the filing of its foundational platform patent on 6 March 2026, covering a proprietary ambient-temperature diamond process. In accordance with standard statutory protocols, the specific details of the filing remain confidential during the initial 18-month regulatory cycle. DLE Limited was established exclusively as a platform [...]
Sixth Street to Become Majority Shareholder of Monument Re June 25, 2026 Sixth Street, a leading global investment firm, today announced that investment vehicles managed or advised by Sixth Street have entered into a definitive agreement to acquire a majority stake in Monument Re (“Monument” or the “Company”), a premier pan-European insurance consolidator, and support the Company’s long-term strategic growth plan. Hannover Re will continue as a [...]
OLX Group continues strong performance as motors, real estate and jobs drive growth June 25, 2026 OLX Group (“OLX”), a global online classifieds leader with nearly 60 million daily listings across seven markets1 and a wholly-owned subsidiary of Prosus, has reported strong financial results for the full year ended 31 March 2026. Strong global revenue growth of 28% (16%)2 year-on-year to $992 million. Adjusted EBITDA increased 53% (38%) year-on-year, with margins [...]
Moonpig embraces tech and upselling as revenue jumps June 25, 2026 Moonpig has credited its tech and upselling capabilities with its rise in revenue, with boosted customer retention and a growing order book. The online card maker recorded a 6.5 per cent rise in revenue in the year ended 30 April, jumping to £373m from £350.1m. Profit before tax swung back to £68.9m from last financial [...]
Defence and immigration help Serco weather outsourcing pressure June 25, 2026 Serco said a boost in defence contracts and higher demand for its immigration services across Europe helped offset delays in its North America business, as it reiterated guidance for the year. The FTSE 250 outsourcing group said revenue for the first six months of the year is expected to rise around three per cent to [...]