Oil prices slide as holiday season ends and China’s economy weighs down prices September 7, 2023 Oil prices have dipped this morning with autumn approaching and expectations of easing jet fuel demand.
British American Tobacco completes long-awaited exit from Russia, just 18 months late September 7, 2023 Around 2,500 people are employed in Russia, where the firm has 75 regional offices and a manufacturing facility.
Rugby World Cup: France, New Zealand and Italy go in Pool A September 6, 2023 A Rugby World Cup group that spans four continents and includes the hosts, three-time winners and a number of difficult challengers, Pool A could be the surprise package. France and New Zealand are favourites to progress to the last eight where they will likely be rewarded with a Test against either Ireland, Scotland or South [...]
Ann Summers: Turnover reaches over £100m as lingerie retailer plots store expansion September 6, 2023 The erotic retailer, which has 88 stores across the UK and Ireland, plans to open four or five more stores in 2024, a new filing posted on Companies House shows.
Fund manager Ashmore sees six per cent profit drop on outflows September 6, 2023 Emerging markets-focused fund manager Ashmore (ASHM.L) reported a six per cent fall in annual profit on Wednesday and assets under management slumped by almost a quarter, as investors sought to curb risk amid choppy financial markets worldwide.
FTSE 100 close: Rising oil prices and struggling housebuilders hit London indexes September 6, 2023 London markets fell early on Wednesday as rising oil prices raised the prospect of continued inflationary pressures.
G7 price cap restrains Russian oil revenues but Kremlin still finding buyers September 6, 2023 Price caps on Russian oil and gas have managed to drive down oil revenues and keep prices in check for consumers, experts suggest.
BP boss Bernard Looney pledges to stick to plans for oil and gas output cuts September 5, 2023 BP boss Bernard Looney says he will not further scale back his energy transition strategy after ceding some ground earlier this year.
Ecora upholds dividend plans even as easing commodity prices weighs down profits September 5, 2023 Ecora Resources has upheld its dividend plans, even as easing commodity prices weighed down the company's bottom line.
Rising star Claire Coutinho faces gruelling start in energy secretary role September 5, 2023 Claire Coutinho has taken over energy policy from Grant Shapps, and faces a highly challenging start to her new role.