Supermarket inflation: Falling oil prices help keep costs down at the till May 6, 2026 Thank goodness for the price of oil. No, not Brent crude – the stuff that has sent costs at the pump up sharply since the outbreak of war in Iran – but cooking oil. A 500ml bottle of rapeseed oil fell by an average of 14 per cent between April and May across three supermarkets [...]
KPMG faces staff uproar as job cuts expose communication breakdown May 6, 2026 Big Four audit firm KPMG is facing something of an internal comms meltdown, City AM understands, amid complaints of a lack of communication during a ‘mismanaged’ redundancy round. In late March, it was reported that KPMG UK was set to axe more than 500 staff in the latest redundancy round at the Big Four giant. [...]
A bank tax hangs in the balance at the local election ballot May 6, 2026 As speculation of a leadership challenge – or sweeping reshuffle – surrounds the forthcoming local elections, in this week’s column Samuel Norman looks at what a change in Chancellor would mean for the banking sector. It is no secret that Thursday’s local elections carry a weight far heavier than the fate of a few neighbourhood [...]
IFF Reports First Quarter 2026 Results May 5, 2026 Delivered solid top and bottom line Q1 results Progressing disciplined sale process for Food Ingredients business Reaffirms Full Year 2026 Financial Guidance
Logitech Announces Q4 and Full Fiscal Year 2026 Results May 5, 2026 Strong FY 2026 Demonstrates Strategy and Operating Principles Are Delivering
IGI Reports First Quarter of 2026 Unaudited Financial Results May 5, 2026 International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today reported financial results for the first quarter of 2026. Highlights for the first quarter of 2026 include: (in millions of U.S. Dollars, except percentages and per share information) Quarter Ended March 31, 2026 2025 Gross written premiums $197.2 $206.5 Net premiums [...]
KBRA Assigns Preliminary Ratings to GS Mortgage-Backed Securities Trust 2026-IRRP1 DAC May 5, 2026 KBRA Europe (KBRA) assigns preliminary ratings to six classes of notes to be issued by GS Mortgage-Backed Securities Trust 2026-IRRP1 DAC, a static RMBS securitisation collateralised by predominantly reperforming mortgage loans. As of 31 March 2026, the underlying collateral is a €459.7 million portfolio consisting of €451.2 million seasoned first lien performing and reperforming mortgages [...]
Cloudflare Named a Leader in Edge Development Platforms Report by Independent Research Firm May 5, 2026 Cloudflare receives the highest possible scores in 12 criteria, including Vision, Innovation, Roadmap, and AI Application Development
Coinbase to slash 14 per cent of workforce amid AI impact and market volatility May 5, 2026 Crypto exchange Coinbase is planning to cut 14 per cent of its workforce just two days head of its next earnings report, citing a need to manage costs amid ongoing market volatility and advances in AI. Chief executive Brian Armstrong said on Tuesday that AI was speeding up certain processes meaning fewer employees were required [...]
Jim Ratcliffe warns Britain’s energy policy is ‘all over the place’ as Ineos explores North America with Shell May 5, 2026 Europe and the UK’s approach to energy policy is “all over the place” and eroding the region’s security and growth prospects, Jim Ratcliffe has said in an announcement confirming Ineos’s plans to expand its oil and gas operations in the Gulf of Mexico. In a statement announcing Ineos’s fresh investment in the US alongside Shell, [...]