DailyMail
-
Two-fifths of FTSE retailers issue profit warnings amid consumer squeeze
A string of well-known London-listed retailers, including Superdry, Dr Martens and B&Q owner Kingfisher, issued warnings over profits in 2023.
-
BUSINESS LIVE: BoE holds base rate; Shell ups dividend; BT earnings top £6bn
Among the companies with reports and trading updates today are Shell, BT, AG Barr, Phoenix Group and GSK.
-
GSK quietly settles another Zantac lawsuit in California
GSK, Britain's second largest pharmaceutical firm after AstraZeneca, said the settlement came from a 'desire to avoid the distraction related to...
-
BT Group price hikes lift profits above £6bn
The telecoms giant reported adjusted turnover increased by a better-than-expected 3 per cent to £5.3billion in the three months ending December,...
-
We're here to stay, declares GSK boss Walmsley: Pharma giant bucks London exodus trend
In a welcome vote of confidence in the City, GSK boss Emma Walmsley (pictured) said the group was 'very happy where we are'.
-
Investors pull £8bn out of woke ESG funds amid greenwashing backlash
Blackrock boss Larry Fink (pictured), was once at the forefront of the ESG movement but said last year that he had stopped using the term.
-
US Tech giants Google and Microsoft see £130bn wiped off their value
Google owner Alphabet's shares fell 6%, cutting its value by almost £100bn. Microsoft fell around 1% - making a £30bn dent in the firm's hefty...
-
Santander cautious about offering cheaper mortgages amid doubts over rate cuts
Earlier this month, Spanish-owned Santander bucked the trend by raising rates on a number of its fixed rate mortgage deals.
-
Tata Steel bosses under fire over the loss of 2,800 jobs at the Port Talbot plant
Labour MP Stephen Kinnock (pictured), whose constituency includes the steelworks, accused it of 'bluffing' the Government to secure a better deal.
-
Microsoft and Alphabet AI arms race costs spiral to $22.5bn
Microsoft and Alphabet shares were trading lower at the open in the US on Thursday as investors weigh booming sales against the tech giants'...
-
Europe avoids recession for now despite GDP stagnating in final quarter of 2023
The Euro Area successfully avoided a recession in 2023 after Britain's biggest trading partner reported flat GDP growth for the final quarter of...
-
BUSINESS LIVE: GSK boosted by RSV vaccine; H&M boss exits; Hercules launches construction academy
Among the companies with reports and trading updates today are GSK, Hercules Site Services and Banco Santander.