Latest in One in five UK listed companies warned on profits in 2024 as costs rise
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Microsoft Is One of the Companies Eyeing TikTok, Trump Says
‘I like bidding wars because you make your best deals,’ Trump said as he spoke to reporters aboard Air Force One.Inc. - 13h -
Trump says Microsoft is one of the companies eyeing TikTok
President Donald Trump says Microsoft is among the U.S. companies looking to take control of TikTok to help the popular app avert an effective ban that could kick-in in AprilABC News - 1d -
UK population to rise by 5mn to 72.5mn by 2032, says ONS
Projections include a rise in long-term migration and falling birth ratesFinancial Times - 18h -
One in five UK-listed companies warned on profits in 2024 as costs rise
Proportion is third highest this century and exceeded only by figures in 2001 and 2020Financial Times - 2d -
'Costs just keep rising' - jump in firms in trouble
Businesses in the most distress include those in hospitality, leisure and retail, say insolvency specialists.BBC News - 4d -
Givaudan Reports Profit Rise, Expects to Exceed Five-Year Sales Target
The flavor-and-fragrance company said full-year net profit for 2024 rose 22% to $1.2 billion, beating analyst expectations.The Wall Street Journal - 4d -
OpenAI struggles to price Microsoft stake in deal to become for-profit company
ChatGPT maker in complex talks over splitting from its non-profit arm in move opposed by Elon MuskFinancial Times - 5d -
Boeing books charges and warns on fourth-quarter revenue and profit
Aerospace group cites $2.8bn hit from last year’s strike, lay-offs and rising defence business costsFinancial Times - 5d -
Twilio stock surges after company issues optimistic 2027 profit forecast
Twilio wants to grow in conversational artificial intelligence while also becoming more profitable.CNBC - 5d -
Sainsbury’s to cut 3,000 jobs as rising costs hit business
Supermarket chain will lose a fifth of senior management roles and close in-store cafésFinancial Times - 5d -
Reeves optimistic despite surprise rise in UK borrowing
Borrowing - the difference between spending and tax revenue - hit its highest December level for four years.BBC News - 6d -
Schaeffler Warns of Profitability Shortfall Amid Tough Autos Environment
The car-parts supplier warned that profitability fell short of its guidance and consensus expectations last year, the latest sign of challenges facing the European auto market.The Wall Street Journal - 6d -
3M’s stock rises as company targets growth this year
3M Co.’s stock rose 4.6% Tuesday after the maker of Post-it Notes, Scotch Tape and Command strips posted better-than-expected fourth-quarter earnings and guided for sales growth in 2025.MarketWatch - Jan. 21 -
UK companies on list of top R&D spenders almost halves in a decade
Research highlights rise of China as key rival to US in spending on innovation, including AIFinancial Times - Jan. 21 -
Peers blame rising cost of UK health benefits on welfare system flaws
Lords economic affairs committee calls for urgent action to prevent spiralling costsFinancial Times - Jan. 20 -
IMF warns on Trump's plans but upgrades UK outlook
Trump's policies could benefit the US, but not the rest of the world, the IMF saysBBC News - Jan. 17 -
Biggest US banks notch up $142bn in profits in blockbuster 2024
Robust performance in trading and dealmaking and strong economy fuel big year for lending giantsFinancial Times - Jan. 17 -
Reeves says she won't let critics get her down after UK borrowing costs rise
The chancellor tells the BBC she has got "what it takes" following a bumpy week for the UK economy.BBC News - Jan. 17 -
UK companies outpace US businesses in share buybacks
FTSE groups adopt practice that has drawn criticism from lawmakers but research suggests it could lift long-term share priceFinancial Times - Jan. 17 -
TSMC cuts profitability target as cost of diversifying supply chains bites
World’s biggest chipmaker faces less efficient operations in US and Japan but gets boost from AI demandFinancial Times - Jan. 16 -
In final address, Biden warns of "tech industrial complex," lists threats to U.S.
President Biden delivered his fifth and final address from the Oval Office five days before the end of his single term in office.CBS News - Jan. 16 -
How Nissan's profits dropped 90% in one year
Merging with rival Honda may be Nissan's best shot at survival. The Japanese automaker is struggling around the world, including the U.S. and China.CNBC - Jan. 15 -
Rising borrowing costs batter UK government and threaten to derail its left-leaning program
Britain’s new government, which is already facing anger over higher taxes, unpopular spending decisions and political scandals just six months after taking office, is now being battered by rising ...ABC News - Jan. 15 -
Worst fantasy football moves of 2024: Believing in Richardson leads the list
Our staff recounts their most regrettable decisions from the just-completed season.ESPN - Jan. 14 -
Biden Administration Adds 37 Chinese Companies to Forced Labor List
The administration announced it would penalize its largest-ever batch of companies linked to Xinjiang, including major suppliers of critical minerals and textiles.The New York Times - Jan. 14 -
How the Rising Number of Bogus, Ghost Job Listings Threatens Company Reputations
Ads for jobs that don’t exist—or are never filled—keep proliferating, frustrating hiring platforms and job seekers.Inc. - Jan. 13 -
UK companies plan to invest in AI instead of hiring staff as costs rise
A new poll says 51 per cent of business leaders aim to redirect investment this yearFinancial Times - Jan. 13 -
UK government borrowing costs rise towards 16-year high
Yields jump after strong US jobs data, threatening to wipe out room for extra borrowing under Labour’s budget rulesFinancial Times - Jan. 10 -
Pound falls to lowest in over a year after UK borrowing costs rise
Economists have warned the rise could mean further tax hikes or spending cuts by the government.BBC News - Jan. 9 -
UK borrowing costs rising - what does it mean for me?
Government borrowing costs have hit their highest level for several years - what does it mean for you?BBC News - Jan. 9 -
Tesco and M&S warn of rising costs but pledge to minimise price increases
Shares in retailers fall despite positive Christmas tradingFinancial Times - Jan. 9 -
Catastrophes cost world $320bn in 2024, reinsurer reports
Losses rise by 30% as climate change takes its tollFinancial Times - Jan. 9 -
FanDuel’s parent company just issued a profit warning. Blame the Detroit Lions.
There aren’t enough upsets in the National Football League, and that’s upsetting for investors in sports betting companies including Flutter Entertainment, the owner of FanDuel.MarketWatch - Jan. 8 -
Heads say they face tough choices on school spending as costs rise
A new report says schools in England may have to make cuts to meet pupils' needs and cover pay rises.BBC News - Jan. 8 -
U.S. Car Sales Hit a Five-Year High in 2024
Years of effort ironed out supply chain problems, eliminated shortages, but lower interest rates made the difference in the return to pre-pandemic sales levels.Inc. - Jan. 3 -
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Brompton profits almost wiped out after lower UK and Europe sales
British folding bike specialist cites economic headwinds and sector’s challenges as earnings drop below £5,000Financial Times - Jan. 2 -
Nominate a company for CNBC's 2025 Disruptor 50 list
CNBC is now accepting nominations for the 2025 Disruptor 50 list — our annual look at the most innovative venture-backed companies.CNBC - Jan. 2 -
Energy prices rise with warnings of more pain to come
The new year starts with a 1% increase in domestic gas and electricity prices under Ofgem's price cap.BBC News - Jan. 1
