Brompton Profits Almost Wiped Out after Lower Uk and Europe Sales
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Lower mortgage rates draw homeowners in — but keep home buyers out
Mortgage applications rose 2.2% in the last week, the Mortgage Bankers Association said.MarketWatch - 1h -
Novo Nordisk shares rise on fourth-quarter profit beat, Wegovy sales jump
Danish pharmaceutical behemoth Novo Nordisk reported better-than-expected net profit in the fourth quarter, amid soaring demand for its Wegovy obesity drugs.CNBC - 2h -
Designs unveiled for Baltimore bridge replacement almost a year after deadly collapse
SPARROWS POINT, Md. — Almost a year after the deadly collapse of Baltimore’s Francis Scott Key Bridge, Maryland officials on Tuesday unveiled their designs for its replacement, which will be taller ...NBC News - 5h -
Tesla sales are diving in Germany and across Europe too
Tesla sales have careened lower in Germany in January, as sales of the electric vehicle company headed by Elon Musk tumble across Europe.MarketWatch - 6h -
Santander profits rise at UK arm
Spanish lender says it faces competitive environment in market where future of its business remains in doubtFinancial Times - 12h -
Spotify shares pop 13% after company reports first profitable year
The music streaming company said it paid a record $10 billion in royalties to the music industry in 2024.CNBC - 22h -
Adam Edström Out Long Term With Lower-Body Injury
Adam Edström will miss the next two and a half to three and a half months.Yahoo Sports - 1d -
Barclays IT glitch locks customers out of accounts for almost 24 hours
Outage comes on HMRC’s deadline day for settling self-assessment tax returns and a pay day for many workers. A serious IT glitch has left some Barclays customers locked out of their accounts ...The Guardian - 4d -
Samsung predicts profit hit from weak chip sales as US curbs bite
World’s biggest maker of memory semiconductors expects demand recovery from second quarterFinancial Times - 5d -
Apple profits top estimates even as competition dents China iPhone sales
Silicon Valley group says there are signs rollout of AI features will boost handset demandFinancial Times - 5d -
Trump wiped out dozens of Biden climate initiatives in first-week blitz
President upended US efforts to combat climate change and accelerate clean energy development, according to FT analysisFinancial Times - 6d -
UK ministers plan to subsidise EV loans to drive sales
State could underwrite private sector loans to reduce monthly repayments and purchase costsFinancial Times - Jan. 29 -
Do Ukrainians want a ceasefire after almost 3 years of war with Russia?
The fighting in Ukraine has not let up since Russia launched its full-scale invasion nearly three years ago. CBS News senior foreign correspondent Holly Williams reports on what Ukrainians think ...CBS News - Jan. 28 -
HSBC to exit M&A and capital markets businesses in UK, Europe and the U.S.
Back in October, the bank unveiled plans for a new geographic setup and set out to consolidate its operations into four business units.CNBC - Jan. 28 -
HSBC to exit parts of investment banking business in UK, US and Europe
Lender to wind down in businesses where it has struggled to compete with rivalsFinancial Times - Jan. 28 -
In a split second, Russia wiped out three generations of one Ukrainian family
A Ukrainian grandmother mourns her daughter, grandson and mother - killed in a single Russian strike.BBC News - Jan. 28 -
‘Sputnik moment’: $1tn wiped off US stocks after Chinese firm unveils AI chatbot
Trump calls emergence of DeepSeek a ‘wake-up call’ amid doubts about sustainability of western artificial intelligence boom. What is DeepSeek and why did US tech stocks fall? DeepSeek hit ...The Guardian - Jan. 28 -
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 - Jan. 27 -
What It’s Like to Be a Kid in L.A. After Fires Took Almost Everything
Ten children talked about losing their homes, their schools and their neighborhoods in the Los Angeles fires. They discussed what they’re worried about and what’s cheering them up.The New York Times - Jan. 26 -
‘Move closer to Europe – not Trump’ voters tell Starmer in major UK poll
Pressure growing on Labour to improve trade with EU as Rachel Reeves admits Brexit damaged UK. Keir Starmer is under growing pressure to forge closer economic links with Europe five years on from ...The Guardian - Jan. 25 -
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 - Jan. 24 -
Twilio stock surges after company issues optimistic 2027 profit forecast
Twilio wants to grow in conversational artificial intelligence while also becoming more profitable.CNBC - Jan. 23 -
2-year Treasury yield ends lower after Trump’s ‘demand’ for lower interest rates
The 2-year Treasury note rallied modestly on Thursday, sending its yield lower for the first time in four sessions, after President Donald Trump displayed a willingness to pressure Federal Reserve ...MarketWatch - Jan. 23 -
Primark cuts sales outlook after struggles in UK market
Fashion retailer blames mild autumn weather and ‘cautious’ consumer sentimentFinancial Times - Jan. 23 -
What is the pan-Europe customs area that the EU is open to the UK joining?
Trade chief has said membership of Pan-Euro-Mediterranean convention could be part of ‘reset’ discussions. EU trade chief says it ‘could consider’ UK joining PEM Business live – latest ...The Guardian - Jan. 23 -
Ministers weigh signing up UK to Europe customs scheme
EU trade chief says adding Britain to pan-European area is something Brussels ‘could consider’Financial Times - Jan. 23 -
Ministers force out chair of UK’s competition regulator
Marcus Bokkerink replaced at CMA with government saying it wants pro-business decisions to drive prosperity and growthFinancial Times - Jan. 21 -
Adidas Exceeds Profit Guidance After Sales Jump in Fourth Quarter
The German sporting-goods company said its operating profit climbed to €1.34 billion last year from €268 million in 2023.The Wall Street Journal - 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 -
Target says its holiday sales were better than expected — but its profits weren't
The big-box retailer's report indicates that deals and promotional events motivated shoppers.CNBC - Jan. 16 -
Capital One cheated customers out of $2 billion by keeping deposits in lower-yield accounts, CFPB says
The Consumer Financial Protection Bureau is suing Capital One, which it says kept customers in the dark about higher-yielding savings accounts.MarketWatch - Jan. 15 -
Treasury yields finish lower after mild producer-price reading for December
Two- and 10-year Treasury yields declined by the most of any 2025 trading session on Tuesday, after a tamer-than-expected reading from the December producer-price index.MarketWatch - Jan. 14 -
Moderna stock plunges nearly 17% after company lowers 2025 sales forecast by $1 billion
Moderna now expects 2025 revenue to come in between $1.5 billion and $2.5 billion, most of which will come in the second half of the year.CNBC - Jan. 13 -
Child's World War Two memoir found on door panel after almost 80 years
It details how a lack of power, the cold winter, and food rationing were creating struggles.BBC News - Jan. 11 -
David Moyes returns as Everton manager after almost 12 years away
Scot signs two-and-a-half-year deal to succeed Dyche ‘It’s great to be back – I didn’t hesitate’ Analysis: TFG believes Moyes can restore lost values David Moyes has been appointed Everton’s ...The Guardian - Jan. 11 -
Stock market gain that followed Trump's election win is close to being wiped out
The S&P 500's gain since Election Day now sits at just around 0.5%.CNBC - Jan. 10 -
Brompton chief warns axing tariffs on Chinese bicycles could ‘kill’ business
Flood of cheaper products could hit an industry already struggling with stagnant post-pandemic demandFinancial Times - Jan. 10 -
Sainsbury's Christmas Sales Grew; Expects Profit in Line With Market Views
The grocer reported sales volume growth for the key Christmas period and expects to deliver retail operating profit for its fiscal year in line with market consensus.The Wall Street Journal - Jan. 10 -
Fujitsu’s UK goodwill wiped out in wake of Post Office scandal
Japanese technology group decided to restrict bidding for government contractsFinancial Times - Jan. 7 -
UK retail sales growth ‘minimal’ in final quarter of 2024, data shows
BRC survey suggests consumers stayed cautious during what is usually busiest time of yearFinancial Times - Jan. 7