Adidas increases its full-year guidance after implementing turnaround plan
Adidas has raised its full-year forecast for the second time this year, in just three months. This is the latest…
Monthly Archives
July 2024
Bets on Fed rate reductions and Trump victory drive gold price to record high
The gold price reached a new record on Tuesday, as the prospect of Federal Reserve rate cuts and a Donald Trump…
UK Ministers to reject £200mn loan for Titanic maker Harland & Wolff
Harland & Wolff is asking the Labour government to reject a £200mn request for a loan guarantee. This will…
UK transport minister demands ‘immediate action’ on rail reliability
The UK Transport Secretary has called for train companies to "take immediate action" to improve reliability, while…
UK and EU to hold first summit for improved post-Brexit relations
In the next few months, Britain and the EU will hold their first ever bilateral summit as part of Labour Premier…
Elon Musk has announced that he is moving SpaceX and X to Texas.
Elon Musk announced on Tuesday that X and SpaceX would be moving their headquarters to Texas in response to a…
Ocado to keep London listed as it improves forecast
Ocado's boss said that the company is committed to its London listing, even though it was relegated earlier this…
Morgan Stanley traders drive surge in profits
Morgan Stanley's investment bankers and traders have helped to boost the company's quarterly profits, which has…
Rachel Reeves gets a boost as the UK’s growth forecast is upgraded
The International Monetary Fund upgraded its growth forecasts for the UK's economy in this year. This is a major…
Goldman Sachs boss says that the capital markets are in an early stage of…
Goldman Sachs' chief executive hailed "the early innings of a recovery in capital markets and M&A" after the…
Goldman Sachs profits double to $3bn on rebound of deals
Goldman Sachs' profits more than doubled during the second quarter, as it reaped benefits from a faster recovery in…
BlackRock’s Larry Fink highlights the ‘barbell Effect’ as…
BlackRock CEO Larry Fink stated on Monday that investors are creating a “barbell effect” in the fixed income…
French Football League agrees to last-minute deal on broadcasting
The French Football League has reached a last minute broadcast agreement for the coming season. This deal will…
Judge dismisses Donald Trump’s case over classified documents
A US judge dismissed a criminal charge against Donald Trump for his handling of classified documents. This is a…
England and Wales have the largest annual population increase in 75 years
The net migration accounted for the largest population growth in England & Wales in 75 Years last year, while…
Conversion of disused Lloyds offices into social housing
Lloyds Banking Group is converting disused office buildings into social housing. The UK's biggest mortgage provider…
The far-left suspends talks, causing a tremor in France’s leftist coalition
The alliance of far-left parties that won the majority of seats in the French parliamentary elections on Monday…
MPC member urges MPC to cut interest rates in order to reduce living costs
One of Bank of England’s doveish rate-setters called for interest rates to be cut in order to reduce the cost of…