British Airways pays first dividends since pandemic
British Airways, the owner of British Airways, will pay its shareholders a dividend for the first since the…
Monthly Archives
August 2024
Intel reduces 15,000 jobs to catch up with AI chips
Intel plans to cut 15,000 positions as it attempts a revival of its manufacturing operations that have fallen…
David Beckham’s esports team battles for survival
David Beckham's gaming group is fighting for its survival, less than four year after it joined the London Stock…
The UK economy’s growth rate has been upgraded, but it falls short of…
After the Bank of England lowered rates for the first in over four years, the pound and FTSE 100 both fell…
Apple beats Wall Street forecasts despite iPhone slide
Apple exceeded Wall Street's expectations in the fourth quarter, as a rise in demand for iPads and Macbooks…
EU demands better relations with UK
Brussels warned the UK that it must implement the existing Brexit agreements regarding Northern Ireland, and the…
Southern Spain cracks down on Airbnb style holiday rentals
In response to the growing backlash against mass tourism, Spain's Valencia region in the south has joined a growing…
Carpetright is unlikely to repay the majority of its £345m in debts
Carpetright collapsed in debts worth almost £345m. More than half are owed by customers, suppliers and landlords,…
Shares of Arm Holdings, a chip designer, have fallen 39% in value but revenue has…
Chip designer Arm Holdings on Wednesday reported a stronger-than-expected 39% surge in quarterly revenue, and…
Boeing names Robert ‘Kelly’ Ortberg new President and CEO
Boeing named aerospace industry veteran Robert "Kelly" Ortberg its new President and CEO, as it fights to repair…
Shell profits increase to $6.3bn during the second quarter
Shell, a London-listed competitor of BP, has reported better-than-expected profits and extended its multi-billion…
UK house prices are rising at the fastest rate since 2022
The housing market is "relatively stable" despite the fact that many people still struggle to buy their first home.…
Barclays announces a £750m share purchase as profits exceed expectations
Barclays posted a better-than expected first-half profit and announced a cash return of £1.2 billion to its…
Adidas sales grow despite Bella Hadid ad controversy
Adidas admits that it made a mistake in using Bella Hadid as a supermodel to promote a retro trainer brand dating…
UK Interest Rates Cut to 5%
Bank of England cuts interest rates first in four years. This is a relief for millions of homeowners, and families…
Meta squelches fears of AI spending
Facebook and Instagram's owner beat Wall Street estimates for sales on Wednesday night, as it sought investors'…