The Body Shop will close half of its UK stores
The Body Shop will close nearly half of its 198 stores in the UK. Its head office staffing will be reduced…
Yearly Archives
2024
Barclays returns 10 billion pounds to its shareholders for betting on Britain
Barclays' chief executive has revealed a plan for reviving the bank's share price, which is currently in decline.…
Nvidia’s results put talk of tech bubble at centre stage
Jensen Huang told a conference in Dubai last week: "This is the beginning of a new industrial revolution. This is…
Interest rate policy may ‘crush’ recovery, ex-central banker warns
The Bank of England's ex-chief economist has cautioned policymakers about the risk of damaging the economy by…
AstraZeneca unveils successes in treatment of lung cancer
AstraZeneca announced on Monday that its top drug has shown promising results in treating early-stage lung cancer…
S&P Global close to acquisition of research platform Visible Alpha
S&P Global, a financial data company, is close to acquiring research platform Visible Alpha. The deal values…
Capital One agrees to buy Discover Financial for $35bn
US lender Capital One has agreed to buy rival Discover Financial for $35.3bn, in an all-stock tie-up that is set to…
Gazprom grapples with collapse in sales to Europe
Vladimir Putin was effusive late last year after Gazprom reported record sales to China, telling chief executive…
Pension fund demand drives revival in UK corporate bond market
Pension funds are piling into UK corporate bonds, encouraging some French and German companies to issue sterling…
The world’s largest solar company warns the west against cutting out Chinese…
Solar panel manufacturers in Europe and the US have warned against excluding Chinese companies from renewable…
Geologists announce the beginning of a ‘Gold Rush’ for hydrogen energy
Scientists are predicting the beginning of a "golden age" in energy for a resource that was previously overlooked…
Natural gas prices plummet as US prepares for the warmest winter ever recorded
US natural gas prices are at their lowest in nearly three decades as the country prepares for its warmest winter…
Apple to be hit with the first ever music streaming fine of €500mn by EU
Five people who have direct knowledge of this long-running investigation claim that Brussels will impose the first…
Village Hotels sold to Private Equity for £800m
A US private equity fund launched an auction for Village Hotels, the UK's largest mid-market chain. The sale is…
Airbus Chief says planes can be flown by ‘just one’ pilot
Christian Scherer, Airbus's chief executive officer, has pioneering in his blood. Christian Scherer, the man who…
Why Britain’s Brewers are in Crisis — and Your Pint Costs More
George Adnams and his brother Ernest bought the Sole Bay Brewery at Southwold in Suffolk in 1872. But his brewing…
What does the UK economy mean in terms of recession?
Last week, official figures revealed that the UK had entered a "technical recession" in the second half last year.…
Barclays to reward investors with £9bn
Barclays will give its shareholders up to £9 billion in the next three year as part of its turnaround plan, which…