Nestle reduces sales targets following backlash over price increases
Nestle counts the costs of pushing the prices of its bestselling brands out of reach of increasingly squeezed…
Yearly Archives
2024
The European Central Bank has cut interest rates a third time in a year
The European Central Bank has reduced its interest rates for the first time in over a decade. It has lowered its…
Netflix surpasses expectations by 5 million new subscribers
Netflix surpassed Wall Street's estimates of 5.1 million new subscribers by over 1 million, sending shares soaring.…
Meta fires dozens who bought other items with food vouchers
Meta Platforms has fired staff after they allegedly used their meal vouchers worth $25 to buy household items, such…
Blackstone will list its largest investments
Blackstone, world's biggest private capital firm is planning to list its largest investments, a move that could…
Premier Inn wants to return £2bn in dividends to its shareholders
Premier Inn's owner has promised to make a "step-change" in the financial performance of its hotel. It announced…
Watchdog investigates the cost of home and motor insurance
The City regulator has begun a review of the lending schemes that millions of people use to pay their motor and…
Rio Tinto’s Iron Shipments Hold Stable Despite Chinese Slump
The iron ore exports of the second-largest miner in the world have remained steady, despite the "uneven" recovery…
Ryanair misses its target due to delays at Boeing
Ryanair may be forced to carry fewer passengers next year than originally planned due to delays in Boeing's…
Just Eat drops off the investor’s radar
Investors have taken a bite from the share price of Just Eat Takeaway after the group's third-quarter performance…
Airbnb CEO hires experienced hosts to expand the company’s horizons
Airbnb wants to convince millions homeowners to join its travel platform. To do this, it will launch an army of…
What is the impact of falling inflation on borrowers and savings?
The Bank of England has predicted that the base rate will be further reduced this year due to a larger-than…
The sponsorship of F1 by tobacco companies may lead to addiction among young…
A report from a group of academics and public health organizations claims that the sponsorship of Formula 1 by the…
Morgan Stanley profits increase by a third during Wall Street’s boom
Morgan Stanley beat profit expectations on an impressive third quarter in investment banking, which also boosted…
Tate & Lyle targets for US private equity takeover
Tate & Lyle may become the latest London-listed company to leave the market, after being identified as a…
Stellantis vehicles are now being shipped at a lower rate by a fifth
Stellantis, parent company of Vauxhall has revealed the crisis as it revealed a 20 percent drop in deliveries…
Rachel Reeves will raise capital gains taxes on the sale of shares
Rachel Reeves' budget will increase the capital gains tax rate on the sale and transfer of shares, other assets and…
The UK Rail Nationalisation Campaign is fueled by the £80 million dividend paid…
Accounts show that the rolling stock company Porterbrook distributed £80m to its overseas shareholders, mainly,…