Is Ocado Plotting a Move to NASDAQ?
Ocado Group PLC (LSE:OCDO) has long been a household name in the UK, known for its online grocery retail business…
Yearly Archives
2024
Walmart beats forecasts thanks to resilient consumers
Walmart has surpassed Wall Street's expectations for profit and sales and increased its forecasts this year thanks…
Dow index crosses 40,000 for the first time
The oldest American equity index, the Dow Jones Industrial Average, broke through the 40,000 mark for the…
Shein shifts focus to London following the failure of her New York IPO
Shein will list in London in the next few months, as tensions between Washington DC and Beijing have slowed down…
Sony Music warns tech companies and streaming services about AI usage of its…
Sony Music has sent warning letters to over 700 artificial intelligence developers around the world and music…
BT’s first female boss has the best day since the dotcom boom
BT's first female boss, who pledged to reduce costs by £3bn and heavy investments in broadband upgrades, led the…
Unilever will continue to make ice cream for Russians as the country is left out…
Unilever is keeping its Russian ice-cream business, despite plans to sell its frozen dessert brands.
Magnum and…
Rivals line up for a £1.6bn Navy Contract from Titanic Shipyard
The biggest British defence companies are in line to bid for a £1.6bn Royal Navy Supply Ship contract, amid fears…
US oil giant pulls out of North Sea following industry meeting with Hunt
Chevron, the US oil giant, has announced that it will leave the North Sea after more than 55 years. This…
The nuclear waste will be stored at a depth of 650ft below the English countryside
Ministers have agreed to start digging a 650ft deep pit in England this decade.
The facility has not yet been…
Ministers disagree over Harland & Wolff, the Titanic shipbuilder
In a dispute that has cast doubt on the future of Harland & Wolff, the Belfast shipbuilder responsible for the…
Eurostar will add up to 50 new trains to its fleet and increase services in order…
Eurostar is planning to purchase up to 50 new trains, and it's considering adding more international routes to…
As demand for luxury goods declines, Burberry’s profits fall by 40%
Burberry's profits fell by 40% over the past year due to a general slowdown in luxury goods demand that has…
Landlords sell up, leaving 2,000 homes a month facing homelessness in England
Private landlords are claiming to be selling their properties, and some blame the uncertainty created by the…
Brexit IT problems at the border can delay perishable imports to UK by as much as…
The UK's most busy Brexit post is holding up to 20-hours of trucks carrying plants and perishable foods from the EU…
The tech firm Raspberry Pi prepares for a London Stock Exchange IPO
The British technology firm Raspberry Pi confirmed its intention of flotation in the UK. This is a major boost for…
UK firms are accused of profiteering after a study found that margins increased…
Thousands of UK companies have exploited their corporate power to increase profit margins since the pandemic,…
Royal Mail owner supports a £3.5 billion takeover bid by Czech billionaire
The owner of Royal Mail backed an offer of £3.5bn from a Czech millionaire for the postal service after he…