Companies Goldman Sachs, Apple and other companies to pay US $89mn fines for credit card… admin Oct 24, 2024 Goldman Sachs, Apple and the US Consumer Finance Watchdog have been fined more than $89mn for "illegally…
Economy BoE Governor: UK inflation is declining faster than expected admin Oct 24, 2024 The Bank of England Governor said that the UK must continue to experience a decline in the price of services from…
Automotive Tesla shares rise 12% on the back of its upbeat earnings forecast and positive… admin Oct 24, 2024 Tesla shares soared Wednesday after the company reported a higher-than-expected quarterly profit. The company also…
Companies Starbucks cancels its 2025 forecast after falling sales and earnings admin Oct 23, 2024 Starbucks suspended its financial guidance after it released unexpected results showing a drop in revenue and sharp…
Companies A new commission could ban English water companies making profits admin Oct 23, 2024 Plans for a total overhaul of the system could prevent water companies in England from making profits. A new…
Economy IMF warns Trump’s trade tariffs may damage the global economy, but it also… admin Oct 23, 2024 The International Monetary Fund warned that the tariffs proposed by Donald Trump, the US presidential candidate,…
World Holiday Inn reveals growth despite slump in China admin Oct 23, 2024 The FTSE-100 hotel group that owns the Holiday Inn, Crowne Plaza and other chains was impacted by a weakening of…
Oil and Gas Hunting reduces profit forecast as oil prices fall admin Oct 23, 2024 Hunting has had to reduce its profit forecast for this year due to falling oil and gas prices, and a slowdown on…
Banking HSBC revamps its operations as tensions grow between China and the West admin Oct 23, 2024 HSBC bankers are bracing for job loss after the new boss announced the largest overhaul in decades. The lender's…
Economy Halfords warns budget concerns make the near-term outlook “uncertain” admin Oct 23, 2024 Halfords Group warns that consumers are delaying purchases of expensive items due to the uncertainty surrounding…
Electric vehicles General Motors increases profit guidance due to “resilient” consumers admin Oct 23, 2024 General Motors' shares have soared after the automaker raised its profit forecast for the full year. This is due to…
Automotive Where is my £10,500 refund if Tesla’s driving distance fell short? admin Oct 23, 2024 I bought a Tesla Model 3 in June for £42,791. The advert stated that the car had a 318-mile range, but when I…
Economy The UK government’s borrowing surged from £16.6bn to £16.6bn during… admin Oct 23, 2024 The government has borrowed more than official estimates by £6.6 billion this year. This shows the fiscal squeeze…
Financial EY fires staff after they stream multiple videos of training at the same time admin Oct 23, 2024 The Big Four professional service firm EY has sacked dozens of employees for streaming multiple training videos at…
Economy IMF raises forecast for UK economy to 1.1% growth admin Oct 23, 2024 The International Monetary Fund has given the UK one of the largest growth upgrades of any advanced country this…
Energy Nigeria rejects Shell’s plan to sell a $1.3bn offshore production unit admin Oct 22, 2024 Shell's $1.3 billion sale of its onshore production unit has been rejected by Nigeria, a blow for the oil giant's…
War Iranian markets fall and flights are cancelled amid Israeli attacks admin Oct 22, 2024 Iran's currency has declined, and many foreign airlines have suspended their flights as they prepare for a…
Companies Chinese share buybacks reach record levels as Beijing increases support admin Oct 22, 2024 This year, share buybacks at mainland China's largest exchanges reached a new record as Beijing pushed companies to…