Microsoft’s shares declined 3.8% in after-hours trading despite reporting substantial quarterly gains, as warnings about slowing growth and escalating artificial intelligence costs dampened investor enthusiasm. The technology giant’s fiscal first-quarter
Leading financial institutions have engaged in urgent discussions with the UK Treasury amid growing concerns about potential upheaval in the consumer credit sector following a groundbreaking court ruling on car
UBS has disclosed a net profit of $1.4 billion for the third quarter, surpassing expectations thanks to its trading division’s better performance amid heightened market volatility and strategic cost-cutting measures.
The City regulator fined Wise’s founder £350,000 after he failed to notify them that he hadn’t paid his taxes. The Financial Conduct Authority (FCA), said that on Monday, Wise’s chief
After a judge ruled that auto finance companies had hidden commission payments from their customers, borrowers could bring claims against banks totaling billions of pounds for mis-sold mortgages. Lloyds Bank
Trainline increased its guidance for the full year for the second time in just two months, after realizing more revenue than expected from ticket sales. The online ticket seller stated
Boeing, the struggling American aircraft manufacturer, has asked investors to inject about $19 billion in order to boost its balance sheet, and to protect its investment grade credit rating from
Disney on Ice will be coming to Everett this week. Mickey Mouse, Donald Duck and other Disney characters will perform at the Angel of the Winds arena in Everett. The
EssilorLuxottica expressed “full support’ to Chief Strategy Officer Leonardo Maria Del Vecchio – the late founding father’s son – after Milanese authorities placed him under investigation in a vast probe
The head of Abrdn warned that British pension funds should not be “forced” into purchasing UK assets by the government. Jason Windsor argued that proposals to require retirement funds to
Starbucks suspended its financial guidance after it released unexpected results showing a drop in revenue and sharp decline in quarterly earnings. The preliminary results were published more than one week
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 charged the battery fully the car’s display
The Big Four professional service firm EY has sacked dozens of employees for streaming multiple training videos at once to meet their quotas. EY confirmed last week that it had
Volkswagen’s motor finance division has been fined £5.4m by the City regulator, and will pay more than £21.5m in compensation. This is for its “serious failures” in treating customers in
The EU’s Financial Markets Watchdog is seeking expanded powers in order to supervise major stock exchanges and critical parts of the financial infrastructure of the EU. It wants to be
The owner of The New York Sun is in exclusive negotiations to purchase The Daily Telegraph and The Sunday Telegraph. He wants to finalise the financing of a bid worth