Pepsi is’studying closely the impact’ of weight loss injections on…
Walmart, the US-based giant, claimed that users of weight loss drugs were buying less food. Pepsi's and Walkers…
Selfridges reports a £40m loss in spite of sales growth as finance costs weigh
Selfridges, despite an increase in sales and a rise in interest costs on debts, lost nearly £40m in the last year.…
Bank of England doubles liquidity requirements for Money Market Funds
The Bank of England is pushing for money market funds to be able to hold twice as much easily-sellable assets. This…
LVMH’s growth is impacted by lower sales of handbags and spirits
LVMH's sales growth slowed down in the third-quarter as handbag demand moderated, and spirits declined after years…
Binance’s UK Marketing Campaign Stopped by Regulator
Binance has been blocked from marketing itself to British customers by UK regulators as part of the latest…
Finland investigates possible sabotage of Baltic Gas Pipeline
Helsinki is looking into whether sabotage was responsible for a gas leak from a Baltic Sea pipeline and the…
Ireland becomes the latest EU country that raises bank levy
Ireland is the latest European nation to increase taxes on banks, targeting the higher profits that lenders made…
Taiwanese suppliers of semiconductors target Europe’s Next-Generation…
As the construction of Europe's first advanced chip factories in decades changes the supply chain, suppliers to…
BOE’s Catherine Mann calls for an ‘aggressive’ policy to combat…
Catherine Mann, a Bank of England policymaker, has expressed concern that the prolonged period of inflation above…
How Poland wants to rob Germany of its crown as Europe’s industrial…
As the G7 powerhouse is losing steam, its eastern neighbor is growing stronger.
Germany is still…
Oil prices are surging, causing a ‘third wave’ of inflation.
Economists warn that a third wave of inflation could be on the way after oil price spiked in response to…
GSK signs £2.5bn deal with China Zhifei for shingles vaccine
GSK signed a contract with Zhifei - China's biggest vaccine company by revenue - to double the global sales of…
Croda cuts its profit forecast as sales stagnate
Croda warned that it will earn up to £100 Million less than the revised guidance given in June.
Croda warned…
Caprice Holdings, the owner of Ivy Restaurant, returns to profit
Scott's, the owner of the upscale London restaurant, and Sexy Fish have returned to profit for the very first time…
Opec says that a halt to investment in oil would lead to chaos because of the…
The Opec cartel has increased its forecast of global oil demand in coming decades and claimed that stopping…
Alert: Finance Ministers at IMF, World Bank Meetings on Bond Markets
The International Monetary Fund's annual meeting and the World Bank's annual meeting this week may not have an…
Metro Bank seals £925m rescue deal
Metro Bank secured a funding deal worth £925 million last night. The deal will help the struggling lender, but it…
Rivian and Lucid Gain Momentum Amid UAW Strike, While Traditional Car Giants Face…
The United Auto Workers (UAW) strike, now with the backing of President Biden, is shaking up the automotive…