The head of Weir Group, a London-listed engineering company, has indicated that the mining sector may be on the verge of a significant investment period due to elevated prices of
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International Consolidated Airlines Group, the parent company of British Airways, has announced a share repurchase programme worth €1.5 billion after posting record profits. The airline group, which also includes Iberia,
Stellantis, the parent company of Vauxhall, has announced a staggering loss of €22 billion, attributing this downturn to misjudgements regarding the electrified vehicle market and intense price competition. The company’s
Nvidia has released its fourth-quarter earnings report, revealing a substantial increase in net income and sales. The chipmaker reported a net income of £43 billion on sales of £68 billion,
Centrica has revealed that its profits nearly halved last year, primarily due to unseasonably warm weather which kept household heating costs down. The company, which owns British Gas, reported an
The world’s largest listed miner, BHP, has reported a significant shift in its profit generation, predominantly from copper for the first time. The company’s focus on expanding its copper operations
GMR Capital has reported a remarkable pre-tax profit of £98.4 million for the twelve months ending September, surpassing its previous best recorded three years earlier. This achievement reflects a successful
Vodafone, a leading telecommunications company, has announced mixed financial results primarily affected by competitive pressures in Germany. The firm recorded a 1.1 per cent decline in broadband revenue in its
BT Openreach has reported a loss of 210,000 broadband lines during the December quarter of its financial year. This decline is an improvement over the previous quarter, which saw a
The budget airline easyJet has disclosed that its losses have escalated by over 50 per cent during the first trading quarter of its financial year, intensifying concerns regarding its market
Morrisons, the fifth-largest supermarket chain in Britain, has reaffirmed its commitment to maintaining its food manufacturing division despite recent challenges. The statement from Rami Baitiéh, the chief executive, underscores that
Fortnum & Mason has reported a robust performance, highlighting resilience in a challenging retail environment. The UK’s oldest department store experienced a sales increase of 5 per cent, reaching £239
Naked Wines has announced that its profits for the current financial year are set to reach the upper end of forecasts, following a strong trading period in the lead up
Britain’s largest tenpin bowling operator, Hollywood Bowl, has achieved record annual revenues, demonstrating resilience amid unusually hot summer months. Families across the country flocked to its venues, drawn by affordable
Asda is facing fresh turbulence after a £1 billion IT upgrade led to significant operational disruption and a marked decline in sales, with the company bracing for a difficult festive
ASOS is intensifying efforts to regain its position as a leading destination for fashion enthusiasts after reporting narrowing losses, despite ongoing pressures on revenue and customer numbers. The online retailer
