Next to unveil higher sales and profits despite consumer spending pressure

1 year, 8 months ago

Next to unveil higher sales and profits despite consumer spending pressure

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Next is set to unveil higher sales and profits as the high street giant hopes to shrug off concerns over consumer spending. In January, chief executive Lord Simon Wolfson said prices were set to peak at about 8% in the spring but will ease back afterwards to “no more than” 6% in the second half. “With the group set to pass on 6-8% cost inflation, there is a question mark over whether consumers can stomach these hikes.” In the previous update, Next appeared more cautious over the current financial year.

set pressure higher emails shoppers breaking sales despite free sign cost unveil million spending consumer profits

History of this topic

Mulberry boss says ‘rebuild’ needed after sales plummet

1 month ago

Mulberry boss says ‘rebuild’ needed after sales plummet

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The boss of Mulberry has …

Shares in Rentokil leap as pest control giant trims costs

2 months, 1 week ago

Shares in Rentokil leap as pest control giant trims costs

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Shares in Rentokil have leapt …

Co-op returns to profit despite hit from rising wages and shoplifting

2 months, 4 weeks ago

Co-op returns to profit despite hit from rising wages and shoplifting

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Co-operative Group has returned …

Deliveroo achieves first profit in ‘major milestone’ for delivery app

4 months, 2 weeks ago

Deliveroo achieves first profit in ‘major milestone’ for delivery app

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Deliveroo has revealed it made …

Legal & General profits exceed forecasts amid new strategy

4 months, 2 weeks ago

Legal & General profits exceed forecasts amid new strategy

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. We are making clear progress on delivering against our …

TalkTV losses rise in second year of operation

8 months, 2 weeks ago

TalkTV losses rise in second year of operation

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. In newly published accounts the News UK-owned channel said …

Tesco set for profit rise as sales continue to grow at supermarket giant

8 months, 2 weeks ago

Tesco set for profit rise as sales continue to grow at supermarket giant

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Tesco is expected to reveal …

Wickes’ profits at top of forecasts amid strong trade demand

10 months, 4 weeks ago

Wickes’ profits at top of forecasts amid strong trade demand

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Wickes has said it expects …

Mulberry reports ‘deteriorated’ economic climate as loss widens

1 year ago

Mulberry reports ‘deteriorated’ economic climate as loss widens

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Retailer Mulberry said that the …

Move to new warehouse hits Pets At Home revenue and profit

1 year ago

Move to new warehouse hits Pets At Home revenue and profit

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Retailer Pets At Home said …

Travis Perkins to miss profit expectations amid ‘challenging conditions’

1 year, 2 months ago

Travis Perkins to miss profit expectations amid ‘challenging conditions’

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Building supplies company Travis Perkins …

Zara parent firm posts profit jump after strong sales

1 year, 3 months ago

Zara parent firm posts profit jump after strong sales

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Zara owner Inditex has revealed …

Insurance giant Lloyd’s of London sees profits double to £3.9bn in six months

1 year, 3 months ago

Insurance giant Lloyd’s of London sees profits double to £3.9bn in six months

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Lloyd’s of London said that …

Telegraph reports one-third rise in profits to £39m

1 year, 4 months ago

Telegraph reports one-third rise in profits to £39m

The Telegraph

The publisher of The Telegraph has reported an increase in profits of almost a third, as prospective bidders prepare for the sale of the company by Lloyds Banking Group. Telegraph Media Group’s pre-tax profits climbed by 32pc in 2022 to £39m, according to a trading update on Tuesday. Telegraph Media Group said growth has since accelerated and that the takeover …

Aldi and own brands: Figures reveal how the UK is changing its big shop

1 year, 7 months ago

Aldi and own brands: Figures reveal how the UK is changing its big shop

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Grocery price inflation dipped slightly …

Profits slip at Asda as shoppers hit by cost-of-living crisis

1 year, 8 months ago

Profits slip at Asda as shoppers hit by cost-of-living crisis

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The UK’s third largest supermarket chain said sales improved …

HSBC’s pre-tax profits dip slightly though hopes remain high for 2023

1 year, 10 months ago

HSBC’s pre-tax profits dip slightly though hopes remain high for 2023

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The group’s reported profit before tax fell by 1.4 …

How energy company profits have risen year-on-year

1 year, 10 months ago

How energy company profits have risen year-on-year

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Energy giants have so far …

Domino’s sees costs take a bite out of profits

2 years, 4 months ago

Domino’s sees costs take a bite out of profits

The Independent

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Deliveroo cuts sales outlook as takeaway demand slumps amid cost crunch

2 years, 5 months ago

Deliveroo cuts sales outlook as takeaway demand slumps amid cost crunch

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Deliveroo has slashed its annual …

Profit warnings spike amid economic problems

2 years, 5 months ago

Profit warnings spike amid economic problems

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy London-listed companies have issued a …

Mulberry profits to be ahead of expectations

2 years, 8 months ago

Mulberry profits to be ahead of expectations

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Luxury fashion group Mulberry has …

Mulberry rebounds to profit amid lower costs and online boost

3 years, 5 months ago

Mulberry rebounds to profit amid lower costs and online boost

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Handbag maker Mulberry has swung …

Asos profits soar 250% during Covid lockdowns as sales hit £2bn

3 years, 8 months ago

Asos profits soar 250% during Covid lockdowns as sales hit £2bn

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Online fashion giant Asos saw …

Discover Related

No Merry Christmas for investors: Markets log biggest weekly fall since June 2022

4 days, 12 hours ago

No Merry Christmas for investors: Markets log biggest weekly fall since June 2022

New Indian Express

Expectations of a festive rally on Dalal Street have been dashed, as the US Federal Reserve’s hawkish commentary on future rate cuts has spooked markets. India’s equity benchmark indices – the BSE Sensex and NSE Nifty – recorded their steepest weekly declines in over two years, plummeting nearly 5 per cent each. Investors bore massive losses, with the market capitalisation …

Nifty Sensex

UK economy shrinks again in another blow to Reeves, new figures show

1 week, 4 days ago

UK economy shrinks again in another blow to Reeves, new figures show

The Independent

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Rachel Reeves said the figures were disappointing “We are determined to deliver economic growth as …

Economy Growth Budget Economic Growth Reeves Figures Westminster Email

Australia to tax tech firms that earn $160 mn or more but don’t pay for news

1 week, 4 days ago

Australia to tax tech firms that earn $160 mn or more but don’t pay for news

Firstpost

‘The real objective … is not to raise revenue – we hope not to raise any revenue. The real objective is to incentivise agreement-making between platforms and news media businesses in Australia,’ Assistant Treasurer Stephen Jones said Facebook, TikTok, and other social media apps are likely to be affected by the new tax proposal. Assistant Treasurer Stephen Jones and Communications …

Media Tax Google Revenue Jones Platforms Tiktok

Currys warns Budget will lead to ‘inevitable’ price rises due to £32m of extra costs

1 week, 4 days ago

Currys warns Budget will lead to ‘inevitable’ price rises due to £32m of extra costs

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy High street electrical retailer Currys …

Budget Currys

Boots owner in talks over sale to private equity

1 week, 5 days ago

Boots owner in talks over sale to private equity

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Walgreens, the US-based owner of …

Private Equity Boots Walgreens

Facebook’s UK office laid off over 700 workers, reduced tax bill to aggressively cut costs last year

1 week, 6 days ago

Facebook’s UK office laid off over 700 workers, reduced tax bill to aggressively cut costs last year

Firstpost

Meta has channelled its energy into artificial intelligence, predicting capital expenditure could reach $50 billion next year. However, user growth across Meta’s platforms has been slower than analysts hoped Meta’s cost-cutting wasn’t limited to layoffs. Image Credit: Reuters Last year, Facebook’s UK operations saw major changes as its parent company, Meta, slashed over 700 jobs and introduced aggressive cost-cutting measures. …

Tax Company Billion Million User Cut Bill

Flash Bitcoin price dip triggers $303m selloff, before price rebounds to near record-high

Trending News

2 weeks, 3 days ago

Flash Bitcoin price dip triggers $303m selloff, before price rebounds to near record-high

The Independent

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. “It took Bitcoin 3 minutes to drop ~10% …

Independent Trump Crypto Bitcoin Price Sec

Bitcoin has finally hit $100,000. Where does it go from here?

2 weeks, 4 days ago

Bitcoin has finally hit $100,000. Where does it go from here?

The Independent

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. “It’s important to note that bitcoin has yet to experience a significant correction,” said Arthur Azizov, chief …

Crypto Bitcoin Sec Sign Indytech

BUSINESS LIVE: Bitcoin hits $100,000; Vodafone-Three gets green light

2 weeks, 5 days ago

BUSINESS LIVE: Bitcoin hits $100,000; Vodafone-Three gets green light

Daily Mail

Frasers has lowered the top end of its annual profit guidance, blaming weaker consumer confidence leading up to and following the Autumn Budget. The group said it was now forecasting adjusted pre-tax profit for its 2024/25 year of £550million to £600million, versus previous guidance of £575million to £625million. Boss Michael Murray said: 'The first half of this year has been …

Stock market today: Wall Street edges back from its records as bitcoin briefly pops above $100,000

2 weeks, 5 days ago

Stock market today: Wall Street edges back from its records as bitcoin briefly pops above $100,000

Associated Press

NEW YORK — The huge rally for U.S. stocks lost momentum on Thursday as Wall Street counted down to a big jobs report that’s coming on Friday. Bitcoin powered above $100,000 for the first time the night before, after President-elect Donald Trump chose Paul Atkins, who’s seen as a crypto advocate, as his nominee to head the Securities and Exchange …

Market Fed Wall Street Fell

Wall Street edges back from its records as bitcoin briefly pops above $100,000

2 weeks, 5 days ago

Wall Street edges back from its records as bitcoin briefly pops above $100,000

LA Times

Holiday decorations adorn the New York Stock Exchange in New York’s Financial District on Wednesday. The huge rally for U.S. stocks lost momentum on Thursday as Wall Street counted down to a big jobs report that’s coming on Friday. Bitcoin powered above $100,000 for the first time the night before, after President-elect Donald Trump chose Paul Atkins, who’s seen as …

Fed Wall Street Fell

London’s FTSE 100 loses ground as UK service sector growth slows

2 weeks, 5 days ago

London’s FTSE 100 loses ground as UK service sector growth slows

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy London’s FTSE 100 has been …

London Sign Ftse

Salesforce shares surge 11% to hit record high after AI boom fuels Q3 earnings; stock up 26% YTD

2 weeks, 5 days ago

Salesforce shares surge 11% to hit record high after AI boom fuels Q3 earnings; stock up 26% YTD

Live Mint

Salesforce Inc. shares hit a record high on Wednesday, December 4, after the customer relationship management software maker reported better-than-expected quarterly revenue, boosting hopes for the much-hyped artificial intelligence strategy. Salesforce hit a record high of $368.7, up 11 per cent in early morning trading and is set to add more than $35 billion to its market valuation of $316.85 …

Company Billion Cent Quarter Benioff Salesforce Shares

HUL needs growth mojo. But demand conditions may play spoilsport

3 weeks ago

HUL needs growth mojo. But demand conditions may play spoilsport

Live Mint

Hindustan Unilever Ltd has been struggling with muted revenue growth for the past few quarters, thanks to a combination of weak pricing and subdued volume growth. HUL intends to focus on volume-led revenue growth and expects to maintain Ebitda margin at current levels in the near future. Long-term goal At the meeting, the management shared its key long-term aspiration of …

Market Eps Ebitda Hul Growth Mojo Needs Growth Mojo Needs Growth

Swiggy share price zooms 10% to new peak ahead of Q2FY25 numbers, up 39% from IPO price

3 weeks ago

Swiggy share price zooms 10% to new peak ahead of Q2FY25 numbers, up 39% from IPO price

Live Mint

Swiggy, the popular food delivery aggregator and a direct competitor to Zomato, saw its shares spike 10 per cent in Tuesday's trade, reaching a fresh high of ₹541.95 per share. It believes the stock is priced at a 35 per cent to 40 per cent discount to Zomato and sees room for this valuation gap to narrow as Swiggy demonstrates …

Quick Commerce Share Cent Zomato Ubs Swiggy Ipo Price

Cyber Monday: Shoppers expected to spend record $13.2 billion online, report says

Trending News

3 weeks ago

Cyber Monday: Shoppers expected to spend record $13.2 billion online, report says

Hindustan Times

Cyber Monday, held on the Monday after the worldwide Black Friday sale tradition, is expected to clock sales worth at least $13.2 billion, 6.1% more than the previous year, according to online shopping tracker Adobe Analytics. FILE - Cyber Monday –- a term coined back in 2005 by the National Retail Federation –- continues to be the biggest online shopping …

Black Online Online Sales Sales Billion Spent Black Friday

Black Friday goes digital as Americans rack up $10bn worth of online purchases

3 weeks, 1 day ago

Black Friday goes digital as Americans rack up $10bn worth of online purchases

The Independent

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Americans spent a staggering …

Online Sales Black Friday

Royal Mail close to being sold to Czech billionaire Daniel Kretinsky

3 weeks, 4 days ago

Royal Mail close to being sold to Czech billionaire Daniel Kretinsky

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Royal Mail is close …

Royal Mail Royal Mail Czech Kretinsky Daniel Kretinsky

EasyJet sees record summer profit as holiday demand soars

3 weeks, 6 days ago

EasyJet sees record summer profit as holiday demand soars

The Independent

Sign up to Simon Calder’s free travel email for expert advice and money-saving discounts Get Simon Calder’s Travel email Get Simon Calder’s Travel email SIGN UP I would like to be emailed about offers, events and updates from The Independent. The contribution from easyJet Holidays, the package travel offshoot of the airline, rose 56 per cent to £190m – representing …

Travel Demand Soars Easyjet Sees Summer Profit

Elon Musk buying MSNBC? A difficult feat, because it isn’t for sale

Trending News

4 weeks ago

Elon Musk buying MSNBC? A difficult feat, because it isn’t for sale

Live Mint

Can Elon Musk make a run at acquiring MSNBC? Musk, who hasn’t been shy about his criticisms of MSNBC, calling the network “utter scum of the Earth," fueled that story line in an exchange on X, the social-media platform he owns. “We are looking forward to the planned spin of our cable networks, which will create a new company owned …

Trump Company Comcast Msnbc Musk

‘Scamvent’ calendar highlights common frauds over Christmas

4 weeks, 1 day ago

‘Scamvent’ calendar highlights common frauds over Christmas

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Stuart Skinner, a fraud expert from NatWest, said: “We …

Fraud City Experian Natwest

Observer posts £3m profit ahead of potential sale to loss-making start-up

1 month ago

Observer posts £3m profit ahead of potential sale to loss-making start-up

The Telegraph

The Observer made a profit of more than £3m last year, according to internal figures which raise questions over claims it must be offloaded to protect The Guardian. A report seen by The Telegraph shows that the Sunday title made a profit of £3.4m in the year to the end of March, outstripping forecasts by almost £300,000. It stands in …

Observer Profit Ahead

Unilever to double down on India under new strategic shift

1 month ago

Unilever to double down on India under new strategic shift

Live Mint

Unilever said it will put India at the center of its new business strategy as it aims to benefit from increasing consumption in one of the world’s fastest-growing economies. In an event with investors, Chief Executive Hein Schumacher on Friday said India is the best opportunity for Unilever over the next couple of years and will be the key for …

India Schumacher Unilever

Looming stamp duty changes ‘could hold back house price growth in 2025’

1 month ago

Looming stamp duty changes ‘could hold back house price growth in 2025’

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Stamp duty changes next year …

England Price 2025 Buyers House Price Growth Stamp Duty Zoopla

Bitcoin breaches $94,000 for the first time, record all-time high

1 month ago

Bitcoin breaches $94,000 for the first time, record all-time high

Live Mint

Bitcoin has hit a record all-time high above $94,000 for the first time amid reports that US President-elect Donald Trump's social media company was in talks to buy crypto trading firm Bakkt, Reuters reported on November 20. “BlackRock's Option saw a record $1.9 billion in trading volume on its first day, fueling Bitcoin's price rally. Tony Sycamore, market analyst at …

Record Trump Bitcoin High Bakkt

Wall Street drifts as Target tumbles

1 month ago

Wall Street drifts as Target tumbles

LA Times

The Standard & Poor’s 500 index finished Wednesday virtually unchanged after erasing a loss of 1% from the morning. Target’s performance stood in stark contrast to rival Walmart, which reported another quarter of stellar sales Tuesday and released optimistic projections for the holiday season. It’s grown so fast, with its stock nearly tripling for the year through Tuesday, that pressure …

Stock Target Nvidia Walmart Wall Street Street Drifts

Shop bosses ‘right’ to warn of job cuts, says Bank of England governor

1 month ago

Shop bosses ‘right’ to warn of job cuts, says Bank of England governor

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The governor of the Bank …

Free Breaking Mr Bailey

Informa trims £1bn profit target as events firm faces FX hit

1 month ago

Informa trims £1bn profit target as events firm faces FX hit

Daily Mail

Taylor & Francis owner Informa has trimmed its annual profit forecast in response to adverse currency fluctuations. During the period, Informa reported a 10.7 per cent bump in underlying sales on the back of growth across all major regions, especially India, the Middle East and Africa. New outlook: Events organiser Informa expects to achieve over £975million in adjusted operating profits …

Informa

Walmart earnings: Holiday shopping is off to a strong start

1 month ago

Walmart earnings: Holiday shopping is off to a strong start

Live Mint

Walmart said U.S. sales rose during the most recent quarter as shoppers bought more groceries, home goods and toys, a sign that spending is off to a steady start at the start of the holiday shopping season. The results Sales: U.S. comparable sales, those from stores and digital channels in operation for at least 12 months, rose 5.3% for the …

Holiday Sales Holiday Shopping Walmart

Walmart heads into official start of holiday season with strong momentum after robust 3Q results

1 month ago

Walmart heads into official start of holiday season with strong momentum after robust 3Q results

Associated Press

NEW YORK — Walmart is heading into the official start of the holiday shopping season with strong tailwinds after ratcheting up better-than-expected fiscal third-quarter sales in many items including toys, home goods and groceries. The robust results, announced Tuesday, underscore how Walmart’s comparatively low prices have become a powerful draw for shoppers seeking to cut spending where they could in …

China Trump Share Walmart Sales Rose

Disney’s streaming business is profitable. Has direct-to-consumer hit a turning point?

1 month ago

Disney’s streaming business is profitable. Has direct-to-consumer hit a turning point?

LA Times

It took billions of dollars in losses, a company-wide overhaul, cost-cutting and price hikes to get there, but Bob Iger and Walt Disney Co. appear to have reached a long-awaited turning point in the streaming business. Disney’s fourth quarter earnings were also buoyed by a strong showing from its resurgent film studios, which put out big hits with “Deadpool & …

Business Streaming Netflix Earnings Disney Hollywood Company

‘Record year’ for Evri deliveries amid growth of ‘pre-loved fashion’ platforms

1 month ago

‘Record year’ for Evri deliveries amid growth of ‘pre-loved fashion’ platforms

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Parcel company Evri has said …

Evri

Company failures will stay high amid surge in wage bills, warns Begbies

1 month ago

Company failures will stay high amid surge in wage bills, warns Begbies

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Insolvency specialist Begbies Traynor has …

Budget High Amid Traynor Group Begbies Traynor Group Begbies Traynor

Wall Street rises following last week’s slide

1 month ago

Wall Street rises following last week’s slide

LA Times

The Standard & Poor’s 500 index rose 0.4% for its first gain in three sessions. Stocks of banks, smaller companies and other areas of the market seen as the biggest winners from Trump’s preference for lower tax rates, higher tariffs and lighter regulation did particularly well. That could tie the Federal Reserve’s hands, when the central bank is trying to …

Market Trump Treasury Stock Last Week

Job losses and price hikes inevitable, warn UK’s biggest firms in stark message to Rachel Reeves over Budget

1 month, 1 week ago

Job losses and price hikes inevitable, warn UK’s biggest firms in stark message to Rachel Reeves over Budget

The Independent

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Price hikes and job cuts are inevitable following Labour’s Budget, business …

Business Independent Labour Budget Hit Reeves Nic

The Guardian leaves X, calling it a ‘toxic media platform’

1 month, 1 week ago

The Guardian leaves X, calling it a ‘toxic media platform’

The Independent

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Guardian newspaper has announced it will stop posting on X, formerly Twitter, …

Musk Platform Guardian Indytech

Bitcoin price nears $90,000. What's behind the rally and will it continue?

1 month, 1 week ago

Bitcoin price nears $90,000. What's behind the rally and will it continue?

India Today

Bitcoin has pushed to a new record, reaching an all-time high of over $89,000 on Tuesday, as optimism around favourable regulatory changes and growing institutional interest fuel the surge. The U.S. Federal Reserve’s 25 basis points rate cut in November has directed investor sentiment toward alternative assets like Bitcoin. Edul Patel, CEO of Mudrex, called the ETF approval a “game-changer,” …

Bitcoin Etf

Wall Street week ahead: Investors to closely watch inflation, retail sales data

1 month, 1 week ago

Wall Street week ahead: Investors to closely watch inflation, retail sales data

Live Mint

In past few days, Wall Street witnessed stock indices climbing to records after Republican candidate and former president Donald Trump resoundingly won the US election against Vice President Kamala Harris. Among the economic data, investors will closely watch consumer inflation and retail sales numbers next week. On November 15, separate reports on Empire State manufacturing survey for November, US retail …

Wall Street Inflation Retail

Make money from Trump: MIDAS SHARE TIPS reveals the winners that could make profits great again

1 month, 2 weeks ago

Make money from Trump: MIDAS SHARE TIPS reveals the winners that could make profits great again

Daily Mail

Donald Trump has vowed to make America great again and, according to pollsters, more than 60 per cent of voters believe that means a stronger economy. > How to choose the best stocks and shares Isa and the right DIY investing account Trump initiatives including allowing more oil exploration could boost London-listed firms Delivering prosperity Financier Bill Ackman has been …

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Stock market today: Wall Street cruises to more records as it closes its best week in a year

1 month, 2 weeks ago

Stock market today: Wall Street cruises to more records as it closes its best week in a year

Associated Press

NEW YORK — U.S. stocks cruised to more records as they closed their best week in a year on Friday. The relatively quiet trading followed huge gains earlier in the week after Donald Trump won the presidential election and the Federal Reserve cut interest rates again to make things easier for the economy. Digital pinboard and shopping site Pinterest slid …

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Asda chief lashes out at Reeves’s ‘very, very damaging’ Budget

1 month, 2 weeks ago

Asda chief lashes out at Reeves’s ‘very, very damaging’ Budget

The Telegraph

Asda’s chairman has hit out at Rachel Reeves’s “very, very damaging” tax rises, warning it will force the supermarket to look closely at how many workers it can afford to employ. Lord Rose said it was “perfectly” clear that the Chancellor had not delivered a Budget for businesses, saying extra taxes were “disproportionately heavy” on larger companies which employ a …

Sainsbury’s expects ‘strong’ Christmas after sales accelerate

1 month, 2 weeks ago

Sainsbury’s expects ‘strong’ Christmas after sales accelerate

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Grocery giant Sainsbury’s has said …

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Domino’s returns to growth after strong delivery orders

1 month, 2 weeks ago

Domino’s returns to growth after strong delivery orders

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Domino’s Pizza Group has returned …

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Marks & Spencer sees profits surge, but cautions over consumer pressures

1 month, 2 weeks ago

Marks & Spencer sees profits surge, but cautions over consumer pressures

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Marks & Spencer has notched …

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Wetherspoon boss warns over price hikes after Budget tax rises

1 month, 2 weeks ago

Wetherspoon boss warns over price hikes after Budget tax rises

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The boss of Wetherspoon has …

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Reeves’s Budget and Trump’s tariffs ‘will drive publicans to drink’, says Wetherspoons boss

1 month, 2 weeks ago

Reeves’s Budget and Trump’s tariffs ‘will drive publicans to drink’, says Wetherspoons boss

The Telegraph

He also suggested that the Reform UK leader Nigel Farage could act as an ambassador to the US. Sir Tim said the business faced a “substantial” jump in costs in the wake of the Chancellor’s hike to employers’ National Insurance contributions and the national living wage. Wetherspoon will, as always, make every attempt to stay as competitive as possible.” However, …

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US election results push bitcoin to new record, 'Trump trades' push global markets higher — as it happened

1 month, 2 weeks ago

US election results push bitcoin to new record, 'Trump trades' push global markets higher — as it happened

ABC

Earlier today in estimates hearings, Greens Treasury spokesman Nick McKim asked Treasury secretary Steven Kennedy about climate change and insurance premiums. Senator McKim wanted to know if Dr Kennedy had turned his mind to the stresses in Australia's insurance industry, and what the government's balance sheet might look like in the future as it increasingly becomes an "insurer of last …

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Trump Media Posts Lackluster Quarterly Sales as Losses Pile Up

1 month, 2 weeks ago

Trump Media Posts Lackluster Quarterly Sales as Losses Pile Up

Live Mint

Donald Trump’s media company continued to lose money in the third quarter as revenue trickled in during the months ahead of Tuesday’s election. Trump Media & Technology Group Corp., which was worth $7.4 billion at Tuesday’s close, reported a net loss in the three months ending Sept. 30 of $19.2 million and net sales of just over $1 million, a …

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S&P and Moody’s warn of fresh constraints to public finances after Budget

1 month, 3 weeks ago

S&P and Moody’s warn of fresh constraints to public finances after Budget

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Ratings agencies S&P and Moody’s …

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