T he FTSE crawled back to positive territory as a strong opening on Wall Street helped to offset early worries over the latest wave of coronavirus in China. Asia’s main markets all slumped early on Thursday, dragging back trading in London and elsewhere in Europe amid concern about a fresh surge of the virus following … Read more
1669625116 Brickability shares rally after build-up in customer base powers profit growth Shares in Brickability rallied after the building products distributor said its move to extend its customer base helped it lift profits, even as clouds started to gather over the house market amid rising interest rates and the cost-of-living crisis. The AIM-listed company reported … Read more
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Madonna with her six children, Lourdes Leon, 26, Rocco Ritchie, 22, David Banda, 17, Mercy James, 16, and ten-year-old twins Stelle and Estere Ciccone. Photo / Instagram Pop icon Madonna celebrated Thanksgiving in New York over the weekend, gathering with her six children and sharing a rare photo of the family all together. The mother … Read more
O ne of the UK’s biggest developers predicted a drop in house prices next year as rising interest rates, the cost-of-living crisis and a likely recession bite into the market. Persimmon predicted “a deterioration in average selling prices” even as it said the “recent and rapid change in market conditions” meant it was too early … Read more
Amazon (AMZN) Q3 2022 Earnings Call Shacknews Amazon stock sinks 20% on weak fourth-quarter guidance CNBC Amazon faces a profitability headwind from e-commerce, says D.A. Davidson’s Tom Forte CNBC Television Amazon misses on holiday forecast and cloud growth, profit; stock plunges 20% MarketWatch View Full Coverage on Google News
“I’ve had people writing to me saying, ‘I had planned to retire next year and I’ve now got to rewrite my plans’,” Sir Steve said. “Or ‘My money has gone down by a quarter since April, what should I do? If I sell, I lock in all my losses, but if I stay it could … Read more
Britain is to be plunged into a deeper recession by Liz Truss’s corporation tax U-turn and the mini-Budget market turmoil, economists warned, as the City braced for more wild swings in the pound and bonds. Forecasters warned that the UK economy’s downturn will last well into next year as new Chancellor Jeremy Hunt promised to … Read more
Good morning. Elon Musk is on course to buy Twitter after reviving a takeover offer for the company. The world’s richest person has caved to Twitter’s legal demands to buy the social media network for $44bn just days before a court battle over the deal was due to begin. Twitter’s shares on the New York Stock … Read more
The UK is trying to strike a long-term deal for gas supplies from Norway as concerns grow over energy security. Ministers are in talks with Norwegian counterparts about prices for a potentially 20-year gas supply contract, Bloomberg reported. Norway is already the UK’s largest supplier of gas, but there is growing competition for its gas … Read more
Good morning. Sterling fell 0.19pc to $1.1144 in early trading, however it has rebounded strongly since the Bank of England announced it would buy as much government debt as needed to restore order. The Bank of England was last night liaising with Swiss authorities after an attempt by Credit Suisse to calm nerves instead stoked fears … Read more