Friday, 19 Apr 2024

Business

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Asos revenue smashes through the €1bn mark

Asos revenues smashed through £1bn (€1.2bn) in the four months that covered the Christmas period, a 20pc rise compared to the same period a year before. The business said that total retail sales hit £1.07bn (€1.27bn), while group revenue reached almost £1.11bn (€1.3bn). Just under 40pc of retail sales came from the UK, as it […]

Boeing delays 777X plane's first test flight due to bad weather

(Reuters) – Boeing Co (BA.N) said on Wednesday it was delaying 777X airplane’s first test flight, which was scheduled to take place on Thursday, due to bad weather. Boeing said it was currently assessing the possibility of conducting the test flight on Friday. Source: Read Full Article

Stocks edge up, oil drops as China virus worries abate

NEW YORK (Reuters) – World stock markets gained back some ground on Wednesday as investors took heart from measures to curb the spread of a flu-like virus from China, while oil prices tumbled on a forecast for a market surplus. Worries about contagion of the coronavirus and its effect on the global economy, particularly as […]

S&P, Nasdaq hit new highs on waning China virus fears, earnings

(Reuters) – The S&P 500 and the Nasdaq hit fresh all-time highs at the open on Wednesday, as investors took heart from China’s efforts to contain a virus outbreak and a strong forecast from IBM. The Dow Jones Industrial Average .DJI rose 67.59 points, or 0.23%, at the open to 29,263.63. The S&P 500 .SPX […]

Sainsbury’s CEO Mike Coupe to quit as supermarket confirms hundreds of job cuts

Sainsbury's boss Mike Coupe has announced plans to step down as the grocer's chief executive, just hours after confirming hundreds of job cuts. After almost six years as in the role and fifteen years working for Sainsbury’s, Coupe will retire in May 2020. Sainsbury's chairman Martin Scicluna, said: "Mike has spent more than fifteen years […]

China stocks tumble on virus outbreak, but regional markets steady

SINGAPORE (Reuters) – Asian stock markets bounced on Wednesday as China’s response to a virus outbreak tempered fears of a global pandemic, although Shanghai shares slipped amid worries about a hit to domestic demand and tourism. Fears of contagion, particularly as millions travel for Lunar New Year festivities, has pushed stocks from record peaks. The […]

Honda to join White House initiative to boost U.S. job training

WASHINGTON (Reuters) – Honda Motor Co (7267.T) will join on Tuesday a growing number of companies signing a White House pledge to boost U.S. job training opportunities. The third largest Japanese automaker will announce in Ohio it will provide expanded job training opportunities to 50,000 workers by 2025. Other major companies including Alphabet Inc’s (GOOGL.O) […]

Martin Lewis explains how to earn an astonishing 50% on your savings

Money expert Martin Lewis has explained how millions of people can earn an astonishing 50% on their money without putting it at any risk of being lost at all. Speaking on the Martin Lewis Money Show on Monday evening, he was giving advice on how people can ensure they make the most on their money […]

Shopper praises top-rated £6 Matalan anti-snore pillow that saved marriage

One shopper has revealed how a wallet-friendly anti-snore pillow from Matalan has saved her marriage. The mum shared her revelation with members of the Extreme Couponing and Bargains UK Facebook group. The member wrote: "This is a bargain, if you are ready to suffocate your partner in the night. £6 from Matalan!!! "I bought it, […]

Director pay hike hits profits at seafood group HJ Nolan after HQ sale

Pre-tax profits at the main firm of fish distributor HJ Nolan last year declined by 10pc to €1.98m. New accounts show that the main factor behind the drop in profits at HJ Nolan (Dublin) Ltd was pay to directors soaring. George V Nolan and James Ryan are listed as the directors. Directors’ pay increased more […]