Tuesday, 28 May 2024

Business

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Boost in tech shares sends Wall Street higher

NEW YORK (Reuters) – Wall Street gained on Monday, with all three major indexes closing near session highs as sustained optimism on the prospects for U.S.-China trade relations propelled technology shares. The S&P 500 index and the Nasdaq both closed above their 100-day moving averages for the first time since October. Shares of Apple Inc […]

Brussels stands firm as senior Conservatives seek Brexit backstop alternatives

Brussels has stepped up its opposition to attempts to reopen Theresa May’s Brexit deal as senior Conservatives began talks on alternatives to the Irish backstop. The European Union’s chief negotiator Michel Barnier said the backstop was the “only operational solution” to prevent a hard border on the island of Ireland. And senior Brussels official Martin […]

Here’s how Brits can get better odds on the £112 million* Superdraw rollover

There’s soaring interest in the lottery Superdraw which has an even larger jackpot after Friday’s rollover. Following huge build-up before the weekend, no winners were drawn for EuroMillions’ highly-anticipated event, meaning more money up for grabs in Tuesday’s draw. RIGHT NOW: New customers can get a half-price offer** on the £112* million Superdraw using this […]

Krispy Kreme are doing buy one get one free on their doughnuts tomorrow

It might still be over a week until Valentine’s day, but that doesn’t mean we can’t start the celebratory/consolatory feasting early. Especially when there’s free doughnuts involved. As tomorrow (5th February), doughnut kings Krispy Kreme are launching a buy one get one free offer on their Valentine’s doughnuts range. Getting you two doughnuts for the […]

Four senior executives leave AutoNation amid restructuring, bleak outlook

(This January 7 story corrects headline to clarify four senior executives are leaving the company, not its four top executives.) (Reuters) – AutoNation Inc said on Monday four senior executives including chief operating officer are leaving the company as it restructures to cut costs and expects automotive retail to be challenging this year. The top […]

Wirecard says law firm found no findings of criminal misconduct

FRANKFURT (Reuters) – Wirecard on Monday said that an external law firm it brought in to investigate actions by a member of its finance team in Singapore made no conclusive findings of criminal misconduct by any employee of the company. The payments firm contested articles from the Financial Times about alleged financial irregularities, which had […]

D-Day for Australian banks as bombshell inquiry report set for release

SYDNEY (REUTERS) – The Australian government is due to release on Monday (Feb 4) the final recommendations of the independent inquiry that exposed systemic wrongdoing in Australia’s financial sector last year, likely leading to sweeping changes to the country’s banking industry. The big banks, insurers, pension funds and regulators who oversee the financial industry are […]

Fly farmer Hexafly plots €10m drive to take flight – FarmIreland.ie

Meath-based agritech firm Hexafly is looking to raise €10m this year. The company uses insects to turn waste into material that can be used in animal feed ingredients, fertilisers and a range of other industries. Flies consume the waste, and as they grow they shed their skins, from which the valuable material is produced. Hexafly, […]

Asia stocks quiet, dollar supported after upbeat U.S. jobs data

TOKYO (Reuters) – Asia stocks were barely moved on Monday, staying near a four-month high after Wall Street’s tepid pre-weekend performance, while the dollar was supported against the yen following strong U.S. jobs and manufacturing data. MSCI’s broadest index of Asia-Pacific shares outside Japan was basically unchanged, capped below the four-month peak scaled on Friday. […]