Saturday, 11 Jan 2025

Business

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Zizzi launch completely vegan four cheese pizza in high street first

If you thought Greggs’ vegan sausage roll was big, Zizzi have just launched the oxymoron of all menu items: a completely vegan four cheese pizza. The high street’s first ever four vegan cheese pizza, Zizzi’s Quattro No Maggio is topped with four distinct flavours of rich and creamy dairy-free cheese. Smoked vegan cheese, vegan cheddar […]

Costa just made a big change to its coffee that will make vegans very happy

While going full vegan for an entire month isn’t for everyone, if there’s one thing in our lives we could cope with going vegan for, it’s our daily coffee. So Costa Coffee have launched two new milk options – one of which is vegan – which are hitting stores today (Thursday 3 January). The popular […]

Bristol-Myers bulks up cancer portfolio with $74 billion Celgene deal

(Reuters) – Bristol-Myers Squibb Co (BMY.N) said on Thursday it would buy Celgene Corp (CELG.O) for about $74 billion, creating a major pharma company with several blockbuster cancer drugs as competition in the immunotherapy space heats up. Bristol-Myers pioneered immunotherapy with its Yervoy and later Opdivo, but has come under pressure as Merck & Co’s […]

DealBook Briefing: Apple’s Struggles Add to Uncertainty in Markets

Good Thursday morning. Want this by email? Sign up here. Apple cuts its forecast, blaming a slowdown in China Evidence continues to mount that China’s economy is slowing faster than expected. The latest data point comes courtesy of Apple. A significant slowdown in iPhone sales in China forced the company to reduce revenue expectations for […]

Apple bombshell rocks European, Asian shares; 'flash crash' jolts currencies

SHANGHAI/LONDON (Reuters) – Apple’s rare warning on revenue rocked financial markets on Thursday, reigniting concerns about slowing global economic and corporate growth and potential damage from Washington’s protracted trade row with Beijing. Asian and European shares fell sharply, led by a sell-off in technology stocks, and U.S. stock futures pointed to a weaker open on […]

At Brazil's Petrobras, a 'Chicago Boy' takes the reins

RIO DE JANEIRO (Reuters) – Depending on who you ask, Roberto Castello Branco, the new chief executive of Brazil’s Petroleo Brasileiro SA (PETR4.SA), will either save the indebted oil major – or strip it to the bone. Tapped by far-right President Jair Bolsonaro, who took power on Tuesday, Castello Branco had said in a June […]

Ireland to ask for huge EU handout in event of hard Brexit

The Government will seek hundreds of millions of euro in special aid from Brussels if the UK crashes out of the EU without a deal. Dublin has already alerted the EU Commission that it will be lobbying for emergency aid to cope with the fallout to Irish trade, particularly for the beef, dairy and fishing […]

Oil prices fall on demand fears, market volatility

SINGAPORE (Reuters) – Oil prices fell by 1 to 2 percent on Thursday amid volatile currency and stock markets, and on concerns that an economic slowdown in 2019 will cut into fuel demand just as crude supplies are surging. U.S. West Texas Intermediate (WTI) crude oil futures dropped by 2.2 percent, or $1.01, from their […]

Oil prices slide on supply surge, global market turmoil scares off investors

SINGAPORE (Reuters) – Oil prices fell on Thursday amid volatile currency and stock markets, and as analysts warned of an economic slowdown for 2019 just as crude supply is rising globally. U.S. West Texas Intermediate (WTI) crude oil futures dropped by around 2 percent from their last settlement, or 93 cents, to $45.61 by 0404 […]

Christmas Eve surge boosts John Lewis

Britain’s biggest department store operator John Lewis said sales rose 4.5pc in the week ending December 29, boosted by strong demand on Christmas Eve and “a confident start to post-Christmas clearance both online and in shops”. Fashion sales were up 10.7pc on the previous year, with women’s cashmere and accessories performing well, the employee-owned retailer […]