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All posts in: Business & Finance

Cardiff semiconductor firm IQE soars by a third as bosses pin their hopes on a bounceback

By Daily Mail City & Finance Reporter Updated: 22:01 BST, 10 April 2024 Recovery hopes: IQE – which supplies Iphone-maker Apple, said losses shrunk fr... read more

US fails to slam brakes on £100bn TikTok boom as profits at Chinese owner surge

By Leah Montebello Updated: 22:01 BST, 10 April 2024 Business is booming at the Chinese owner of TikTok despite attempts in Washington to ban the video-sharing ... read more

BUSINESS LIVE: US inflation higher than forecast; Tesco profits near £2.8bn; M&C Saatchi earnings slump

By Live Commentary Updated: 17:44 BST, 10 April 2024 US Consumer Price Inflation was higher than expected in March, with both core and headline inflation up 0.4... read more

Direct Line names Aviva’s Jane Poole as CFO

Poole will replace Neil Manser, who has worked at Aviva since October 2011 Direct Line chief executive Adam Winslow was Ms Poole’s superior at Aviva By Ha... read more

Capita shares rise as group extends contract with telecoms firm

Capita shares have fallen by over 59% in the last year   By Jane Denton Updated: 10:19 BST, 10 April 2024 Capita shares rose on Wednesday after the group conf... read more

THG losses narrow as group ups use of AI and automation

THG saw annual loss narrow and revenue grew in the final quarter   By Jane Denton Updated: 10:02 BST, 10 April 2024 THG losses narrowed last year as the retai... read more

M&C Saatchi profits slide as ad market continues to suffer

M&C Saatchi revealed headline pre-tax profits declined by 10% to £28.7m Higher interest rates slowed the technology sector’s growth last year By Harr... read more

Tax trap on new NS&I British Savings Bonds when you pay in just £7,700

Guaranteed Growth Bonds lock your money away for three years and pay 4.15%  They are structured so they can only be accessed at end of the three-year term By S... read more

NS&I log-in problems persist for four days and it claims it was NOT a cyber attack

By Toby Walne Updated: 22:12 BST, 9 April 2024 A four-day computer meltdown at National Savings and Investments has been blamed on a ‘technical issue’ that ... read more

BAE and Rolls-Royce in the line of fire as defence stocks tumble in £12bn rout

By John-Paul Ford Rojas Updated: 22:07 BST, 9 April 2024 Europe’s defence and aerospace stocks suffered a £12billion sell-off yesterday amid concerns that th... read more

HSBC offloads Argentina arm at a hefty loss as South American country is racked by hyperinflation

By John-Paul Ford Rojas Updated: 22:06 BST, 9 April 2024 HSBC has agreed to sell its operations in hyperinflation-plagued Argentina in a deal that will deliver ... read more

Pub giant Stonegate warns of ‘material uncertainty’ over its £2bn debt

By Daily Mail City & Finance Reporter Updated: 22:06 BST, 9 April 2024 Last orders: Stonegate has until 2025 to refinance its debts Britain’s largest... read more

UK logistics firm Unipart sees revenue top £1bn for the first time

By Daily Mail City & Finance Reporter Updated: 22:05 BST, 9 April 2024 Billion mark: Unipart provides logistics and supply chain services across 27 countrie... read more

Soriot is ‘massively underpaid’ on £18.7m claims top AstraZeneca shareholder

By Leah Montebello Updated: 22:05 BST, 9 April 2024 Astrazeneca’s boss is ‘massively underpaid’ and deserves a raise, according to one of its leading ... read more

Frasers Group and Next both in the running to buy Ted Baker out of administration

By Daily Mail City & Finance Reporter Updated: 22:04 BST, 9 April 2024 Rescue: Frasers and Next are said to be considering saving Ted Baker’s European bus... read more

Former Shell boss van Beurden fuels fears energy giant will ditch London for New York

By Jessica Clark Updated: 22:03 BST, 9 April 2024 Warning: Ex-Shell chief exec Ben van Beurden (pictured) said the oil major is ‘massively undervaluedR... read more

Gauloises maker Imperial Brands lifts guidance thanks to vape sales

Imperial Brands noted that tobacco sales had been bolstered by price hikes Demand for its next-generation brands was supported by product launches  By Harry Wi... read more

Global Gambling Market Report and Strategies

The gambling industry is a behemoth that does not seem to slow down anytime soon. As it grows and serves more users, all industry stakeholders are looking for n... read more

BP lifts oil and gas production guidance for first quarter

BP forecasts upstream production to be larger in the first quarter of 2024 Yet the company said lower oil and gas prices would cause an ‘adverse impact... read more

Lloyds Bank launches first-of-its-kind ‘ready made’ pension service

A select number of customers have already been able to sign up to Lloyds’ pensions service, but it will be officially launched from today.  Lloyds Bank s... read more

Spanish owner of make-up company Charlotte Tilbury planning £8.5bn float

By Daily Mail City & Finance Reporter Updated: 22:01 BST, 8 April 2024 Lip sync: Jourdan Dunn and Kate Moss showcase Charlotte Tilbury lipstick The owner of... read more

Borrowing costs surge as JP Morgan boss Dimon sounds alarm

By Hugo Duncan Updated: 22:01 BST, 8 April 2024 Borrowing costs rose on both sides of the Atlantic as investors scaled back bets on interest rate cuts. The US t... read more

City shock as Shell threatens to quit London stock market for U.S.

By Hugo Duncan Updated: 22:01 BST, 8 April 2024 Shell has threatened to quit the London stock market in what would be a hammer blow to the City. Chief executive... read more

Amazon shares eye record high ahead of a predicted bumper earnings season for Big Tech

By John Abiona and Emily Hawkins Updated: 22:00 BST, 8 April 2024 Amazon shares touched an all-time high last night ahead of a bumper earnings season for Big Te... read more