Volkswagen has slashed its profit outlook and warned of around €10 billion of charges and restructuring costs, sending its shares 5.5% lower in Frankfurt trading.
Volkswagen has slashed its profit outlook and warned of around €10 billion of charges and restructuring costs, sending its shares 5.5% lower in Frankfurt trading.
The FTSE 100 closed 1.50% lower at 10,654.33 on Friday, falling 162 points in its biggest one-day decline since 8 July.
It has thus far refused four £9 offers from Swedish investment firm EQT, which is said to be looking at Oxford BioMedica plc (LON: OXB) again now that shares are
Mothercare PLC (LON: MTC) shares fell 68% in early trading after the retailer warned that its longer-term solvency had become “highly uncertain” following plans by its largest Middle Eastern franchise
The Bank of England held the Bank Rate at 3.75% by a 6–3 vote, but five of the six members who backed no change outlined circumstances in which they could
The FTSE 100 is expected to open broadly flat at 10,816.44 on Friday, after Thursday’s 1.2% rally, as investors digest a more hawkish Bank of England stance and another interest-rate
When we last looked at the helium market in March, the immediate concern was the Strait of Hormuz. Qatar, the world’s second-largest helium producer, accounted for around 35% of global
The FTSE 100 closed 1.19% higher at 10,816.14 on Thursday, extending its gains for a second consecutive session after the Bank of England kept interest rates unchanged. The FTSE 250
The Bank of England has kept interest rates unchanged at 3.75%, despite inflation rising to a five-month high and mounting pressure from higher energy prices.
The Bank of England is expected to keep interest rates unchanged at 3.75% on Thursday, despite UK inflation rising to a five-month high.
Asian markets were mostly higher on Thursday after the Federal Reserve delivered its first interest-rate increase in more than three years, helping calm the recent sell-off in global bond markets.
For decades, consumers could expect their next computer to deliver more power for their money. The AI boom is challenging that expectation and exposing the physical supply chains behind our