Economic news and events


LONDON BRIEFING: abrdn swings to loss and warns targets to be missed

Shares in abrdn fell early Tuesday after the asset manager reported a swing to loss and lowered its outlook, saying it feels the current market...

Tue, 09/08/2022 - 08:24


UK retail sector seen likely to wither after summer sales boost

UK retailers got a boost from last month's heatwave, with summer clothing and picnic food lifting sales in July, figures on Tuesday showed.

But...

Tue, 09/08/2022 - 05:02


Hungary fines Ryanair for raising prices to handle Covid recovery tax

Hungary has accused Ryanair Holdings PLC of consumer protection violations and fined it more than £600,000 after the budget carrier raised ticket prices to cope...

Mon, 08/08/2022 - 13:14


TOP NEWS SUMMARY: BHP bids for Oz; Veolia sells some Suez to Macquarie

The following is a summary of top news stories Monday.

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COMPANIES

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SoftBank Group swung to a sizeable first-quarter loss, with valuations in its...

Mon, 08/08/2022 - 10:47


LONDON BRIEFING: BHP's £5 billion approach for Oz Minerals rejected

Miner BHP on Monday said that it offered to buy Oz Minerals late last week but that the Oz board rejected its approach.

BHP said...

Mon, 08/08/2022 - 08:18


TOP NEWS SUMMARY: Taiwan says China military exercises ‘irresponsible’

The following is a summary of top news stories Friday.

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COMPANIES

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Facebook-owner Meta Platforms is ending a run as one of the few...

Fri, 05/08/2022 - 11:12


LONDON BRIEFING: London Stock Exchange benefits from market volatility

London Stock Exchange Group on Friday said results in the first half of 2022 improved, as this year's interim period had an extra month's worth...

Fri, 05/08/2022 - 08:15


TOP NEWS: UK house prices in first monthly decline since June 2021

UK house prices declined on a monthly basis for the first time in over a year in July, figures from mortgage lender Halifax showed on...

Fri, 05/08/2022 - 08:01


Truss says UK recession not inevitable, Sunak says lights flashing red

UK Conservative party leadership hopeful Rishi Sunak warned rival Liz Truss's economic strategy will damage the nation, saying that pouring ‘fuel on the fire’ will...

Fri, 05/08/2022 - 05:46


UPDATE: BoE plans to sell £10 billion in gilts per quarter

The Bank of England will aim to shift £10 billion worth of gilts when it begins government bond sales before the end of next month,...

Thu, 04/08/2022 - 13:01


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