Full List Of Stories
Boohoo u-turns on exec bonuses after investor outrage
Fast fashion retailer Boohoo has backtracked on a plan to seek investor approval to hand £1m each in bonuses to co-founders Mahmud Kamani and Carol Kane along with chief executive John Lyttle.
Ithaca appoints ENI's Luciano Vasques CEO as Q1 profits fall
North Sea oil and gas explorer Ithaca Energy on Tuesday said it had appointed ENI executive Luciano Vasques as chief executive officer following its £750m deal to buy almost all of the Italian firm’s UK assets and reported a fall in first-quarter profits on weaker gas prices and lower production.
Reeves rules out snap budget if Labour wins election
UK Labour Party shadow finance minister Rachel Reeves said there would be no emergency budget statement this summer if her party won the general election on July 4 and also ruled out further tax rises beyond what had been outlined already.
Europe midday: Shares slip into red as eyes turn to EZ, US inflation
European shares slipped into the red on Tuesday as traders looked ahead to inflation data across the Atlantic later in the week while hopes of a June interest rate cut from the European Central Bank were buoyed by comments from two policymakers on Monday.
Asia report: Shares down as investors mull ECB rate cut talk
Asia-Pacific markets closed mostly lower Tuesday as traders mulled comments from European Central Bank officials suggesting interest rates could be cut next month.
Europe open: Shares up after dovish ECB comments on June cut
European shares opened higher on Tuesday as traders looked ahead to inflation data across the Atlantic later in the week while hopes of a June interest rate cut from the European Central Bank were buoyed by comments from two policymakers on Monday.
Bunzl Nisbets purchase cleared by Ireland regulator
Bunzl’s £339m takeover of UK-based catering equipment provider Nisbets has been cleared by Ireland’s competition regulator, the company said on Tuesday.