Headline News
Telegraph and Spectator put up for sale again
The Telegraph and The Spectator are to be put up for sale again after Abu Dhabi-backed suitor RedBird IMI walked away, it was confirmed on Tuesday.
US Employment Cost Index rises more quickly than expected in Q1
The cost in the U. S. of employing workers picked up modestly at the start of 2024 amid a jump in benefits.
First-quarter earnings fizz at Coca-Cola
The Coca-Cola Company lifted its annual sales forecast on Tuesday, after first-quarter numbers at the US giant topped expectations.
Spain's BBVA approaches rival Sabadell regarding possible merger
Spain's second-largest lender BBVA has expressed its renewed interest in a takeover of its smaller rival Banco Sabadell.
HSBC chief executive Quinn in shock departure
HSBC group chief executive Noel Quinn said he was retiring after nearly five years in the job, in a shock announcement on Tuesday.
Santander sees profits spark on higher interest rates
Banco Santander said on Tuesday that profits jumped in the first quarter, boosted by higher interest rates.
Space NK owner said to have hired bankers to sell beauty chain
The owner of Space NK has reportedly picked bankers to handle a sale of the high street beauty chain that is expected to fetch more than £300m.
Eurozone exits recession as Q1 GDP grows 0.3%, inflation holds at 2.4%
There were further signs that the eurozone was starting to turn a corner as inflation held steady at 2. 4% and the single currency economy avoided recession in the first quarter of the year.
UK mortgage approvals hit 18-month high - BoE
Mortgage approvals continued to rise in March, official data released on Tuesday showed, to reach an 18-month high.
Deposits push higher at Metro Bank
Metro Bank saw deposits edge up in the first quarter, the high street lender confirmed on Tuesday.
China's manufacturing sector gathers pace in April
China’s manufacturing sector continued to strengthen in April, closely-watched data published on Tuesday showed.
Howdens hails 'encouraging' start to year as Q1 revenues rise
Trade kitchen and joinery supplier Howden Joinery reported a rise in first-quarter depot revenue on Tuesday as it hailed an "encouraging" start to the year.
Rotork reports another quarter of strong trading
Rotork said in a trading update on Tuesday that first-quarter order intake showed positive growth, up in the low single digits compared to the previous year, on an organic constant currency (OCC) basis.
Glencore says Q1 copper output falls, but holds guidance
Commodities miner and trader Glencore on Tuesday said first-quarter copper production fell 2% while cobalt output declined 37% due to lower production at its Mutanda mine in Congo.
Prudential describes robust first-quarter performance
Prudential described a robust first-quarter performance in an update on Tuesday, with new business profit increasing by 11%, reaching $810m across diverse geographical markets.
Card Factory profits jump, dividends reinstated
Card Factory shot higher on Tuesday as it said it was resuming dividend payments and posted a jump in full-year profits.
Coca-Cola HBC Q1 revenues beat guidance
Bottler Coca-Cola HBC on Tuesday said first-quarter revenue beat forecasts and reiterated guidance that annual operating profit would grow further on the back of strong demand.
Telecom Plus sees FY profit at upper end of expectations
Telecom Plus said on Tuesday that full-year adjusted pre-tax profit was set to be towards the upper end of market expectations after a record year.