Headline News
Euro 2024 expected to give retailers a big boost, BRC poll shows
This summer's EUFA European Championship is expected to give UK retailers a big boost, according to a poll released on Wednesday by the British Retail Consortium.
UK's Sunak pledges £17bn in tax cuts, but questions remain over reliability of planned funding
Embattled UK Prime Minister Rishi Sunak has promised almost £17bn in tax cuts in an effort to kick-start his faltering election campaign that sees his Conservative Party trailing badly in the polls ahead of the vote on July 4.
OPEC keeps global oil demand forecasts unchanged
The Organisation of the Petroleum Exporting Countries kept its short-term global oil demand forecasts unchanged.
Senior Hamas official says UN ceasefire proposal has been accepted
A senior official from Palestinian terrorist group Hamas reportedly said the organisation had accepted the ceasefire resolution that had been approved the night before by the UN Security Council.
Covestro close to granting Adnoc in-depth due diligence - report
Covestro is reportedly close to granting Abu Dhabi National Oil Co. access to in-depth due diligence in expectation of an improved takeover bid, signalling fresh impetus for the talks between both parties after a year of negotiations.
Rio Tinto to buy Mitsubishi’s 11.7% stake in Boyne aluminium smelter
Rio Tinto said on Tuesday that it has agreed to buy Mitsubishi Corporation’s 11. 65% interest in Boyne Smelters (BSL) for an undisclosed sum.
GSK launches appeal to recent Zantac ruling
GSK has started the process of appealing a recent decision by the Delaware Superior Court regarding the ongoing Zantac, or ranitidine, litigation, it announced on Tuesday.
UK wages grow faster than expected
Wages grew faster than expected in the three months to April, according to figures released on Tuesday by the Office for National Statistics, dashing hopes of a rate cut this summer.
Senior wins $80m parts contracts from Collins Aerospace
Aircraft and defence engineering specialist Senior said it had won 10-year production contracts worth $80m from Collins Aerospace to supply thrust reverser structural components for Boeing 787, Airbus A320neo and Airbus A220 aircraft.