Headline News
House prices set to rise in 2025 as cost of borrowing falls - Rightmove
House prices are set to rise by 4% next year, according to an industry forecast published on Thursday, as mortgage rates fall and demand remains strong.
Sweden’s Klarna fined SEK500m for money laundering failures
Buy now, pay later firm Klarna has been fined SEK500m (£35. 7m) by Sweden’s financial regulator for violating anti-money laundering rules.
Exxon Mobil to boost capital spending
Exxon Mobil said on Wednesday that it was planning to lift spending on oil production as it outlined the key elements of its 2030 plan.
Endeavour Mining shares shine as Cote D'Ivoire project advances
Shares in Endeavour Mining spiked on Wednesday as the company said it would conduct a definitive feasibility study (DFS) on its Assafou-Dibibango gold project in Côte d’Ivoire after preliminary assessment confirmed its potential to be a tier one asset.
Patient Capital to buy Patterson Companies in $4.1bn deal
Patterson Companies surged on Wednesday as the dental and animal health distributor agreed to be bought by healthcare investment firm Patient Square Capital in a $4. 1bn deal.
US headline CPI picks up slightly in November
The cost of living in the States picked up slightly last month as food and vehicles became dearer, although increases in shelter prices eased.
Close Brothers given permission to appeal motor finance ruling
Close Brothers shares surged on Wednesday after the Supreme Court agreed that it could appeal a landmark ruling on motor finance commissions.
Grocery sales edge higher ahead of expected festive surge - NIQ
Grocery sales ticked higher last month, industry research showed on Wednesday, ahead of a likely surge in the weeks leading up to Christmas.
HSBC eyes $3bn in potential cost savings - report
Banking giant HSBC Holdings is mulling plans that could trim costs by at least $3bn, it was reported on Wednesday, as it continues to overhaul its global operations.
Boots could be spun out if Walgreens buyout goes ahead - report
Chemist chain Boots could be put up for sale again should a possible takeover of its US parent go ahead, it was reported on Wednesday.
Inditex disappoints despite jump in sales, profits
Shares in Zara owner Inditex came under pressure on Wednesday, despite a solid start to the festive shopping season, after earnings narrowly missed expectations.
Zalando to buy rival About You in €1.1bn deal
German online fashion retailer Zalando said on Wednesday that it has agreed to buy About You in a deal that values its rival at around €1. 1bn.
British American Tobacco reaffirms full-year guidance
British American Tobacco reaffirmed its full-year guidance for 2024 on Wednesday, supported by a stronger second half driven by investments in its US commercial operations and innovation in its ‘New Categories’ portfolio.
Volution revenue rises amid solid UK residential performance
Volution reported a rise in revenue on Wednesday as it hailed a particularly strong performance in the UK residential market.