Headline News
Autos boost US retail sales in November
US retail sales grew more quickly than anticipated in November, in large part due to a jump in outlays for motor vehicles and parts.
Frasers CEO Murray nominated for seat on Hugo Boss supervisory board
Frasers Group said on Tuesday that its chief executive, Michael Murray, has been nominated for a role on the supervisory board of German fashion brand Hugo Boss, in which it owns a 15% stake.
Barclays loses key motor finance court challenge
Barclays lost a key court challenge related to its car loan practices on Tuesday, marking a significant setback for lenders facing a potential multi billion-pound compensation bill over auto-finance claims.
German business sentiment unexpectedly improves in December - ZEW
German business sentiment unexpectedly improved in December, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.
Tullow Oil tumbles as Kosmos walks away
Tullow Oil tumbled on Tuesday after Kosmos Energy said it does not plan to make an offer for the oil and gas exploration company.
German business sentiment deteriorates in December - Ifo
German business sentiment deteriorated in December, according to a survey released on Tuesday by the Ifo Institute.
Chemring shares slump despite record order book
Shares in Chemring slumped on Tuesday despite the UK defence and aerospace contractor reporting a record order book amid global political tensions and the war in Ukraine.
Bunzl shares slide as it flags flat underlying revenue
Specialist international distribution and service provider Bunzl said in an update on Tuesday that it expected full-year revenue for 2024 to rise about 3% at constant exchange rates, driven by acquisitions, although underlying revenue would see a small decline.
British govt approves Bharti’s acquisition of 24.5% BT stake
The British government has approved Bharti Global’s acquisition of a 24. 5% stake in telecoms firm BT Group from France’s Altice.
UK unemployment rate steady, pay growth picks up
The UK unemployment rate was steady in the three months to October, while pay growth picked up, according to figures released on Tuesday by the Office for National Statistics.