Market Pulse
Moneysupermarket reports mixed first quarter
Moneysupermarket Group reported continued growth in insurance segments in its first quarter on Tuesday, with overall revenue up 8% at £114. 6m.
Vodafone taps SAP executive to lead business division
Vodafone announced the appointment of Marika Auramo as chief executive of Vodafone Business on Tuesday, effective from 1 July.
Tuesday newspaper round-up: Tesla, Trump trial, Boeing, Thames Water, Apple
Tesla is to cut more than 14,000 jobs as Elon Musk’s groundbreaking electric car company feels the heat of a global price war with Chinese rivals at the same time as stalled demand for zero-emission vehicles. In an email to staff amid reports that workers in California and Texas have begun receiving redundancy notices, Musk stated: “As we prepare the company for our next phase of growth, it is extremely important to look at every aspect of the company for cost reductions and increasing productivity.