LONDON MARKET OPEN: Shares rise on US debt optimism; BT to cut jobs

Growing confidence that US politicians will manage to avoid a destructive government debt default was giving share prices a boost globally on Thursday, though a...

Thu, 18/05/2023 - 09:29


TOP NEWS: BT to cut workforce by up to 40% as profit falls

BT Group PLC on Thursday said it will cut up to 55,000 jobs between by 2030, as it reported a decline in profit and revenue...

Thu, 18/05/2023 - 09:22


Premier Foods annual profit jumps, despite challenging environment

Premier Foods PLC on Thursday said profit and revenue rose in the financial year that ended April 1, despite a challenging environment.

Premier Foods, the...

Thu, 18/05/2023 - 09:16


Rolls-Royce hails ‘game changer’ test of new efficient jet engine

Rolls-Royce Holdings PLC on Thursday reported ‘successful’ testing of a new fuel efficient aerospace engine, culminating ‘many years work’ alongside the UK and European Union....

Thu, 18/05/2023 - 09:02


TOP NEWS: Burberry profit surges, boosted by growth in China

Burberry Group PLC on Thursday said profit was up by a quarter as it celebrates its ‘refocused brand aesthetic’ and China’s reopening boosts sales.

The luxury...

Thu, 18/05/2023 - 08:59


TOP NEWS: Investec annual profit up despite low funds under management

Investec PLC and Ltd on Thursday reported a ‘strong’ financial performance, though funds under management buckled under a challenging macroeconomic backdrop.

The Sandton-based financial services...

Thu, 18/05/2023 - 08:24


Are shareholders with nominee accounts losing out on company access?

As small shareholders, most of us hold our investments in what is known as a ‘nominee’ account whether it is through a platform or...

Thu, 18/05/2023 - 00:00


When to sell a share: How to know if it's time to exit an investment

As an investor, you should be willing to sell shares in a company should you believe its best days are in the past. You...

Thu, 18/05/2023 - 00:00


Beware: the expensive mortgage rate you should avoid at all costs

Lots of homeowners are facing the prospect of re-mortgaging in the next year, coming off their cheap fixed-rate deals from the past few years...

Thu, 18/05/2023 - 00:00


Air travel is making a comeback: discover the best airline shares to invest in

There has been a string of good news from across the airline sector of late. Budget airline EasyJet (EZJ) said in its...

Thu, 18/05/2023 - 00:00


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