FTSE still short of record high as Chinese growth slows, Ocado hit by shrinking basket sizes and THG in the doghouse again

“The FTSE 100 fell just short of its record highest close on Monday night and was treading water on Tuesday after Chinese fourth quarter growth...

Tue, 17/01/2023 - 09:59


Inchcape buys controlling stake in Philippines auto distributor Cats

Inchcape PLC on Tuesday announced a joint venture agreement with the Cats Group of Companies in the Philippines, including the acquisition of a controlling stake...

Tue, 17/01/2023 - 09:57


Diageo to buy Philippines-based Don Papa Rum for €260 million

Diageo PLC on Tuesday said it will buy Don Papa Rum, a dark rum from the Philippines, for an initial payment of €260 million.

Diageo...

Tue, 17/01/2023 - 09:46


TOP NEWS: Ocado shares down as Ocado Retail annual sales fall

Ocado Group PLC on Tuesday said Ocado Retail Ltd reported that revenue inched up slightly in the the 13 weeks to November 27, its financial...

Tue, 17/01/2023 - 09:44


LONDON BROKER RATINGS: Bernstein cuts Unilever to ’underperform’

The following London-listed shares received analyst recommendations Tuesday morning:

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FTSE 100

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Goldman Sachs raises Experian price target to 3,950 (3,850) pence - ’buy’...

Tue, 17/01/2023 - 09:36


TOP NEWS: Experian quarterly revenue grows, boosted by Latin America

Experian PLC on Tuesday said it delivered a financial third-quarter performance in line with expectations thanks to new products, new business wins and consumer expansion....

Tue, 17/01/2023 - 09:13


LONDON MARKET OPEN: Stocks down as UK real earnings fall at fast pace

The market focus Tuesday was back on central banks, as a Bank of Japan policy meeting got underway and as the Bank of England was...

Tue, 17/01/2023 - 09:10


TOP NEWS: Rio Tinto wary of volatility, but guidance remains unchanged

Rio Tinto PLC on Tuesday maintained its guidance for the year ahead, after ending its fourth quarter with production slightly up on last year.

The...

Tue, 17/01/2023 - 09:08


UPDATE: UK average pay in real terms falls by near record 2.6%

The UK unemployment rate remained steady in November, according to the latest data from the Office for National Statistics, but average pay adjusted for inflation...

Tue, 17/01/2023 - 07:45


TOP NEWS: UK unemployment rate stays at 3.7%; average pay rises 6.4%

The UK unemployment rate remained steady in November, according to the latest data from the Office for National Statistics.

The unemployment rate was 3.7%...

Tue, 17/01/2023 - 07:38


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