Category: Markets

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Coca-Cola gets boost from rising soda demand, lifts profit forecast

Coca-Cola gets boost from rising soda demand, lifts profit forecast

Coca-Cola (NYSE:KO) Co raised its full-year profit forecast on Wednesday, indicating that higher prices and demand for its sodas across the globe were [...]
UK market update – BP trading team has Q3 bonanza, Wickes sales slow

UK market update – BP trading team has Q3 bonanza, Wickes sales slow

At 07:25BST, FTSE 100 Futures are trading lower by 0.1% at 7250. In FX markets, GBP/USD is trading at 1.3765, EUR/GBP is trading at 0.8429. The US [...]

UK DIY retailer Wickes flags slowing sales, backs full-year guidance

Wickes Group flagged slowing third-quarter sales after the lifting of lockdowns compared with last year, when the home improvement retailer benefited [...]
Japan shares lower at close of trade; Nikkei 225 down 0.03%

Japan shares lower at close of trade; Nikkei 225 down 0.03%

Japan equities were lower at the close on Wednesday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors propelled shares lower. [...]

Panasonic unveils prototype battery to help Tesla lower production costs

Panasonic on Monday unveiled a new large prototype battery designed to help Tesla Inc lower electric vehicle (EV) production costs, in a move the Japa [...]
HSBC bucks China property worries with 74% profit jump, $2 billion buyback

HSBC bucks China property worries with 74% profit jump, $2 billion buyback

HSBC Holdings reported a surprise 74% rise in third quarter profit as it shrugged off concerns about pandemic-related bad loans and property problems [...]
Oil, mining stocks lift FTSE 100; HSBC hits 4-month high after results

Oil, mining stocks lift FTSE 100; HSBC hits 4-month high after results

London's blue-chip index rose on Monday, as higher commodity prices lifted oil and mining stocks, while shares in HSBC gained after the Asia-focussed [...]
Labour union urges European authorities to widen Amazon antitrust probe after Reuters story

Labour union urges European authorities to widen Amazon antitrust probe after Reuters story

A global trade union for the services sector on Friday urged European authorities to widen their antitrust investigation of Amazon.com Inc (NASDAQ:AM [...]
UK market update – BHP iron ore output down 4%, UK probes Meggitt takeover

UK market update – BHP iron ore output down 4%, UK probes Meggitt takeover

At 07:38BST, FTSE 100 futures are trading higher by 0.2% at 7196. In FX markets, GBP/USD is trading at 1.3774, EUR/GBP is trading at 0.8459. The US [...]
UK competition watchdog has music streaming in its sights

UK competition watchdog has music streaming in its sights

Britain's competition regulator plans to launch an investigation into music streaming to see whether a sector dominated by platforms such as Spotify a [...]
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