Category: Markets
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
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 equities were lower at the close on Wednesday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors propelled shares lower.
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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 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
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
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
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
Britain's competition regulator plans to launch an investigation into music streaming to see whether a sector dominated by platforms such as Spotify a [...]