The group claimed "spectacular" trading performance but analyst Michael van Dulken said reported profits fell an eye-watering 69% after adjustments. The budget sportswear chain, owned by billionaire Mike Ashley, claimed a "spectacular trading performance" with profits up 23% in the
LONDON, Dec 14 (Reuters) - Emerging equities rose to a neartwo-week high on Thursday after the U.S. Fed delivered awidely-expected rate rise but remained cautious on the inflationoutlook, while Turkey's lira slipped before a central bankmeeting.
Emerging equities rose to a near two-week high on Thursday after the U.S. Fed delivered a widely-expected rate rise but remained cautious on the inflation outlook, while Turkey's lira slipped before a ...
South African precious metals miner Sibanye-Stillwater has agreed to buy Lonmin in an all-share deal, valuing the troubled platinum producer at about 285 million pounds ($382 million). Lonmin, the world's third biggest platinum producer, has been battling weak global platinum prices and soaring
Saudi Arabia's King Salman approved 72 billion riyals ($19.2 billion) worth of measures to stimulate growth in the private sector as authorities seek to pull the economy out of a slump caused by low oil prices. The measures include residential housing loans worth 21.3 billion riyals, a 10 billion
It’s 5am in California and Peter Jensen, head of digital innovation for Moleskine, is already up, gathering his things together ready for a flight to New York. “Your creativity and your ideas should be able to move from one platform to another,” Jensen says.
LONDON (AP) — The Bank of England is expected to keep its main interest rate unchanged at 0.50 percent on Thursday, a month after increasing borrowing costs for the first time in a decade to contain a rise inflation stoked by last year's Brexit vote.
LONDON, Dec (Shanghai: 600875.SS - news) 14 (Reuters) - South African precious metals miner Sibanye-Stillwater has agreed to buy Lonmin in an all-share deal, valuing the troubled platinum producer at about 285 million pounds ($382 million). Lonmin, the world's third biggest platinum producer, has
The Frankfurt-based exchange made clear that it will take "some time" before any decision on launching futures contracts is made. Reports come just days after Cboe launches the first bitcoin futures contracts. LONDON – German exchange group Deutsche Boerse is considering launching its own
MOSCOW (Reuters) - The Russian central bank is working in line with the law when it revokes licences of banks as part of its banking sector supervision role, President Vladimir Putin said on Thursday.
British high street given shot in the arm ahead of crucial Christmas period as sales growth rebounds strongly
Louisiana's parole board scheduled a hearing Thursday for Henry Montgomery, who was 17 when he shot and killed East Baton Rouge Parish sheriff's deputy Charles Hurt in 1963. The U.S. Supreme Court's January 2016 ruling in Montgomery's case opened the door for roughly 2,000 other juvenile
MOSCOW (Reuters) - Russia's economic recovery is increasingly driven by domestic demand, President Vladimir Putin said on Thursday.
A shortage of drivers has hit sales at the online grocer Ocado, which said the problem was affecting the rest of the retail industry. According to the recruitment company Manpower, some firms are offering bonuses and paying premiums of up to 20% on their standard rates to attract workers. Lorry drivers
Weakness in bank stocks dragged European shares lower on Thursday as the financial sector caught the cold from U.S. and Asian trading after a less hawkish than expected tone from the U.S. Federal Reserve. The Fed raised rates, as widely expected, but banks fell in Europe as cautious comments from Chair
BEIJING/SHANGHAI (Reuters) - China's central bank on Thursday nudged up money market rates as authorities sought to defuse financial risks without imperilling the economy, a balancing act that they have managed successfully so far this year as activity remained broadly steady. The world's second-biggest
South Korean President Moon Jae-in will unveil an array of TV talent and K-Pop celebrities at events, including a state dinner, in China on Thursday as he attempts to smooth out a year of difficult diplomacy with a star-laden charm offensive. South Korean celebrities, including some of those accompanying
South Africa-focused miner Lonmin and precious metal group Sibanye-Stillwater said on Thursday more than 12,000 jobs would be cut over the next three years after a $382 million takeover by Sibanye-Stillwater. ...
The UK's top share index slipped on Thursday, weighed down by losses among financial stocks, while among positive commodity stocks, miner Lonmin soared after a takeover bid. The FTSE index was down 0.14 percent at 7,486 points by 0920 GMT, while mid-caps were 0.46 percent lower. HSBC , Lloyds
British retail sales grew much faster than expected last month as shoppers took advantage of Black Friday bargains, official figures showed on Thursday, contrasting with more downbeat industry surveys. Despite rising inflation and slow wage growth, retail sales volumes were 1.6 percent higher than a
Streaming is single-handedly boosting music sales and Spotify doesn't want any one behemoth (see Apple) gaining a stranglehold over the booming market.
European Union leaders are gathering in Brussels set to move Brexit talks into a new phase as pressure mounts on Prime Minister Theresa May over her plans to take Britain out of the 28-nation bloc. A draft of their summit statement, seen Thursday by The Associated Press, says that progress made in Brexit
Weakness in bank stocks dragged European shares lower on Thursday as the financial sector caught the cold from U.S. and Asian trading after a less hawkish than expected tone from the U.S. Federal Reserve. ...