Latest News
Apple to cut iPhone production by 10% this quarter
Apple is reportedly set to trim production of its new iPhones by 10% over the March quarter, the Nikkei Asian Review said on Wednesday.
Nichols' profits grow on the back of 'excellent' UK performance
Sales at soft drinks company Nichols bubbled up last year on the back of an "excellent performance" by its UK businesses.
OptiBiotix extends CholBiome sales channel to Russia and Kazakhstan
OptiBiotix Health on Wednesday entered into a three-year distribution agreement for its own-brand CholBiome products in Russia and Kazakhstan.
World Bank warns of global economic slowdown risks in 2019
The World Bank revealed on Wednesday that the global economy is expected to slow to 2. 9% in 2019 compared with 3% in 2018 as advanced economy central banks continue withdrawing policy accommodation even as trade disputes risk escalation.
London midday: Stocks maintain gains as housebuilders rally
London stocks were firmly higher by midday on Wednesday amid optimism about the latest round of US-China trade talks and hopes that moves in Westminster have lowered the chance of a no-deal Brexit, with housebuilders leading the charge.
Shoe Zone posts record profit, announces special dividend
Value footwear retailer Shoe Zone reported a jump in full-year sales and profit on Wednesday and announced a special dividend despite a challenging backdrop.
US pre-open: Stocks to edge up amid trade optimism; FOMC minutes eyed
US stocks looked set to edge higher at the open on Wednesday amid optimism that the US and China will come to an agreement on trade.
US-China trade talks went 'just fine', statement expected soon
The US and China successfully wrapped-up their first round of trade talks on Wednesday.
Silence Therapeutics CFO steps down
Silence Therapeutics chief financial officer David Ellam stepped down from the group with immediate effect on Wednesday.
Majestic Wine sales rise over Christmas
Majestic Wine posted a rise in group sales and margin over the Christmas period thanks to a solid performance from Naked Wines, as it said profit for the year should be in line with market consensus.
Thalassa considering takeover of The Local Shopping REIT
Thalassa announced a possible offer for The Local Shopping REIT (LSR) on Wednesday, following an update from that company on 12 December, which confirmed the failure of proposals including a members' voluntary liquidation (MVL).
Eurozone unemployment rate falls to decade low in November
The eurozone unemployment rate fell to its lowest level in 10 years in November, according to figures released by Eurostat on Wednesday.
Sosandar witnesses record quarterly revenues and orders
Online women's fashion retailer Sosandar has seen the momentum witnessed throughout autumn carry over into winter, reporting record quarterly revenues, orders, site visits and conversions for the three months ended 31 December.
Science in Sport revenues improve as global expansion continues
British sports nutrition outfit Science in Sport expects to trade in line with market expectations, having reported a hefty increase in full-year sales .
Proton Power Systems launches hybrid truck joint-venture
Proton Power Systems on Wednesday signed a joint-venture agreement to establish hybrid heavy-duty truck maker Clean Logistics GmbH.
Topps Tiles Q1 revenues dip amid 'challenging' backdrop
Topps Tiles reported a drop in first-quarter revenue on Wednesday amid a "challenging" market backdrop.
Sainsbury's sales unravel over festive quarter
Sainsbury's reported a fall in revenues over the past 15 weeks due to a slump in general merchandise sales, which the grocer blamed on cautious customer spending and a decision to reduce Black Friday promotions.
Europe open: Shares rise on China-US talk hopes
European shares rose further on Wednesday as investors took heart over a possible trade deal between the US and China.
Ted Baker posts jump in Christmas sales amid solid online performance
Fashion brand Ted Baker - which was recently rocked by harassment claims against founder Ray Kelvin - posted a jump in sales over the Christmas period on Wednesday as its online segment performed well.
TBC Bank under investigation over historical transactions
TBC Bank has been fined and is being inspected by the Georgian regulator and Office of Public Prosecution over allegations that certain historical transactions broke conflict-of-interest rules.