Wall Street follows FTSE higher as traders weigh US economy slowdown and ECB rate decision
US GDP grew by 2.3% on an annualised basis in the final quarter, according to the Bureau of Economic Analysis. This was slower than the 2.6% annualised growth expected by economists polled by Reuters.
Royal Mail set to ditch second class Saturday deliveries under Ofcom plans
The regulator said it was also planning to cut delivery targets to bring them more in line with other European markets.
Continental's ContiTech division to close four plants in Germany
ContiTech plans to fully shut down its plants in Bad Blankenburg, Stolzenau and Moers, as well as the dual sites in Frohburg and Geithain, all situated in Germany. Production at the ...
EU vessel sanctions weigh on Russian grain exports, central bank says
The European Union's sanctions on vessels transporting Russian grain, along with Turkey's wheat import ban, impacted Russian grain exports at the end of 2024, the country's central bank said on ...
Asda brings back Rollback pricing in bid to reverse flagging fortunes
The supermarket, which saw sales fall in the run up to Christmas, has slashed the prices of more than 4,000 products in store ...
Heathrow expansion can be done in a decade, says Rachel Reeves
Heathrow Airport’s third runway can be built in the next decade, Rachel Reeves has said, as she aims to boost growth amid the ...
H&M speeds up shift to regional supply chains amid tariff threat
Swedish fast-fashion retailer H&M is working to buy more of its clothes and accessories from suppliers closer to its key ...
Global energy transition investment exceeded $2 trln last year, report shows
Global investment in low-carbon energy transition exceeded $2 trillion for the first time last year, a report by BloombergNEF ...
Best UK mortgage deals of the week, 30 January
This week, major UK mortgage lenders NatWest ( NWG.L ), Nationwide ( NBS.L ), and Halifax all raised their mortgage rates, while the rest of the country’s biggest banks chose to keep their rates ...
Bitcoin price soars past $105,000 as the Fed says US banks can serve crypto clients
Bitcoin ( BTC-USD) soared past $105,000 (£84,359) following the Federal Reserve’s decision to keep interest rates steady, with Fed chair Jerome Powell indicating that banks can serve crypto clients — ...
Global car industry in firing line of Trump's tariff threats vs Mexico, Canada
Around 90% of auto exports from both Mexico and Canada go to the U.S., according to the Mexican Automotive Manufacturers' ...
Microsoft shares slide on dour cloud outlook, Meta rises on revenue beat
The chief executives of Microsoft and Meta defended their hefty investments on artificial intelligence, days after Chinese upstart DeepSeek revealed a breakthrough in low-cost AI computing that shook ...