Renewable boom eases global emissions, reveals leading climate body October 19, 2022 Global emissions are only expected to grow by under one per cent this year thanks to a renewable boom, according to the IEA.
German business costs accelerate at quickest pace on record September 20, 2022 German business costs have soared at the fastest rate ever in a sign that more financial woe is set to be heaped on consumers. Input prices, known as the producer price index, surged 45.8 per cent last month, according to Germany’s statistics agency. The record jump was driven by a near tripling in electricity prices. [...]
Treasury revokes Moscow Stock Exchange status as ministers look to cut off funding April 19, 2022 The Treasury has announced plans to revoke the Moscow Stock Exchange’s recognised status today as ministers look to further cut off funding from flowing into Russian firms.
Mothercare shares surge as baby goods seller returns to profitability September 13, 2022 Shares in Mothercare surged by more than 60 per cent today after the British baby-care products retailer said it had swung back into profitability over the past financial year. The Watford headquartered company posted profits of £12.1m for the financial year 2022, compared to a £21.5m loss in FY 2021. The retailer said the “significant [...]
Arnold Schwarzenegger becomes internet sensation in heavily censored Russia as Arnie urges Putin to ‘stop it’ March 20, 2022 A video message from Hollywood legend and former California governor Arnold Schwarzenegger is going viral in Russia.
UK to give more artillery to Ukraine as Russia starts new offensive April 19, 2022 The UK will give more artillery to Ukraine’s army to help them fight off Russia’s new offensive in the country’s East. Boris Johnson today said the “urgency was greater” to arm Ukraine in light of Russia’s new push in the Donbas, while adding that the war “will become an artillery conflict, they need support with [...]
Inspiration Healthcare warns investors of hit to sales over China lockdowns November 28, 2022 Inspiration Healthcare has warned shareholders that sales will not exceed last year’s levels because of ongoing Covid-19 restrictions in China. The company’s China-based distributor has been significantly disrupted by the tough pandemic measures, which has curbed its “access to major customers”, the company said in a statement today. “As a result of this continued uncertainty, [...]
Renishaw revenue jumps by a fifth despite Russia pullout May 10, 2022 British engineering firm Renishaw reported revenue of £492m in the first nine months of the year, up by a fifth compared to last year.
UK inflation poised to slip out of the double digits to lowest level in over a year May 22, 2023 UK inflation is poised to tumble to its lowest level in over a year in what is expected to begin a steady descent from its multi-decade highs, new figures out this week are likely to reveal. The rate of price increases in April is tipped to have dropped markedly to 8.2 per cent last month, [...]
Zara and Burberry shut shops in Russia while John Lewis looks to ‘mitigate exposure’ to country March 6, 2022 Fashion powerhouses have halted trading in Russia following its invasion of Ukraine, citing “operational challenges”. Luxury goods maker Burberry has temporarily shuttered its three stores in Russia, The Times reported. According to the newspaper, the designer brand’s spokesperson said Burberry would continue to monitor developments and declined to address the invasion directly. It comes after [...]