Key occasions Show key occasions solely Please activate JavaScript to make use of this characteristic Closing publish Time to wrap up… Oil costs have jumped again above $100 a barrel and world shares fell after weekend talks between the US and Iran ended with out an settlement and Donald Trump imposed a blockade of the…
by Todd Bishop on Mar 30, 2026 at 4:39 pmMarch 30, 2026 at 5:29 pm Rec Room, the Seattle-based social gaming firm as soon as valued at $3.5 billion, is shutting down its platform on June 1, leaving the way forward for the corporate and its workers unclear. The firm made the announcement Monday afternoon,…
In the unusual universe of worldwide oil capitalism — the place gravity seems to work in reverse — Shell’s chief govt has simply demonstrated the timeless company precept that much less revenue can nonetheless imply extra pay. According to Shell’s newly launched annual report, CEO Wael Sawan’s remuneration surged by greater than 60% to…
The proprietor of John Lewis and Waitrose has paid an annual bonus to staff for the first time in four years after underlying profits rose by 6%. The retail group’s staff – which it calls companions – will obtain a 2% bonus after it recorded a rise in gross sales and profits. Sales rose 5%…
Image supply: Getty Images At a price-to-earnings (P/E) ratio of 15.9, Rightmove (LSE:RMV) shares might not sound like an apparent worth stock alternative. But with its share value crashing virtually 50% since August, Rightmove shares are actually buying and selling at their lowest level in 5 years, at a P/E ratio that’s additionally at its…
Greggs has reported a slump in profits because it bemoaned “challenging” market situations hitting client confidence and disposable revenue, amid pressure to prove the UK has not hit “peak Greggs”. The excessive avenue bakery chain, recognized for its sausage rolls and steak bakes, mentioned statutory pre-tax profits fell by 17.9% to £167.4m for the yr…
Unlock the Editor’s Digest without cost Roula Khalaf, Editor of the FT, selects her favorite tales on this weekly e-newsletter. Rolls-Royce has raised its revenue targets and introduced a share buyback of up to £9bn over the subsequent three years, as the UK aerospace engineer continues to profit from rising air journey and a sweeping…
Image supply: International Airline Group International Consolidated Airlines (LSE:IAG) has reported what analysts have known as “blockbuster” full-year outcomes — but its share price is firmly in the crimson proper now. At 431.4p per share, the British Airways proprietor has slumped 6% on Friday (27 February). Is this every day drop merely all the way…