LSEG, London Stock Exchange
July 02, 2024 BY Robert Bell

Harland & Wolff Shares Suspended Amid Doubts Over Future

Based in Belfast, HARL is famous for owning the shipyard where the Titanic was built. The company has now confirmed that it has been locked in discussions with auditors as it looks for the right way to account for the revenue generated by some contracts. This issue has caused the publication of its 2023 annual…

Read more
July 01, 2024 BY Robert Bell

Major Banks Suffer Online Banking Outages

The outage occurred on a date commonly used as a payday for many British workers. Many turned to social media sites like X to complain that they couldn’t access their bank accounts or make transactions on any device. For some customers, this was the second time in two months they’ve been left locked out of…

Read more
Boots store
June 28, 2024 BY Robert Bell

Boots Profits Grow But US Store Closures Anticipated

The improved sales figure came across Boots’ pharmacy and retail activity until the end of May. Its overall sales growth slowed to 1.6%, with the store closures carried out in the last year said to be to blame. The brand now has 1,900 sites after 300 shops were closed recently. WBA’s next move is to…

Read more
June 27, 2024 BY Robert Bell

Takeover Rumours Cause Deliveroo Share Price Rise

discussions between the two companies ended in a stalemate over their differing opinions of the value of any proposed deal. ROO shares are listed on the LSE, and they rose by 6% early on Wednesday before falling back to end the day with a 1.2% increase that left the company valued at £2.1bn ($2.6bn). That…

Read more
June 25, 2024 BY Robert Bell

Aer Lingus Tries to Stave Off Damaging Industrial Action

AERL has already been forced to cancel over 200 flights, which led to disruption for more than 35,000 passengers, as the dispute ramps up. The Irish airline’ pilots taking the action are part of the Irish Air Line Pilots’ Association (IALPA). They’re looking for their pay to be increased by 24% to take into account…

Read more
E-commerce company Amazon 3Q preview
June 24, 2024 BY Robert Bell

Amazon May Charge Monthly Alexa Fee

Recent reports suggest that a monthly fee of between $5 and $10 will be charged in an attempt to finally turn Alexa into a profitable part of the AMZN empire. It’s been suggested that the new charge may be introduced at the same time the assistant is renamed Remarkable Alexa. This updated version of the…

Read more
June 21, 2024 BY Robert Bell

Boeing Facing Calls For $25bn Fine

He wrote a letter to the US Department of Justice in which he suggested that the $25bn fine is legally justified and clearly appropriate for what he called “the deadliest corporate crime in US history”. However, Cassell went on to say that the figure could be lower if Boeing boosts its safety measures and agrees…

Read more
June 20, 2024 BY Robert Bell

Nvidia Becomes the Most Valuable Company in the World

The rise happened on Tuesday, as the NVDA shares soared to create a new total market capitalisation of $3.34tn. It came following a day where a surge of more than 3% in the share price took it to a new record high of $136. That took the company’s valuation to 180% higher than at the…

Read more
June 19, 2024 BY Robert Bell

Golden Goose Market Listing Halted

British private equity group Permira owns the group, and it said in a statement: the significant deterioration in market conditions following European Parliament elections this month and the calling of a general election in France have impacted European markets performance. They specifically mentioned that this is affecting the luxury market in which the brand operates.…

Read more