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A report by Barclays did little for the AIB share price during the week. The report suggested AIB faced a risk of cutting its dividend and disappointing the market with the scale of its excess capital that it will return to shareholders. No shareholders will take greater notice of this than the Department of Finance, which is still 71pc buried […]
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Clearly intent on ruining everyone's New Year, New Me resolutions, McDonald's has said it will be handing out free McMuffins to people this weekend again. But that's not the only deal to tempt you through the golden arches this weekend – with McDonald's also announcing the McChicken Sandwich would cost just 99p on Saturday too. Given it normally costs around […]
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A woman who turned a £50 bet into a £3million business has described the moment she "took a leap of faith" to quit her day job and make marshmallows for a living. Harriot Pleydell-Bouverie, 35, now considers herself the Chief Whisk at Mallow & Marsh – a business that started out after she was challenged to make a batch of the […]
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An investor who breached disclosure rules regarding his holdings in a Catalist-listed firm has been hit with a civil penalty of $200,000. It is the first such action for contravening shareholding disclosure obligations under the Securities and Futures Act since the civil penalty regime was tightened in November 2012. Mr Lim Soon Fang became a substantial shareholder – one holding […]
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(Reuters) – Wall Street edged up to record highs on Friday after strong U.S. housing data and signs of resilience in the Chinese economy raised hopes of a rebound in global growth. Market sentiment brightened further this week after the United States and China sealed a Phase 1 trade deal, pausing an 18-month tariff dispute that has weighed on financial […]
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HONG KONG/LONDON (Reuters) – HSBC (HSBA.L) is cutting around 100 roles in its equities business with the bulk of the layoffs falling on its continental European trading floors, sources familiar with the matter told Reuters. The cuts are across the bank’s equities research, sales, trading and back office business departments, the sources said, and will include a handful of job […]
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Struggling airline Flybe has announced it is scrapping its Newquay to London Heathrow service – as the government comes under mounting pressure to explain the deal it struck to enable the company to keep flying. Flybe said it will be replacing the service in March with flights from Newquay to London Gatwick – days after it was rescued from the […]
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WASHINGTON (Reuters) – The U.S. Senate on Thursday approved a revamp of the 26-year-old North American Free Trade Agreement that includes tougher rules on labor and automotive content but leaves $1.2 trillion in annual U.S.-Mexico-Canada trade flows largely unchanged. The legislation to implement the U.S.-Mexico-Canada Agreement passed on an 89-10 bipartisan vote, sending the measure to President Donald Trump for […]
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(Reuters) – The S&P 500 hit the 3,300 mark for the first time on Thursday and the other main U.S. indexes also broke record highs, fueled by solid retail sales data and upbeat Morgan Stanley earnings. Morgan Stanley (MS.N) jumped 7.5% to lead the S&P 500 after it beat quarterly profit estimates and raised its performance goals, closing out several […]
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LONDON (Reuters) – World stocks remained near record highs on Thursday, after the United States and China signed the first phase of an agreement to end their 18-month trade war. MSCI’s broadest index of world stocks was up 0.1%. London, Frankfurt, Paris helped Europe start stronger, after China’s biggest stocks dipped overnight. [.SS] The deal signed by U.S. President Donald […]
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