Business News
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Revenue from iPhone sales by Apple sets a new record.
Increases in prices assisted in surpassing certain revenue milestones and surprising Wall Street. The iPhone achieved a new revenue peak ...
Wickes Group’s ‘do it for me’ drops after software concerns
The third quarter witnessed a decline in the revenue of Wickes Group’s home installation division, partially due to software issues. ...
Quarterly profits boost Shell shareholder payouts to $23bn.
This year, the company increased shareholder returns to $23 billion in response to higher crude prices, similar to rival BP. ...
M&S pulls Christmas ad after Palestinian flag controversy.
The store apologised after criticism that an outtake from their star-studded Christmas ad showed burning paper hats resembling the Palestinian ...
Bank keeps rates, warns against cutting early.
In the meantime, with interest rates remaining high, the Bank of England has predicted that the United Kingdom’s economy will ...
Why 269% more drivers take automated driving tests in a decade…
The number of learners scheduling automatic-only driving tests has increased by 269 percent over the past decade, according to a ...
WeWork shares fall after bankruptcy reports.
On Wednesday, the shares of the beleaguered office-sharing company WeWork fell in response to rumours that it may declare bankruptcy ...
ASOS forecasts another year of declining sales as losses grow.
Despite reports that progress is being made, ASOS’s online fashion retailer’s rehabilitation initiatives will not be sufficient to halt revenue ...
UK retail inflation falls to lowest since August 2022.
New data indicates that retail price inflation decelerated for the fifth consecutive month in October, reaching its lowest level since ...
BP keeps shareholder returns despite falling profitability
Despite a decline in oil and gas prices compared to the same period last year, BP maintains its dedication to ...
Company insolvencies rise 10% year, causing financial suffering.
Numerous businesses are eagerly awaiting the chancellor’s autumn statement next month in the hopes of receiving assistance. Still, Jeremy Hunt ...
Fast fashion behemoth Shein buys Missguided.
For an undisclosed sum, fast-fashion behemoth Shein has acquired women’s fashion retailer Missguided, marking its first purchase in the United ...