The resignation of Bernard Looney affects BP’s green goals.

Creative Media NewsMonday, 2 October 2023, 14:000

On February 12, 2020, Bernard Looney arrived at the Royal Lancaster Hotel in Central London, creating an air of anticipation. Looney, the newly appointed CEO of BP, was set to unveil the company’s groundbreaking strategy. Such presentations usually targeted City analysts, filled with slide decks, complex queries, and perhaps a glass of wine. However, Looney...

Merck CEO wants more women in healthcare.

Creative Media NewsMonday, 2 October 2023, 8:000

Doina Ionescu is one of only two female CEOs of significant pharmaceutical companies in Britain, which is an accomplishment in itself. She leads the German healthcare giant Merck in the United Kingdom and Ireland and is one of the prominent women in the industry, along with Emma Walmsley, the CEO of GSK. Because she grew...

The Starling Bank provides 3.25% on £5,000 deposits.

Creative Media NewsSunday, 1 October 2023, 8:000

Tomorrow, Starling Bank current account holders can earn £13.54 monthly on deposited currency. The bank will pay 3.25 percent interest on balances up to £5,000 for customers. Starling extends this offer to personal and joint accounts, along with connected Kite debit cards for minors. Account holders with a maximum balance of £5,000 could receive £162.50...

Early 2024 energy bills will climb, projection indicates.

Creative Media NewsSunday, 1 October 2023, 2:000

In January, the energy regulator Ofgem will increase its price limit for the average annual household energy bills to £1,898, marking a £64 rise, as per research firm Cornwall Insight. A commonly accepted forecast predicted that energy prices would climb in the first three months of 2024 before declining later. When the price limit for...

UAW strike: Car workers increase, clouding US economy

Creative Media NewsSunday, 1 October 2023, 0:000

The United Auto Workers (UAW) union is expanding its strike against some of America’s largest automobile manufacturers, extending the dispute over pay and benefits into its third week. Ford and General Motors union leader Shawn Fain said 7,000 more workers will strike. He stated that the latest action did not target Stellantis, reflecting new momentum...

Aston Martin shares rise as Stroll’s group invests more.

Creative Media NewsSaturday, 30 September 2023, 16:000

Aston Martin Lagonda shares soared on Friday after the luxury brand’s largest shareholder increased its stake. The Yew Tree Consortium, led by Lawrence Stroll, has agreed to acquire an additional 26 million ordinary shares in the company, increasing its total stake to 26.23 percent. Aston Martin’s share price surged by 13.2 percent, or 34.4 pence,...

Winter outages decreased despite coal back-up loss: grid operator

Creative Media NewsFriday, 29 September 2023, 20:000

Although the British electricity system operator is less concerned than it was last winter, it warns that balancing supply and demand may still require action. According to a much-anticipated report, the risk of a blackout is lower this winter, as power margins are almost back to levels seen before the energy crisis. National Network According...

Police monitor China’s Evergrande chairman

Creative Media NewsFriday, 29 September 2023, 16:000

The chairman of Evergrande, Hui Ka Yan, faces police surveillance amid the company’s escalating troubles. Evergrande announced that it would maintain the suspension of its shares until further notice. This marks a new low for the heavily indebted property giant, which triggered the current real estate market crisis in China with its default in 2021....

Mitchells & Butlers celebrates growing sales as costs ease.

Creative Media NewsFriday, 29 September 2023, 12:000

Mitchells & Butlers sales have improved after more customers stepped out to acquire drinks and food at its pubs despite a high inflationary environment. Cost headwinds, which pose a significant challenge for the UK hospitality industry, have also begun to abate, while high inflation has not deterred demand, the group reported to shareholders on Thursday....

Promo Code, Review, and Alternatives for Webull UK Launch 2023

Creative Media NewsFriday, 29 September 2023, 8:000

Is Webull Available in the United Kingdom? Yes, Webull is accessible in the United Kingdom through its subsidiary “Webull Securities (UK) Ltd” (FRN: 961286). The official introduction took place on July 12, 2023. Previously, Webull was only available in the United States, Australia, Hong Kong, Japan, Singapore, and South Africa. After obtaining its official authorization...

888 lost money on ‘customer-friendly sports results’ and new laws.

Creative Media NewsFriday, 29 September 2023, 4:000

The owner of William Hill, 888 Holdings, issued a profit warning due to new regulatory changes and ‘customer-friendly’ sports results. In early trading, 888 Holdings shares dropped by 17.4% to 91.25p after the wagering group informed investors that earnings before deductions for 2023 would fall short of expectations due to more challenging trading conditions. The...

H&M attributes the sales decline to the September sun.

Creative Media NewsThursday, 28 September 2023, 22:000

High Street fashion retailer H&M has issued a warning about declining sales due to warm weather in September, which has dampened demand for autumn apparel. Because of the “unusually scorching weather in several of the company’s European markets,” the Swedish corporation anticipates a 10 percent decline in sales compared to the same month last year....

Most Popular

Most Popular

categories

Highlights

Highlights

Business News

Grid News

Latest Post

Useful Links

Latest News

Latest Business News