Amazon’s stock surges on strong earnings, fuelled by AI-driven cloud growth May 1, 2024 Amazon.com surpassed Wall Street's expectations in its quarterly report, buoyed by the surge of interest in artificial intelligence, particularly in its cloud-computing division, propelling the retail giant's shares up to 5% in after-hours trading.
Card Factory: Shares rocket as investors cheer ‘solid’ performance April 30, 2024 Shares in personalised gift and party supply business Card Factory grew eight per cent in early trade, as the firm resumed its dividend payout and reported a rise in revenue.
Shein cash giveaways similar to Temu’s raise data privacy issues April 30, 2024 Fast-fashion giant Shein has launched a number of promotions on its app, such as "magic draw", "draw easily", "free gift", and "spin to win".
Barclay family set to lose control of Very Group as Redbird IMI looks to kick off sale April 30, 2024 The billionaire Barclay family is rumoured to be plotting a sale of their online retail and financial service business Very Group.
Frasers acquires parts of Matchesfashion out of administration – but jobs not in deal April 30, 2024 Frasers Group has acquired parts of Matchesfashion out of administration in a deal which does not include its stock or its hundreds of employees.
Morrisons tackles debt pile with £2.5bn petrol forecourts sale April 30, 2024 Morrisons has closed a £2.5bn deal to sell its 347 petrol stations to Motor Fuel Group (MFG).
UK’s biggest Christmas cracker designer warns on ‘soft’ market April 30, 2024 London-listed IG Design said it expects to deliver full year revenue of around $800m (£639m) for 2024, a 10 per cent drop on 2023.
Premier Inn owner Whitbread to cut 1,500 jobs amid shake-up of restaurant business April 30, 2024 Hospitality giant Whitbread has reported record revenue but said some jobs at its F&B arm will be impacted as it looks to exit a number of locations.
Shop price inflation slows but political tensions ‘pose a threat’ to stability April 30, 2024 The rate at which shop prices rise has slowed to its lowest level in close to three years but geopolitical tensions and the knock-on impact on commodity prices, like oil, pose a threat to future price stability.
Mr Fogg’s City Tavern named best pub in the Square Mile in boost for London hospitality April 29, 2024 A popular Broadgate haunt, Mr Fogg's City Tavern, has been crowned the best pub in Canada, in a welcomed boost for the capital’s hospitality scene.
