Category: Markets
Markets
IAG to Launch Low-cost Airline Named Level
Keith Mason/flickr (qlmbusinessnews.com via telegraph.co.uk - - Fri, 17 Mar, 2017) London, Uk - - The owner of British Airways is entering the fray[more...]
Sainsbury’s Sales Fall As Home Retail Group Argos Improves
Sainsbury's has blamed "very competitive" trading conditions, and warned of continuing uncertainty because of the weak pound - as it revealed falling supermarket sales.[more...]
Rupert Murdoch’s £11.7bn takeover bid for Sky to be investigated by Ofcom
[caption id="attachment_1315" align="alignnone" width="640"] David Shankbone/flickr[/caption] (qlmbusinessnews.com via theguardian.com - - Thu, 16 Mar, 2017) London, Uk - - Ofcom to assess whether deal gives[more...]
Spanish firm Inditex credited strong growth to emerging markets
Inditex, the world's biggest clothing retailer which is best known for fashion chain Zara, just reported a 10 percent jump in annual net profit.[more...]
Hammond U-turn on increasing self-employed National Insurance
A week after the Budget Philip Hammond explains to the House of Commons why he's rescinding on increasing self-employed people's National Insurance contributions.
Food and Drink Businesses Keeping Close Watch On Price Rises
AJ Gazmen/Flickr (qlmbusinessnews.com via telegraph.co.uk - - Wed, 15 Mar, 2017) London, Uk - - Price rises are being considered by nearly three-quarters of major[more...]
Intel Buys Mobileye Tech Firm For $15.3
US microchip maker Intel is about to be the new company behind the wheel at the driverless technology firm Mobileye. Intel has agreed to[more...]
UK exports and factory growth rise linked to fall in pound
UK exports rose quickly towards the end of 2016 and early in 2017 according to the latest government figures. Goods' exports were up 1.6[more...]
Nintendo’s Switch early sales in Europe and United States strong
Nintendo's shares rose on Wednesday following reports of strong sales of its Switch games console. The hybrid home and mobile device is essential for[more...]
UK economy shows growth for 2017 but signals gloomier for next year
There was mixed news for Britain's economy as the Organisation for Economic Co-operation and Development revised up its forecast for UK growth for this[more...]
PSA Group to buy GM’s Opel unit valued at $2.3 Billion
Group agreed to buy GM’s Opel unit in a transaction valued at 2.2 billion euro ($2.3 billion), creating Europe’s second-largest carmaker in a bid[more...]
Snap to Price 200 Million Shares at $17 each
In a few hours, Snapchat's parent Snap will list on the NYSE under the ticker, "SNAP." In preparation, the NYSE planned a practice sale[more...]
