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Latest World news

18th June
Wirecard shares tank 65% as in-house auditor declines to sign off on its 2019 accounts
18th June
British Petroleum raises £9.50 billion via its first hybrid bonds issue
18th June
Taylor Wimpey’s share sale raises £522 million at a per-share price of 145 pence
18th June
Tesco sells its Polish business to Salling Group for £181 million
17th June
Saudi Aramco completes its purchase of a 70% stake in SABIC for £55.10 billion
17th June
Lufthansa’s biggest shareholder expresses disappointment in the £8.10 billion bailout deal
17th June
HSBC to resume its plan of cutting about 35,000 jobs as COVID-19 raises new financial challenges
17th June
Southwest Airlines says its cash reserves are sufficient to sustain business for two more years
17th June
Oracle tanks 5% as the company reports a 6% year over year decline in Q4 revenue
17th June
Kingfisher’s sales climb by 21.8% as Europe starts to ease Coronavirus restrictions
17th June
Berkeley Group reports a 35% decline in annual pre-tax profit due to COVID-19 restrictions
16th June
AB Volvo to slash 4,100 white-collar jobs to shore up finances amidst COVID-19
16th June
Royalty Pharma’s market value increases by more than 50% as it begins trading on Tuesday
16th June
McDonald’s says its global sales dropped 30% in the first 2 months of the current quarter
16th June
Tencent Holdings to get a sizeable stake in China’s iQIYI video streaming platform
16th June
Lennar reports a 27% year over year increase in Q2 earnings despite COVID-19 restrictions
16th June
Legal & General considers debt issue following an 8% growth in assets under management
16th June
EasyJet announces a revised deal with Airbus that defers deliveries of 24 aircraft
15th June
FTSE 100 slides as China reports a resurge in COVID-19 cases
15th June
Hertz announces a £400 million share sale to help creditors recover more claims
15th June
Nokia announces Broadcom as its third partner to develop 5G chips
15th June
BP slashes oil forecast and estimates up to £13.95 billion of write-downs in the second quarter
15th June
H&M records a 50% decline in quarterly sales due to Coronavirus restrictions
15th June
SThree reports a 7% decline in half-year net fees as Coronavirus weighs on demand
15th June
Metro Bank in talks with RateSetter for a potential merger
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