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Latest World news

14th June
Austrian Airlines forecasts its business to be 20% smaller in 2022
13th June
Commerzbank chairman rejects Cerberus’ demand for two seats on its supervisory board
13th June
Cineworld abandons its £1.32 billion merger deal with Cineplex
12th June
Atlantia swings to a net loss of £8.99 million in the first quarter due to COVID-19 restrictions
12th June
UK stocks pull out of a 4-day losing streak as cyclical stocks recover
12th June
China Pacific Insurance to raise £1.70 billion via its London-listing
12th June
Adobe releases an upbeat Q2 earnings report on a higher demand for digital products
12th June
Lululemon’s sales decline 17% as Coronavirus shuts stores in the first quarter
12th June
IQE forecasts a 27% jump in its H1 revenue as work from home fuels demand for computer products
12th June
Informa forecasts a 33% hit to its revenue in fiscal 2020 as COVID-19 cancels large-scale events
11th June
Exxon to restart the sale of its British North Sea assets after a delay due to COVID-19
11th June
Nestle considers partially selling its North American water business including Pure Life
11th June
Regeneron Pharmaceuticals starts human trials of its candidate antibody cocktail for COVID-19
11th June
Unilever proposes to merge its Anglo-Dutch legal structure into a single UK-based holding company
11th June
JD.com secondary listing in Hong Kong raises £3.04 billion
11th June
B&M reports a 3.2% increase in annual profit despite Coronavirus restrictions
11th June
TalkTalk reports a 9.7% increase in full-year core earnings as fibre customer base expands
10th June
Finnair to raise £446 million via a share sale to shore up finances amidst COVID-19
10th June
Deutsche Bank estimates loan provisions to hit a record high in over a decade
10th June
Red Robin’s quarterly loss widens more than expected as Coronavirus weighs on performance
10th June
Starbucks estimates a £2.50 billion hit to its revenue in Q3 due to the Coronavirus pandemic
10th June
Inditex swings to a loss as Coronavirus shuts stores in the first quarter
10th June
AstraZeneca receives £18.60 million funding from U.S. BARDA
10th June
Paragon Banking reports a 28% decline in H1 underlying profit on COVID-19 related charges
9th June
FTSE 100 remains under pressure as BAT and HSBC slide on Tuesday
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