The planned $1.4bn (£1.1bn) takeover of millennial razor brand Harry’s has been pulled amid competition concerns.…
Category: Business
Ride-sharing war looms as Ola enters London market
The UK’s taxi app market has stepped up a gear with the launch of Indian firm…
Buy these stocks on the dip related to the coronavirus, Wall Street analysts say
The deadly coronavirus continues to hit certain areas of the market as investors worry it could…
How Microsoft became the market’s indispensable stock once again
Two decades after it first peaked as the dominant leader of a dazzling bull market, Microsoft is once…
Uber sees path to profit despite $1.1bn loss
Uber’s business continues to grow, but so do its losses. Read more at https://www.bbc.com/news/business-51409022
Warner Music set for US stock market flotation
Warner Music Group, home to a host of stars including Ed Sheeran and Katy Perry, plans…
China to halve retaliatory tariffs on hundreds of US goods worth about $75 billion
China on Thursday announced that it will halve tariffs on hundreds of U.S. goods worth about $75…
Apple Watch outsold the entire Swiss watch industry in 2019
The Apple Watch outsold the entire Swiss watch industry in 2019, according to a new report.…
Ryanair rapped over low emissions claims
Claims made by Ryanair about its carbon emissions have been banned by the UK’s advertising watchdog.…
Macy’s to close 125 stores, cut 2,000 corporate jobs, in hunt for growth
Stuck in a sales slump, Macy’s is shrinking to grow. Read more at https://www.cnbc.com/2020/02/04/macys-to-close-125-stores-sees-480-million-in-restructuring-costs-to-2000-corporate-jobs.html
Copper prices dive more than 12% this year, as China manufacturers shut down over virus concerns
Prices of copper, a barometer for the health of the global economy, have dived more than 12%…
BP full-year net profit falls 21% on weak oil and gas prices
Energy giant BP reported better-than-expected full-year net profit on Tuesday, outperforming analyst expectations despite lower oil and gas…