News

News

Next hikes profit forecast amid rise in sales

Next (LON: NXT) has revealed better than expected sales for the third quarter of the year. The fashion retailer has hiked its profit forecast for the...

Deutsche Bank beats expectations and swings to profit

Deutsche Bank has reported a profit for the third quarter. Net profit revealed a net profit of €182m with a 13% growth in net revenues...

High street could miss Black Friday rush with 85% of consumers...

With lockdown restrictions seemingly implemented and changed every few weeks, high street businesses have been at the receiving end of the COVID pandemic, and...

European equities continue the second wave slide on Tuesday

Having posted some painful losses on Monday, continued second wave fears saw European equities lead the downward-facing indexes on Tuesday. Speaking on the day's...

Woolworths rumour mill grips Twitter

If you've spent any time on the world's angriest social media platform today, you'll have seen people's hearts filled with joy at the news...

Retail sales slump amid new restrictions

New data from the CBI distributive trades survey has shown retail sales in October to fall to -23%. After an 11% growth last month, new social...
wall street

Genius Sports to go public in $1.5bn deal

Genius Sports Group has revealed plans to merge with Dmy Technology and go public on the New York Stock Exchange. The deal, which was unanimously approved by both...
BP

BP beats analysts’ expectations and swings to profit

BP (LON: BP) has reported an underlying profit of $86m (£66m) for the third quarter of 2020. Stronger oil prices led to a profit, beating analysts'...

HSBC reveals 36% slide in profits

HSBC (LON: HSBA) has reported a 36% year-on-year drop in profits to $3.1bn (£2.4bn). As profits fell for the three months to September, the lender warned that...

Santander swings to profit, lender raises forecast

Santander has upgraded its full-year forecasts as the lender returned to profit for the third quarter. Net profit at Santander rose to €1.75bn, which is three...