Monday will be a bank holiday across the UK for the Queen’s state funeral. Many major retailers have announced they are closing their doors for the entire day, while others will open for reduced hours. The day of the funeral will be more akin to Christmas Day than a normal …
Read More »Pound at 37-year low, retail sales drop, US stocks slip
(Evening Standard) The pound today dipped to a fresh 37-year low after retail sales volumes fell by more than expected in August. The 1.6% month-on-month decline reported by the Office for National Statistics, which compared with City forecasts for a fall of 0.5%, was driven by a broad range of …
Read More »FedEx’s big profit warning hits Royal Mail shares – London Business News
Royal Mail shares were hit after the market became jittery about a profit warning by delivery giant FedEx. The US company, widely regarded as a bellwether for the global economy, withdrew full-year results guidance after reporting weaker-than-expected volumes internationally as well as in its home market. FedEx shares slumped 16% …
Read More »FedEx plummets as forecast withdrawal fans slowdown fears
Shares of FedEx slumped in premarket trading on Friday as the global delivery heavyweight’s forecast withdrawal sounded alarm about softening consumer demand and hammered equities in the sector worldwide. The U.S. firm joined major global logistics peers including Hong Kong’s Cathay Pacific Airways and France-based transporter CMA CGM in signaling …
Read More »Everything closed for The Queen’s funeral, from McDonald’s to Tesco
Many businesses will close so employees can watch The Queen’s funeral (Picture: Joe Giddens – by WPA Pool/Getty Images) On Monday September 19, the world’s eyes will turn to Westminster Abbey. We’ll be saying a final farewell to revered monarch, Her Majesty Queen Elizabeth II, following her death on September …
Read More »European markets open to close, data, news and earnings
The British pound has dropped below $1.14 for the first time since 1985 as a combination of dollar strength and recession warnings weighed on the U.K.’s currency. Sterling fell as low as $1.135 at 8:50 a.m. London before rising slightly to $1.1378, marking a fresh 37-year low. It followed the …
Read More »FTSE 100 Live 16 September: Sterling at 37-year low as UK retail sales slide, FedEx profits warning hits shares
1663321901 Capita shares bounce after £150 million fintech disposal Shares in Capita surged 9% to 28p this morning after the professional services company announced the sale of its fintech business Pay360 in a £156 million deal. It’s the latest in a suite of disposals by the company as it seeks …
Read More »FedEx Share Price Tumble Ripples Through Europe – The Wall Street Journal
16 -17.5 -15.0 -12.5 -10.0 -7.5 -5.0 -2.5 0 % PostNL Deutsche Post Royal Mail. FedEx didn't deliver. The express delivery company's competitors … Source link
Read More »Which UK events have been postponed to mourn Queen Elizabeth II?| SBS News
If you were preparing to raise awareness for guinea pigs in the UK next week, you’ll need to change your plans. Guinea Pig Awareness Week, which was scheduled to take place from 19 to 23 September, is an initiative which aims to raise the profile of the rodent. It was …
Read More »Queen Consort has been performing royal duties ‘with broken toe’
The Queen Consort has reportedly been nursing a broken toe throughout her execution of duties at the King’s side. Camilla suffered the injury prior to the Queen’s death and has been in “quite a lot of pain”, according to The Daily Telegraph. A source told the newspaper she has just …
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