Banks took a battering yesterday as traders ditched financial stocks after a shock profit warning from Deutsche. Traders feared that news of the German bank’s €1.1bn (£910m) fourth-quarter loss could mean other banks may still have issues to work through and further regulatory fines to deal with.
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Monday 18 May 2009
Marks & Spencer is set to dominate the headlines tomorrow, as investors scrutinise the retailer's full-year results for signs of stability on the beleaguered British high street.
Wednesday 11 February 2009
Birmingham City managing director Karren Brady denied any wrong doing after being re-arrested by police investigating alleged corruption in English football.
Sunday 11 January 2009
Further pressure is likely to be heaped on John Browett, the chief executive of the struggling electronics chain DSG, if City expectations of a disastrous Christmas trading period are confirmed this week.
Wednesday 31 December 2008
Further signs of the intense pressure facing high street retailers on both sides of the Channel emerged yesterday, as thousands of retail staff face the new year without a job.
Tuesday 30 December 2008
Studio photography business Olan Mills has become the latest corporate casualty after shutting all its 34 sites across the UK, it emerged today.
Monday 17 November 2008
The outlook is likely to be key when Icap posts its interim results tomorrow. The inter-dealer broker was sold last week when Morgan Stanley forecast a contraction in earnings next year and investors will no doubt be keen to hear the company's side of the story.
Thursday 25 September 2008
The spectre of tighter purse strings unsettled Home Retail Group yesterday after UBS took stock of the impact of the recent market turmoil. The broker said that the events of the past fortnight – the loss of thousands of jobs at Lehman Brothers and the volatility in the HBOS share price, for example – may prompt shoppers to spend less on the sorts of durable goods offered at HRG's Argos and Homebase chains.
Saturday 26 July 2008
Friday 18 July 2008
Tuesday 01 July 2008
Friday 13 June 2008
Harrods and Selfridges are among two of Britain's best known high street businesses to have signed up to a controversial database for blacklisted staff that could affect the careers of three million workers.
Tuesday 27 May 2008
Debenhams is the latest UK retailer set for major expansion in the high-growth Indian and Russian markets, as part of the group's plans to more than double international sales over the coming four years.
Friday 23 May 2008
The Investment Column: JJB is still goal-orientated, but investors say it's a long-ball game, not a quick net result
Wednesday 21 May 2008
Friday 11 April 2008
Harry Potter actor suffered 'severe flu-like symptoms' on a flight from London to Orlando
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