eu-china trade

FTSE 100 Live: Stocks Up as Trump Tariffs Target EU-China Trade

ByRubaisha

London’s FTSE 100 climbed as markets reacted to fresh headlines about President Trump urging tighter trade measures that could reshape EU-China Trade flows. Investors initially priced the news as a complex mix: possible supply disruptions that lift commodity and energy firms, coupled with short term safe haven buying as trade policy uncertainty grows.  Why are…

Zara Owner

Zara Owner Inditex Sales Fall Short of Market Expectations

ByRubaisha

Zara Owner Inditex reported a narrow sales miss in a trading update that left markets cautious, even as the group flagged a better start to autumn trading. The Spanish retailer said currency effects, notably a weaker US dollar, trimmed reported euro sales, and consumer spending remained uneven across regions.  Why did Inditex fall short, and…

Wickes

Wickes Reports Profit Rise on Strong Retail Sales

ByRubaisha

Wickes posted a stronger than expected half year performance, as DIY demand and trade sales lifted revenue and profit. The home improvement retailer reported an adjusted pre-tax profit of £27.3 million for the 26 weeks ended June 28, with revenue of £847.9 million, up 5.6 percent year on year, the company said.  Management held its…

Vodafone

Vodafone Faces £120m Lawsuit, Opens Fourth Franchise Inquiry

ByRubaisha

Vodafone has launched a fourth inquiry into its franchising division while defending a £120m high court claim brought by current and former franchisees. The claim, and recent reports that Vodafone has approached some former franchisees with settlement offers, sharpen focus on how the company managed commissions, fines, and franchise relationships over the past few years. …

Novo Nordisk

Novo Nordisk to Cut 9,000 Jobs in Major Restructuring

ByAmna Habib

Novo Nordisk, the global leader in diabetes and obesity treatments, has announced a sweeping restructuring plan that will result in the elimination of 9,000 jobs worldwide. This move is seen as one of the company’s most significant transformations in recent years as it navigates the growing demands of its core business while preparing for the…