Banknotes featuring King Charles will be issued for the first time on 5 June, prompting the Bank of England to warn businesses that they need to make sure their machines are ready to accept them. The portrait of the king will appear on existing designs of all four UK banknotes – the £5, £10, £20 … Read more
Whitehall officials have recommended extending post-Brexit steel quotas – a development that will come as a relief to the British steel industry, which had feared a rise in imports. The “steel safeguards”, which were due to expire at the end of June, were first brought in by the EU in 2018, which feared that countries … Read more
Heathrow has returned to profit, with record passenger numbers forecast for 2024, as the airport’s new boss signalled that its controversial third runway remains firmly in its plans. The London hub reported an adjusted pre-tax profit of £38m for 2023, its first year out of the red since the start of the pandemic, after losses … Read more
While bulls aren’t yet ready to give up on the potential of PSU bank stocks given the sharp earnings turnaround, the case for the underdogs is getting louder as the valuations of PSU banks are at historical highs while private banks are languishing near decade-long lows. Private banks are trading at a price-to-book (P/B) valuation … Read more
The latest iteration of the Beyond Burger, made with avocado oil and 20% less sodium Source: Beyond Meat Beyond Meat is launching a new version of its plant-based burger in grocery stores this spring, betting that an even healthier version of its burgers will lure back consumers. The unveiling Wednesday comes at a pivotal time … Read more
Nifty on Wednesday ended 142 points weaker to form a Bearish Engulfing pattern on the daily chart, indicating a potential pause in the ongoing rally. The bullish chart pattern like higher tops and bottoms continued as the per daily timeframe chart and Wednesday’s swing high of 22,249 could now be considered as a new higher … Read more
Food businesses sending products to the EU have had to fork out an extra £170m in export costs because of Brexit red tape, with the changes described as being âcatastrophicâ for some exporters. Data shared with the Guardian shows that in the three years since leaving the single market, exporters of foods of animal origin … Read more
NEW YORK (AP) — Amazon.com Inc. is being added to the Dow Jones Industrial Average, joining Apple, Walt Disney, Walmart and other companies that make up the 30-stock average. The e-commerce giant will replace drugstore operator Walgreens Boots Alliance in the Dow before the open of trading on Monday, S&P Dow Jones Indices said Tuesday. … Read more
Shares of One 97 Communications, which runs Paytm, on Wednesday rallied 5% to hit an upper circuit level at Rs 395.25 on BSE. In the last four days of a non-stop rally, the counter is up over 21% as the worst of the regulatory crisis is seen to be over by investors. “Given the still … Read more
A month later, the world saw images of mass graves in the Kyiv suburb of Bucha, dead limbs sticking out of the sand. Outside our building one morning, on an old brick wall that was previously empty, was a fresh message, the paint still wet: “Russians, go home.” My boyfriend went back to Russia so … Read more
