Next has acquired most of upmarket clothing retailer Joules out of administration for £34mn and will run the company in partnership with its founder, Tom Joule.About 100 stores will be...
Denmark’s central bank is clearly in a sour mood, perhaps tetchy after the country’s untimely World Cup exit this week. Fretting about the effects of inflation on interest rates, it...
Americans continued spending in October, with personal consumption expenditures picking up even after adjusting for inflation, new data released Thursday showed.Consumption climbed 0.8 percent in October compared with the prior...
The chair of Credit Suisse said clients had started to return to the bank after pulling tens of billions of dollars of assets following a “social media storm” at the...
A man climbs into the fridge for milk at a Walmart store in Rosemead, California on November 22, 2022.Frederic J. Brown | AFP | Getty ImagesInflation rose in October about...
HSBC chief executive Noel Quinn has denied that Ping An’s campaign to break up the bank is directed from Beijing and said the Chinese insurer’s demands are not backed by...
On Net-a-Porter, a cashmere “Achillea” turtleneck sweater from Loro Piana knit in a graphic jacquard pattern will set you back £3,440. At Uniqlo, a “3D Knit” crewneck jumper, available in...
The UK regulator’s proposal to simplify financial advice is the “wrong solution” to the problem of British savers hoarding cash, according to the head of AJ Bell, one of Britain’s...
Peel Hunt’s profits have been almost entirely wiped out after the savage drop in company flotations and other equity raising activity in 2022.The mid-cap broker said equity market activity had...