Tesco and M&S report strong Christmas sales
Both retailers beat expectations for the key festive period as overall food prices remain high.
Both retailers beat expectations for the key festive period as overall food prices remain high.
Barclays slashed its workforce by around 5,000 jobs in 2023 as part of a major cost-cutting drive announced last year, the bank said Monday. The majority of the cuts fell in Barclays Execution Services, the bank’s support unit, the lender said, confirming for the first time Reuters reporting from last November that the lender was eyeing thousands of…
Business & Finance 21 November 2023, 2:14 pm 1 minute Reuters exclusively reported that India’s Jindal Power Ltd, the only company whose expression of interest to take over Go First was accepted by creditors, has decided to not follow through with a bid, three people familiar with the plans said, pushing the insolvent airline closer…
IRS Commissioner Daniel Werfel speaks during an IRS event on August 2, 2023 in McLean, Virginia. Alex Wong | Getty Images The IRS is sending more than 20,000 rejection letters to taxpayers who wrongly claimed a pandemic-era tax break as the agency continues its crackdown on “dubious” filings. Created to support small businesses during the…
Food and drink giant Danone will cut the price of its baby formula range sold to UK retailers.
Updated Jan. 11, 2024 2:43 pm ET LONDON—Airbus, the world’s biggest plane maker, smashed its near-decade old record for the highest number of orders in a single year, as airlines scramble to secure the limited availability of new aircraft. The company said it had booked 2,319 gross orders last year, more than twice the number…
The project meant to debut small modular reactors, the technology the nuclear energy industry hopes will spur a renaissance of atomic power construction, collapsed Wednesday night amid mounting financial troubles. The NuScale Power Corporation based in Portland, Oregon, whose SMR design became the first in U.S. history to win the Nuclear Regulatory Commission’s approval last…