Turning around the fortunes of Dixons Carphone, will take years, its new boss said, with annual profit set to tumble again in 2018-19.
The UK’s top share index rebounded on Friday but was set for a weekly loss as trade war concerns and the revived prospect of an interest rate hike in August took their toll.
With Germany flash services PMI data also beating forecasts, the single currency rose to the day’s highs at $1.1674.
The interest rates derivatives market needs to develop contingency plans in its contracts in case LIBOR ceases to exist, a special adviser at the Federal Reserve said.
Britain’s top share index edged up on Thursday as sterling hovered around 7-month lows ahead of a Bank of England policy meeting that is widely expected to keep interest rates unchanged.
Chancellor will try to reassure bankers that he will protect their interests as London leaves the EU, with a major speech emphasising open trade and financial services.
The United Kingdom needs to urgently give clarity on how trade with the European Union will work after Brexit, the boss of Siemens UK said.
Lloyds said it would cut 450 mainly back office roles, in the latest round of job cuts as Britain’s lenders look to reduce costs and focus on digital initiatives.
A former leader of London’s financial district believes Britain is unlikely to get generous access to the European Union financial market after Brexit.
The FTSE 100 was up 1 percent at 7,681 by 0815 GMT following three straight session of losses.
JSW Steel Limited
May bid for Arcelor-Mittal's Romanian plant
Gets DCGI's marketing nod for key cancer drug
Inks 5-year I.T. Infra deal with Nokia
BANK OF MAHARASHTRA
To raise Rs 3,000 Crore equity capital
Plans to launch 50 cvs this fiscal
Company may bid for Arcelormittal's Romanian plantco
Proposes investment of $500 Mn to upgrade steel manufacturing unit at Ohio, USA
Integrated steel manufacturing unit in Ohio, with potential capacity of 3 MTPA
Company gets marketing nod for Durvalumab drug from DCGI
Durvalumab is a patented product of AstraZeneca Global
Permission significant for patients with limited treatment options
Nokia signs 5-year global I.T. Infra & application services deal with company
Company will transition services from four incumbent vendors
Will build on strong existing engineering-centric partnership with this deal worth $500 Mn
BANK OF MAHARASHTRA
Gets shareholders' nod for raising equity capital upto Rs 3,000 Cr
Bank union requests govt to intervene in bank's arrests
AIBEA writes to DFS secy to step-in to save bank's reputation
May have rotating chairman till full time chairman is appointed
U.S. Investors of bank want Kochhar to quit
Investors will be confident if external candidate is appointed as CEO: Macquarie
TOI & ET REPORTS