UK Wealth and Price Comparison Shares Drop on AI Concerns
Shares in major UK wealth managers and price comparison sites have fallen sharply due to investor fears over AI disruption in financial services, with significant market volatility reported.
Category : Markets
Heineken to Cut Up to 6,000 Jobs Globally
Heineken plans to reduce its workforce by up to 6,000 positions over two years, citing weak beer demand, health trends, and economic pressures. The brewer also revised its 2026 profit growth forecast downward.
Asian Shares Advance After Weak US Retail Data
Asian stock markets posted moderate gains on Wednesday, buoyed by mixed US performance and weak holiday retail data that could prompt Federal Reserve interest rate cuts. Key indices in China, Australia, and Taiwan all climbed.
Kalshi Hits $1bn Trading Volume During Super Bowl Weekend
Online prediction market Kalshi reached a record $1bn in trading volume during Super Bowl weekend, with $145m wagered on Bad Bunny's halftime performance details.
FTSE 100 Falls as Starmer Faces Pressure, US Retail Disappoints
The FTSE 100 closed lower as Prime Minister Keir Starmer resisted calls to resign, while US retail sales missed expectations, impacting global markets. Coca-Cola HBC surged on strong earnings.
Royal Mint's Sustainable Diamond Jewellery for Valentine's Day
The Royal Mint's 886 jewellery label offers lab-grown diamond pieces from £495, crafted from recycled e-waste, with delivery before Valentine's Day.
BP Suspends Share Buy-Backs, Piling Pressure on Incoming CEO
BP has suspended its share buy-back programme, sparking a 6% share price drop and raising questions about the strategic direction under incoming chief executive Meg O'Neill.
Rare 2009 50p Coin Worth Over £200 to Collectors
A highly sought-after 50p coin from 2009 commemorating the London Olympics could fetch more than £200, with one example selling for £257 due to its rarity and Blue Peter connection.
Honda Profits Fall 42% Due to Trump Tariffs and EV Slowdown
Honda reports a 42% profit drop for nine months through December, citing US tariffs and a cooling electric vehicle market. The automaker lowers its EV sales target and cancels some models.
BP Halts Share Buy-Backs as Profits Slide to $7.5bn
BP has suspended share buy-backs after reporting weaker annual profits, with underlying earnings falling to just below $7.5bn for 2025. The oil giant faces pressure as it aims for a turnaround under new leadership.
BP Halts Buybacks, Boosts Savings as Profits Fall Sharply
BP has paused its share buyback programme and increased cost-saving targets after reporting a 16% drop in annual profits for 2025, driven by lower crude oil prices and market volatility.
Global Stocks Hit Record Highs, BP Profits Slump 16%
Global stocks reached new record levels in Asian trade, led by Tokyo's Nikkei, while BP reported a 16% annual profit decline due to lower oil prices. Key US economic data this week could influence market direction.
Hard Cider Brand Pays Cash for Exes' Leftovers in Valentine's Promotion
Angry Orchard launches Ex-Change program letting customers trade old items from exes for cash. Deadline to register is February 20 amid cultural shift toward inclusive Valentine's celebrations.
SC Man Wins $200K Lottery on Way to Work After Quick Stop
A South Carolina man's ordinary commute turned extraordinary when he stopped for a drink and bought a $5 scratch-off ticket, winning a $200,000 jackpot. He plans to invest the winnings.
Asian Markets Rise on Japan's Post-Election Stock Rally
Asian benchmarks mostly climbed, led by Japan's Nikkei 225 hitting new highs after Sanae Takaichi's historic election win. U.S. stocks also advanced amid AI-driven gains and inflation concerns.
Fast Food Chains Pivot for GLP-1 Weight Loss Drug Users
As GLP-1 medications like Ozempic reshape American eating habits, fast food chains are launching protein-focused menus and smaller portions to retain customers amid declining calorie consumption.
Stocks Up as Scottish Labour Leader Calls for Starmer to Quit
FTSE indices closed higher on Monday despite mounting pressure on Prime Minister Keir Starmer after Scottish Labour leader Anas Sarwar called for his resignation over the Mandelson scandal.
Garner's Baby Food Company IPO Soars, Reviving Market Hopes
Actress Jennifer Garner's organic baby food company, Once Upon a Farm, has surged in its Wall Street debut, valued at $845 million, indicating renewed investor appetite for consumer IPOs after a sluggish 2025.
UK Bond Yields Climb as Starmer Faces Political Pressure
UK borrowing costs increased as investors reacted to the resignations of two senior aides to Prime Minister Keir Starmer, raising concerns about political stability and fiscal policy.
Nikkei Hits Record High After Takaichi's Landslide Election Victory
Japan's Nikkei share average surged to a record high, surpassing 57,000 points, and the yen strengthened after Prime Minister Sanae Takaichi's sweeping election victory ended political uncertainty.
Best Women's Lingerie in the UK for 2026: Style Guide
Discover the leading women's lingerie brands in the UK for 2026, featuring expert insights on style, comfort, and sustainability in intimate apparel.
Freja's Bone Broth Success: From £7 Cartons to £9M Turnover
Jessica Leather's Freja company sells bone broth despite its off-putting name, achieving £9 million turnover by 2025. The brand's new cookbook helps consumers make the nutritious liquid at home.
Rare 1983 2p Coin Worth £1,000: Expert Tips
Experts urge Brits to search for a rare 1983 2p coin with a minting error, which could fetch up to £1,000 due to its 'new pence' inscription instead of 'two pence'.
Fast Food Chains Adapt to Weight-Loss Drug Era
American fast food chains are innovating with protein-focused menus and smaller portions to cater to the growing number of GLP-1 medication users, as studies show changing dining habits.
Bone Broth Business Booms to £9M Despite Name Challenges
Jessica Leather's Freja company sells £7 bone broth cartons, turning over £9 million by 2025. She discusses the product's health benefits and new cookbook launch.
Dow Jones Hits Record High, Surpassing 40,000 Points
The Dow Jones Industrial Average soared to an unprecedented high, breaking the 40,000-point barrier, driven by strong corporate earnings and investor optimism.
US Stocks Jump on Tech Recovery and Bitcoin Rebound
The Dow Jones Industrial Average soared above 50,000 for the first time, leading a broad market rally fuelled by chip stocks and improved consumer sentiment.
Dow Jones Hits Historic 50,000 Points Milestone
The Dow Jones Industrial Average has achieved a historic milestone, crossing 50,000 points for the first time. This record-setting surge, driven by AI and tech investments, reflects strong investor confidence in the current economic climate.
FTSE 100 Climbs After Choppy Week Amid US Market Rebound
The FTSE 100 closed up 0.6% on Friday, capping a record-breaking week with a 1.4% gain, while US indices soared. However, data and software stocks fell on AI disruption fears, and Stellantis plummeted 25% after a major loss.
Bezos Loses £12 Billion as Amazon Shares Plunge on AI Spend
Amazon founder Jeff Bezos sees his fortune shrink by £12 billion after shares tumble due to a £147 billion investment plan in AI and robotics, while his Washington Post announces major job cuts.
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