Wizz Air said it had swung to a loss in the last quarter as supply chain issues at a key engine provider and costs associated with the Israel-Gaza conflict hit …
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Estate PlanningFinancial PlanningInvestingPersonal FinanceRetirement Planning
GSK spin-off Haleon offloads Chapstick brand for £400m to ‘simplify’ business
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Consumer healthcare company Haleon has agreed to sell its Chapstick lip balm brand to Yellow Wood Partners in a deal worth $510m (£401m) as part of efforts to “simplify” its …
Estate PlanningFinancial PlanningInvestingPersonal FinanceRetirement Planning
Dr Martens given a kicking but maintains downgraded guidance
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Dr Martens has held its full year guidance after third quarter revenues were kicked down by a fifth, blaming weak demand for its leather boots in the US. The British …
Estate PlanningFinancial PlanningInvestingPersonal FinanceRetirement Planning
Rio Tinto chief ‘numb’ as mining giant confirms four among plane crash dead
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London-listed mining giant Rio Tinto has confirmed a number of its workers were on board a plane which crashed, killing six in total. The company issued a statement this morning …
Estate PlanningFinancial PlanningInvestingPersonal FinanceRetirement Planning
Tesla forecasts ‘notably lower’ EV sales as Musk-run firm warns on China threat
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Tesla said it expects electric vehicle (EV) sales growth to come in “notably lower” this year despite its aggressive cost cutting strategy, amid a slowdown in demand. Elon Musk’s outfit …