It is to be seen whether this pay growth will translate to better and stronger earnings across the British workforce. On Thursday, recruiters disclosed the starting salaries across British companies are rising at their fastest rates in recent years, thus… Read More ›
While the traditional cigarettes market is seeing a decline, the sale of vaping pens and heated tobacco devices are on the rise. On Tuesday, British tobacco company Imperial Brands stated, it expects vaping pens and a heated tobacco device to… Read More ›
Investors are increasingly using their financial muscles to reward companies that limit their investments towards fossil fuel companies. On Monday, the world’s biggest reinsurer, Munich Re, stated it will stop investing in shares and bonds of companies that generate more… Read More ›
The U.S. luxury carmaker, which generated 17% of its 2017 sales from China, could relocate some of its carmaking activities to China. In response to the burgeoning U.S.-China trade war, Tesla has become the first automaker to raise the prices… Read More ›
Starbucks is hoping the cost synergies in its deal with Nestle will enable it to mitigate the pressures of fighting waves of small boutique coffee stores in the U.S. and China. Feeling the pressure in its home market, Starbucks Corp… Read More ›
The investment by the activist hedge fund, which prefers to conduct discussions with companies behind closed doors rather than on cable television, revolves around Citigroup’s reliable revenue source and low risk factor. ValueAct Capital Partners has invested $1.2 billion in… Read More ›
The strategic acquisition, aimed at garnering more revenues from the higher-margined spares parts and airplane services industry, does not significantly impact its 2018 guidance or its capital deployment strategy. On Tuesday, in a move aimed at expanding its aircraft services… Read More ›
BlackRock, the world’s biggest asset manager, piled up cash thanks to increased volatility in global markets. On Thursday, New-York-based BlackRock Inc, the world’s biggest asset manager, reported a rise of its net income to $1.09 billion as its first quarter… Read More ›
In a strategic shift the UK-based gambling company is aiming to relocate the sources of its revenues from regulated markets in the wake of increased headwinds from lawmakers in its home market. On Thursday, Playtech, a British gambling technology company… Read More ›
The survey is reflective of the strong resilience of the British people. As per the results of a survey, British companies are planning to boost their spending on advertising this year on the hopes that the economies of the… Read More ›
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