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Business news
Barclays Plc (LON: BARC) zooms by over 5%. Here's why
April 28, 2023 02:48 PM AEST| By Manu ShankarHighlights Britain's leading investment bank Barclays Plc beat the expectation to register a 27% rise in the net profit. The revenue witnessed an 11% rise to £7.2 billion.
UK inflation now among highest in Europe: cost of living crisis
April 28, 2023 12:28 AM AEST| By InvezzI have penned plenty of reports into the UK economy over the last few months. It’s been a wild ride for the nation, none more so than last October, when ex-prime minster Lizz Truss’ disastrous budget nearly bankrupted the country (deep di...
How is Standard Chartered PLC (LON: STAN) faring after earning report
April 27, 2023 05:30 PM AEST| By Manu ShankarHighlights The leading international banking and financial services firm said that its first-quarter profit had witnessed an increase of 21%, beating the overall expectations. For the first three months ending 31 March, the London-based bank repo...
What stock index is best? S&P 500 top since 2008 crash, DAX and Nikkei next – A Report
April 18, 2023 10:27 PM AEST| By InvezzThis is part one of a series on the performance of stock market indexes across the world. This piece will focus on a high-level overall view, while the ensuing reports will be more detailed into the performance of each respective index/country, and w...
Barclays (LON: BARC): How is the stock faring as annual net profit slides
February 16, 2023 10:10 PM AEDT| By Manu ShankarAccording to the latest figures, Barclay's profits for the final three months of 2022 fell by 4%. Barclays pretax profits stood at £7 billion and were down from £8.2 billion the year before. Barclays shares on Thursday were trading at GBX 170.76 an...
Should you explore these FTSE stocks amid rising energy prices?
February 01, 2023 09:59 PM AEDT| By Manu Shankar• According to Energy UK, around 12 million UK households spend nearly 10% of their income on energy bills. • Energy regulator Ofgem pointed out that customer calls to suppliers and support calls have increased by 300%.
Stocks to eye as UK food price inflation hits new record
January 05, 2023 10:34 PM AEDT| By Rishika RainaBRC warned that December 2022 saw the greatest inflation level in the fresh food group since records began.
Harvey Norman spruiks Malaysia opportunity
November 24, 2022 11:16 AM AEDT| By AAPNEWSHarvey Norman, which is holding its annual general meeting, says quarterly sales for its 28 Malaysian outlets have jumped by almost 40 per cent.
QBE warns of $100m catastrophe blowout
November 21, 2022 01:16 PM AEDT| By AAPNEWSQBE expects to exceed its catastrophe allowance by around $100 million this year as the war in Ukraine and extreme weather events cause elevated claims.
Retail sales strong but rate rises biting
October 31, 2022 02:49 PM AEDT| By AAPNEWSSpending reached another high in September with price inflation and an extra national public holiday contributing to a $35.1 billion month for retail.
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