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Lindt & Spruengli records growth in sales in Germany and UK
Consumer Stocks

Lindt & Spruengli records growth in sales in Germany and UK

Summary Lindt & Spruengli AG (SWX: LISN) released its sales report for the last year, disclosing a 6.1 per cent drop to CHF 4.02 billion in the organic sales. The online business of the Zuri...

Rio Tinto reports strong performance in iron ore 
Metals and Mining

Rio Tinto reports strong performance in iron ore 

Summary Rio Tinto Plc (LON: RIO) reported a strong performance through Pilbara iron ore. A shift in policy is likely to promote domestic investment with the exports continuing to rise alongside the global economic recovery. Rio Tinto...

FTSE 250 Index Ended Marginally in Green; Crude Oil Prices Traded Lower
Market updates

FTSE 250 Index Ended Marginally in Green; Crude Oil Prices Traded Lower

European News: The London and European markets traded in the mixed territory due to the ongoing worries regarding Covid-19 restrictions. The Springboard had reported a drop in the number of shoppers heading to the retail destinations of around 10.9% ...

Royal Dutch Shell PLC (LON: RDSA) withdraws from the Altalto project
Oil and Gas Stocks

Royal Dutch Shell PLC (LON: RDSA) withdraws from the Altalto project

Summary Shell stepped back from the waste-to-jet fuel project Altalto Joint Development Agreement, Velocys revealed. The Immingham Altalto project would continue according to its existing development plan. Velocys PLC (LON: VLS) annou...

What factors led N Brown Group to post a decent recovery during the third quarter of FY21?
Consumer Stocks

What factors led N Brown Group to post a decent recovery during the third quarter of FY21?

Summary N Brown Group Plc had reported a decline of 8.8% year-on-year in its revenue during Q3 FY21 covering 18-weeks period ended on 02 January 2021. The Company had successfully completed its fundraising of £100 million on 23 December 2...

FTSE 100 remains range bound as investors stay glued to vaccine roll out
Market updates

FTSE 100 remains range bound as investors stay glued to vaccine roll out

UK stock markets seem to have stalled on Monday, 18 January, with the FTSE 100 oscillating in a narrow range as investors remain glued to the ongoing vaccine distribution drive. The range bound equity trading session coupled with weaker pound sterlin...