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Highlights:,Co-op CEO warns that potential national insurance hikes could significantly increase costs.,Real living wage increases will raise pay rates to £12.60, further adding to wage pressures for businesses.,Khoury-Haq calls for government collaborati...

• October 23, 2024 03:50 AM BST
• Team Kalkine Media

Highlights:,World Chess announces the World Chess Tour (WCT), a global competition featuring six annual open tournaments, Grand Slams, and a championship.,Top stars like Magnus Carlsen and Hikaru Nakamura, along with young talents, will participate in the...

• October 23, 2024 03:50 AM BST
• Team Kalkine Media

Highlights:,UBS downgraded Man Group from ‘buy’ to ‘neutral’ amid concerns over weaker performance fees and volatile fund flows.,The AHL quant division’s net asset values have dropped by 10-20% in recent months, affecting performance fee generation.,UBS c...

• October 23, 2024 03:50 AM BST
• Team Kalkine Media

Highlights:,The CMA has launched a formal investigation into Carlsberg’s £3.3 billion takeover of Britvic.,A decision on whether to proceed with a phase-two investigation is due by December 18.,Carlsberg expects to save £100 million annually through the m...

• October 23, 2024 03:50 AM BST
• Team Kalkine Media

Highlights:,The IMF raises UK 2024 growth forecast to 1.1%, placing the UK third among G7 nations.,UK growth will surpass Japan, Italy, and Germany, with global growth expected at 3.2%.,IMF praises global economic resilience during the disinflationary pro...

• October 23, 2024 02:49 AM BST
• Team Kalkine Media

Highlights:,Reckitt Benckiser (LSE:RKT) is expected to report a 1.2% drop in organic sales for the third quarter.,Sales of hygiene and health products are forecast to grow by 2.5%, while nutrition sales are expected to decline by 21%.,Barclays maintains a...

• October 23, 2024 02:49 AM BST
• Team Kalkine Media

Highlights:,Lloyds Banking Group (LSE:LLOY) will release its third-quarter update on 23 October, following recent mortgage rate increases.,The bank reported a 9% fall in net income in the first half, with a NIM decline to 2.93% in the second quarter.,UBS ...

• October 23, 2024 02:49 AM BST
• Team Kalkine Media

Highlights:,ASML (NASDAQ:ASML) CEO suggests potential for stricter export controls on semiconductor technology to China.,US-led restrictions have set China’s chipmaking capabilities 10 to 15 years behind the West.,Despite controls, China remains one of AS...

• October 23, 2024 02:49 AM BST
• Team Kalkine Media

Highlights:,Think-tank warns UK Budget proposals could create an £80 billion economic shortfall.,GDP per capita could drop by 8.8% by 2030-31 due to proposed tax-raising measures.,The Commission suggests scrapping inheritance tax and reducing corporation ...

• October 23, 2024 02:49 AM BST
• Team Kalkine Media

Highlights:,Dr. Phil L'Huillier appointed as CEO of Scancell (LSE), bringing extensive biotech expertise.,Current CEO, Professor Lindy Durrant, transitions to chief scientific officer and continues on the board.,Scancell is expecting significant data from...

• October 23, 2024 02:49 AM BST
• Team Kalkine Media