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FTSE Today: Stocks fall as geopolitics, US rates, and Dr. Martens weigh
London markets tumble on global tensions.
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London markets tumble on global tensions.
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Dr Martens shares plunged after a profit warning forecast a sharp decline in profits, particularly due to US market struggles.
Business News
ScottishPower to compensate 1,699 direct debit customers overcharged due to a billing error.
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truggling fashion brand aims to secure future amid challenging times.
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DS Smith finds itself at the centre of a bidding war as International Paper tables offer.
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Discount retailer sees group revenue climb 10% in year to March 30.
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Aberdeen energy services firm urged to mull bids amid share price woes.
Business News
Struggling fashion retailer sets sights on steep rent cuts across UK stores in bid to survive.
Forex News
Strong US retail sales trigger greenback surge, yen hits 34-year low.
Gold News
Escalating Mideast tensions propel gold rally towards record highs amid safe-haven demand.
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Mideast tensions dent UK markets as commodity rout batters resources, offsets gains.
Business News
Tesla is cutting 15,000 jobs (10% of workforce) to reduce costs and boost productivity in response to weak demand and rising competition.
Forex News
Yen selling pressure intensifies, reaching 34-year high against USD.
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Mitie celebrates record financial performance with share buyback, revenue up 11%, operating profit up 23%.
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Audioboom reports wider loss for 2023 but sees a strong start to 2024. The company expects profitability in 2024 and plans to invest in sales to attract new clients.
Business News
Standard Chartered invests in ethical fintech Algbra, teaming up for a sustainable banking platform.