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Germany battery maker Varta seeking recharge as yearly targets lowered
Business
Evening Standard
Business events giant Informa enjoys sales boost amid Microsoft AI deal
Corporate events organiser Informa has reported rising sales in recent months after signing a deal with Microsoft to deepen its use of artificial intelligence (AI).The FTSE 100-listed company said strong demand for live events around the world had helped generate revenues of about £1.4 billion over the first five months of the year.That is about …
Business
Evening Standard
Robinsons maker Britvic rejects £3.1 billion takeover offer from Carlsberg
Soft drink maker Britvic has rejected a £3.1 billion takeover move by Danish brewing giant Carlsberg.The Robinsons squash and J2O maker saw its shares jump by as much as 15% on Friday in response.The Hemel Hempstead, Hertfordshire-based company said it received a proposal from Carlsberg for the whole business on June 11.It said the potential …
Business
Sky News
Popular sunscreens fail safety test – as £2.49 rival passes with flying colours
Some of the UK’s most popular sunscreens have failed safety tests – but cheaper alternatives from Aldi and Lidl passed with flying colours.Which? examined the SPF and UVA protection offered by products on supermarket shelves, and warned three in particular fell short: • Asda Protect Moisturising Sun Lotion SPF 30 High• Calypso Press & Protect …
Business
Sky News
Retail sales up as weather spurs better-than-expected rebound
Retail sales rose by a better-than-expected 2.9% in May as increased footfall, better weather and deals saw shoppers return to high streets, according to officials.It comes following a poor performance during the previous month as days of heavy rain dampened demand in much of the country. Non-food shops reported strong monthly growth in May, with …
Business
Sky News
Government borrowing lower than forecast – but next chancellor ‘facing Pandora’s box’
Government borrowing was less than expected in May, new figures have revealed.Net borrowing – the difference between public sector spending and income – was £15bn, an increase of £0.8bn on the same time last year, the Office for National Statistics (ONS) reported on Friday. The amount is below the £15.7bn forecast by the Office for …
Business
Sky News
Microsoft back as world’s most valuable company
Microsoft has regained the title of the world’s most valuable public company just days after it was overtaken by one of its rivals.Computer chip maker Nvidia lost its hold on the top spot after its shares slipped by 3.5% in the US on Thursday, leaving the company valued at $3.2trn (£2.5trn). Microsoft’s shares also dipped …
Business
Evening Standard
Consumer confidence up amid increasing optimism in the economy
Consumer confidence has seen its third monthly increase since March bolstered by increasing optimism about the economy, a survey suggests.GfK’s long-running Consumer Confidence Index rose by three points in June as it made its slow climb out of negative territory to minus 14.The increase was driven by a seven-point improvement in confidence in the general …
Business
Euro News
Beijing protests EU tariff increase on Chinese electric vehicles
Business
Euro News
‘You want to be surgical’: How AI and big data are shaking up B2B marketing
Business
Euro News
UK retailer Sainsbury’s to offload banking business to NatWest
Business
Sky News
A rate cut is coming but the election could have a role in delaying it – Ian King
The Bank of England’s monetary policy committee (MPC) was never going to cut interest rates today. Not two weeks before a general election.Cutting the cost of borrowing would have been perceived as highly political, potentially offering support to the government, even though some Conservative politicians, such as the former business secretary Jacob Rees-Mogg, sought to …

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