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Euro News
European stocks, single currency rally as US inflation cools more than expected
Business
Sky News
Korean ramen products at risk of causing ‘acute poisoning’ recalled
Denmark’s food agency has recalled three South Korean spicy instant ramen noodle products – warning consumers they are so hot they might cause “acute poisoning”.The Samyang Foods products being withdrawn are Samyang Buldak 3x Spicy & Hot Chicken, 2x Spicy & Hot Chicken and Hot Chicken Stew. The agency issued the warning on Tuesday and …
Business
Business Live
HSS shares slide as Amey ends nine-year rental contract
HSS Hire Group saw its share price plummet by 10% on Wednesday after it disclosed that a key client had chosen to switch to a different supplier for its equipment rental services. The contract with Amey represented approximately 7% of HSS’s revenues and a tenth of its adjusted earnings in 2023, according to the company. …
Business
Sky News
EU threatens additional tariffs on Chinese electric cars
The European Union has said it will slap tariffs on Chinese made electric vehicles from next month, the latest strike in an escalating trade war between Europe, the US and China.The bloc has announced tariffs of up to 38.1%. This will come on top of the existing tariff of 10%. The move comes after an …
Business
Evening Standard
Tools hire group HSS shares slide after losing major contract
Tools and equipment hire group HSS has seen its share price tumble by a tenth on Wednesday after revealing that a major client was walking away from a contract.HSS Hire Group told shareholders that infrastructure business Amey had decided to switch to a different supplier for its equipment rental services.The deal with Amey had accounted …
Business
Evening Standard
Whisky maker in talks with union in bid to avert strike action at distilleries
Further talks between whisky maker Whyte & Mackay and members of the GMB union are taking place as the drinks manufacturer attempts to “mitigate” planned industrial action at three of its distilleries.GMB Scotland members at the company’s Dalmore and Invergordon distilleries in Ross and Cromarty and Tamnavulin in Moray recently voted to walk out after …
Business
Evening Standard
Stalled UK growth ‘is a blip’ not a new downturn, City experts say
City economists today said the stalling of economic growth in April will prove to be a “blip” that should not prevent continued recovery from last year’s brief recession. Latest data from the Office for National Statistics showed that GDP did not advance in the month — in line with City forecasts — following a 0.4% surge …
Business
Euro News
French IT company Atos accepts Onepoint’s restructuring plan
Business
Business Live
New naming rights deal for Resorts World Arena
A new naming rights deal has been struck for the Resorts World Arena. The 15-000 capacity venue, on the NEC campus in Solihull, will be known as ‘bp pulse LIVE’ from September 1. bp pulse operates a network of electric vehicle charging stations and is part of the BP group, one of the world’s largest …
Business
Evening Standard
Co-op Bank apologises after payments taken twice from business accounts
The Co-operative Bank has apologised after customers said a glitch had taken payments twice from some small business account holders.One person on X, formerly Twitter, complained that they are “almost £5k down thanks to this with no resolution in sight”.The Co-op Bank apologised on Tuesday, and said only a “small number” of its 96,000 small …
Business
Business Live
Harrogate Conference Centre hails return to pre-Covid levels in events
A leading conference centre in Yorkshire has hailed post-pandemic recovery in its industry after significant growth and forecasts of a strong year to come. The Harrogate Convention Centre said lettings income for the year ending in March was its highest since 2014, having risen 19% on the previous year and 14% on pre-Covid levels. The …
Business
Sky News
Outlook for economy is stronger, which makes timing of election even more peculiar
After a very strong start to 2024, during which the UK economy achieved its strongest growth for two years, things stalled again in April.That the economy flatlined during April was no surprise, though, given a couple of factors. One was the early timing of Easter, which will have led some consumer spending that would normally …

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