Headline News
Microsoft to cut 3pc of its workforce - reports
Microsoft is laying off approximately 3% of its global workforce, it emerged on Tuedsay, amounting to around 6,000 roles, as part of a broad organisational restructuring aimed at streamlining operations and reducing layers of management.
Director dealings: Aston Martin insiders join placing, Pensana finance director sells
Aston Martin Lagonda saw significant director and related party participation in its latest equity placing, it emerged on Tuesday, with three parties acquiring shares on 9 May.
China to lift ban on Boeing deliveries - report
China has lifted its ban on Boeing deliveries, it was reported on Tuesday, as tensions between Washington and Beijing continued to ease.
German investor sentiment improves in May - ZEW
German investor sentiment improved more than expected in May, according to a survey released by the ZEW Center for European Economic Research in Mannheim.
Goldman cuts US recession odds after US-China trade deal
Following the US-China tariff deal announced on Monday, Goldman Sachs has lifted its S&P 500 return and earnings forecasts to incorporate lower tariff rates, better economic growth, and less recession risk than it previously expected.
On the Beach expecting another record year as H1 profit, revenue jump
On the Beach said on Tuesday that it was expecting another record year as it reported a jump in interim profit and revenue and said customer demand for its holidays "continues to buck wider UK consumer trends".
Wage growth slows as UK jobs market starts to cool
Wage growth slowed and unemployment edged higher in March, official data showed on Tuesday, as the UK labour market softened in the face of higher taxes and a weaker economic outlook.
DCC reports operating profit growth as it focuses on energy
DCC reported a 4. 9% rise in total adjusted operating profit to £703. 6m on a constant currency basis for the year to 31 March on Tuesday, driven by 8. 5% growth in its energy division.
Marston's reports solid first-half profit performance
Marston’s reported a strong first-half performance on Tuesday, returning to profit as operating margins improved and debt declined.
Wickes hails strong start to year as revenue jumps
Wickes hailed a strong start to the year on Tuesday as it reported a jump in revenues for the 17 weeks to 26 April.