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Tesco shares fall as sales growth undermined by rising cost pressures
(Alliance News) - Tesco PLC's shares were coming under pressure in London on Wednesday, with investors unhappy with its interim update - showing the firm is struggling to cope with...
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Sterling rally following government U-turn seen as fragile by analysts
(Alliance News) - Sterling staged a sharp recovery on Monday following the news that the UK government had abandoned plans to axe the top rate of tax, and the currency...
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RBA becomes first central bank to slow pace of interest rate hikes
(Alliance News) - Australia's central bank raised it key interest rate by 25 basis points on Tuesday, coming in below market consensus and putting an abrupt end to its streak...
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Greggs showcases resilience with reassuring third-quarter numbers
(Alliance News) - Greggs PLC's "robust" third quarter results demonstrate its continually impressive resilience, analysts at Jeffries said on Tuesday. ...
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Brickability buy adds to "excellent" M&A track record - Shore Capital
(Alliance News) - Brickability Group PLC on Monday said it has acquired ET Clay Products for a consideration of GBP11.6 million. ...
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Share price slumps for UK banks unjustified - Berenberg
(Alliance News) - Share price slides for UK banking stocks last week were hefty, but also "overdone", according to German bank Berenberg on Monday. ...
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Tesla's third-quarter to disappoint but strong end of 2022 coming
(Alliance News) - Tesla Inc's third quarter deliveries were solid, but "nothing to write home about", an investment analysts said. ...
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Nike shares take hit after underwhelming results, UBS still keen
(Alliance News) - Nike Inc shares plummeted in New York on Friday, a day after the Oregon-headquartered sports apparel retailer reported a dip in first-quarter profit on lower margins....
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Fed's key inflation indicator shows hawkishness here to stay
(Alliance News) - The US central bank's favoured inflation indicator ticked higher in August, which analysts believe will lead to another 75 basis point hike. ...
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Outlook for pound shaky after bounce-back from historic low
(Alliance News) - Identifying the culprit behind sterling's resurgence towards the end of the week has analysts divided, with the resilience of the recovery being called into question. ...
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