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US economy set for recession after GDP reading confirms contraction
(Alliance News) - The world's largest economy is on course for a "mild" recession, analysts said Thursday, after data confirmed a contraction in the second quarter. ...
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UK motor insurance sector worry after mini-budget overstated
(Alliance News) - Share price slides for motor insurers following the UK mini-budget were overdone, German bank Berenberg said on Thursday, believing rising interest rates to be beneficial to the...
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Next guidance lowered but analysts still see bright future ahead
(Alliance News) - Next PLC has a history of under promising and over delivering, but despite this reputation, the market was still spooked by the latest guidance cut. ...
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Apple backtracks on iPhone production increase as demand not there
(Alliance News) - Shares in Apple were under pressure in New York on Wednesday, as the consumer electronics giant is reportedly seeing less sales of its new iPhone than expected....
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Bank of England "panics" and rushes in to shore up bond instability
(Alliance News) - The Bank of England took the severe step on Wednesday of announcing it will carry out temporary purchases of long-dated gilts, in a "panicked" move. ...
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boohoo out of fashion on cost-of-living woes, sustainability concern
(Alliance News) - boohoo Group PLC's first-half results did little to calm investor fears over the future of fast fashion. ...
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AG Barr still battling headwinds but interims show "resilience"
(Alliance News) - Scottish soft drinks maker AG Barr showed off some positive results on Tuesday, with analysts cheering the firm's growth across all its businesses. ...
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Goldman Sachs expects two 100 basis point BoE hikes before end of 2022
(Alliance News) - Goldman Sachs on Tuesday predicted a pair of 100 basis point rate hikes from the Bank of England before the end of this year, with UK fiscal...
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Market has doubts on GSK's long-term growth prospects - Shore
(Alliance News) - Analysts at Shore Capital Markets on Tuesday backed GSK PLC's near and medium-term prospects, but noted the pharmaceutical firm has some work to do to convince the...
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Galliford Try is "undervalued every which way" Liberum believes
(Alliance News) - Galliford Try's annual results - released last Wednesday - showed the firm's continued progression towards its targets, with Liberum "very optimistic" about its future. ...
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