UK’s Travis Perkins slides as DIY sales cool off

UK’s Travis Perkins slides as DIY sales cool off

A signage is pictured at a building of Travis Perkins, a timber and building merchants yard in St Albans, Britain October 22, 2020. REUTERS/Paul Childs Register now for FREE unlimited access to Reuters.com Register Aug 2 (Reuters) – Travis Perkins (TPK.L) said on Tuesday its Toolstation business swung to a loss in the first-half, as … Read more

Rightmove sees a stable property market for the rest of 2022 after cooling slightly in H1

A woman walks past houses on a leafy street early in the morning in Islington, London, Britain, June 22, 2020. REUTERS/Simon Newman Register now for FREE unlimited access to Reuters.com Register July 29 (Reuters) – UK’s Rightmove (RMV.L) expects “broadly stable” market activity for the rest of the year, the online real-estate portal said on … Read more

Amazon sees summer windfall on higher fees and Prime Day sales

The logo of Amazon is seen at the company’s logistics center in Bretigny-sur-Orge, near Paris, France, December 7, 2021. REUTERS/Gonzalo Fuentes GLOBAL BUSINESS WEEK AHEAD Register now for FREE unlimited access to Reuters.com Register July 28 (Reuters) – Amazon.com Inc (AMZN.O) on Thursday said it expects a jump in third-quarter revenue, as the retailer collects … Read more

Hong Kong set for billions in inflows from Chinese companies’ listing upgrades

People walk past a screen displaying the Hang Seng stock index outside Hong Kong Exchanges, in Hong Kong, China July 19, 2022. REUTERS/Lam Yik Register now for FREE unlimited access to Reuters.com Register HONG KONG, July 27 (Reuters) – Hong Kong is set to see billions of dollars flowing in from the mainland with more … Read more

Analysis: Food delivery companies revamp for cost-of-living crunch

AMSTERDAM/NEW YORK, July 25 (Reuters) – When food delivery service Grubhub struck a deal with Amazon (AMZN.O) earlier this month, offering Prime customers a year’s free delivery, shares in rivals slumped. The deal, a lifeline for Grubhub that will increase pressure on its competitors, was the latest example of a meal delivery company taking action … Read more

Snap’s report incinerates $80 billion in ad industry market cap

A woman stands in front of the logo of Snap Inc. on the floor of the New York Stock Exchange (NYSE) while waiting for Snap Inc. to post their IPO, in New York City, NY, US March 2, 2017. REUTERS/Lucas Jackson Register now for FREE unlimited access to Reuters.com Register July 21 (Reuters) – Facebook-owner … Read more

Deliveroo slashes revenue outlook on deteriorating UK economy

A Deliveroo delivery rider cycles in London, Britain, March 31, 2021. REUTERS/Toby Melville Register now for FREE unlimited access to Reuters.com Register LONDON, July 18 (Reuters) – British food delivery company Deliveroo (ROO.L) on Monday slashed its full-year revenue guidance, blaming a worsening economic outlook as pressures on consumers mount. The group said its full-year … Read more