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Retail titan Mike Ashley has launched a scathing attack on Prime Minister Andy Burnham’s High Street revival policies, labelling them ‘populist reactions’ and ‘delusional’.…
Angela Rayner’s £39 billion pledge for thousands of new social…
The US Office of the Comptroller of the Currency (OCC)…
Crypto-focused US bank Silvergate swung to a $1bn loss in the last three months of 2022, underscoring how the lender has been rocked by the collapse of crypto prices and implosion of exchange FTX.The California-based bank reported a $1.05bn net loss for the fourth quarter,…
Unilever CEO Alan Jope photographed at the World Economic Forum in May 2022.Hollie Adams | Bloomberg | Getty ImagesThe CEO of consumer goods giant Unilever said Tuesday that prices would likely continue to rise in the near term, adding that his firm had a playbook for high…
Stocks were down 20% last year on fears of an imminent downturn in earnings for 2023. But it’s a very different January: the S & P 500 is up 4%. Consider: 1) half of the S & P 500 stocks are above their 200-day moving…
A Cheesecake Factory restaurant in Louisville, Kentucky.Andy Lyons | Getty ImagesCheck out the companies making the biggest moves midday:Goldman Sachs — The bank slid more than 2% after reporting earnings-per-share and revenue that missed Wall Street estimates Tuesday.Pfizer — Wells Fargo downgraded the pharmaceutical giant…
Rich travelers will have to pay more to fly if the aviation industry is to transition to greener fuels, the boss of one of the world’s biggest airports said Tuesday. Speaking on a panel at the World Economic Forum in Davos hosted by CNN’s Richard…
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. The world is in debt. A record amount…
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