Tinned tuna and hand sanitiser sales soar after shoppers told to stockpile
In the ten days after shoppers were told to build up piles of essentials, sales of hand sanitiser jumped by 83 per cent year-on-year, according to Worldpanel by Numerator. This comes as Princes Group, a London-listed…
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Asda loses ground on rivals as turnaround efforts stall
The supermarket chain posted £4bn in total takings in the 12 weeks to 1 November, 0.5 per cent lower than the same time a year ago, according to Worldpanel. The company’s share of the grocery market slimmed from 11.6 to…
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Anthropic retracts $69bn IPO plans after sending inaccurate figures to banks
The Claude developer circulated a securities filing on Monday outlining plans to sell approximately 867 million shares at between $70 and $80 apiece, Reuters reported. However, the AI giant quickly followed up with a…
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Vodafone raises profit target after cutting 3,000 European jobs
Vodafone has raised its profit target after wielding the axe on thousands of roles across Europe in the first half of the year. The telecommunications giant said it had cut 3,000 roles in the region between April and…
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CIGA design sets sail with Blue Planet II and Hunter Tourbillon watches
Guided by the belief that exceptional design should be accessible to a wider audience, the brand continues to explore new possibilities in traditional watchmaking through distinctive aesthetics, innovative mechanical…
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FBI probes Nvidia boss over alleged spy affair as shares tumble
Nvidia shares closed 4.3 per cent lower on Monday, having plunged almost nine per cent earlier in the session, as investors weighed the potential fallout from the investigation into its chief executive. The decline came…
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Author Jojo Moyes among UK travellers at risk of EU ban amid digital border system glitches
She is one of a number of UK travellers who say their trips to the EU have not been properly recorded since the introduction of the EU digital entry and exit system (EES) . The system, which launched last year, has…
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Hexagon World Series considers British leg as celeb-backed padel event goes global
A UK stop isn’t on the calendar yet, but the inaugural Premier Padel tournament at Olympia this summer showed its potential as an emerging market for the fast-paced racket sport. Andy Murray and Anthony Joshua’s Team…
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FTSE 100 Live: Stocks climb; Trump says Iran war ‘effectively over’
Tech stocks rebounded in the US overnight, despite Nvidia losing more than four per cent over its ‘honeytrap’ scandal. Oil prices are falling further after President Trump said the US’s war with Iran “militarily is…
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Young people in UK hit by ‘low-gear economy’, warns Bank of England deputy
"What you see is the cost falling on young people, so you can see this rapid rise in the number of young people who are struggling to find jobs," she said. Against a highly volatile backdrop, she also warned Threadneedle…
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