News Powered By AI
News Powered By AI
British housebuilder Crest Nicholson has warned of an unexpected annual loss, citing subdued market conditions and reduced home completion forecasts as sales demand weakens.
A Jersey deputy withdrew her proposal to cut fuel duty by 10p per litre for three months after productive talks with the Treasury Minister produced an alternative approach.
Jaguar Land Rover plans up to 4,000 job cuts as the UK’s largest carmaker faces sales pressures, while the government signals no financial bailout will be provided.
EU manufacturing faces 300,000 job losses this year due to Chinese competition, industry group warns, urging Brussels to address component-level supply chain penetration.
Retailers have inconsistently reported tariff refunds flowing in after a February Supreme Court ruling, with some using the money to lower prices while others boosted shareholder profits, complicating earnings analysis.
Australia’s 10-year government bond yield has surged past 5.2%, the highest in over 15 years, reflecting global concerns about inflation, debt levels, and competition for capital in the economy.
