(Alliance News) - Stocks in London ended sharply lower on Thursday after the Bank of England followed the Federal Reserve and raised interest rates as widely expected, while the Swiss National Bank delivered a surprise hike of its own. Read More
(Alliance News) - The pound remained lower against the dollar and equities also were down on the day at midday on Thursday, after the Bank of England decided to raise UK interest rates by a quarter of a percentage point. Read More
(Alliance News) - boohoo Group PLC shares slumped on Thursday after the online retailer once again warned on inflation and high clothing return rates, though it left annual guidance unchanged. Read More
(Alliance News) - Fresh off a hefty interest rate hike from the US Federal Reserve, jitters returned anew ahead of the Bank of England's turn on Thursday to tighten monetary policy. Read More
(Alliance News) - Asos PLC on Thursday lowered annual guidance after its third quarter was hit by inflationary pressures and a high clothing return rate, though the online retailer successfully ended its search for a new chief executive. Read More
(Alliance News) - Stocks in London are set to pull back on Thursday as all eyes turn to the Bank of England after aggressive monetary policy tightening by the US Federal Reserve. Read More
(Alliance News) - Mike Ashley's Frasers Group PLC on Wednesday said it has bought fast-fashion retailer Missguided Ltd out of administration in a GBP20 million deal. Read More
(Alliance News) - GSK on Tuesday said it has agreed to pay USD2.1 billion upfront, with potentially a further USD1.2 billion coming, to acquire Boston, Massachusetts-based Affinivax. Read More