(Alliance News) - UK supermarket sales have weakened in recent weeks, while grocery inflation accelerated to the highest level since May 2009, figures on Tuesday showed. Read More
(Alliance News) - Shares in Made.com Group PLC plunged on Monday after the furniture retailer lowered its guidance for 2022 due to "highly challenging" market conditions. Read More
Ocado Group PLC - Hatfield, Hertfordshire-based online grocer - James Matthews, chief executive officer of Ocado Technology division, buys 11,063 Ocado Group shares at GBP7.93 per share, worth GBP87,731, on Wednesday. Matthews became CEO of Ocado Technology in 2018. Read More
(Alliance News) - Shell on Thursday reported a substantial rise in first-quarter earnings due to the surging price of oil, even as it joined energy peers in taking a write-down from exiting Russia following the invasion of Ukraine. Read More
Ocado Group PLC - FTSE 100-listed online grocer - Sees some minor shareholder rebellions at its annual general meeting on Wednesday. All resolutions were passed by shareholders, though proposals to approve director's remuneration policy and to approve amendments to the Ocado Group 2019 Value Creation Plan both see opposition from 29% of votes cast. Read More
(Alliance News) - Stocks in London ended mixed on Tuesday as earlier gains faded after US equity markets fell sharply at the open, while heavyweight oil majors helped keep the FTSE 100 in the green. Read More
(Alliance News) - UK grocery sales have fallen year-on-year in recent weeks and notably declined on a two-year basis for the first time since the pandemic began, figures from Kantar showed on Tuesday. Read More
(Alliance News) - Stocks in London were searching for direction on Wednesday morning, while the pound weakened despite a three decade high inflation print in the UK as the data brought 'stagflation' fears to the fore once again. Read More
(Alliance News) - Stocks in Europe were having a mixed day on Monday, with the FTSE 100 feeling the weight of a poor UK GDP reading, but the CAC 40 in Paris gaining as investors in France show confidence in President Emmanuel Macron - as he looks set to extend his time in office. Read More
(Alliance News) - UK grocery sales declined in recent weeks from a year before, numbers from Kantar showed on Tuesday, with the pace of growth compared to two years earlier also slowing. Read More
(Alliance News) - Stocks in Europe made a confident start to trading on Tuesday, with markets cautiously optimistic as a new round of peace talks between Russia and Ukraine get underway in Istanbul. Read More
(Alliance News) - London's FTSE 100, turbo-charged by a weaker pound, took a pair of major central bank rate hikes in its stride on Thursday. Read More
(Alliance News) - Investors have gotten accustomed to online businesses reporting endless losses even as sales skyrocket, but Ocado Group PLC on Thursday reminded them that even sales can go in the other direction. Read More
(Alliance News) - London stock prices got boost but the pound slipped back slightly, after the Bank of England raised interest rates for the third time since the end of 2021. Read More
(Alliance News) - Stock prices in London opened higher on Thursday after the US Federal Reserve raised interest rates for the first time since 2018, while Ocado sank after its online grocery joint venture with Marks & Spencer warned on inflationary pressures. Read More