Cruise and hotel bookings boost Tui profits for fourth year

Cruise and hotel bookings boost Tui profits for fourth year

13 December 2018 Image copyright TUI A rise in hotel and cruise bookings has helped European travel group Tui sail through another year with more than 10% growth in profits. It said next year, profits would grow a similar amount as customers also bought more excursions and holiday activities.Tui...

Apple to create $1bn Texas base

Apple to create $1bn Texas base

13 December 2018 Image copyright Getty Images Image caption President Trump had called on Apple chief Tim Cook to create more US jobs Apple has announced plans to build a new campus in Austin, Texas, saying the project will involve a $1bn (£790m) investment.The company already has an...

Bonmarché shares halve after sales slump

Bonmarché shares halve after sales slump

13 December 2018 comments Image copyright Getty Images Shares in fashion chain Bonmarché fell sharply after the group warned it could slip to a full-year loss of up to £4m.The budget retailer's shares lost 50% and were still 40% lower at midday. The decline follows "extremely poor"...

Import prices in US recorded their biggest increase in seven months

Import prices in US recorded their biggest increase in seven months

US import prices increased 0.6 percent month-over-month in August of 2017, recovering from a downwardly revised 0.1 percent drop in July and above market expectations of 0.4 percent. It was the first gain in import prices since April and the largest since January as cost increased the most for...

What does the election of Donald Trump mean for the U.S. stock market

What does the election of Donald Trump mean for the U.S. stock market

"Stocks will rally sharply under Trump's election win on hopes of not just corporate tax cuts, but also deregulation and government spending. He also promises a simplified tax system with tax cuts across the board. In my view bank equities will soar as Trump will implement deregulation of the...

Sainsbury's shares hit by Asda deal fears

Sainsbury's shares hit by Asda deal fears

12 December 2018 Related TopicsSainsbury’s-Asda merger Image copyright Getty Images Shares in Sainsbury's closed more than 5% lower after the retailer said it was seeking to delay an investigation into its proposed merger with Asda. The Competition and Markets Authority (CMA) has denied its...