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Social media company’s shares plunge after it says conditions have ‘deteriorated further and faster than anticipated’
French luxury house says demand remains resilient in markets such as the US
Hungry leisure travellers and return of commuters boost sales at Greencore and Upper Crust owner SSP
Forecast is the most in-depth it has given since expanding retail presence of its Chase brand outside the US
In the last quarter, R&D expenses were $455.5mn — 43% of revenue
Bank expects net interest income, excluding its markets business, to surpass $56bn this year, up from previous outlook of $53bn
Earnings from lending business targeted at $56bn this year in benefit from Fed tightening
Shares fall 12 per cent despite ‘positive fundamentals’ of sector
Swiss luxury group hit by delayed plan to sell stake in ecommerce business and slowing revenue growth in China
April boost for supermarket alcohol sales suggests more people are staying in rather than going out
Shares in south-east Asian ride-hailing and food delivery app leap 24% after falling since Spac listing
Investors assess risks to economic and corporate earnings outlook after ‘vicious’ pullback
Shares slide as UK postal service points to hit from declining parcel volumes and soaring costs
Low-cost airline says bookings ‘not affected’ by operational issues but winter season remains uncertain
Grim outlook will heighten investors’ concern over damage higher inflation is inflicting on corporate profits
MCG narrows net loss in first quarter as members accept price rises
Results come a day after China promises ‘support’ for technology groups amid economic woes
Group says it is winning market share as hard-pressed UK households change their eating habits
UK luxury label reports ‘significant disruption’ from Covid restrictions but expects strong rebound
Mitchells & Butlers and Marston’s warn rising prices are a ‘major challenge’ for industry
Stock of world’s largest retailer falls more than 11% as inflation hits profits
UK-listed telecoms group under pressure from shareholders to overhaul its businesses
UK bakery chain cites shift in working patterns caused by pandemic
Michael O’Leary calls for management changes to fix delivery problems at aerospace group
First-quarter profits up more than 40% from previous year even as headwinds intensify
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