Cannabis producer Tilray is eyeing a third consecutive day of gains — and how — with shares up more than 40 per cent in pre-market trading on Wednesday morning in the wake of US regulators’ approval of its plans to import one of its marijuana products for medical research.
The UK pound fell to its low of the day on Wednesday, erasing the gains it had made earlier, following a report the prime minister plans to reject a revised offer from the EU on the Irish border issue.
Brussels has decided that arrangement between McDonald’s and Luxembourg, which allowed the fast food group to pay almost no tax on its European royalties in both the EU and US, did not break the bloc’s laws.
Royal Mail’s chairman has resigned after concluding the role was not compatible with his other commitments, a decision that follows criticism of taking on too many jobs and a chastening shareholder revolt over executive pay at the company.
When Ken MacKenzie was named chairman of BHP Billiton last year, one of the first things he did was hit the road and meet with more than 100 shareholders of the world’s biggest mining company on a “listening tour”.
UK authorities are renewing their efforts to get markets off the tarnished Libor interest rate benchmark, asking chief executives of major banks and insurers supervised in the UK to detail their preparations to move to alternative rates.
Former Brexit secretary David Davis said on Wednesday he expected negotiations between the UK and the EU to “re-set” as the deadline for agreeing a deal draws closer, and that there would be “other deals on the table” by November.
Passenger car registration across Europe rose by 10.5 per cent in July, compared to the same month last year, and grew “significantly” in August compared to the same month in 2018: by a cool 31.2 per cent across the continent.
How hard can it be to sell barbecues to sunburned Rosbifs and gazebos to le plus sensible French? Very hard, according to B&Q and Castorama owner Kingfisher — although not quite as hard as hopeless rival Homebase found it.