CashNews.co Investing.com — Shares of Syensqo SA slipped on Thursday following a downgrade by Morgan Stanley. The brokerage has revised its rating for Syensqo to “underweight” from “overweight,” citing several emerging concerns. At 6:03 am (1003 GMT), Syensqo was trading 2.1% lower at €71.95. The Belgian multinational materials company had reported net pricing gains of […]
CashNews.co Credit: Shutterstock.com Research released in connection with September’s new car registrations reveals that nearly three-quarters (73%) of UK drivers surveyed are rethinking their car purchase strategies due to the cost of living and rising vehicle prices. More than two in five (42%) expressed concerns about making monthly payments on their car finance agreements. Of […]
CashNews.co The Ford (F) Puma was Augusts best-seller with 2,471 registrations, and is the also the best-selling car in the UK so far this year, with 32,263 units sold since January. The Kia Sportage was the second best-selling car last month with 1,962 cars hitting the roads. The Ford Puma has proven popular with UK […]
CashNews.co The GBP/USD exchange rate achieved a peak of $1.32 on 27 August, marking a two and a half year peak, with projections indicating sustained momentum through the year’s end. The United Kingdom’s economic expansion, coupled with the installation of a new Labour government in early July, has significantly bolstered investor confidence, as noted by […]
CashNews.co BP (BP.L) and Legal & General (LGEN.L) were the favourite stocks among Fidelity investors in August as they sought to move away from technology funds. The past two months have been particularly challenging for AI-related stocks, with concerns over the sustainability of their growth story leading to a rotation out of the highly valued […]
CashNews.co Associated British Foods (ABF.L) Primark owner Associated British Foods (ABF) released a trading update on Thursday that provided a mixed bag for investors, driving shares 4% lower. George Weston, CEO of ABF, said the business had delivered a “significant improvement profitability” in the second half of its fiscal year, due to end on 14 […]
CashNews.co Verizon To Acquire Frontier In $20B Deal, Reaffirms FY24 Outlook Frontier Communications Parent, Inc. (NASDAQ:FYBR) shares are trading lower after the company inked an acquisition deal with Verizon Communications Inc. (NYSE:VZ). As per the terms, Verizon will acquire Frontier in an all-cash deal valued at $20 billion. In particular, Verizon will acquire Frontier for […]
CashNews.co Fears that capital gains tax may be increased in the autumn budget could be driving more landlords to sell up, data from property portal Rightmove (RMV.L) suggests, as the proportion of former rental homes going up for sale has reached a record high. The data showed that nearly a fifth (18%) of homes were […]
CashNews.co Manchester Airport’s Terminal 3 finished bottom of the annual airport survey by consumer group Which? for the third consecutive year, as neighbouring Liverpool John Lennon Airport was crowned best airport in the UK. With a customer score of just 37%, Manchester’s Terminal 3 received just one star for seating, staff, queues at security, range […]
CashNews.co Aldi has yet again been named the cheapest supermarket in the UK, with an average household basket full of groceries and other essentials coming in at £110.58 in August. Lidl came a close second, with the same basket costing shoppers £112.17 for those with a Lidl plus card and £118.18 without, according to consumer […]