HSBC trashes claims dividend row will see it move its headquarters from London to Hong Kong By Lucy White For The Daily Mail Published: 22:05 BST, 2 April 2020 | Updated: 22:05 BST, 2 April 2020 A boardroom rift has opened up at HSBC after the Bank of England forced it to cancel its dividend. … Read more
PZ Cussons strips boss of retirement cash after ruling his conduct had not been up to scratch By Daily Mail City & Finance Reporter Published: 22:06 BST, 2 April 2020 | Updated: 22:06 BST, 2 April 2020 Payments: PZ Cussons boss Alex Kanellis PZ Cussons has stripped its boss of retirement cash after they found … Read more
People before profit: Murrells has pledged free Co-op wares to food banks As the boss of the Co-op, Steve Murrells finds himself right at the centre of the response to coronavirus. He is in charge of 60,000 staff and around 2,500 stores that are vital for keeping the nation’s fridges and cupboards stocked, but his … Read more
For the second week in a row, markets were braced for a leap in US unemployment figures. And for the second week in a row, jaw-dropping numbers outstripped even the most dire predictions. A record 6.65m Americans filed for help from the US Government last week, up from the previous record of 3.3m the week … Read more
Pets at Home enjoys ‘exceptional’ demand as dedicated owners stock up on food and medicine – but dog grooming and pet sales are on hold The retailer has been deemed ‘essential’ and its stores and website are open Pets at Home has seen demand surge amid the pandemic crisis in last few weeks Annual profit … Read more
M&S pays staff who continue to work a 15% bonus following union walk-out at distribution centre By Daily Mail City & Finance Reporter Published: 21:50 BST, 1 April 2020 | Updated: 23:08 BST, 1 April 2020 Marks & Spencer has handed its staff who continue to work a 15 per cent bonus days after unions … Read more
Oil slump forces BP to slash spending but it insists no employees will be laid off during the next three months By Daily Mail City & Finance Reporter Published: 21:51 BST, 1 April 2020 | Updated: 23:09 BST, 1 April 2020 BP said it is acting quickly after oil prices plummeted in the face of the … Read more
Apple buys Dark Sky weather app and plans to shut down the version on rival Android By Daily Mail City & Finance Reporter Published: 21:50 BST, 1 April 2020 | Updated: 23:09 BST, 1 April 2020 Weather app Dark Sky, known for its precise location weather forecasts,has been bought by Apple Apple has bought weather app … Read more
After suffering the worst quarter since 1987, investors were praying for even a modest rally. But the FTSE 100 fell into the red yesterday amid a wider global selloff as the scale of the economic damage inflicted by the coronavirus pandemic became clearer. Output from factories shrank at the fastest pace since 2012 in March, … Read more
Medical group Smith & Nephew teams up with University of Oxford and King’s College London to build ventilators By Daily Mail City & Finance Reporter Published: 21:50 BST, 1 April 2020 | Updated: 23:13 BST, 1 April 2020 Smith & Nephew has become the latest company to join the effort to build ventilators for the … Read more