Morrisons Boosts Its Revenue Outlook

Morrisons

Morrisons has also agreed to provide Amazon with wholesale products. Morrisons boosted its current forecast for profits on Thursday following new plans to expand its business that included the agreement to provide food to online retailer, Amazon. Morrisons is the smallest among the four major supermarket...

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Wetherspoons

JD Wetherspoon Faces Challenges As First-Half Profits Declining

Wetherspoons saw profitability drop due to higher rates of pay for employees. JD Wetherspoon, one of the biggest pub chains operating in the UK and Ireland,...

Falcon Private Bank Sign

Falcon Private Bank Considers Barclay’s Africa In Expansion Plans

The Switzerland based bank is controlled by the International Petroleum Investment Company, an Abu Dhabi Falcon Private Bank, a Swiss boutique wealth management...

Old Mutual

Old Mutual Confirm Separation Of Businesses, Chief Executive Says Brexit Will Not Affect Performance

Old Mutual is planning to split its four units in a bid to improve growth. Old Mutual is to be run as a separate business alongside OM Asset Management...

Zara

Zara Owner Reports Strong Start To The Year, Share Price Increases

Zara’s owner increased it’s dividend by 15% following the results. Inditex, the Spanish multinational clothing retailer and best known as the...

Npower

Npower To Cut 2,400 Jobs Amid Poor Financial Results

Unison has complained that Npower also has one of the “worst customer service records in the business”. Npower, one of the UK’s “big...

Mike Corbat

Citigroup CEO Mike Corbat Receives 27% Pay Rise

CitiGroup CEO, Mike Corbat The CEO for Citigroup Inc. has received a salary increment of 27% bringing his salary to $16.5 million for 2015 after the bank...

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