Greggs shares drop on sales slowdown
UK bakery chain blames ‘subdued high street footfall’ for weaker earnings
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Topics
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British retail sales unexpectedly drop in December
Pound falls and gilts rally as investors bet on more interest rate cutsFinancial Times - 3d -
Snap shares drop as FTC refers MyAI chatbot complaint to the DOJ
Snap shares closed down 5% on Thursday after the Federal Trade Commission said it would refer a complaint against the company to the Department of Justice.CNBC - 3d -
Shares of California utility Edison International drop 10% as wildfires rage
The decline comes as multiple large fires are burning around Los Angeles, with strong winds making them difficult to contain.CNBC - Jan. 8 -
Tesla's Annual Sales Dropped for the First Time—but the EV Industry Keeps Growing
Electric vehicle sales are growing globally overall, despite Tesla's recent slump.Wired - Jan. 4 -
Apple offers rare iPhone discounts in China as foreign smartphone sales drop
Apple Inc. has kicked off the new year with iPhone discounts in China, underlining the challenges facing the tech giant in one of the world’s most populous countries.MarketWatch - Jan. 3 -
Tesla shares slide after it reports first drop in annual deliveries
Tesla's fourth-quarter deliveries report follows a huge late-year rally in the stock that lifted its gain for 2024 to 63%.CNBC - Jan. 3 -
Boeing Shares Drop After South Korea Plane Crash
A widely used Boeing aircraft, the 737-800, was involved in Sunday’s crash-landing of a Jeju Air flight that killed 179 people.The New York Times - Jan. 3 -
Tesla's annual sales drop for the first time in a decade
Tesla's increase in global sales in the fourth quarter was not enough to overcome a sluggish first half of the year.CBS News - Jan. 2
More from Financial Times
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Joe Biden pardons Anthony Fauci, Liz Cheney and Mark Milley
Trio were facing potential legal action from the new administrationFinancial Times - 21m -
Trump plans blitz of executive orders for first days in White House
President-elect tells a rally of supporters in Washington he will act with ‘historic speed and strength’Financial Times - 5h -
Musk complains about China ban on X as Trump prepares TikTok reprieve
Tesla chief criticises ‘unbalanced’ tech relationship in rare criticism of BeijingFinancial Times - 3h -
Britain’s situation remains fragile
The government must retain the confidence of its creditorsFinancial Times - 7h -
UK’s labour market tsar calls for crackdown on bogus self-employment
‘More urgency’ needed on workers’ rights and resourcing of new fair work agency, says Margaret BeelsFinancial Times - 7h
More in Business
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Trump is a ‘wild card’ for the stock market, this trader says. He’s buckling up.
Volatility is the “new norm,” market pro Jeff Bierman predicts.MarketWatch - 11m -
Joe Biden pardons Anthony Fauci, Liz Cheney and Mark Milley
Trio were facing potential legal action from the new administrationFinancial Times - 21m -
Trump, the Deal Maker in Chief, Is Back
The business world is expecting big changes — and potential disruptions — as Donald Trump returns to the White House.The New York Times - 31m -
As WEF gets underway, the list of world leaders not attending Davos speaks volumes
It's that time of year when the great and good gather for the annual World Economic Forum in Davos, Switzerland. But who's skipping the event is more telling.CNBC - 47m -
Melania Trump launches cryptocurrency ahead of Donald Trump's inauguration
It comes days after President-elect Donald Trump launched his own meme coin, "Official Trump."CNBC - 48m