QuickPost News | London
LONDON—Marks & Spencer (M&S) has staged a stunning comeback, posting its first profit increase in four years as the British retail giant reported a pre-tax profit of £725 million for the fiscal year ending March 1,...
QuickPost News | London
LONDON—Tesco’s CEO Ken Murphy declared the “space race” officially dead on Tuesday, unveiling a radical pivot as Britain’s retail titan reported a 22% profit crash—the steepest in over a decade. Pre-tax profits for the fiscal year...
LONDON—European stock markets took a nosedive on Tuesday, closing sharply lower as oil prices hit a six-month low, sparking widespread sell-offs and fueling fears of an economic slowdown. The STOXX 600 index plunged 2.14% to 551.07—its worst day since...
QuickPost News | Athens
ATHENS—Greek businesses are buckling under the strain of a second wave of bank closures this week, as a cash-strapped government shutters 30 branches of Piraeus Bank and Alpha Bank amid a €2 billion bailout shortfall. The move,...
QuickPost News | London
LONDON—Brexit’s specter looms large again in 2025 as economists and financial analysts warn that exiting the EU—or revisiting its terms—would unleash an “economic and financial shock” on the UK, a prophecy first sounded nearly a decade...
QuickPost News | Brussels
BRUSSELS—Eurozone inflation slipped below zero in February 2025, with consumer prices falling 0.1% year-on-year, Eurostat reported Tuesday, marking the region’s first deflationary dip since mid-2021. Driven by a 7.8% plunge in energy costs and stagnant demand, the...
