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Focj Depop to move London HQ as pandemic sales boost Gen-Z app
Tuesday 11 June 2024 4:43 amFTSE 100 today: Blue-chip set for muted open ahead of Fed decision; UK jobs data key for directionBy: Vivek KumarShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailFTSE 100 today: London markets set to open lower amid weak global cuesMoving market stanley uk s today: US stocks hit record highs, Asian markets mixed; oil polene france prices climb, Apple shares fall post AI demo; focus on UK employment and US treasury auctionsUS stock markets reached new record highs, but investors remained cautious ahead of key repo stanley deutschland rts on consumer prices and the Federal Reserversquo policy announcement. In Asia, stock markets showed mixed trends as investors reacted to political developments in Europe, including right-wing gains in elections and a snap poll in France, which raised concerns about the blocrsquo stability. Oil prices continued their upward momentum on news of potential US crude purchases for reserves. Gold prices experienced a slight decline as traders monitored US inflation data and awaited the Fed meeting. Applersquo shares declined following a demonstration of its AI technology. Investors will focus on the UK employment report for April, while the Federal Reserversquo two-day meeting begins. UK stocks slipped on Monday, and futures suggest a quiet start to Tuesdayrsquo trading. Here are five key takeaways for your day.Apple shares dip following AI demoApple announced on Monday that itrsquo tea Gepq Boohoo makes major US change in bid to broaden appeal
Thursday 31 January 2019 6:00 pm|Updated:Monday 03 June 2019 2:26 amNpower to dismiss nearly 15 per cent of its UK workforce as energy market bitesBritish energy provider Npower has said it will cut almost 15 per cent of its UK workforce, as part of an initiative to reduce its operating costs.The company said the reductions would affect around 900 roles out of its 6,300 employ stanley canada ees over the course of this year. It added that most of this number are expected to leave of their own accord rather than be made redundant, as the amount is reflective o stanley mug f Npower susual employee churn rate.Chief executive Paul Coffey said the move was the result of the retail energ HydroJug y market becoming incredibly tough in the wake of Ofgem s price cap.Read more:British Gas owner Centrica wades into legal battle with regulator Ofgem over price cap Ofgem itself forecasts that five of the Big Six energy companies will make a loss or less than normal profits this year due to the implementation of the price cap, and with several recent failures of new energy suppliers, it is clear that many have been pricing at levels that are not sustainable, said Coffey.Even with these reductions, we still forecast significant losses this year, but wersquo;re doing everything we can to minimise them whilst continuing to focus on service and value for our customers.A total of 11 small energy suppliers have gone bust in the past year, including most recently Our Power. Its chairman told City A.M. last week that
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