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Ocado


Nouvelles

UK retail sales plunge, underlining risk of recession

* UK retail sales drop 1.6% m/m in August vs 0.5% forecast * ONS says all retail sectors affected by decline * Data underline recession risk in UK * Primark, ASOS and Ocado have all warned on profit this month By Andy Bruce LONDON, Sept 16 (Reuters) - British retail sales fell much more than expected in August, in another sign that the economy is sliding into recession as the cost of living crunch squeezes households' disposable spending.
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UK stocks close lower, hit by Wall St selloff on inflation data

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Monthly U.S consumer prices unexpectedly rose in August * UK jobless rate hits 48-year low as people quit labour market * Ocado Retail cuts outlook as Britons tighten belts * FTSE 100 down 1.2% and FTSE 250 drops 1.8% (Updates with closer) By Bansari Mayur Kamdar, Johann M Cherian and Aniruddha Ghosh Sept 13 (Reuters) - UK's main equity indexes fell on Tuesday, echoing weak sentiment on Wall
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Banks drag UK's FTSE 100 lower; all eyes on U.S. inflation data

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * FTSE 100 and FTSE 250 off 0.1% Sept 13 (Reuters) - UK's FTSE 100 ticked lower in choppy trading on Tuesday as bank stocks fell, while data showed a drop in jobless rate and rising wages that could pile more pressure on the Bank of England looking to rein in surging inflation.
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UK Stocks-Factors to watch on July 21

July 21 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening flat on Thursday, with futures FFIc1 up 0.10%. * SSE PLC: British power company SSE Plc SSE.L said its first-quarter performance slightly exceeded its expectations and reiterated its forecast for the full year. * ANGLO AMERICAN: Global miner Anglo American AAL.L reported a 9% fall in second-quarter output.
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UK Stocks-Factors to watch on July 21

July 21(Reuters) - Britain's FTSE 100 index .FTSE is seen opening flat on Thursday, with futures FFIc1 up 0.05%. * JD SPORTS: JD Sports Fashion Plc JD.L , Britain's largest sportswear retailer, was in exclusive talks to sell Footasylum to German asset management firm Aurelius Group, a Sky News reporter said in a tweet on Wednesday. * HEATHROW: A strike by refuellers at Britain's busiest airport Heathrow, which was set to begin on Thursday, has been suspended after the employees received a revise
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Financial Times - July 20

July 20 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - Ocado Retail chief Melanie Smith to quit Link - Royal Mail postal workers vote to strike Link - Banks and insurers boost UK staff pay to combat cost of living Link - Ministers wasted 190 mln stg 'repeatedly' altering rail upgrade plans Link Overview - Ocado Group OCDO.L , the online supermarket and technology firm, said Melanie Sm
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Deals of the day-Mergers and acquisitions

June 30 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: ** Shell SHEL.L said on Thursday it had suspended plans to sell its onshore oil assets in Nigeria, complying with a Supreme Court ruling that said it had to wait for the outcome of an appeal over a 2019 oil spill. ** Novartis NOVN.S prefers a spinoff of its generic drug unit over a potential sale to private equity firms, Bloomberg News reported on Thursday, citing people familiar wi
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UK Stocks-Factors to watch on June 30

June 30 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening lower on Thursday, with futures FFIc1 down 1.64%. * IAG: International Airlines Group ICAG.L said it had converted options for 14 A320neo family Airbus jets, announced in 2013, into firm orders for 11 A320neos and three A321neos. * ASTRAZENECA: AstraZeneca AZN.L said its cancer drug Imfinzi, when given along with neoadjuvant chemotherapy in a late-stage trial, showed promise in helping patients with an aggressive form of lung can
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FTSE 100 retreats from two-week high on slowdown worries

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Lookers rise on upbeat profit outlook * Anglo American, Diageo fall on Deutsche Bank downgrades * Cyclicals lead losses * FTSE 100 down 0.2%, FTSE 250 off 1.6% (Updates to close) By Amal S and Boleslaw Lasocki June 29 (Reuters) - Britain's top share index inched lower on Wednesday, as gains in healthcare shares were seen providing little support against growing concerns about a global recessi
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UK Stocks-Factors to watch on June 22

June 22 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening lower on Wednesday, with futures FFIc1 down 1.2%. * BERKELEY: British homebuilder Berkeley Group Holdings Plc BKGH.L forecast a 9% rise in annual profit for the 2023 fiscal on Wednesday, helped by persistent demand in an undersupplied UK housing market despite signs of a slowdown in the sector.
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British Business - June 22

June 22 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Ocado OCDO.L bosses on Wednesday pledged that its 578 million pound ($709.09 million) fundraising will be the last time it taps investors before turning cashflow positive in the next four to six years.
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UK Stocks-Factors to watch on June 21

June 21 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Tuesday, with futures FFIc1 up 0.2%. * WOOD PLC: British energy services provider Wood Plc WG.L said on Tuesday it had appointed Ken Gilmartin as its chief executive officer, effective July 1. * STRIKE: Britain's biggest rail strike in 30 years kicked off on Tuesday as tens of thousands of staff walked out in a dispute over pay and jobs that could pave the way for widespread industrial action across the economy in the c
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UK Stocks-Factors to watch on June 21

June 21 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Tuesday, with futures FFIc1 up 0.4%. * OCADO: British online supermarket and technology group Ocado OCDO.L will boost its liquidity by over $1 billion to fund its growth, it said on Monday. * CAPRICORN ENERGY: Kite Lake, a hedge fund investor in Capricorn Energy CNE.L shares, criticised the gas and oil producer's planned merger with Tullow Oil TLW.L on Monday, saying the $827 million deal was value destructive to shareh
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British Business - June 21

June 21 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - British retailer Marks & Spencer MKS.L on Monday named Alex Freudmann as its new food boss, succeeding Stuart Machin, who was promoted to group chief executive last month.
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Retailers lift European stocks but growth worries persist

* Retailers advance as UK unveils new stimulus * United Utilities slumps after higher cost warning * BT drops on govt review of Drahi's stake (Updates to market close) By Susan Mathew May 26 (Reuters) - European markets rose on Thursday with the retail sector leading the charge as Britain revealed new stimulus plans, while the U.S. Federal Reserve sticking to its monetary policy tightening script also bolstered risk appetite.
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UK stocks end higher; Pets at Home tops midcaps

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * Glencore up on agreeing to $1.5 bln probe settlement * Pets at Home jumps on upbeat annual earnings * FTSE 100 up 0.5%, FTSE 250 adds 0.4% (Updates to close) By Sruthi Shankar May 25 (Reuters) - UK stocks rose on Wednesday as investors' mood steadied after a bruising previous session, while pet supplies retailer Pets at Home topped midcap stocks after posting upbeat corporate earnings.
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UK Stocks-Factors to watch on May 5

May 5 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Thursday, with futures FFIc1 up 1.15%. * SHELL: Shell SHEL.L reported a profit of $9.13 billion in the first quarter, its highest ever, boosted by higher oil and gas prices and a strong performance of its trading division. * NEXT: Next NXT.L maintained its guidance for the full year after reporting a 21.3% rise in first quarter full price sales that was driven by a very weak comparative in 2021 when its stores were closed
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UK Stocks-Factors to watch on May 5

May 5 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Thursday, with futures FFIc1 up 1.15%. * OCADO: Some 29% of votes cast at Ocado's OCDO.L annual shareholder meeting opposed online supermarket and technology group's plan to extend management incentive scheme beyond its original five-year term. * MONDI: Paper and packaging firm MNDI.L said it would sell its Russian assets, the latest company to exit the country following Moscow's invasion of Ukraine.
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Financial Times - May 5

May 5 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines UK ports want recompense for 'white elephant' post-Brexit borders Link Standard Chartered shareholders lodge protest vote against executive pay Link British accountants and PR firms told to cut Russia ties Link Ocado bonus scheme approved despite investor rebellion Link Overview UK ports are now demanding compensation from the governm
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UK Stocks-Factors to watch on March 21

March 21 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening flat on Monday, with futures FFIc1 up 0.1%. * ASTRAZENECA: AstraZeneca AZN.L said on Monday its antibody-based cocktail to prevent and treat COVID-19 was shown to retain neutralising activity against the Omicron coronavirus variants, including BA.2 subvariant, in independent lab studies.
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