Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

1-10 results from 1000 for query «growth»

January 16, 2019 4:45 AM Trump's White House DOUBLES cost of US government shutdown as 800,000 STILL without pay

US PRESIDENT Donald Trump’s administration has doubled the estimated cost to the US economy caused by a partial government shutdown over the Mexico border wall funding row. The US government has been partially “shut down” for the longest period in American history. The measure came into force shortly before Christmas because Trump could not secure funding 443

January 15, 2019 7:47 PM China GROWING COTTON on Moon in LANDMARK mission to cultivate LIFE in space

CHINA has started growing crops on the moon in a landmark mission, making it the first country to cultivate agriculture in space. The description reads: "After experimenting under the moon's high vacuum, large temperature difference, strong radiation and harsh conditions, mankind has grown the first plant sprout, realising man's first moon-based biological 335

January 15, 2019 8:05 AM Boohoo remains in fashion as sales surge

Sales at Boohoo grew strongly in the last four months of 2018, in another sign that people are choosing online shopping over the High Street. The online fashion retailer, which also owns the PrettyLittleThing and Nastygal fashion labels, saw revenues in the four-month period jump 44% to £328.2m. It revised its revenue growth forecast for the financial 117

January 15, 2019 7:46 AM Online fashion retailer Boohoo raises revenue target after strong Christmas

While rival ASOS issued a profit warning before Christmas, Boohoo saw sales jump in the UK and US market. The owner of Nasty Gal and Pretty Little Thing said revenue rose 44% to £328.2m in the four months to 31 December, up from £228.2m a year earlier. In the UK, revenues rose 33% to £180m and US sales jumped 78% to £70.4m. Boohoo now expects revenues 106

January 14, 2019 9:12 AM New Look to slash debt by £1bn to restore profitabilty

The South African-owned company warns that conditions in the UK retail market continue to be challenging.  The company, which is closing its remaining 120 stores in China as well as 60 stores in the UK to return to profitability, said it had agreed with key shareholders to slash its debt from £1.35bn to £350m. It will raise £150m in new money to finance 115

January 11, 2019 10:55 AM British economy hit by 'steep decline' in manufacturing

The biggest brake on growth comes from a drop in car production, amid factory shutdowns, weak demand and falling diesel sales. The nation's GDP grew by 0.3% in the three months to November, according to the Office for National Statistics (ONS). This is compared to growth of 0.4% recorded in the three months to October. The data reveals that on a rolling 107

January 11, 2019 3:35 AM China to be world LARGEST economy by 2030

THE US will lose its place as the world’s biggest economy by 2030, falling below China and India, according to a new report. The study was produced by UK banking firm Standard Chartered. Britain, France, Italy and Canada are all predicted to fall out of the world’s top 10 economies. They will be overtaken by Turkey, Brazil and Egypt which are forecast 109

January 6, 2019 10:32 AM Flowers can HEAR: Gardeners' habit of talking to their plants may be fruitful after all

GARDENERS such as Prince Charles who claim that talking to plants encourages them to grow have long been seen as a little potty. "Plants' ability to hear has implications way beyond pollination - plants could potentially hear and respond to herbivores, other animals, the elements, and possibly other plants," Prof Hadany added. The Prince of Wales is among 62

January 4, 2019 1:39 AM Fat cat Friday: Top bosses' 2019 pay already matches the average annual salary

Chief executives of leading UK companies are now paid 133 times more than the average worker. A report by the High Pay Centre think tank and the Chartered Institute of Personnel and Development (CIPD) says chief executives of FTSE 100 firms have average pay packets £3.9 million, around £1,000 per hour. Published on what it calls "Fat Cat Friday", the report 88

January 2, 2019 9:51 PM Apple cites China as it cuts forecast

Apple has warned investors about its growth in the most recent quarter, citing weaker sales in China. In an unexpected disclosure, the iPhone maker said it expected revenue of about $84bn (£67bn) in the three months to 29 December. That is down from its November forecast of at least $89bn - a prediction that had already disappointed investors. The firm's 56