A warning from Burberry that sales expectations are at risk from a slump in demand for luxury has sent its shares sharply lower. The company’s stock dived by almost 10% in early trading in London after it admitted that its annual revenue forecast for low double-digit growth was in peril, with profitability suffering too in
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Hotel Chocolat has agreed to a £534m takeover offer from Mars, the maker of goods from Snickers bars to Pedigree dog food. The UK specialist chocolatier retailer said the offer represented a 170% premium to its London share price of 139p and the deal would allow its brand to expand internationally This breaking news story
Associated Press Nov 15, 2023, 07:17 PM ET Open Extended Reactions NEW YORK — Former Boston Celtics forward Glen “Big Baby” Davis and ex-Detroit Piston Will Bynum were convicted by a New York jury on Wednesday in a scheme that prosecutors said defrauded an insurance plan for NBA players and their families of more than
Associated Press Nov 15, 2023, 11:46 PM ET Open Extended Reactions PHOENIX — Devin Booker scored 31 points in his return from a calf injury, Kevin Durant also scored 31 and the Phoenix Suns cruised past the Minnesota Timberwolves 133-115 on Wednesday night. The Timberwolves had their seven-game winning streak snapped. Booker returned after missing
Associated Press Nov 15, 2023, 08:42 PM ET Open Extended Reactions PHILADELPHIA — Philadelphia police said Wednesday they have yet to find any videotape evidence of an alleged hit-and-run accident involving 76ers guard Kelly Oubre, and coach Nick Nurse is standing by his player. In an email to The Associated Press, Officer Miguel Torres said
Nearly 18-months after the initial announcement of a new “N” performance line of EVs beginning with the IONIQ 5, Hyundai has brought its souped up model stateside to kickoff 2023’s AutoMobility LA event in California. Here’s the latest. Hyundai Motor Group’s N and N Line performance sub-brands were a mere seven years old when the Korean automaker
Direct lines of communication between American and Chinese military forces are to be reopened for the first time in more than a year, Joe Biden has announced. Speaking after a meeting with China’s premier Xi Jinping in California, the US president said the restoration of military-to-military communications would help to prevent accidents which could spiral
In a battle of the beasts, the Ford Raptor R went head to head against the all-electric GMC Hummer EV to see who was fastest. Who do you think came out on top? You rarely see two massive vehicles like the Ford Raptor R and GMC Hummer EV lining up to race. According to Ford,
Adam Rittenberg, ESPN Senior WriterNov 15, 2023, 10:08 AM ET Close College football reporter. Joined ESPN.com in 2008. Graduate of Northwestern University. Open Extended Reactions Illinois quarterback Luke Altmyer will return and start Saturday at No. 16 Iowa, coach Bret Bielema said Wednesday. Bielema told SiriusXM Big Ten radio that Altmyer, who suffered a head
Andrea Adelson, ESPN Senior WriterNov 14, 2023, 09:04 PM ET Close ACC reporter. Joined ESPN.com in 2010. Graduate of the University of Florida. Open Extended Reactions Georgia overtook Ohio State for the No. 1 spot in the newest College Football Playoff rankings released Tuesday night, after back-to-back wins over Top 25 opponents. The Bulldogs are
An inquest has concluded Derbyshire Police made several errors in its “limited investigation” into a stalking allegation in the months before a woman’s death. However, jurors were prevented from deciding whether the failings contributed to Gracie Spinks’ death. Following the inquest, Ms Spinks’ family said Derbyshire Police had let her and them down, while the
Millions of women in England will soon be able to access free contraceptive pills by going to their local chemist without having to see a GP. The new NHS plans start next month, and they will give women greater choice over where to get the pill and will free up appointments in under pressure
China’s leader Xi Jinping has told US President Joe Biden that “planet Earth is big enough” for both their countries “to succeed”. The two leaders have met face-to-face for the first time in a year, amid strained tensions including over Taiwan, a Chinese ‘spy’ balloon, and hacking. Mr Biden had billed the meeting as a
Tesla has started to release a new software update that introduces a simpler way to activate Autopilot and/or Full Self-Driving Beta and also enables separate backseat audio via Bluetooth headphones. The new 2023.38.8 software update is a small one, but it does include two significant changes for Autopilot and FSD Beta users, and owners of
Michigan will become the 12th state to pass landmark legislation that sets a 100% clean electricity deadline for utilities. The legislation passed by the Michigan House and Senate, which will imminently be signed by Governor Gretchen Whitmer (D-MI), is known as the Clean Energy Future Plan. It will require Michigan utilities to source 15% of
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella speaking with CNBC on Nov. 15th, 2023. CNBC Microsoft is not focused on China as a domestic market, though the company has notable Chinese customers with operations outside the world’s second most-populous country, CEO Satya Nadella said on Wednesday. “We are
A new video revealing the interior of the Tesla Cybertruck is making the rounds online and Tesla apparently doesn’t want people to see it ahead of the launch later this month. We are just a few weeks away from the Cybertruck delivery event, which is also when we should get all the details of the
Electric bicycles have seen growing adoption rates among law enforcement agencies, where they have proven to be both nimble enforcement vehicles and an effective way to help cities meet their climate goals. But now we’re seeing that electric bike use taken to a new level. At the same time as more police departments adopt electric
Cheap, small, and made in Europe – Renault has hit the sweet spot with the latest announcement of its new electric city car, set to replace the popular yet quirky little Twingo e-Tech. Today the French automaker’s subsidiary Ampere released a few more details about its third upcoming affordable electric car, the Legend, which will
Is Volkswagen launching an affordable EV? At a conference Wednesday, the automaker’s CEO, Oliver Blume, said an electric car priced around $22,000 (20,000 euros) is possible by the latter part of the decade. Blume explained that reducing battery costs will be the main driver in lower EV prices during a Berlin conference, as Reuters reported.