“The sharp turnaround has sent the Relative Strength Index from overbought conditions to the verge of oversold ones. On the other hand, momentum turned to the downside and the pair dropped below the 50 and 100 SMAs.” “Uptrend support is around 1.1780 at the time […]
LONDON (Reuters) – The United Kingdom announced a new post-Brexit tariff regime on Tuesday to replace the European Union’s external tariff, maintaining a 10% tariff on cars but cutting levies on tens of billions of dollars of supply chain imports. After decades outsourcing its […]
Fresh berry producers jointly announcing a new packaging goal for all berry clamshells throughout North America In a big step to help reduce the fresh produce industry’s environmental impact, major North American fresh berry producers have announced their commitment to use 100 per cent recycle-ready […]
Lidl’s UK business reported an 11 per cent increase in sales over the Christmas period, which the discount retailer said made it the fastest growing bricks and mortar supermarket over the festive season. The group said the rise was largely driven by rising alcohol […]
Wm Morrison said group sales were down 1.7 per cent on a same-store basis in the 22 weeks to 5 January amid “unusually challenging” conditions, but held its profit forecasts for the current year unchanged.Total sales in the 22-week period were down 1.8 per […]
Morrisons and Amazon say they will expand their same-day delivery service for groceries to Glasgow, Newcastle, Liverpool, Sheffield and Portsmouth. Morrisons agreed to supply Amazon with groceries in 2016 and the service now includes delivery within the hour for some customers. So far customers […]
Wholesale business shines, offsetting more tepid growth in supermarket unit Wm Morrison has declared another special dividend — its third in a year — as growth in its wholesale operation continued to offset a moderating performance in the supermarkets. The UK’s fourth-largest grocer said […]
EU says it can do nothing more to help Theresa May after her Brexit deal suffers another huge defeat- “Should there be a UK reasoned request for an extension, the EU27 will consider it and decide by unanimity. The EU27 will expect a credible justification […]
Theresa May will brief key ministers on negotiations with the EU as the government comes under increasing pressure over Brexit. Ahead of next week’s crunch Brussels summit, the Democratic Unionist Party has threatened to withdraw its support for the government if it is not happy […]