Author: Lucas

What is the cheapest way to do your shopping? (Picture: Getty Images) With the cost of living crisis showing no signs of slowing down, getting the best value for money doing the weekly shop has never been more important. Costs rising across the board have seen many Brits look for ways to pinch pennies – whether that be on their monthly bills, or while shopping for essentials. In a busy modern world, many of us opt to have our groceries delivered right to our doors to save time browsing the shopping aisles – and save money on impulse purchases. However,…

Key PointsSonos beat on sales and earnings last night, and reported tremendous free cash flow in Q1.One point of concern: Sonos dramatically slashed its R&D budget.Sonos (NASDAQ: SONO) stock jumped 4.9% through 12:15 p.m. ET Wednesday after beating on top and bottom lines in its fiscal Q1 2026 earnings announcement last night.Heading into the report, analysts forecast Sonos to earn $0.68 per share (adjusted for one-time items) on sales of $536.9 million. Instead, Sonos reported an adjusted profit of $0.93 per share on sales of $546 million.Where to invest $1,000 right now? Our analyst team just revealed what they believe…

The UK manufacturing industry continued its contraction in October, with difficult and uncertain market conditions leading to output, new orders and employment all declining, according to the latest S&P Global / CIPS UK Manufacturing PMI®. October 2023 UK Manufacturing PMI key findings: Manufacturing PMI at 44.8 in October Output, new orders and employment decline Business optimism dips to 10-month low In October, the seasonally adjusted UK Manufacturing PMI rose slightly to 44.8, up on September’s reading of 44.3 but below the earlier flash estimate of 45.2. A reading below 50 suggests contraction in the sector and we have now been…

The turnover of Moscow’s manufacturing industries, excluding the oil and gas sector, amounted to 1.7 trillion rubles in the first quarter of 2025. This is 6.4% higher than in the same period of 2024, … Source link

Gold (GC=F) futures pared gains on Wednesday to hover near $4,900 per ounce, while silver (SI=F) rallied for a second day in a row as investors bought the dip following last week’s crash that rattled Wall Street.While some analysts caution that silver’s rebound remains volatile, they’re bullish that prices for bullion will move higher despite the dramatic pullback, which put a stop to precious metals’ rally.Read more: Thinking of buying gold? Here’s what investors should watch for.Goldman Sachs analysts reiterated a significant upside risk to their forecast for gold of $5,400 per troy ounce by the end of 2026.“Our forecast incorporates…

Markets regulator SEBI on Wednesday announced modifications to its framework for imposing penalties on trading members for a high order-to-trade ratio (OTR) in algorithmic trading.The regulator has eased compliance for certain categories of orders and market participants.The changes were finalised after taking into account representations from stock exchanges, deliberations with market stakeholders, and recommendations of SEBI’s Secondary Market Advisory Committee.Under the revised framework, SEBI has decided to exempt a wider range of equity options orders from the penalty framework.For equity option contracts, algorithmic orders placed within ±40 per cent of the last traded price (LTP) of the premium or ±Rs…

Tokenised Money, Real Use Cases, Clear Compliance Take Centre Stage LONDON, Feb. 4, 2026 /PRNewswire/ — Following the success of its inaugural Finance Summit in 2025, the London Blockchain series today announced the return of its flagship financial services event, the London Blockchain Finance Summit: Payments & Digital Currencies, taking place on 12 March 2026 at Clifford Chance, Canary Wharf.The 2025 summit marked a clear inflection point for the financial services sector. Senior leaders from banking, fintech, payments, regulation and enterprise agreed that blockchain in finance has moved beyond experimentation. Digital assets, stablecoins and tokenised money are no longer future…

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has described the Dangote Petroleum Refinery as a critical stabiliser of Nigeria’s energy system, amid ongoing struggles by government-owned refineries to operate optimally and meet domestic fuel demand. Naija News reports that Ojulari made the remarks on Wednesday during a fireside chat titled “Securing Nigeria’s Energy Future” at the Nigeria International Energy Summit 2026 held in Abuja. According to the NNPC boss, the existence of a functional local refinery has provided the national oil company with much-needed relief as it battles to ensure continuity of…

There may be short-term volatility, but Shopify will benefit from an important secular trend.It’s barely a full month into 2026, but there have already been significant price movements for some notable stocks on equity markets. Take Shopify (SHOP 6.36%), an e-commerce leader that crushed the market last year. Things aren’t starting so well this time around, with the company’s shares already down 16%. Despite this poor performance, there are good reasons to invest in Shopify for the long haul. Image source: Getty Images. The underlying business is strong Shopify’s performance in 2025 was no fluke. The company’s financial results were…

Every week, the Money team answers a reader’s financial problem or consumer dispute – you can email yours to moneyblog@sky.uk. Today’s is…EDF has added £250 to my bill for gas I used between January and March 2024 due to an error they made at the time. EDF has said it will review it, but will I have to pay it? Christina Money reporter Jess Sharp takes a look at this one…This case dropped into our inbox from a Sky News colleague, but it sounded so familiar that we decided to feature it.A quick scour of internet forums and social media…