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This follows the company, which was founded in 1995, revealing in December that it enjoyed its busiest-ever sales day on Cyber Monday, despatching more than 14,000 orders that day. In a trading update for the three months to December 31, the company said: “Very strong revenue growth continued through the peak seasonal trading period.” UK revenues increased 27 per cent, to £37.8million, from £29.7million in the same period last year. Europe and Rest of the World revenues increased 39 per cent, from £19.3 million to £26.8million. The total increase was 32 per cent from £49.0million to £64.6million. RECOMMENDED READING: Gross…
WASHINGTON – Venezuelan oil seized by the United States is already being processed at American refineries, according to President Donald Trump.In a Jan. 23 interview with the New York Post, the president said the oil was “coming into the refineries in Houston, in various places.””Let’s put it this way,” he said. “They don’t have any oil. We take the oil.”1 / 0Oil and gas executives talk Venezuela at the White HousePresident Donald Trump hosted a meeting of oil and gas industry executives at the White House on Jan. 9, 2026 to discuss Venezuelan oil, following the U.S. capture of the…
India’s central bank has proposed linking BRICS countries’ digital currencies to ease cross-border payments in trade and tourism, potentially reducing reliance on the US dollar, according to Reuters. The RBI wants this on the agenda for the 2026 BRICS summit, which India will host.But why is India pushing for this now? The answer lies in a bigger shift happening in global finance.India’s central bank has a problem. Around the world, companies are discovering they can move money across borders using stablecoins at a fraction of the cost and time of traditional banking. Stablecoins are digital tokens pegged to the dollar…
Fuel oil worth nearly Tk 14 crore has allegedly disappeared during the unloading of two crude oil consignments destined for Eastern Refinery Limited (ERL), triggering serious concerns over possible irregularities in Bangladesh’s state-run fuel supply chain. The consignments were transported to Bangladesh aboard two foreign vessels – Nordic Freedom and Nordic Skier – from the United Arab Emirates in March and October 2025. According to Bangladesh Shipping Corporation (BSC), an “abnormal short landing” was detected when the crude oil was transferred from the ship to shore tanks, far exceeding internationally accepted loss limits. BSC records show that the two vessels…
UK residential property transactions rose in November, with seasonally adjusted figures reaching their highest level since March, despite signs of slowing activity as the year end approached, figures from HMRC showed. The provisional seasonally adjusted estimate for UK residential transactions in November 2025 was 100,350, up 8% from a year earlier and 1% higher than October. By contrast, the non-seasonally adjusted figure stood at 103,330, down 3% year on year and 12% lower than in October. According to official data, the increase in seasonally adjusted activity reflected a rise from 99,060 transactions in October to 100,350 in November. This marked…
South Africa’s Valterra Platinum said on Friday it expects its annual profit to rise by as much as 106%, on the back of a record rally in platinum prices and operational cost reductions. Valterra said that, under its updated outlook, it expects headline earnings between 15.6 billion rand and 17.3 billion rand ($965.71 million and $1.07 billion) in the year ended December 31, up from 8.4 billion rand the previous year. The earnings for the period were boosted by a 26% increase in prices for the platinum group metals (PGM) basket as well as 5 billion rand worth of operational…
London’s stock market has spent much of the past decade nursing a bruised ego, watching promising companies look westward to New York while domestic listings thinned out. This week’s sweeping reforms to the UK’s capital markets are intended to change that mood. The changes are being billed as a serious attempt to make the City competitive again after years of falling short against global rivals. The need for reform has been hard to ignore. The London Stock Exchange has suffered an historic drought in new listings. Only nine companies floated in the UK over the past year, and IPO fundraising…
“The oil’s coming into the refineries in Houston, in various places,” the president told the New York Post.Is Trump going to run Venezuela’s oil industry for the long term?While Venezuela is still reeling from the capture and arrest of its disputed leader, many are feeling the unease of big decisions that lie ahead.WASHINGTON – Venezuelan oil seized by the United States is already being processed at American refineries, according to President Donald Trump.In a Jan. 23 interview with the New York Post, the president said the oil was “coming into the refineries in Houston, in various places.””Let’s put it this…
Union Budget 2026: Metal sector looks for duty parity, MMTC PAMP weighs in amid rising gold, silver prices
India’s precious metal refining industry is seeking policy support from the government to correct duty disparities that place domestic refiners at a disadvantage compared with imports routed through free trade agreements (FTAs), according to MMTC-PAMP Managing Director and Chief Executive Officer Samit Guha. Guha said the industry has long flagged differences in import duties, particularly under the Single Euro Payments Area (SEPA) route, where refined bullion can enter India at lower duties than dore, the semi-processed form used by domestic refiners as feedstock. “One of the expectations we’ve had, not just as MMTC-PAMP but across the precious metal refining sector,…
Key PointsMeta Platforms has over 3.5 billion daily active users across its social media platforms, which power its successful advertising business.The company’s AI infrastructure spending worried Wall Street, but it still posted healthy 40% operating margins in its most recent earnings report.It’s currently the cheapest Magnificent Seven stock by forward P/E ratio.With so many companies using artificial intelligence (AI), there’s no shortage of AI stocks available to investors.Meta Platforms (NASDAQ: META) is an AI company that I’ve been loading up on, and I plan to hold it forever. Here’s why.Where to invest $1,000 right now? Our analyst team just revealed…