Shares in Amazon dive 20%: Online retail giant adds to tech sector's gloom

Pessimism: The online retail giant saw shares plunge as much as 20 percent in after-hours trading as it warned that sales in the crucial Christmas quarter would disappoint.
Amazon shares plunge 20%: Online retail giant adds to tech sector pessimism as shares drop nearly a fifth By Archie Mitchell for the Daily Mail Published: 22:19 BST, October 27, 2022 | Updated: 23:49 BST, October 27, 2022 Amazon added... Read more

Hermes hails 'very good quarter' as shoppers brush off economic gloom

Rich harvest: supermodel Heidi Klum with her Birkin bag
Hermes hails a ‘very good quarter’ as well-heeled shoppers shake off economic gloom to buy their £5,000 bags By Daily Mail City & Finance Reporter Published: 22:16 BST, October 20, 2022 | Updated: 22:16 BST, October 20, 2022 Rich harvest:... Read more

Airlines pin hopes on winter getaway: BA and Easyjet defy gloom

Flying high: British Airways owner IAG said sales this summer were
Airlines pin their hopes on a winter break: BA and Easyjet defy pessimism after ‘better than expected’ summer sales By Archie Mitchell for the Daily Mail Published: 22:32 BST, October 13, 2022 | Updated: 22:33 BST, October 13, 2022 Airlines... Read more

Airlines pin hopes on winter getaway: BA and Easyjet defy gloom

Flying high: British Airways owner IAG said sales this summer were
Airlines pin their hopes on a winter break: BA and Easyjet defy pessimism after ‘better than expected’ summer sales By Archie Mitchell for the Daily Mail Published: 22:32 BST, October 13, 2022 | Updated: 22:33 BST, October 13, 2022 Airlines... Read more

More gloom for Germany as factory prices surge

Under pressure: Europe's largest economy faces rising costs and flagging growth, as well as the specter of energy rationing as Russia cuts off its gas supplies.
Germany’s Finance Ministry warns of a “remarkably gloomy” economic outlook as a record rise in factory prices adds to the country’s inflation headache. By John Paul Ford Rojas for The Daily Mail Published: 21:51 BST, August 19, 2022 | Updated:... Read more

British businesses upbeat despite the gloom

UK companies are more confident than their European peers and are investing at a faster pace than before the pandemic despite the contraction in second-quarter growth By Nicholas Neveling for the Daily Mail Published: 5:16 PM EDT, August 12, 2022... Read more

Buoyant Footsie defies the gloom with FTSE 100 up nearly 5% this month

Buoyant Footsie defies the gloom with FTSE 100 up nearly 5% this month
A week after Bank of England Governor Andrew Bailey’s dovish forecasts for the UK economy, markets are on the up while consumer confidence is improving. In the Bank’s quarterly economic review last week, Bailey predicted a protracted recession with no... Read more