Wednesday , 28 January 2026

Recent Posts

Cement lifts Saudi, other markets fall

Reuters Cement shares lifted Saudi Arabia’s stock index on Wednesday while other big bourses in the region were weak, with real estate shares pulling down Dubai. The Saudi index rose 0.3 percent as 13 of the 14 cement stocks climbed in unusually heavy trade. Jouf Cement was up 5.4 percent and Tabuk Cement jumped its 10 percent daily limit. The …

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UK risks losing its dominance in Airbus wing production

Bloomberg Britain’s five-decade dominance of wing construction for Airbus SE jets is under threat from rival countries playing up the uncertainties surrounding Brexit to pitch for a share of the high-value, manufacturing work. Airbus has been approached by at least seven governments looking to poach future wing production after the company raised concerns about Britain quitting the European Union, stirring …

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H&M’s biggest profit drop in six years puts CEO under pressure

Bloomberg Hennes & Mauritz AB reported its biggest drop in profit in six years, adding pressure on Chief Executive Officer Karl-Johan Persson, who is trying to right the ailing Swedish clothing chain after recent slipups. Operating profit fell 14 percent to 20.6 billion kronor ($2.6 billion) in the 12 months through November, H&M said in a statement. Analysts expected 20.4 …

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