Business

TOYS ‘R’ Us has announced it has filed for bankruptcy protection in the US and Canada, becoming another victim in a retail industry dominated by online shopping and discount chains. Daily Express :: City and Business Feed

PROFITS at B&Q owner Kingfisher are expected to tumble when the DIY firm reports half-year results this week, after it was hit by wetter than usual summer weather and amid a slowing property market. Daily Express :: City and Business Feed

RYANAIR shares fell 3 per cent today after the budget airline cancelled between 40 and 50 flights per day until the end of October, disrupting hundreds of thousands of journeys. Daily Express :: City and Business Feed

NEXT, one of the UK’s biggest clothes retailers, released half-year results on Thursday. Daily Express :: City and Business Feed

THE global economy could go into meltdown triggered by the impending rise in interest rates around the world, a top banking watchdog has warned. Daily Express :: City and Business Feed

HIGH-end Italian appliance firm Smeg is hoping that the weak pound will continue to attract property-hungry investors to London, where the company has opened its first UK outlet. Daily Express :: City and Business Feed

THE pound is falling from its one-year high versus the US dollar as Brexit again becomes the focus of the markets. Daily Express :: City and Business Feed

PEPERAMI-maker Jack Link’s is considering opening a multimillion-pound manufacturing plant in the Midlands, creating upwards of 200 jobs. Daily Express :: City and Business Feed

BRITAIN is now the eighth largest industrial nation, after manufacturing returned to growth last year, a new report says. Daily Express :: City and Business Feed

THE pound exchange rate against the euro is weakening at the start of this week’s session as GBP slides from the high struck following recent comments from the Bank of England . Daily Express :: City and Business Feed