Kingfisher

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Screwfix owner Kingfisher said half-year profits had dropped by 12.5 per cent as sales at the DIY chain remained under pressure amid a swingeing overhaul. Photograph: iStock

B&Q owner Kingfisher plans to open a number of Screwfix outlets in the Republic next year, building on its existing online presence in the market.(...)

FedEx shares were on course for their sharpest one-day percentage drop since the financial crisis.

European shares ended flat on Wednesday, as gains for the defensive real estate and utilities sectors were countered by losses in luxury good makers, (...)

Danish prime minister Mette Frederiksen (second from left) has annoyed Donald Trump by refusing to sell him Greenland. Also pictured are Norway’s prime minister Erna Solberg (left),  Iceland’s prime minister Katrin Jakobsdottir and German chancellor Angela Merkel (right). Photograph: Halldor Kolbeins / AFP

Image of the week: Nordic example Climate change was top of the agenda this week in Iceland, where various Nordic leaders plus Germany chancellor Ang(...)

White House economic adviser Larry Kudlow: he  said Washington may move ahead with more tariffs on Chinese goods. Photograph: Getty Images

Global shares handed back gains on Thursday after comments from the White House undid optimism over a potential China-US trade deal. White House econo(...)

Thierry Garnier will join Kingfisher in the autumn

Home improvement retailer Kingfisher has turned to Carrefour’s Thierry Garnier to be its new chief executive and revive its fortunes, succeeding Veron(...)

Traders work on the floor at the New York Stock Exchange   in New York, US. Photograph: Brendan McDermid/Reuters

Weak German economic data and a profit warning from Daimler hit European stock markets on Monday as investors reined in any bets on a fourth week of g(...)

Former Manchester United manager Alex Ferguson: “It is unfair . . . to try and retain the authority you once possessed. You have to let go and let the new man and the new regime do what they think is best.” Photograph: Oli Scarf/AFP/Getty

Alex Ferguson, the former manager of Manchester United, once offered this universal truth about how to behave towards a successor: “It is unfair . . .(...)

Global markets remained on alert over a trade war between the two superpowers China and the US. Photograph: Mark Ralston/AFP

European shares rose as risk appetite picked up after US president Donald Trump played down Washington’s trade war with Beijing, while a slew of earni(...)

Photograph: iStock

Home improvement retailer Kingfisher missed forecasts for sales growth in its latest quarter, held back by the weak performance of its French business(...)

Wall Street’s main indexes slipped in the first few hours of trading after a weak profit outlook from economic bellwether FedEx and on trade concerns. Photograph: Getty

European markets were dragged down by negative corporate news as well as uncertainty as how the next stage of the UK’s Brexit process will unfold. In(...)

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