Tuesday, April 23, 2019
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Tesla shares in reverse as production woes weigh

Shares fell 10% when the Nasdaq opened after the electric carmaker said it only managed to produce 77,100 vehicles in the first quarter of the year

Bank of England governor Mark Carney: Risk of no-deal Brexit now...

In an exclusive interview with Sky News, the governor of the Bank of England defended its gloomy forecasts for what a cliff-edge Brexit would mean and denied they amounted to scaremongering

CBI chief’s warning to politicians amid Brexit stalemate

The Confederation of British Industry's (CBI) director general Carolyn Fairbairn issued a short reaction on Twitter signalling her exasperation and scepticism after the prime minister outlined her change of strategy in a Downing Street statement after a day of cabinet meetings

Ford to take ‘long hard look’ at UK future in no-deal...

As Theresa May scrambles to find a way forward following a series of "no" votes on Brexit options in parliament, the chairman of Ford Europe told Sky's Ian King Live the company had a duty to protect itself from the prospect of becoming uncompetitive

Debenhams holds door open for Ashley despite £200m refinancing

The chain said the deal with its bondholders allowed it to proceed with its previous proposals to slash up to 50 stores and reduce rent bills - adding it was "very likely" existing shareholders, including Mr Ashley's Sports Direct, would be wiped out

Wow Air faces fury as collapse hits thousands of passengers

It had grounded aircraft early on Thursday following months of talks with prospective financial backers - saying it was in the final stages of negotiations with a group of investors and further information would be provided later in the morning

British Chambers of Commerce: No-deal Brexit would be a ‘flagrant dereliction...

Dr Adam Marshall, the director general of the British Chambers of Commerce, will use a speech to his organisation's annual conference in London to say that leaving the EU without a deal would be a "flagrant dereliction of duty"

Goals Soccer Centres suspends shares after VAT blunder

The company, which trades on the junior AIM market and counts Sports Direct boss Mike Ashley among its major shareholders, said it was seeking clarification on its financial position

Sports Direct seeks support for £61.4m Debenhams bid

The sporting goods retailer controlled by Mike Ashley, which is the largest shareholder in Debenhams with 30% of the equity, said it would pay 5p per share for the stock it did not already own under its plans

Moss Bros posts first annual loss for eight years

The company, which has almost 130 UK stores, said the "volatile" trading environment around Brexit, stock shortages, discounting and a series of costs combined to force it into the red in the year to 26 January