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Kingspan Retains Full Ownership of ADVNSYS as IPO Plans are Scrapped
Dublin, January 7, 2026 – Kingspan Group Plc (KSP.I) has decided to abandon plans for an initial public offering (IPO) of a 25% stake in its data centre-focused business ADVNSYS, citing the potential to maximize shareholder value by retaining full ownership. The Irish building materials manufacturer, widely recognized for its sustainable insulation and building solutions,
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London’s FTSE 100 Index Reaches Unprecedented Levels Amid Broad Market Rally
On Tuesday, January 6, 2026, London’s benchmark stock index, the FTSE 100, surged to an all‑time record closing high, reflecting strengthening investor confidence, robust sector performance, and positive macroeconomic trends that are energizing the UK equity market. news.jointearn.com The FTSE 100 closed up approximately 1.2% at 10,122.73 points, surpassing previous historic highs and reinforcing the
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London’s FTSE 100 Closes at an All‑Time Record High, Led by Strong Healthcare Sector Performance
On Tuesday, January 6, 2026, London’s benchmark FTSE 100 index soared to an all‑time closing high, powered by significant gains in the healthcare sector and strong performances across several major stocks. The index’s surge reflects growing investor confidence fueled by positive corporate developments, robust retail sales data and macroeconomic conditions supporting export‑oriented companies. FTSE 100
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German Inflation Slows to 2.0% in December, Easing Pressure on ECB
BERLIN, January 6, 2026 – Germany’s inflation slowed more than expected in December, dipping to 2.0% year-on-year, preliminary data from the Federal Statistics Office showed on Tuesday. Analysts had forecast a decline to 2.2% from November’s 2.6%. The core inflation rate, which excludes volatile food and energy prices, also eased to 2.4% from 2.7% the
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Tesla UK Car Sales Drop 29% in December as Chinese EVs Gain Ground
LONDON, January 6, 2026 – Tesla (TSLA.O) saw its UK car registrations fall by more than 29% year-on-year in December, highlighting the growing competition from Chinese electric vehicle (EV) brands in Britain, the company’s largest European market. Tesla registered 6,323 new vehicles in the UK last month, according to New AutoMotive data, while 2025 UK
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UK Retailer Next Raises Profit Forecast After Strong Christmas Sales
LONDON, January 6, 2026 – British fashion retailer Next (NXT.L) has lifted its annual profit forecast for the fifth time this year, after reporting a 10.6% increase in full-price Christmas sales, surpassing analysts’ expectations. The strong trading update sent Next shares up 3.1% in early trading. Despite subdued consumer confidence and unusually mild weather in
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Trump Administration Freezes Over $10 Billion in Childcare and Family Assistance Funds to Five States
WASHINGTON, January 7, 2026 – The Trump administration is freezing more than $10 billion in federal childcare and family assistance funds to California, Colorado, Illinois, Minnesota, and New York, citing concerns about potential fraud and misuse, according to the U.S. Department of Health and Human Services (HHS). The freeze affects several major federal programs, including:
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Nestlé Recalls Infant Formula Across 25 Countries Over Toxin Risk
LONDON / ZURICH, January 6, 2026 – Nestlé (NESN.S) has announced a recall of certain batches of its infant formula products, including SMA, BEBA, and NAN brands, across 25 countries, mainly in Europe, over the potential presence of a toxin called cereulide, which can cause nausea and vomiting. The recall, which initially began on a
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IKEA to Close Seven Stores in China as Focus Shifts to Online and Smaller Locations
SHANGHAI, January 7, 2026 – Global furniture retailer IKEA announced on Wednesday that it will close seven of its stores in China starting February 2, part of a strategic shift toward online sales and smaller store formats. The stores scheduled for closure include locations in suburban Shanghai, Guangzhou, and several second-tier cities such as Nantong,
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South Korea’s President Lee Asks Xi Jinping to Mediate on North Korea
SEOUL, January 7, 2026 – South Korean President Lee Jae Myung said on Wednesday that significant progress has been made in restoring trust between Seoul and Beijing, and he has asked Chinese President Xi Jinping to play a mediating role in Seoul’s efforts to engage North Korea. Speaking to South Korean media in Shanghai, with
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