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Macfarlane forecasts 16% earnings decline

Tough markets make it difficult for the packaging group to pass on costs

PPHE Hotel Group shares plunge as management lowers guidance

The hotel developer’s half-year loss divulged the impact of wider economic challenges

PureTech’s revenues buoyed by Karuna licence agreement

Costs have been trimmed but earnings remain in negative territory

Nvidia beats expectations despite China uncertainty

Its data centre compute revenue fell from the previous quarter because of a loss of Chinese business

Boohoo cuts inventories and capex

There are some early signs of progress as the group transitions to a capital-light model

Hochschild shares slump on guidance downgrade

Remedial efforts at Mara Rosa are taking longer than expected

Prudential’s new buyback plan draws mixed response

Insurer’s shares were flat after it confirmed a new plan to return capital to shareholders

Bunzl resumes £200mn buyback as profits tumble

The distributor is grappling with deflation and soft demand, along with execution problems in North America

Walmart warns of coming tariff costs

It has been able to clear old inventory, but increased import taxes will impact the business in the second half.

Hays slashes dividend and deepens cost cuts as profits crash

The FTSE 250 recruiter is restructuring operations as the global hiring slowdown drags on