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WH Smith Cuts Outlook, Seeks Capital as Iran War Weighs on Sales

A WH Smith store at an airport in Spain. Photographer: Xavi Lopez/LightRocket

Bloomberg Markets 14h ago

WH Smith to raise £100m as it warns on profits due to Iran war

Retailer plans to shut unprofitable stores as shopper numbers at airports fall amid Middle East conflictBusiness live – latest updatesWH Smith has issued a profit warning after shopper numbers at its stores in US airports fell as a result of the war in the Middle East. The retailer, which operates 1,200 outlets globally in airports, railway stations and hospitals, also announced plans to raise about £100m to strengthen its balance sheet, pay down debt, invest in technology and shut down...

The Guardian World 14h ago

WH Smith to raise £100m as it warns on profits due to Iran war

Retailer plans to shut unprofitable stores as shopper numbers at airports fall amid Middle East conflictBusiness live – latest updatesWH Smith has issued a profit warning after shopper numbers at its stores in US airports fell as a result of the war in the Middle East. The retailer, which operates 1,200 outlets globally in airports, railway stations and hospitals, also announced plans to raise about £100m to strengthen its balance sheet, pay down debt, invest in technology and shut down...

The Guardian Business 14h ago

WH Smith to raise £100m as it warns on profits due to Iran war

Retailer plans to shut unprofitable stores as shopper numbers at airports fall amid Middle East conflictBusiness live – latest updatesWH Smith has issued a profit warning after shopper numbers at its stores in US airports fell as a result of the war in the Middle East. The retailer, which operates 1,200 outlets globally in airports, railway stations and hospitals, also announced plans to raise about £100m to strengthen its balance sheet, pay down debt, invest in technology and shut down...

The Guardian UK 14h ago

WH proposes rules giving political appointees final approval on research grants

Article URL: https://www.scientificamerican.com/article/white-house-proposes-new-rules-giving-political-appointees-final-say-on-research-grants/ Comments URL: https://news.ycombinator.com/item?id=48331511 Points: 11 # Comments: 1

Hacker News 11d ago

Probing Minimalist Phase Structure in LLMs: What Universal Dependencies Cannot Represent

arXiv:2605.26431v2 Announce Type: replace Abstract: Structural probes train on Universal Dependencies (UD), which does not encode formal-syntactic abstractions such as phase boundaries or phase-internal cohesion. Whether large language models (LLMs) encode these remains an open question that UD-based probing cannot answer by construction. We evaluate structural probes on wh-movement stimuli where UD distances are invariant across conditions by design -- any non-zero effect therefore reflects...

arXiv CS 8d ago

Asian stocks fall as US and Iran exchange fire – business live

Rolling coverage of the latest economic and financial newsElsewhere this morning, WH Smith has said it wants to raise about £100m as the conflict in the Middle East starts to affect its profit. The high street retailer says it will place up to 26 million shares, or about 20% of its existing share capital, alongside a separate offer for retail investors in the UK.The business has a strong core and operates in attractive markets with ample scope for profit expansion, particularly in North...

The Guardian Business 15h ago

West Ham co-chair Sullivan steps down over 'false' historic allegations

West Ham co-chair Sullivan steps down over 'false' historic allegations LONDON, June 6 : West Ham United co-chairman David Sullivan resigned from his position with immediate effect on Saturday after becoming aware of what he called "factually incorrect and entirely false, decades-old allegations" about to be published. The 77-year-old businessman also stepped down as a director of WH Holding Limited and West Ham, who were relegated from the Premier League on the final day of the season. In a...

Channel News Asia 4d ago

[Written Question] Attorney General's Office: Legislation

Question by: Lord Pack Answering Body: Attorney General Question: To ask His Majesty's Government, further to the Written Answer by Baroness Anderson of Stoke-on-Trent on 24 March (HL15443), what steps the Attorney General Office's has taken in the last year to meet its legal duty to keep under review the question of wh

UK Parliament Written Questions 9d ago

The 49+ best early Amazon Prime Day 2026 deals you can shop now: Bissell, Le Creuset, Levi’s, and more (live updates)

Amazon Prime Day 2026 officially starts on Jun. 23, but Prime members don’t have to wait to shop. Some of the best early Prime Day Deals are already live, including a handful that are currently at their lowest price ever, like the Bissell CleanView Upright Vacuum, Amazon Fire TV Soundbar Plus, Sony WH-CH720N Noise-Canceling Headphones and Levi’s 94 Baggy Jean Shorts. I frequently cover shopping events like Prime Day, Black Friday and Cyber Monday as a reporter for NBC Select, so I know how...

NBC News 8d ago