Full List Of Stories
Royal Dutch Shell slashed its dividend for the first time since 1945, saying it was “imprudent” to maintain payouts as the coronavirus levels devastated oil demand and prices.
First quarter pre-tax profits at Lloyds Bank almost disappeared as the bank braced itself for the impact of the coronavirus pandemic with a massive provision against bad loans.
Infrastructure investor John Laing said it would pay a dividend based on a strong balance sheet and liquidity position, despite the coronavirus lockdown.
First quarter consolidated crude steel output at Evraz rose by 3. 2% quarter on quarter, mainly due to completion of capital repairs at its NTMK plant, the company said on Thursday.
Former and current executives at NMC Health and payments firm Finablr opened fraudulent bank accounts, issuing cheques and loans using forged signatures, the founder of both companies said on Wednesday.
Fashion retailer Next pulled its dividend plan and share buybacks to save almost £500m as sales plunged faster than expected due to the coronavirus lockdown.
Rail and coach ticketing website Trainline said lenders had waived covenants on the company's £350m revolving credit facility until August 2021 to help it through the Covid-19 pandemic.
Electrical retailer Dixons Carphone scrapped its dividend amid the ongoing coronavirus crisis adding that consumer shopping habits had adapted to life under the lockdown.
First quarter profits at BP slumped by 66% on collapsing oil prices and “demand destruction” caused by the coronavirus pandemic although the company still decided to retain a dividend.
Beer and spirits maker Diageo on Tuesday said it was launching a $2. 5bn bond offering.
Engineering group Senior said it had won a 10-year contract extension with MTU Aero Engines to supply Pratt & Whitney engine airfoils worth an extra $330m in sales revenue.
Brick maker Forterra said it would fire up one of its kilns this week and restart production for the first time since the government lockdown imposed last month to battle the coronavirus pandemic.
InterContinental Hotels Group said it had secured new financing arrangements taking its total available liquidity to $2bn as it forecast a 55% fall in room revenues for March due to the Covid-19 pandemic.
Airbus has warned its workers to prepare for massive job cuts as the company bled cash “at an unprecedented speed" due to the coronavirus pandemic.
Capita said it had won a contract extension worth £60m to continue the administrating the Teachers’ Pension Scheme for the UK's Department for Education.
Insurance group Admiral said it would suspend a special dividend of 20. 7p a share but stick with its final 56. 3p payout, citing a strong solvency position.
Aerospace engineering Senior pulled the planned sale of its Aerostructures business despite receiving “strong interest” from potential buyers.
House builder Persimmon said it would start a phased re-opening of its construction sites from April 27 as the industry looked to emerge from the coronavirus pandemic lockdown.
Consumer goods company Unilever maintained its quarterly dividend but pulled full year guidance on flat first quarter sales as the coronavirus pandemic hit its food service and ice-cream business.
Second quarter assets under administration at investment platform AJ Bell fell 12% as markets plunged due to the Covid-19 pandemic.