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CMA starts probe into Teletext over package holiday refunds
Britain's competition regulator has started a probe into Teletext Holidays after receiving hundreds of complaints from customers who had not received refunds for trips cancelled due to the coronavirus pandemic.
Europe midday: Shares hold gains as Italy, Germany outperform
European shares held gains at lunchtime on Thursday with German and Italian markets outperforming the benchmark Stoxx 600 index.
JD Sports on the prowl for acquisitions after raising £464m
JD Sports Fashion is on the hunt for new acquisitions after raising £464. 2m on Thursday in a share placing to finance expansion and acquisitions.
Shell swings to massive FY loss, raises first quarter dividend
Royal Dutch Shell reported its worst performance in two decades, posting a massive annual loss as the Covid pandemic hammered energy consumption, although it signalled a rise in the first quarter dividend.
JD Sports set for cash raise to fund expansion plans
JD Sports Fashion on Wednesday said it was looking to raise more than £475m in a share issue to "invest in the expansion of the group and to capitalise on acquisition opportunities".
Europe open: Shares maintain rally as US stimulus edges closer
European shares were slightly higher at the opening as investors took heart from Democrat moves to push on with the $1. 9trn Covid-relief package.
BT Group on track for FY despite lower third quarter profits
British telecoms operator BT Group said it was on track to meet full-year forecasts despite a fall in third quarter core earnings.