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DS Smith shares soar as Mondi reportedly mulls bid
Shares in UK paper and packaging firm DS Smith spiked on Thursday on reports rival group Mondi is considering a bid in what would be one of the largest British deals this year.
Aston Martin sees 'first steps' to profits as annual losses widen
Luxury carmaker Aston Martin Lagonda said it would take the “first steps towards profitability" this year after reporting wider annual losses as sales slumped due to the Covid-19 pandemic.
Europe midday: Shares flat as investors fret over inflation
European shares were flat at lunchtime on Thursday as investors remained cautious amid inflationary fears, despite a deluge of corporate news and takeover speculation around UK packaging firm DS Smith.
Standard Chartered FY slumps 57% as dividends reinstated
Standard Chartered said annual profits more than halved on bad loan impairments due to the coronavirus pandemic, as it resumed dividend payments and announced a share buyback.
Mondi profits fall on lower prices as dividend raised
Annual profits at paper and packaging maker Mondi fell by a third on the back of “significantly lower” average selling prices for pulp and paper grades and the Covid-19 pandemic.
Europe open: Shares higher on slew of corporate results, miners
European shares opened higher on Thursday driven by a deluge of corporate results and takeover speculation around UK packaging firm DS Smith.
Anglo American shines on commodity price boom
A boom in commodity prices and easing of Covid curbs in the second half helped Anglo American report better-than-expected annual profits and lift its dividend.