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Conviviality eyes potential equity fundraising during 'difficult period'
Alcohol wholesaler and distributor Conviviality may issue new shares to ease its financial strife, while tax authorities, creditors and customers were said to remain supportive.
Berkeley aggressively defends house-building rate, maintains profit guidance
Berkeley Group reported a resilient level of house sales in the past four months and while it was confident enough about the "compelling" fundamentals of the London and South East housing market to maintain profit and dividend guidance, had a fairly aggressive message for the government.
Friday newspaper round-up: Salisbury attack, asteroid, Corbyn, Nex, Snap, HSBC, Google
The West united against President Putin’s regime yesterday as America announced tougher sanctions against Moscow and joined France and Germany in an unequivocal condemnation of the Salisbury chemical attack. In an unusual joint statement, the leaders of France, Germany, the US and Britain said there was “no plausible alternative explanation” for the poisoning other than that it was the work of the Kremlin. - The Times.
Mitie sees slight fall in operating profits as revenue grows
Outsourcing company Mitie said it expected full operating profits to be slightly below the previous year after modest growth in sales.
London pre-open: FTSE still struggling for direction, Shell exits New Zealand
London stocks were expected to resume their decline on Friday after a ending a three-day losing streak in the previous session and a mixed day overnight on Wall Street.
Old Mutual sells LatAm business for undisclosed sum
Old Mutual said it had agreed to sell its Latin American businesses to CMIG International, a financial holding company based in Singapore for an undisclosed sum.
US close: Markets mixed as traders weigh data with geopolitical, trade tensions
Wall Street finished on a mixed note on Thursday, as traders reacted to both upbeat data on US manufacturing, as well as simmering tensions on the trade front with China and on the geopolitical side of things with the Russian Federation.