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Crest Nicholson continues to trade robustly, shareholders told
Investors in Crest Nicholson Holdings were told that the company’s trading environment continued to be “generally robust” on Thursday, as they gathered in Surrey for the annual general meeting.
Rio Tinto to sell interest in Queensland coal project for $200m
Rio Tinto has agreed to sell its 75% interest in the Winchester South coal development project in Queensland, Australia, to Whitehaven Coal Limited for $200m.
Ted Baker profits and revenue rise despite 'challenging' conditions
Ted Baker reported a 12% jump in full-year pre-tax profit on Thursday as revenue grew but the retailer warned that "external" trading conditions will remain challenging.
De La Rue calls on government to reverse blue passport decision
De La Rue’s chief executive has called on the government to reverse its decision to award the contract for making post-Brexit blue passports to a Franco-Dutch company.
IG Group revenues surge as volatility returns, ESMA crackdown looms
Trading revenues at IG Group surged 30% in a record quarter for the online broker thanks to a high level of client activity.
London open: Stocks edge lower ahead of BoE as deals fall by the wayside
London stocks edged lower in early trade on Thursday as investors shifted their attention to the Bank of England, after the US Federal Reserve hiked rates as expected a day earlier.
Earnings move higher at Sanne as it integrates recent acquisitions
Alternative asset and corporate administration services provider Sanne Group announced its results for the year ended 31 December on Thursday, with group revenue increasing 77% to £113. 2m.
RHI Magnesita refinances with new EUR 306.5m term loan
Refractory products, systems and services provider RHI Magnesita has signed an agreement to refinance its existing facilities with a new €305. 6m, five-year term loan, with an initial cost of Euribor + 75 basis points, it announced on Thursday.
Reckitt Benckiser quits bidding for Pfizer's consumer healthcare arm
Reckitt Benckiser has ended discussions with Pfizer about buying elements of the US company’s consumer healthcare business.
Ultra Electronics convinces Simon Pryce to take top job
Ultra Electronics announced the appointment of Simon Pryce as its chief executive officer on Thursday, confirming he will join the group and its board on 18 June.
Halma second half goes to plan, currency benefits evaporate
Halma, the FTSE 100 health and safety technology group, said profits for the year to 31 March would be in line with current market forecasts as growth continued in the second half, though currency benefits have waned.
Workspace gets planning permission for large Wood Green project
Workspace Group has been granted planning permission for a significant mixed-use redevelopment at its Chocolate Factory and Parma House properties in Wood Green, north London, it announced on Thursday.
London pre-open: Stocks seen lower as investors eye BoE
London stocks were set for a slightly weaker open on Thursday as investors shifted their attention to the Bank of England, after the US Federal Reserve hiked rates as expected a day earlier.
Reckitt gives up on buying Pfizer consumer business, Workspace gets go-ahead for Wood Green development
London open.
Thursday newspaper round-up: Tariffs, Pfizer, Facebook, Cambridge Analytica
America and the European Union have pledged to reach an agreement on President Trump’s steep steel and aluminium tariffs “as rapidly as possible”. Donald Tusk, the European Council president, expressed “cautious optimism” that the EU would persuade the US to offer an exemption from the duties. “Everything will be clear tomorrow,” he said. - The Times.