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Meggitt awarded $37m Abrams tank systems contract
Aerospace, defence and energy components and systems supplier Meggitt has been awarded a contract worth up to $37m from General Dynamics Land Systems, it announced on Thursday.
SSE still exploring options for retail supply arm, says wholesale profit to drop
SSE said on Thursday that it expects a "significant" reduction in 2018/19 adjusted operating profit in its wholesale business as it continues to assess "all options" for its retail supply arm, SSE Energy Services, following the collapse of the merger with Npower last year.
Johnson Matthey ties down EV battery material production plans
Johnson Matthey is confident of meeting customers' future commercial requirements for its new eLNO electric battery cathode materials after it secured the site for a factory and a 10-year lithium supply agreement.
Johnson Matthey secures lithium plant site, Meggitt awarded contract in US tank upgrade
London open The FTSE 100 is expected to open 27 points higher on Thursday, having closed down 0. 03% at 7,194. 19 on Wednesday.
London pre-open: Stocks seen up amid signs of Sino-US progress; Brexit events in focus
London stocks were set for a slightly higher open on Thursday amid signs of progress in Sino-US trade talks, as investors digested overnight Brexit developments in Westminster.
Thursday newspaper round-up: Car manufacturers, Arriva, Anya Hindmarch, German bonds
Car manufacturers have said their anxiety over Brexit is now “at fever pitch” after latest monthly production figures showed another major decline, with a 15% year-on-year drop in output in February. The double-digit drop was the ninth consecutive month in which British car manufacturing output has fallen. The industry blamed declining demand in the UK and in key European and Asian export markets for the continuing slump, which saw just 123,203 vehicles made last month, more than 22,000 fewer than the previous February.
May offers to quit if Brexit deal approved by parliament
Theresa May offered to quit as prime minister in a final roll of the dice to get her withdrawal deal through parliament as MPs rejected a series of alternative Brexit options on Wednesday.
US close: Markets sustain losses as Treasury yields sink
Wall Street trading closed after sustained losses on Wednesday, amid a continuing rapid decline in US Treasury yields and 'market chatter' regarding possible interest rate cuts by the Federal Reserve.