Latest News
John Menzies appoints Giles Watson as CEO
Aviation services business John Menzies has appointed Giles Wilson as its new chief executive officer with immediate effect.
Arcadia workers' fate in limbo as landlords push Green on CVAs
The fate of 18,000 workers at Philip Green's Arcadia retail empire hangs in the balance after a crucial vote on the group's restructure was postponed on Wednesday.
Fiat Chrysler puts brakes on €33bn Renault merger
Car maker Fiat Chrysler announced on Thursday that it was pulling its €33bn merger proposal with Renault after French government intervention in the deal.
System1 revenues and profits come in flat as AdRatings investment continues
Marketing agency System1 turned in a broadly flat set of results on Thursday as a result of significant investments into its new business line.
Mitie swings to full-year profit
Outsourcer Mitie said on Thursday that it swung to a full-year profit as revenue rose thanks to a strong performance from its core businesses.
CMC Markets slashes dividend, but client money sees 'robust' increase
A bruising 2018 saw CMC Markets post a sharp drop in both net operating income and profits, leading the firm to slash its dividend payout, but some analysts chose to point out he "robust" rise in client money.
Osirium Technologies scores contract with mystery European telco
Cloud-based cybersecurity software firm Osirium Technologies has inked a contract with a major provider of business and domestic telecoms services in Southern Europe.
Amino Technologies restates guidance following implementation of transformation programme
Media and entertainment solutions outfit Amino Technologies told investors on Thursday it had made "good progress" with its transformation programme, which it expects to deliver annualised cost savings of $5m.
'Encouraging' exploration results at Rio Tinto's copper gold discovery
Rio Tinto said on Thursday that a new set of results from the copper-gold discovery in the Paterson province, Western Australia, are "encouraging".
German factory orders pick up in April
German factory orders picked up in April, according to figures released by Destatis on Thursday.
AstraZeneca leukaemia drug meets trial end-point
AstraZeneca said on Thursday its Calquence leukaemia drug had met the primary endpoint of a phase 3 trial and would allow it to file for regulatory approval later this year.
London open: Stocks rise ahead of ECB announcement; Aviva job cuts in focus
London stocks rose in early trade on Thursday but gains were muted ahead of the latest policy announcement from the European Central Bank and as ex-dividends took their toll.
Aviva to cut 1,800 jobs as it looks to save £300m over the next three years
Aviva has announced plans to cut around 1,800 jobs as it looks to reduce expenses by £300m a year over the next three years.
Go-Ahead lifts expectations for London, intl bus units
Public transport operator Go-Ahead Group said revenue had grown in all three of its divisions in the period from December 30, 2018 to June 5, 2019.
Rolls-Royce transfers £4.6bn of UK pension scheme to L&G
Rolls-Royce said on Thursday that its pension scheme has agreed to transfer £4. 6bn of assets to Legal & General in what is the UK's largest ever bulk annuity.
Thursday newspaper round-up: Ford, Autonomy, ITV, Ghosn
Ford is planning to close its Bridgend engine plant, with the likely loss of about 1,700 jobs, in the latest blow to the embattled British car industry. The company is meeting workers’ representatives at the south Wales plant on Thursday. A source with knowledge of the process said the plant would shut down. – Guardian.
London pre-open: Stocks seen muted ahead of ECB announcement
London stocks looked set for a muted open on Thursday as investors eyed the latest policy announcement from the European Central Bank.
Entertainment One denies speculation Gordon is leaving; Aviva to cut 1,800 jobs
London open The FTSE 100 was called to open four points higher at 7,224.
eOne denies reports Mark Gordon to leave company
Entertainment One on Thursday denied speculation that Mark Gordon was leaving his role as president and chief content officer.