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13 Jun
cruise ship global ports
Ten Lifestyle scores three-year contract with China Merchants Bank

Lifestyle and travel platform Ten Lifestyle has inked a three-year contract with China Merchants Bank that will see the AIM-listed firm provide digitally enabled travel and lifestyle concierge services to the bank's private banking clients across the globe.

13 Jun
Gulf of Oman oil tanker crews rescued after 'attack'

The US Navy's Bahrain-based Fifth Fleet said it was assisting two tankers in the Gulf of Oman after receiving distress calls from the vessels amid reports of an “attack".

13 Jun
Safestay acquires 161-bed Tuscan hostel for €3.25m

Hostels operator Safestay acquired the freehold of Hostel Pisa in Italy's famous Tuscany region for €3. 25m on Thursday, satisfied in cash from the group's existing resources.

13 Jun
polymetal, albazino, gold, mining
Polymetal more than doubles ore reserves at Veduga

Miner Polymetal International saw ore reserves at its Veduga gold deposit more than double to 2. 8m ounces following an extensive exploration campaign at the site.

13 Jun
Cineworld to pay special dividend after $270m sale and leaseback transaction

Cineworld said on Thursday that it will reward shareholders with a special dividend after it completed a $270m sale and leaseback transaction of 18 US multi-screen cinemas, which between them hold 255 screens.

13 Jun
netherlands dutch europe
BBGI SICAV increases stake in Dutch road project

Infrastructure investment firm BBGI SICAV on Thursday said it had increased its stake in the Netherlands A1/A6 road project for an undisclosed sum.

13 Jun
PZ Cussons Imperial Leather
PZ Cussons' profits expectations in line as Nigerian issues continue

PZ Cussons said on Thursday that its annual profit is expected to have dropped in line with guidance as the soap maker continued to be hampered by a weak consumer backdrop in Nigeria.

13 Jun
Europe open: Stocks move higher on the back of gains for Oil&Gas shares

European stocks are recovering from early selling, with Oil&Gas shares pacing gains following reports that the crews of two tankers in the Sea of Oman were evacuated after being put ablaze.

13 Jun
Majestic Wine, chief executive Steve Lewis, drinks
Majestic Wine swings to loss, in 'advanced' talks about retail sale

Majestic Wine said on Thursday that it swung to a full-year loss, as it confirmed it is in advanced talks about the potential sale of its retail brand and announced the departure of chairman Greg Hodder.

13 Jun
London Stock Exchange, markets, traders, trading, City, shares
London open: Stocks eke out gains amid ongoing trade concerns

London stocks rose in early trade on Thursday, but gains were minimal amid ongoing worries about trade, with voting for Tory leadership hopefuls set to kick off.

13 Jun
ep dg-5g
Germany raises €6.5bn in 5G auction as operators complain over price

Germany raised a higher-than-expected total of €6. 55bn (£5. 84bn) from an epic 5G mobile spectrum auction that left operators fuming about the prices they paid.

13 Jun
Just Group committed to capital self-sufficiency, sees scope for further cost cuts

Retirement products specialist Just Group said on Thursday that it remained committed to delivering capital self-sufficiency by 2022 and will target further cost cuts in its US care business.

13 Jun
Thursday newspaper round-up: Help-to-buy, fossil fuel, Woodford, Facebook

More than half of people using the government’s help-to-buy loan scheme could have purchased a home without support from the state, according to Whitehall’s spending watchdog. In a critical report into the government’s flagship scheme to help more people get on the property ladder, the National Audit Office said about three-fifths of buyers could have bought a home without the support. - Guardian.

13 Jun
Tesco, retail, supermarkets
Tesco reports modest sales growth in 'subdued' market

Tesco said first quarter like-for-like sales rose 0. 2% to £13. 9bn, with UK sales up 0. 4% to £9bn and growth at the newly acquired Booker over the period.

13 Jun
London, city, DL
London pre-open: Stocks seen lower amid ongoing trade woes

London stocks were set to fall at the open on Thursday amid ongoing worries about trade, with the first vote in the Tory leadership contest due.

13 Jun
Tesco Q1 LFL sales tick up, PZ Cussons sees annual profit down on last year

London open The FSTE 100 was called to open 19 points lower at 7,348.