Latest News
Wizz Air capacity increases as carrier continues to grow network
Low-cost airline Wizz Air reported increased capacity and passenger numbers for September on Wednesday, with the group continuing to grow its network and improve its customer offering.
Sirius Real Estate trades in line despite lower rent roll
Property firm Sirius Real Estate has continued to trade in line with expectations despite its declining rent roll.
Kavango Resources prepares drilling programme at Kalahari Suture Zone
Botswana-focussed mineral exploration company Kavango Resources has signed a drill contract, it announced on Wednesday, with mobilisation of the rigs underway.
Cohort scores £11.1m worth of extensions to military contracts
Independent technology group Cohort has scored more than £11m worth of extensions to its military support contracts.
PureTech secures remaining 10% of Ariya Therapeutics
PureTech Health on Wednesday acquired the remaining 10% of Ariya Therapeutics, with the now wholly-owned subsidiary set to be renamed as PureTech LYT.
Jaywing takes flight after securing additional funding
Agency and consulting business Jaywing secured additional funding from major shareholders on Wednesday, putting the business in a "much stronger" financial position.
Revenue and earnings rise as Inspiration Healthcare expands
Medical device company Inspiration Healthcare reported a 9% improvement in revenue to £8. 1m in its interim results on Wednesday, in line with its expectations.
AB Dynamics looks set to exceed expectations following strong H2
Testing systems and measurement products manufacturer AB Dynamics continued to perform "strongly" in the second half of the trading year, with the group now forecasting that it will exceed market expectations.
Naked Wines sells Lay & Wheeler business for £11.3m
Naked Wines has sold its Lay & Wheeler business to Coterie for £11. 3m in cash.
Tesco CEO Lewis steps down as interim profits rise
Tesco chief executive Dave Lewis said unexpectedly that he would step down in 2020 to be replaced by Walgreens Boots Alliance executive Ken Murphy as the company reported higher interim profits.
Standard Life Aberdeen vice chair Martin Gilbert to retire
Standard Life Aberdeen said on Wednesday that vice chairman Martin Gilbert will retire in September 2020 after more than 30 years at the company.
Europe open: Markets lower after weak manufacturing data
European stocks were sharply lower on Wednesday morning, as investors digested weak manufacturing data from both sides of the Atlantic.
Flutter Entertainment agrees all-share merger with Stars Group
Flutter Entertainment has agreed an all-share merger with Nasdaq and Toronto-listed Stars Group, a provider of technology-based product offerings in the global gaming industries and the owner of Poker Stars.
Ryanair traffic jumps 8% in September
Budget airline Ryanair reported an 8% jump in September passenger numbers on Wednesday .
Hochschild buys Chilean rare earth deposit for $56m
Hochschild Mining on Monday said it was taking total control of a Chilean rare earths deposit for $56m in cash as it sought capitalise on the renewable technology market.
CMA clears CGI Group acquisition of Scisys
The Competition and Markets Authority announced on Wednesday that it has decided, based on the information currently available to it, not to refer the acquisition of software and services provider Scisys by Canadian consulting giant CGI Group to a phase 2 investigation.
Inchcape to dispose of Chinese retail sites for £54m
Inchcape said on Wednesday that it will exit the Chinese retail market after agreeing to sell its three dealerships there to China Yongda Automobiles Services Holdings Limited for £54m.
Finance chief Rawlingson steps down from Arix Bioscience
Biotechnology-focussed venture capital company Arix Bioscience announced the departure of its chief financial officer James Rawlingson on Wednesday.
London open: Stocks drop amid global slowdown concerns
London stocks fell in early trade on Wednesday, taking their cue from downbeat sessions in the US and Asia amid worries about a global slowdown.
Finance veteran Lord Davies appointed chair of Intermediate Capital
Intermediate Capital Group announced on Wednesday that Lord Davies of Abersoch has been appointed as a non-executive director and chairman-designate of the company.