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SSP warns of slump in Feb sales on coronavirus impact
UK travel food company SSP Group warned February sales across the Asia Pacific would slump by 50% year on year as air passenger numbers fell due to the the coronavirus.
Serco reinstates dividend as profits rise
Public services provider Serco said it would reinstate a dividend for the first time since 2014 as full year profits increased 25%.
Unite's EPRA earnings rise after Liberty Living acquisition
Unite Group reported on a “successful and transformational” year on Wednesday, with EPRA earnings rising 25% to £110. 6m.
Capital & Counties elevates Michelle McGrath to executive director
Capital & Counties Properties announced the appointment of Michelle McGrath as an executive director on Wednesday.
Avast FY profits surge as consumer desktop division outperforms
Cybersecurity company Avast's full-year pre-tax profits surged in 2019, fuelled by growth in the group's consumer desktop division.
Diageo warns of £200m hit to profits from coronavirus
Drinks group Diageo warned of a potential £200m hit to profits from the coronavirus as bars and restaurants in the China and Asia Pacific region stayed shut.
Metro Bank swings to big loss after accounting scandal
Embattled Metro Bank reported a massive full year loss after an accounting scandal shook investor and customer confidence.
HICL consortium acquires Galloper Windfarm transmission assets
HICL Infrastructure announced the acquisition of transmission assets associated with the Galloper Windfarm off the coast of Suffolk on Wednesday.
Taylor Wimpey profits slip as completions and revenue improve
Taylor Wimpey reported a set of results in line with its expectations on Wednesday, with “clear progress” against its strategic priorities, even as its profits slipped.
London open: Stocks sink further as coronavirus response ramps up
London stocks fell further at the open on Wednesday, as health officials sounded the alarm over the near-pandemic status of the ongoing outbreak of the Covid-19 coronavirus.
William Hill profits at top end of forecasts
William Hill on Wednesday reported a fall in annual profits but at the top end of expectations as it continued to deal with the fallout from a UK government limit on slot machine stakes.
London pre-open: Stocks set to fall further as virus spreads through Europe
London stocks were expected to fall even further on Wednesday, as health officials sounded the alarm over the near-pandemic status of the ongoing outbreak of the Covid-19 coronavirus.
Wednesday newspaper round-up: Coronavirus, Prudential, Barclays, Tesco, Sirius, Disney
Preparations for a severe outbreak of coronavirus in Britain, including the closure of schools and restricting movement around the country, were being stepped up last night as the virus swept across Europe. Ministers are finalising contingency plans, which also include quarantining families, as Switzerland, Austria, Croatia and mainland Spain all recorded their first cases. - The Times.
Rio Tinto FY profits rise on higher iron ore prices
Rio Tinto on Wednesday reported an 18% rise in full year underlying earnings on the back of soaring iron ore prices, offsetting lower shipments in 2019.
Taylor Wimpey profits slip, Rio Tinto posts bump in earnings
London open The FTSE 100 is expected to open 58 points lower on Wednesday, having closed down 1. 94% at 7,017. 88 on Tuesday.
US close: Virus fears fuel more heavy losses
US stocks recorded another day of heavy losses on Tuesday, as market participants' hopes for some positive headlines after the previous session saw both the Dow Jones and Nasdaq Composite record their worst trading sessions in two years were dashed.
Bonds: Gilts gain amid safe-haven flows after CDC tells US to prepare for outbreak
These were the movements in some of the most closely-followed 10-year sovereign bond yields:.