Latest News
Netflix pledges 2% of cash to support black communities in US
Netflix announced it would pledge 2% of its cash holdings to support black communities in the US.
Boris Johnson pledges 'bold' approach to support UK economy post Covid-19
Prime Minister Boris Johnson has outlined what he dubbed "ambitious" plans to kick-start the UK’s recovery following the Covid-19 pandemic.
Morses Club confirms U Account customers can access accounts
Morses Club confirmed on Tuesday that operations at subsidiary U Account have resumed as normal after the Financial Conduct Authority lifted its ban on trading by German payments processor Wirecard’s UK business.
Blue Group restructuring leaves 1,100 jobs hanging in the balance
Harveys and Bensons for Beds parent company Blue Group's restructuring will leave around 1,000 retail jobs hanging in the balance as roughly 50 storefront locations were set to close permanently following a pre-pack administration deal with Alteri Investors.
Asos Q3 likely to be muted, says Liberum
Online fashion retailer Asos is likely to report a muted third quarter, Liberum said in a note on Tuesday.
eEnergy warns of delays, eyes breakeven trading in H2
Energy efficiency group eEnergy said on Tuesday that it was aiming to turn a profit following an expansion away from its home market of Ireland but also warned of coronavirus-related contract delays.
Credit Suisse stays at 'hold' on Hunting, expects only 'modest' recovery in US shale
Analysts at Credit Suisse kept their recommendation for shares of Hunting at 'hold', warning clients to expect only a "modest" recovery in activity in the US shale oil sector.
Comptoir talking with landlords before making closure decisions
Restaurant operator Comptoir Group confirmed plans to start reopening some of its sites from 4 July on Tuesday.
Vast Resources granted expanded licence at Manaila
Vast Resources updated the market on progress at its Manaila Polymetallic Mine, and the adjacent Manaila Carlibaba Extension Project, in Romania on Tuesday, confirming it has now been granted the Manaila Carlibaba exploitation licence.
On the Beach swings to interim loss as revenues slide
On the Beach said on Tuesday that it swung to an interim loss as revenue slumped due to cancelled bookings and reduced demand amid the Covid-19 outbreak, as it announced the departure of chief financial officer Paul Meehan.
Petropavlovsk board ousted in AGM coup
Petropavlovsk has accused its biggest shareholder of seizing control of the Russian gold miner without paying a takeover premium after the company's board was voted out at its annual general meeting.
Robinson reinstates dividend, shares surge
Robinson has re-instated its dividend after the packaging specialist saw sales nudge ahead in the first half despite the impact of the Covid-19 pandemic.
US pre-open: Futures point to losses at the end of Q2
Wall Street futures were pointing to losses ahead of the bell on the final day of trading for June and for the second quarter.
Amazon brand value reaches $400bn as popularity rises during pandemic
Amazon’s brand worth rose by almost a third in one year to $415. 9bn, maintaining its position as the most valuable brand on the planet.
Europe midday: Stocks edge higher, technology issues lead
Stocks are edging higher come midday helped by the release of some significantly better-than-expected readings on the economy in Europe and from overseas.
Entertainment AI releases 'CreatorSuite', changes name to Seeen
Social media video platform provider Entertainment AI announced the release of its ‘CreatorSuite’ product on Tuesday, as well as its name change to ‘Seeen’, with the ticker symbol SEEN, in a bid to “better reflect” its technology brand and the initiation of commercial product releases.
Prairie Mining secures litigation funding to sue Poland
Prairie Mining announced on Tuesday that it has executed a litigation funding agreement for AUD 18m (£10. 07m) with Litigation Capital Management, available for immediate drawdown.
Pick-up in UK housing market activity boosts Henry Boot
Henry Boot is to take a "significant" number of employees off furlough, after activity in the housing market started to pick up.
Wirecard's US unit up for sale
Troubled German payment outfit Wirecard's US unit has put itself on the auction block after ist parent company filed for insolvency on 27 June after approximately €1. 9bn (£1. 7bn) of cash on its books went missing.