Latest News
INPP lifts stakes in UK school rebuilding scheme
Infrastructure investment company International Public Partnerships on Wednesday said it was spending £3. 6m to lift its stake in legacy UK school rebuilding projects.
NetScientific joins in PDS Biotechnology public offering
Healthcare intellectual property company NetScientific announced on Wednesday that its portfolio company PDS Biotechnology has finalised the pricing of its underwritten public offering, consisting of six million shares at a price of $2. 75 (£2. 11) each.
Kingswood accelerates US expansion with majority holding of MHC
Kingswood Holdings announced “another giant step” in its US expansion strategy on Wednesday, with a definitive agreement to acquire a majority 50. 1% interest in Manhattan Harbor Capital (MHC).
Davy cuts IAG to 'neutral' as rights issue looms
Davy cut its rating on IAG shares to 'neutral' ahead of an imminent painful rights issue for the owner of British Airways.
Eurozone industrial production rises less than expected in June
Eurozone industrial production rose a touch less than expected in June, according to the latest figures from Eurostat.
UK plunges into worst recession as GDP shrinks by a fifth
The UK economy shrank by a fifth in the second quarter of 2020 as the country sank into the deepest recession on record because of the Covid-19 crisis.
Northbridge H1 revenues dip on Covid-19 hit
Industrial services and rental company Northbridge said on Wednesday that overall trading had remained "resilient" in the first half of the year despite the impacts of the Covid-19 pandemic.
Spirax-Sarco hikes interim dividend; warns on weaker H2 sales
Spirax-Sarco lifted its dividend despite reporting a fall in half-year revenue and profits and warned of lower sales in the second half.
Liberty Global to buy Switzerland's Sunrise Communications
US cable company Liberty Global has agreed to buy Swiss telecommunications group Sunrise Communications for CHF5bn (£4. 2bn) in cash, or CHF110 per share.
Empire Metals to acquire controlling stake in WA gold mining licence
Exploration and development company Empire Metals has entered into an option agreement to acquire a 75% interest in Western Australia's high-grade Eclipse gold mining licence from Philips Exploration.
M&G profit drops but dividend cheers investors
M&G's first-half profit more than halved as the savings and investments company suffered fund outflows but a chunky interim dividend pleased investors.
Admiral reinstates special dividend as H1 profit beats views
Admiral reinstated its special dividend on Wednesday and reported a jump in first-half profit after motor claims fell as drivers stayed home during the coronavirus lockdown.
Covid-19 lockdowns boost Just Eat earnings
Just Eat Takeaway said on Wednesday that its first-half earnings and revenue grew as it benefited from coronavirus lockdowns.
7digital inks music platform-as-a-service contract with Triller
Digital music solutions group 7digital has signed a new contract with Triller as part of an effort to power the world's fastest-growing social music video app with its music platform-as-a-service offering.
Europe open: Markets shrug off UK GDP horror; Sunrise deal provides boost
European shares shrugged off UK recession woes and weaker closes on Wall Street and Asia on Wednesday, opening higher as Liberty Global's takeover of Sunrise Communications boosted sentiment.
Asos shares surge as FY profits, revenue to beat expectations
Asos shares surged on Wednesday after the online fashion retailer said full-year sales and profit were set to be "significantly ahead" of market expectations thanks to a shift to online shopping during the coronavirus lockdown and as customers return fewer items.
London open: Stocks gain despite dire GDP data
London stocks rose in early trade on Wednesday despite confirmation that the UK economy has fallen into its worst recession on record.
CLS to pay unchanged dividend
CLS said it would pay an unchanged interim dividend as the value of shareholders' assets was boosted by earnings and the weak pound in the first half.
Helios Towers to acquire 1,200 Senegalese sites
Telecommunications infrastructure company Helios Towers has agreed to acquire over 1,200 sites from African mobile operator Free Senegal.
Avast lifts FY guidance as work-from-home drives interims
Cybersecurity firm Avast said full-year organic revenue should be at the upper end of forecasts as it reported a strong first half driven by more people working from home during the Covid-19 lockdown.