Latest News
London midday: Stocks in the red; Prudential slumps on capital raise plans
London stocks were still in the red by midday on Thursday as worries about the Covid-19 pandemic and the vaccine rollout dented sentiment.
Europe midday: Shares pare back morning losses, but still lower
European shares pared back losses at lunchtime on Thursday after a sharp sell-off on Wall Street as investors continued to fret about more contagious variants of the coronavirus.
Musk says Tesla Semi ready for production; Flags battery cell shortage
Tesla chief executive Elon Musk said engineering work on the company's Semi truck was complete and it was ready for production, but added that the lack of battery cells was still an issue.
RBG Holdings sees FY revenues and EBITDA ahead of expectations
Professional services firm RBG Holdings said on Thursday that both full-year revenues and underlying earnings were expected to exceed analyst expectations.
Green groups call on Carney to raise concerns over carbon offsetting blueprint
Leaders of two UK environmental charities have raised concerns over a blueprint for carbon offsetting with former Bank of England governor and now UN climate envoy, Mark Carney.
Revenues slide at Joules as Covid-19 shuts stores
Joules Group reported a slide in sales on Thursday after the pandemic shut its stores for ten weeks during the first half.
Asia report: Markets fall on back of Wall Street losses
Markets in Asia were lower across the board on Thursday, following Wall Street’s lead, as bourses in the US plunged overnight.
Tribal Group annual recurring revenues on the rise
Software and services firm Tribal reported a strong full-year sales performance on Thursday, resulting in annual recurring revenues increasing 12% to £47. 5m.
EasyJet cuts Q2 capacity on new Covid restrictions as revenues plunge
Budget airline easyJet said it expected to fly no more than 10% of 2019 capacity in the second quarter as tighter coronavirus restrictions triggered an 88% slump in revenue for the three months to December 31.
Aston Martin revamps board as overhaul continues
Aston Martin Lagonda has revamped its board in the latest move by the luxury carmaker to overhaul leadership and performance.
Mitie Q3 revenues come in ahead of expectations
Facilities management firm Mitie said on Thursday that third-quarter organic revenues had come to £573. 9m, 6. 7% ahead of the same period last year.
Fever-Tree toasts forecast-beating revenues, shares rise
Drinks company Fever-Tree said full-year revenues would come in ahead of expectations following a "resilient" performance in 2020.
Lidl swings to FY loss on store expansion, hiring spree
German discount supermarket Lidl’s UK unit on Thursday reported a sharp full-year loss after investing in staff and logistics.
Improving global demand boosts quarterly revenues at Tate & Lyle
Tate & Lyle reported improved third-quarter revenues on Thursday, boosted by strengthening global demand, and forecast final profits "modestly" up on the previous year.
Wizz Air swings to third-quarter loss amid Covid restrictions
Hungarian low-cost airline Wizz Air said on Thursday that it swung to a loss in the third quarter as revenues were dented by Covid-related restrictions.
Workspace occupancy, enquiries decline in Q3
Office space provider Workspace said on Thursday that occupancy and enquiries fell in the third quarter, although there were signs that things are beginning to improve.
Kaz Minerals FY copper production ahead of guidance
Mining outfit Kaz Minerals said on Thursday that full-year copper production was 2% above guidance, driven by a strong performance across all divisions.
Apax Digital agrees to sell Signavio to SAP
Apax Global Alpha revealed on Thursday that partner company Apax Digital Fund had agreed to sell portfolio company Signavio to SAP, subject to customary closing conditions.
Airtel Africa pays £140m to renew Nigeria licences
Airtel Africa has paid £140m to renew spectrum licences in Nigeria for 10 years, underpinning the company's business in its biggest market.
Europe open: Shares fall after Covid woes spark Wall St sell-off
European shares fell on Thursday morning after a sharp sell-off on Wall Street as investors continued to fret about more contagious variants of the coronavirus.