News And Announcements
Britain's competition regulator has said Microsoft’s planned acquisition of Activision Blizzard would reduce choice for gaming consumers who use competing Xbox and Sony Playstation consoles.
Anglo American said on Wednesday that it has agreed to buy a 9. 9% minority interest in Canada Nickel, which owns the Crawford nickel project in Ontario, for an undisclosed sum.
UK housebuilder Barratt cut its dividend as the housing market started to cool down in response to rising interest rates and mortgage costs.
Next said on Wednesday that it has appointed Jeremy Stakol as non-executive director, putting him in charge of boosting the clothing and homeware retailer's online sales.
Shipping giant AP Moller-Maersk issued a profit warning on Wednesday due to a slump in container volumes and freight rates.
US pharmacy chain CVS Health said on Wednesday that it has agreed to buy Oak Street Health in a $10. 6bn all-cash deal.
Drax Group has insisted that the UK’s electricity supply will not be affected after workers voted in favour of industrial action.
Interdealer broker TP Icap has reportedly ditched talks about a sale of its data division, Parameta, despite coming under pressure to return more cash to investors.
Renold said on Wednesday that full-year profits were set to be ahead of current market expectations following strong trading since the interim results in November.
Societe Generale reported a slide in fourth-quarter income on Wednesday, after the French lender boosted provisions for bad loans.
Tools and equipment hire services company Speedy Hire has launched an investigation after uncovering a deficiency in the net book value of its hire equipment.
PZ Cussons reiterated its full-year outlook on Wednesday, despite the "challenging" economic climate, following a jump in interim revenues.
Women’s online fashion brand Sosandar said on Wednesday that it plans to raise £4. 5m in a placing to accelerate the execution of its omni-channel strategy through further investment in stock.
Media firm operator Future expects to deliver full-year adjusted operating profits looked set to be in line with expectations, thanks to the diversification of its revenue streams and content verticals so far this year.
Private housing provider and developer Grainger reported a strong rise in rental growth as it cashed in on a shortage of supply against higher demand.
Emerging markets asset manager Ashmore posted a drop in first-half profits on Wednesday as it pointed to "subdued" risk appetite in the face of several global macro and geopolitical headwinds.
Transport operator FirstGroup has agreed to buy Essex-based bus company Ensignbus for an undisclosed sum.
Sales and marketing firm DCC said on Wednesday that third-quarter group operating profits were in line with expectations and ahead of the prior year.
Lloyd's of London insurer Beazley said on Wednesday that it has named a former Phoenix Group chief executive as its next chair.
Corrugated packaging company Smurfit Kappa reported a rise in full-year profit and revenue on Wednesday and lifted its final dividend, as it said that inflation had moderated in the latter part of the year.