News And Announcements
Oil price helps boost quarterly earnings at Schlumberger
Schlumberger reported a jump in earnings on Friday, as the soaring oil price helped fuel demand for oilfield services.
Netflix shares plummet on warning of weaker growth
Shares in Netflix plunged 20% in pre-market trading on Friday, after the streaming giant warned that subscriber growth would slow this year.
Primark to axe 400 manager roles
Fashion retailer Primark is to axe 400 UK roles as it looks to simplify its management structure.
Serbia pulls plug on Rio Tinto's $2.4bn lithium project
Shares in Rio Tinto fell in both London and Australia on Friday, after Serbia revoked the miner’s lithium exploration licences.
Europe open: Shares slump on weak US earnings, rate rise fears
European stocks slumped at the start of the final session of the week in line with sell-offs in the US and Asia overnight triggered by rate rise fears and poor corporate results.
HgCapital makes additional investment into Lyniate
Private equity firm HgCapital said on Friday that it will make an additional investment into healthcare data interoperability firm Lyniate.
Close Brothers sees 'good momentum' in five months to 31 December
Merchant banking group Close Brothers said on Friday that it had performed well in the five months ended 31 December, with good loan book growth at strong margins in its banking unit and continued growth momentum in its asset management division despite a moderation in trading income in its Winterflood arm since the end of the 2021 financial year.
4imprint FY revenues surge, pre-tax profits seen at upper end of forecasts
Promotional products business 4imprint Group said on Friday that full-year unaudited group revenues had shot up in 2021, pushing pre-tax profits towards the upper end of analysts' forecasts.
Ninety One AuM rises to £141.7bn at December 31
Investment company Ninety One on Friday said assets under management at December 31 had risen to £141. 7bn compared with £128. 6bn a year earlier.