News And Announcements
UK retail sales start new year on back foot
UK retail sales growth slowed last month, industry data showed on Tuesday, as the festive boost faded.
Gousto cuts valuation after share sale - report
Meal kit delivery service Gousto has reportedly cut its valuation after raising tens of millions of pounds in additional funding to help see it through a volatile economic period.
Man City charged with financial rule breaches by Premier League
Britain's Premier League has charged Manchester City Football Club with more than 100 breaches of its financial rules after a four-year investigation.
Family unveils plans to take Rothschild & Co private
The Rothschild family is planning on taking its Paris-listed investment bank Rothschild & Co private, it emerged on Monday.
Danaher said to be interested in Catalent, shares surge
US life sciences company Danaher Corp. has reportedly expressed takeover interest in contract manufacturer Catalent.
BMW in talks with UK government over £75m grant - report
Germany’s BMW is reportedly in talks with the British government about a £75m grant, which would secure production of electric Minis in the UK.
UK new car registrations jump in January
New car registrations jumped in January, industry data showed on Monday, despite ongoing supply chain pressures.
BoE's Mann says further rate hikes more likely than not
Bank of England rate-setter Catherine Mann said on Monday that further interest rate hikes are still more likely than not.
Dell to axe 6,650 jobs - report
Dell Technologies is planning to axe around 5% of its global workforce, it was reported on Monday, making it the latest big tech firm to cut jobs.
Playtech takes Caliplay disagreement to court in England
Software firm Playtech has taken its ongoing dispute with Mexican gaming operator and joint venture partner Caliente to court in England.
Bonhill gets $6.6m offer for InvestmentNews
Bonhill said on Monday that it has received a non-binding $6. 5m (£5. 4m) cash offer for InvestmentNews from an unnamed US media buyer.
Newmont launches $17bn bid for Australia's Newcrest
Newmont Mining has launched a $17bn all-share bid for Australian rival Newcrest in an attempt to create the world’s biggest gold mining company.
Just Group targets unchanged under IFRS 17
Just Group said on Monday that under IFRS 17 accounting standards, it remains committed to targeting 15% growth in underlying operating profit a year over the medium term.
TRIG refinances RCF, increases to £750m
Investment trust The Renewables Infrastructure Group said on Monday that it has refinanced and increased its multi-currency revolving credit facility.
Plus500 secures UAE licence
Online trading platform Plus500 said on Monday that it has secured a licence from the Dubai Financial Services Authority in "the significant and high growth market" of the United Arab Emirates (UAE).
3i Infra in share placing
International infrastructure investor 3i on Monday said it planned to raise cash to pay down debt and finance new deals.
Croda acquires South Korean biomaterials firm
Chemicals company Croda has agreed to acquire biomaterials firm Solus Biotech for KRW 350. 0bn (£232. 0m) one a cash and debt-free basis.
Vesuvius hit by cyber attack
Molten metal flow engineering and technology firm Vesuvius said it had been hit by a cyber attack involving “unauthorised access” to its systems.