News And Announcements
BP profits surge to record $27bn, unveils $2.75bn share buyback
BP more than doubled annual profits to a record $27. 6bn as the Ukraine war in sparked higher gas prices, fuelling more calls for tougher taxes on the sector as consumers face a 40% rise in bills this April.
Postal strikes called off after legal challenge
UK postal workers have called off a strike scheduled for later this month after a legal challenge from Royal Mail, the Communication Workers Union (CWU) said on Tuesday.
Bitcoin miners Hut8, US Bitcoin agree all-share merger
Canadian bitcoin miner Hut 8 Mining and US Bitcoin have agreed to merge in an all-share deal.
React Group posts rise in FY profits, revenues
Specialist cleaning, hygiene and decontamination company React Group reported a jump in full-year profit and revenue on Tuesday as it struck a positive note on the outlook.
Major Liberty Steel customer goes into administration - report
A major customer of Liberty Steel has reportedly been forced to call in administrators.
Zinc Media FY EBITDA, revenues seen ahead of market views
Zinc Media surged on Tuesday after it said full-year revenue and adjusted EBITDA were set to be ahead of current market expectations following a strong performance in the fourth quarter.
Mattioli Woods hails 'resilient' performance as H1 profits rise
Wealth and asset management business Mattioli Woods hailed a "resilient" performance on Tuesday as it posted a rise in first-half profits.
Syncona NAV falls in Q3
Healthcare company Syncona said on Tuesday that net assets had fallen in the three months ended 31 December, principally due to the declining value of its quoted holdings and foreign exchange fluctuations.
Auction Technology acquires Vintage Software in $40m deal
E-commerce service Auction Technology Group has acquired US estate sales listing site Vintage Software in a deal valued at $40. 0m.
Morgan Advanced Materials warns on FY profits as cyber attack weighs
Manufacturing company Morgan Advanced Materials warned on Tuesday that full-year operating profits will be approximately 10% to 15% below previous expectations as it continues to manage the consequences of a cyber security incident that saw the company uncover unauthorised activity on its network back in January.
Ukraine court grants order to freeze Ferrexpo unit bank accounts
Iron ore pellet maker Ferrexpo said Ukrainian courts have granted an order to freeze bank accounts belonging to one of its subsidiaries in the war-torn country over alleged royalty underpayments.