News And Announcements
3i Infrastructure raises £100m in placing
3i Infrastructure has raised £100m through a share placing, the Jersey-based investment trust confirmed on Friday.
Bonhill to sell UK, Asia businesses to MA Financial Media for £6.5m
Bonhill said on Friday that it has agreed to sell its UK and Asia businesses to MA Financial Media, a member of the Mark Allen Group, for £6. 5m in cash.
Barclays in row over Tech Nation staff
Banking giant Barclays has come head-to-head with Tech Nation over whether or not it should be forced to absorb dozens of staff under regulations designed to protect workers when their employer is taken over.
ASOS names Sean Glithero as new CFO
UK fast fashion retailer ASOS said it had appointed former Matchesfashion chief financial officer Sean Glithero as its new interim CFO.
UK trade deficit widens
The UK trade deficit widened sharply in December, official data showed on Friday, following a spike in gas prices.
Shares slide as Adidas warns on profits
Shares in Adidas fell sharply on Friday after the sportswear giant issued its fourth profits warning in less than a year.
First Abu Dhabi not evaluating offer for Standard Chartered
First Abu Dhabi Bank reiterated on Friday that it was not evaluating a possible offer for Standard Chartered.
Saga in talks with Australia's Open Insurance over sale of underwriting arm
Saga confirmed on Friday that it is in exclusive discussions with Open Insurance Technologies over the potential sale of its underwriting business, Acromas Insurance Company limited (AICL).
Lancashire pre-tax losses narrow despite negative FY investment return
Insurance firm Lancashire Holdings said on Friday that it had narrowed full-year pre-tax losses as gross premiums written increased over the twelve months ended 31 December.
GSK's endometrial cancer treatment receives full FDA approval
Drugmaker GSK's mismatch repair-deficient recurrent or advanced endometrial cancer treatment has been granted full approval by the Food and Drug Administration.
Victrex sees softer volumes, weaker end markets in Q1
Polymer products maker Victrex held full-year guidance but said volumes had been softer during the first quarter with ongoing weakness in several of its end markets as it reported a rise in revenue.
FirstGroup South Western rail franchise extended for two years
FirstGroup said it had been granted a two-year extension for its South Western Railway franchise, by the UK government.