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Diageo FY operating profits up on forex, organic growth
Drinks company Diageo served up a strong shot of revenue and earnings growth for the year to 30 June, beating expectations as it was boosted by favourable exchange rates and accelerated organic growth.
Glencore first half copper production falls 9%
Mining conglomerate Glencore said first half own-sourced copper production fell 9% to 642,900 tonnes.
Kaz Minerals reports big jump in H1 copper production
Copper and gold miner KAZ Minerals said first half copper production more than doubled to 118 000 tonnes from 56,300 adding that it was on track to achieve its full-year guidance of 225,000 - 260,000 tonnes.
Mitie says Q1 in line with expectations as revenue up 5.5%
Facilities management company Mitie said first quarter trading was in line with expectations and full year guidance remained unchanged.
Inchcape H1 profits up on stronger revenues
Automotive distributor and retailer Inchcape said first half reported profit before tax rose to £191. 7m from £165m.
Tate & Lyle makes 'encouraging' start to year
Food group Tate & Lyle said it made an encouraging start to the year with profit in constant currency for the first quarter ended June 30 ahead year on year with volume ahead in both divisions.
Emerging markets help Smith & Nephew to H1 profit rise
Medical equipment maker Smith & Nephew said first half operating profit increased to $414m from $357m assisted by growth in emerging markets as it issued unchanged guidance for the full year.
Rentokil increases guidance as weak pound, disposals boost H1
Disposals and the weak pound helped pest control group Rentokil report a 637% increase in first half pre-tax profits to £592. 9m.
UK to ban new diesel, petrol cars by 2040
The UK said it would ban all new petrol and diesel cars and vans from 2040 in an effort to tackle pollution and the risks to public health.
FTSE 250 movers: Tullow gushes on better revenues; Marston's goes flat
Tullow Oil led the FTSE 250 risers as it gushed higher after reporting higher revenues despite swinging to a pre-tax loss in the first half. The numbers were in line with expectations and investors were clearly pleased as the stock rose almost 7%.
Marston's says sales ahead of market
Pub and brewery operator Marston's said like-for-like sales in its destination and premium division were up 1. 3% in the 42 weeks to 22 July.
Compass Q3 organic revenue up 3.9% on strong US performance
Global catering giant Compass said it continued to have a good year with a 3. 9% rise in third quarter organic revenue, boosted by a strong performance in North America.
Hammerson H1 profits boosted by record leasing activity
Retail property developer Hammerson reported a rise in first half pre-tax profits of £289. 7m from £167. 2m boosted by record leasing activity and positive capital value growth helped by high-growth markets in Ireland and premium outlets.
Petrofac wins Iraq work worth $100m
Oil services group Petrofac on Wednesday said it had won a contract extension and a new award with a combined value of more than $100m for construction management, engineering, commissioning and start-up services for two international oil companies in Iraq.
Antofagasta H1 copper production up 7.1%
Chilean copper miner Antofagasta said first half production rose 7. 1% year on year.
Brexit a threat to UK food hygiene, animal welfare standards - report
Britain's food hygiene and animal welfare standards could come under threat from Brexit, an all-party House of Lords committee said on Tuesday.
FTSE 100 movers: Miners shine on copper rise; Provident Financial in the doldrums
Miners dominated the FTSE 100 top 10 risers on Tuesday as rising copper prices added some shine to the afternoon's trading.
Uber, Deliveroo to face questions from select committee again
Senior executives from companies including Uber and Deliveroo will be summoned for more questioning over working conditions by parliament's Business select committee, its new chair said on Tuesday.
UK govt to ban leaseholds on new build houses
The UK government on Tuesday said it would ban builders from selling new homes as leasehold and was considering cutting ground rents to zero to curb a growing national scandal that has seen new property buyers exploited.
Spectris interim profits fall 8% to £37.6m
Instrumentation and controls company Spectris said pre-tax profits fell 8% to £37. 6m in the first half.