Latest News
Greece’s Mytilineos considering secondary London listing
Greek industrial and energy company Mytilineos said on Thursday that it was considering a potential secondary listing on the London Stock Exchange.
US pre-open: Futures lower as Meta guidance disappoints
Wall Street futures were in the red ahead of the bell on Thursday as investors digested disappointing earnings from some of the tech industry's biggest names.
Deutsche Bank Q1 profits boosted by investment banking
Deutsche Bank posted a jump in first-quarter pre-tax profit on Thursday, underpinned by a solid performance from investment banking.
UK retail sales tumble in April - CBI
The UK retail sector was hit by a surprise slump in sales in April, a closely-watched industry survey showed on Thursday.
London midday: FTSE 100 set for new high as earnings impress
A barrage of well-received corporate earnings and potential M&A activity in the mining sector gave London's FTSE 100 a boost on Thursday, with the index once again trading at record highs.
React H1 revenues grow, EBITDA surges
Cleaning firm React Group said on Thursday that revenues and profits had both grown in the six months ended 31 March.
Europe midday: BHP bid for Anglo in focus, but stocks in the red
European shares fell in early trade on Thursday amid a deluge of earnings, trading updates, disappointing results from US tech giant Meta and BHP's $38bn bid for rival mining giant Anglo-American.
Norman Broadbent net fee income drops in Q1
Professional services firm Norman Broadbent said on Thursday that net fee income had dropped in the three months ended 31 March.
Numis cuts Schroders target after Q1 AuM miss
Numis has trimmed its target price for Schroders after first-quarter results from the asset management firm were "a little weaker than expected".
Kromek wins contract with US federal entity
Radiation and bio-detection technology Kromek Group has secured a contract with an unnamed "US federal entity" for the provision of nuclear security products.
Anexo makes Bringloe's CFO appointment permanent
Credit hire and legal services provider Anexo Group has tapped Mark Bringloe to take over as chief financial officer.
Barclays Q1 profits fall 12% as mortgage demand subdued
Barclays Bank reported a 12% fall in first-quarter profit on lower income as customers shopped around for better savings rates and mortgage deals.
Derwent agrees sale of Turnmill EC1 for £77.4m
Derwent London said on Thursday that it has exchanged contracts with investment manager Titan Investors for the sale of its 70,300 sq ft freehold interest in Turnmill EC1 for £77. 35m.
First-quarter sales miss forecasts at Nestle
Shares in Nestle came under pressure on Thursday, after the Swiss food giant missed first-quarter sales estimates.
Sainsburys sees strong profit growth this year on food pivot
UK supermarket chain Sainsbury's said it expected to grow profits by 5-10% this year after delivering better-than-expected earnings for 2023/24.
Wizz Air delivers optimistic outlook as summer trading starts well
Budget airline Wizz Air has said that it is "trading positively" into the summer with operating margins expected to improve this year, as it reported that annual profits for the year ended 31 March would be in line with previous guidance.
Labour lays out plans to renationalise UK's railways
Labour promised to renationalise the UK’s railway network within five years of taking office on Thursday, in a bid to address the system’s challenges without compensating its existing private operators.
Vianet recurring revenues, adjusted underlying earnings rise in FY24
Business intelligence provider Vianet Group said on Thursday that recurring revenues and adjusted underlying earnings had improved in the year ended 31 March, with progress within the unattended retail and hospitality divisions being "particularly strong".
Anglo American surges on £31bn takeover bid from BHP
Anglo American surged on Thursday after it received an unsolicited non-binding and highly conditional £31. 1bn all-share takeover proposal from Australia’s BHP Group - a deal that would create the world’s largest miner and copper producer.
Puretech Health operating losses narrow in 'landmark year'
Biotechnology company Puretech Health said on Thursday that 2023 had been "a landmark year" for the group, making "strong strategic and clinical progress".