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(Sharecast News) - GlobalData reported a 12% rise in revenue to £156.5m for the first half of 2025 on Tuesday, and announced a £60m tender offer to return surplus capital to shareholders, as it pressed ahead with its growth transformation plan and prepared to move to a main market listing.
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(Sharecast News) - Smith & Nephew reported robust results for the first half of 2025 on Tuesday, with revenue, profit and cash generation all improving significantly, and unveiled plans for a $500m share buyback to return surplus capital to shareholders.
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(Sharecast News) - London stocks edged higher in early trade on Tuesday following a positive session on Wall Street, helped along by well-received results from the likes of Smith & Nephew, Fresnillo and Diageo.
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(Sharecast News) - Spirent Communications reported a rise in first-half revenue and profit on Tuesday as it hailed a "particularly good" performance in the second quarter of the year and said that trading had been resilient in a challenging market.
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(Sharecast News) - China is urging its electric vehicle industry to stop cutting prices and rein in production amid fears that persistent deflation is imperilling economic growth. In recent months Chinese officials have talked repeatedly of the need to combat "involution" in sectors suffering from overcapacity, such as EVs, referring to the phenomenon of investing more effort and money for diminishing returns. - Guardian
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