Latest News
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".
Renewi on track to meet full-year expectations
Recycling specialist Renewi reiterated full-year guidance on Thursday, following "strong" performances in a number of divisions.
Moonpig tumbles after discounted share placing
Moonpig tumbled on Thursday after a number of shareholders placed around 25m shares in the company at 160p each, which is a discount of just under 10% to the closing price a day earlier.
Asia report: Markets finish mixed ahead of US GDP reading
Asia-Pacific markets closed with mixed results on Thursday following two consecutive days of gains, in line with movements on Wall Street.
Senior wins five-year contract with Spirit AeroSystems
Engineering and manufacturing business Senior has secured a contract extension with Spirit AeroSystems for the supply of large diameter precision formed and machined structural components for Boeing aircraft programmes.
Empire Metals upbeat on lab results from Pitfield Project
Empire Metals unveiled analytical lab results from an initial 18 reverse circulation (RC) drillholes at the Pitfield Project in Western Australia on Thursday.
Germany consumer sentiment picks up - GfK
German consumer sentiment has continued to strengthen, a closely-watched survey showed on Thursday.
AstraZeneca blows past analysts' estimates for Q1
AstraZeneca posted better-than-expected revenues and profit for the first quarter of 2024 with both the company and analysts highlighting its drug pipeline.
London open: Mining M&A and earnings give UK markets a boost
UK stocks were back in uncharted territory on Thursday morning, on track for its third record closing high of the week after some profit taking the previous session.
Eco Animal Health revenue set to top expectations
Eco Animal Health said in an update on Thursday that, despite initial foreign exchange challenges, its revenue for the year surpassed market expectations, reaching almost £90m, compared to the anticipated £88. 7m.
Relx reaffirms outlook after solid start to year
Business information and analytics specialist Relx reaffirmed its full-year outlook in an update on Thursday, alongside a strong start to the year across all four business areas, driven by an ongoing shift towards higher-growth analytics and decision tools.
Cordel Group inks trial deal with Asia-Pacific railway
Cordel Group announced a deal with a major national railway in the Asia-Pacific region on Thursday, entailing a 12-week paid trial of its forward-facing video solution (FFV) alongside the provision of LiDAR data to explore other potential applications such as vegetation management and clearance assessments.
Drax describes strong first quarter performance
Drax Group reported strong system support and generation performance in a first-quarter update on Thursday, with its expectations for full-year adjusted EBITDA remaining in line with analysts' consensus estimates.