Latest News
Fitch reiterates Prudential´s long-term debt rating
A further one-notch downgrade of its rating on the UK´s sovereign long-term debt would not automatically trigger a cut to Prudential´s own rating, Fitch Ratings said in a report in which it also reaffirmed the insurer´s current standing.
Lekoil secures new facility with Sterling Bank
West Africa focused oil and gas exploration and development company Lekoil announced on Thursday the execution of a new debt facility totalling NGN 5bn.
FTSE 250 movers: Broader rebound outweighs ongoing housing rout
The FTSE 250 continued to rally on Thursday alongside its blue chip sibling as a broad-based rebound across sectors outweighed continued softness for housing-related stocks after the Brexit vote.
Eastbridge Investments narrows loss in turnaround year
Eastbridge Investments reported results for the 2015 calendar year on Thursday, and revealed it had significantly narrowed its loss to £0. 43m from a restated £12. 19m in 2014.
Thursday newspaper share tips: Stagecoach, Bunzl
Stagecoach shares are cheap but the company is facing challenges which investors should keep in mind, the Financial Times´s Lex column said.
Getting paid to sleep - The US company that rewards employees for snoozing
A good night's sleep (as well as coffee) is an important requirement for many of us as we try our best to make it through the working day. But for one US firm it's so important that they have started paying their employees more if they sleep more.
Walker Crips' full year profits double
Financial services firm Walker Crips’ full year profits more than doubled, although it raised concerns about Brexit uncertainty.
RM2 quadruples revenues but significantly widens loss
Vertically-integrated pallet developer, manufacturer and supplier RM2 International reported on year in which it quadrupled its revenues on Thursday, reaching $8m compared with $2m a year ago.
Sula Iron & Gold widens loss in 'busy' first half
Sierra Leone-focused multi-commodity exploration company Sula Iron & Gold reported on a “busy” first half on Thursday, with some promising drilling results and a somewhat wider loss in the six months to 31 March.
FTSE 100 movers: 3i rallies but banks and housebuilders slide again
London’s FTSE 100 index was up 0. 2% to 6,373. 43 in afternoon trading, back in the black after a shaky start as investors continued to mull the implications of Brexit.
News Corp to buy TalkSport owner Wireless Group
News Corp has agreed to buy Wireless Group, formerly UTV Media, in a £220. 3m deal.
Friday preview: Brexit, economic data dominate agenda
Away from the Brexit madness, traders will be kept busy with a slate of economic data on Friday.
Lombard Risk signs two more North American banking firms
Integrated collateral management, regulatory compliance and reporting solutions provider Lombard Risk announced on Thursday that it has been appointed by two major unnamed banking firms in North America to supply its COLLINE solution.
Unicredit names ex-investment bank head Mustier as new chief
Struggling Italian lender UniCredit named a former head of its investment bank to the post of chief executive, potentially opening the door to asset sales, according to multiple reports.
Goldman Sachs could move staff out of the UK
Goldman Sachs has said that it still remains a possibility that their staff in the United Kingdom could be moved into continental Europe following Britain's decision to leave the European Union.
ULS Technology pens deal with challenger lender Belmont Green
Provider of online platforms to the UK conveyancing and financial intermediary market, ULS Technology, announced on Thursday that it has signed a five-year agreement with challenger mortgage lender Belmont Green Finance, to provide its proprietary conveyancing comparison technology platform eConveyancer.
US initial jobless claims rise touch more than expected
The number of Americans filing for unemployment benefits rose just a touch more than expected last week, according to the Labor Department.
Emma Priestley confirmed as permanent Goldstone CEO
Gold and base metals exploration and development company Stratex International reported changes to the board of Goldstone Resources - in which it holds a 33. 45% interest - on Thursday.
JP Morgan downgrades Reckitt Benckiser after strong run in share price
Analysts at JP Morgan downgraded their recommendation on shares of Reckitt Benckiser, arguing that the boycott on its goods in South Korea would weigh on the group´s rate of growth in like-for-like sales.
BMW to team up with Intel and Mobileye for driverless car initiative
BMW is planning to announce an initiative together with technology firms Intel and Mobileye which aims to make the German car manufacturer the pioneer in self-driving technology, according to reports.