Latest News
Petra Diamonds FY production, sales rise
In a trading update for the year ended 30 June, Petra Diamonds said revenue was up 1% to $430. 9m, mainly due to an increase in volumes sold, even as diamond prices fell 6% on the year.
Asia report: Markets mixed as Nintendo loses Pokemon sheen
Markets in Asia ended mixed on Monday, as the sheen came off Nintendo and traders kept an eye to upcoming central bank meetings in Japan and the US.
Rank and 888 turn tables in joint approach for William Hill
Rank Group and 888 Holdings have begun talks about a £3bn joint takeover approach for struggling high street bookmaker William Hill.
German business confidence stronger than expected in July
German business confidence for July came in stronger than expected, according to a widely-followed survey.
G4S raised to 'sector perform' by RBC Capital
RBC Capital Markets raised its rating on G4S to ‘sector perform’ from ‘underperform’ on Monday and reiterated a target price of 170p for the security giant.
Image Scan receives significant order from Asia
Image Scan said on Monday that it has received a “significant” further order for its ThreatScan-LS1 portable X-ray system.
Europe open: Stocks little changed ahead of busy week; Ryanair flies higher
European stocks were little changed in early trade as investors sifted through more corporate news ahead of rate announcements by the Federal Reserve and the Bank of Japan later this week.
London open: FTSE flat ahead of busy reporting week
London stocks began the week in rather indecisive fashion as investors mull meetings this week from the Federal Reserve and the Bank of Japan and eye a busy week of corporate earnings reports.
Cranswick Q1 sales up, sells sandwich business
FTSE 250 food producer Cranswick said it has made a positive start to the year, with first-quarter revenue ahead of 2015, as it announced the sale of its sandwich business to Greencore.
Hiscox earnings soar thanks to currency gains and robust retail
Insurer Hiscox increased gross written premiums and enjoyed surging profits and earnings thanks to sizeable currency gains.
HICL invests £29m in quarter, remains cautious after referendum
Infrastructure investment firm HICL Infrastructure Company issued its quarterly update statement on Monday, for the period from 1 April to 24 July.
Issues at Tongon force Randgold to downgrade targets
Randgold Resources announced on Monday that its Tongon mine in Cote d’Ivoire has completed the final phase of its crusher expansion and mill circuit upgrade project, though recent issues had forced it to downgrade production targets.
Aberdeen posts rise in assets under management
FTSE 250 fund manager Aberdeen Asset Management reported a rise in third-quarter assets under management on Monday.
Greencore acquires The Sandwich Factory from Cranswick
Greencore has acquired The Sandwich factory from Cranswick for up to £15m, which will be funded from existing debt facilities.
Hammerson rental income up while profit halves
Hammerson posted its half-year report for the six months to 30 June on Monday, with net rental income improving 5. 1% to £167. 7m during the period, or 2. 1% on a like-for-like basis.
London pre-open: Stocks seen flat as investors eye central bank meetings
London stocks were expected to open flat on Monday as investors eye meetings this week from the Federal Reserve and the Bank of Japan.
Rank Group and 888 show interest in William Hill, Hammerson rental income up in first half
London open.
Newspaper round-up: Brexit blueprint, G20, BHS, oil surplus
The Government will aim to outline a Brexit blueprint "later this year", according to the Chancellor, in a move that he said would send a "reassuring signal" to businesses and markets. Global finance chiefs warned on Sunday that the UK's decision to leave the EU had raised the risks facing a world already in danger of slipping into a low growth trap. - Telegraph.