Latest News
Nyota Minerals looks to reverse takeover of BigDish
Nyota Minerals has concluded negotiations that will see BigDish Ventures Ltd provide debt funding to it. The companies would also work towards agreeing a reverse takeover of BigDish Ventures by Nyota.
HSBC upgrades Halfords to 'buy' but cuts earnings estimates
HSBC upgraded Halfords from ‘hold’ to ‘buy’ on Tuesday but lowered its price target to 375p from 395p.
US pre-open: Stocks seen slightly higher; retail sales data eyed
US futures pointed to a slightly firmer open on Wall Street amid rallying oil prices, as investors looked to the release of manufacturing and retail sales figures.
Warren Buffett invests in four biggest US airlines
Berkshire Hathaway chairman Warren Buffett has revealed the closely followed investment company bought shares in the four largest US airlines, having avoided the sector in years following a bad previous investment.
Russian economy minister arrested in bribe investigation
Russia's economic development minister Alexei Ulyukayev was arrested overnight in a sting operation after being accused of accepting a £1. 6m bribe over a deal involving Rosneft.
Enterprise Inns serves up results in line with last year
Pub owner Enterprise Inns announced its results for the year to 30 September on Tuesday, with EBITDA before exceptional items of £292m, down slightly from £296m a year earlier, which was in line with expectations and reflecting the impact of planned disposals.
UK govt unveils planned route for second phase of HS2; awards contracts
The UK government has published the route for the second phase of the HS2 rail line from Crewe to Manchester and the West Midlands to Leeds.
Eurozone GDP steady at 0.3% in third quarter, as expected
Eurozone economic growth held steady in the third quarter, according to a flash estimate by Eurostat.
German investor confidence improves more than expected in November
German investor confidence improved more than expected in November, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.
Totally completes £400,000 acquisition of physiotherapy centre
Totally has completed the acquisition of Optimum Sports Performance Centre, a provider of physiotherapy services, for up to £0. 65m, which is part of the AIM-listed company’s 'buy and build' strategy.
Vodafone hails solid European trading to offset tougher India
An encouraging performance in Germany and Italy lifted first-half trading at Vodafone slightly above the telecoms giant's expectations, offsetting a more competitive market in India.
Societe Generale upgrades Pearson to 'buy'
Societe Generale has upgraded Pearson’s stock from ‘hold’ to ‘buy’ and maintained its price target of 1,030p, noting an upside of 37%.
WANdisco wins contract for its Amazon cloud solution
Cloud software provider WANdisco has won a contract with gaming company Playtika for its Amazon S3 cloud solution, via Amazon’s web service marketplace.
Asia report: Markets mixed as investors look to Fed
Markets in Asia finished mixed on Tuesday, with the greenback leading global traders as expectations for a rate rise from the Federal Reserve in December increasing.
Obama reassures Nato on Trump commitment to cooperation
Outgoing United States president Barack Obama has rushed to reassure Europe and the world that Donald Trump remains committed to the North Atlantic Treaty Organisation alliance.
BP to put Deloitte forward as auditor
Oil giant BP intends to put Deloitte forward as its auditor at its annual general meeting in 2018 following a competitive audit tender.
EasyJet FY profit slumps on Brexit, currency headwinds
Budget airline EasyJet reported a drop in profit and revenue for the year to the end of September and cut its dividend as it took a hit from terrorist attacks and as the UK’s decision to leave the European Union made the euro more expensive for British travellers over the summer.
Credit Suisse cuts Vedanta Resources to 'underperform' on valuation
Credit Suisse cut its stance on Vedanta Resources to ‘underperform’ from ‘neutral’ on valuation grounds and fading earnings momentum.
EG Solutions wins £1.3m contract with retail energy supplier
Back-office software company EG Solutions has won its first mobile and multilingual contract with a retail energy company, worth £1. 3m.
Tesco enjoys best growth in three years, Kantar data shows
Tesco growth rate in the last three months is fastest in three years, according to research by Kantar Worldpanel published on Tuesday, while big rivals Sainsbury's, Asda and Morrisons all declined.