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Go-Ahead changes accounting policy for rail pension schemes
Go-Ahead has changed its accounting policy for rail pension schemes in line with its commitment to transparent reporting and to be consistent with emerging industry practice, a move that has pushed up its statutory profit.
Trump set to appoint Obamacare opponent Price as healthcare secretary
Donald Trump is planning to appoint Georgia congressman and outspoken opponent of Obamacare Tom Price as his health secretary, according to the president-elect's transition team officials.
Europe midday: Stocks edge up but oil prices retreat
European stocks edged higher on Tuesday, recovering from the previous session's losses as data from the European Commission showed eurozone economic sentiment remained steady in November, but gains were capped by worries about oil ahead of the OPEC meeting in Vienna.
Crawshaw sales improve as it gears up for busy Christmas
Crawshaw Group is trading in line with expectations as the fresh meat retailer’s sales improved after it increased focus on marketing and value products, while it gears up for a busy Christmas.
London midday: Stocks slide ahead of OPEC meeting, Italy referendum
London stocks fell on Wednesday as traders erred on the side of caution ahead of an OPEC meeting and Italy’s referendum.
Amazon let over a quarter of UK warehousing this year
Ecommerce giant Amazon rented out over a quarter of warehouse space available in the UK this year, as the US company continues to grow its reputation in the country.
Mosman Oil & Gas hits legal obstacle in acquisition of Pine Mills
AIM listed Mosman Oil & Gas is consulting its lawyers after it was prevented from completing the acquisition of an 80% interest in the Pine Mills oil field in Wood County Texas after one of the other owners exercised a pre-emptive right over the oilfield.
US pre-open: Stocks seen touch higher as oil remains in focus
US futures pointed to a marginally firmer open on Wall Street as investors kept a close eye on oil prices ahead of Wednesday’s OPEC meeting in Vienna.
UK consumer spending could soon dip sharply, economists warn
UK consumer confidence dipped again in November and economists warned this could soon seen consumers tightening their belts and removing a key driver of the economy.
Greencore cuts waiting time on acquisition
Irish food company Greencore has been granted early termination of the applicable waiting period for the company’s pending acquisition of Peacock Foods from the US federal Trade commission.
Nostra Terra on the up as it buys 80% stake in Texas oil field
Shares in AIM-listed Nostra Terra Oil soared on Tuesday, as the explorer announced it had bought an 80% stake in an oilfield in Texas for $1. 02m.
Patisserie Holdings notches up 10th consecutive year of revenue and profit growth
Patisserie Holdings, which owns the Patisserie Valerie brand, reported an 18% rise in pre-tax profit for the year to the end of September as revenue grew and the company said it saw little or no impact on sales from the Brexit vote.
Acal appoints new non-executive chairman
Acal, a supplier of customised electronics to industry, has appointed Malcolm Diamond as non-executive chairman from 1 April 2017.
South Korean president offers to resign amid corruption crisis
South Korean president Park Geun-hye has offered to step down before her term officially ends and called on the country's lawmakers to arrange for her exit.
Eurozone economic sentiment steady in November
The European Commission’s headline economic sentiment index edged up to 106. 5 in November from a revised 106. 4 in October, missing economists’ expectations for a reading of 107. 0.
Asia: Stocks mostly lower amid worries on Italy referendum, OPEC
Asia stocks were mostly lower on Tuesday as investors exercised caution ahead of Italy’s referendum and as oil prices fell on doubts of an OPEC deal to curb production.
Ascential descends despite upbeat update
Ascential said second half trading has remained on track to hit full calendar-year targets, with a good performance in exhibitions, continued mixed results from the publishing arm and encouraging early signs from the acquisition of One Click Retail.
BT must legally separate Openreach, Ofcom rules
Ofcom has ruled that BT must legally separate from its Openreach infrastructure arm due to its failure to satisfy the regulator's competition concerns.
Mortgage approvals continue to bounce from summer low, BoE reveals
UK mortgage approvals and total levels of consumer credit rose more than expectedly in October, according to Bank of England data published on Tuesday.
EasyHotel profit and revenue rise in full year
EasyHotel posted a jump in full-year profit and revenue for the year to the end of September, as it accelerates its development pipeline, with 1,527 rooms now in development.