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Greene King's consumer and cost worries overshadow pub profits
First half profits at Greene King bubbled higher thanks to tasty organic growth and the first seven weeks from the acquired Spirit pubs business, but the brewer served up a side order of caution about rising consumer and cost pressures.
Zoopla announces Technicweb acquisition as FY profit and revenue rise
Zoopla reported a rise in full-year profit and revenue and announced the acquisition of estate agency website design and hosting business Technicweb.
AFC Energy partners with Peel Environmetal for hydrogen fuel cell test
Fuel cell power company AFC Energy has teamed up with Peel Environmental to assess the techno-feasibility of a hydrogen fuel cell precinct, which is consistent with the government's Northern powerhouse initiative.
Anglo Asian's mine cuts costs by connecting to grid
Anglo Asian Mining’s Gedabek site has been connected to the Azerbaijan national power grid in order to use cheaper power from diesel generators and enable it to expand production.
German unemployment drops as expected in November
German unemployment fell as expected in November, while the unemployment remained stable, according to data released by Destatis.
Donald Tusk rejects MPs claims for protection of British citizens living in EU
European Council President Donald Tusk has rejected a notion from lawmakers in the United Kingdom about protection being offered to British citizens living in Europe following Brexit.
Former Goldman Sachs partner Mnuchin expected to be Trump's pick for treasury secretary
US president-elect Donald Trump is expected to pick Steven Mnuchin as his treasury secretary, according to a report from the New York Times.
Linde surges as it confirms Praxair merger approach
Shares in Linde AG surged on Wednesday after the German industrial gases company confirmed that it has received a revised proposal regarding a potential merger of equals with US rival Praxair Inc.
Brewin Dolphin profit drops but FY results beat expectations
Wealth management company Brewin Dolphin reported a drop in pre-tax profit for the year to the end of September, but the results were better than expected.
Deutsche Bank cuts Croda to 'hold' from 'buy'
Deutsche Bank has downgraded its rating on Croda International to ‘hold’ from ‘buy’ and cut its target price to 3,600p from 3,300p, citing subdued growth in 2016.
IG in line with expectations after 'strong' Q2
Online financial trader IG Group is trading in line with expectations after a “strong” second quarter.
RBS fails stress tests, Barclays and StanChart stumble over hurdles
Royal Bank of Scotland has been forced to submit plans to improve its capital position after failing the Bank of England's annual stress tests, while rivals Barclays and Standard Chartered stumbled over some hurdles but not badly enough to require raising new funds.
LondonMetric earnings rise, but NAV slips
FTSE 250-listed investment group LondonMetric Property’s interim earnings and dividend increased, but its net asset value slipped as it focuses on the distribution sector.
Solid performance in carbonated drinks lifts Britvic profit
Profit and revenue at drinks maker Britvic rose in the 53 weeks to 2 October as the carbonated drinks division put in a solid performance.
RPC Group achieves record half year profit
Plastic products maker RPC Group achieved record half year revenue and profit on the back of its so-called ‘Vision 2020’ strategy.
Europe open: Stocks edge higher as oil rallies
European stocks edged higher in early trade as oil prices rallied ahead of the OPEC meeting.
UK consumer confidence falls further in November, GfK says
Consumer confidence in the UK fell further in November amid worries about the impact of the Brexit vote, according to the latest survey from market research firm GfK.
Sage Group beats forecasts in first year of new growth strategy
Accounting software company Sage Group’s annual revenues and earnings were slightly higher than forecast as it implemented the first phase of its growth strategy.
London open: Stocks nudge up as investors eye OPEC; banks in focus
Stocks in London were just a touch firmer in early trade as investors digested the results of the latest Bank of England stress tests and kept an eye on the OPEC meeting in Vienna.
Playtech founder sells £329m of shares in discounted placing
Playtech founder Teddy Saggi has pocketed almost £329m after he sold 12% of the company's shares at a discounted price, upping the size of the placing after receiving strong level of interest from institutions.