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'Stop moaning' during crisis, KPMG boss tells staff
KPMG's UK boss has apologised after telling consultants to "stop moaning" and behaving like victims about the impact of Covid-19 on their working lives.
Toople signs contract with engineering company
Toople said it signed a contract to provide unified telecoms to an engineering company with global reach.
Dunelm reinstates dividend as online sales drive first-half profit rise
Homewares retailer Dunelm resumed dividend payments and reported a rise in first-half profits driven by higher online sales as tougher Covid-19 lockdown restrictions closed its stores.
Applegreen financial plan approved for NY State Thruway lease
Petrol forecourt operator Applegreen updated the market on the conditional lease signed by Empire State Thruway Partners with the New York State Thruway Authority (NYSTA) on Wednesday.
Nuformix seeks chairman as Blackwell quits after a year
Chris Blackwell has quit as Nuformix's chairman a year after taking the job at the drug development company.
Canaccord Genuity raises target price on National Express
Analysts at Canaccord Genuity raised their target price on public transport provider National Express from 255. 0p to 330. 0p on Wednesday, stating it was "increasingly confident" that the firm's financial performance will "largely return to normal" in 2022.
Heineken to cut 8,000 jobs due to pandemic crisis
Dutch drinks group Heineken said it was cutting 8,000 jobs in an attempt to save €2bn over two years and restore margins as the coronavirus pandemic hammered profits.
RWS pleased with first quarter as SDL integration continues
Language services and technology company RWS said on Wednesday that its main business had delivered “excellent” first quarter results, with revenue growing and adjusted profit before tax rising at a “significant” double-digit percentage.
Barclays reiterates 'underweight' on Ocado
Barclays reiterated its ‘underweight’ rating on shares of online supermarket Ocado as it said it was disappointed and surprised that "2020 did not see any new deals inked".
SocGen tumbles to full-year loss
Société Générale has tumbled to a full-year loss, the French bank revealed on Wednesday, after the Covid-19 pandemic weighed heavily.
Asia report: Most markets higher as China consumer prices fall
Most markets in Asia closed higher on Wednesday, with stocks in China leading the gains, as investors digested the latest inflation data from the world’s most populous economy.
German inflation rockets as sales tax holiday ends
German inflation rose sharply in January, official data showed on Wednesday, after the country’s sales tax holiday came to an end, pushing up prices.
IP Group's North American platform raises another $50m
Intellectual property-based business developer IP Group announced on Wednesday that its North American platform, IP Group, Inc. , has secured an additional $50m (£36. 5m) of funding, including $40m from a new US blue-chip institutional investor.
Peel Hunt starts coverage of Dr Martens at 'hold'
Broker Peel Hunt initiated coverage of Dr Martens on Wednesday with a ‘hold’ rating and 475p price target, as it said the company embodies everything it looks for in a brand.
PureTech sells down Karuna stake as Vor closes IPO
Clinical-stage biotherapeutics commercialisation company PureTech Health announced on Wednesday that its founded entity Vor Biopharma has closed its initial public offering at a price of $18 per share.
Apollo Global places 22.7m Watches of Switzerland shares
Watches of Switzerland fell on Wednesday after Apollo Global Management placed as many as 22. 7 million shares in the company.
China consumer prices drop as services suffer
China consumer prices unexpectedly fell in January, reversing an increase the previous month, official figures showed.
Safestyle expects FY loss despite profitable H2
Windows and doors manufacturer Safestyle said on Wednesday that it expects to report a loss for the year ended 31 December despite returning to profit in the second half.
Starcom swings to a FY loss as both margins and revenues contract
Asset tracking solutions provider Starcom said on Wednesday that it had swung to a loss in 2020 as both margins and revenues contracted during the year.
London open: Stocks edge up as Smurfit, Dunelm results impress
London stocks edged a little higher in early trade on Wednesday as investors sifted through results from the likes of Smurfit Kappa and Dunelm.