Latest News
EasyJet COO Peter Bellew resigns
Easyjet said on Monday that Peter Bellew resigned as chief operating officer on Friday 1 July to pursue other business opportunities.
JP Morgan stays overweight on Glencore, sees China macro alignment for 2H 2022 outperformance
Analysts at JP Morgan sounded a bullish note on the outlook for European Middle East and Africa miners in the back half of 2022.
Strip Tinning secures 'significant' new contracts
Precision components business Strip Tinning has secured a "significant" new five-year nomination with BMW for its glazing division, underlining the firm's position as "a leading supplier" to the sector.
Bitcoin´s price remains under pressure: Voyager Digital halts withdrawals
The cryptocurrency market continues its pessimistic outlook that it signed off the second quarter of the year with and which has carried over into the month of July. After last week's falls, that saw the Bitcoin´s (BTC) price succumb to selling pressure and fall to $18,700, according to data from CoinMarketCap, the digital currency is holding at $19,000, weighed down by bad news from the sector, with other cryptoasset lending companies and funds on the edge of the abyss.
Rolls-Royce to complete sale of Spanish unit in 'weeks' - report
Rolls-Royce is set to complete its €1. 7bn sale of ITP Aero within the next few weeks, it was reported on Monday.
Hipgnosis Songs welcomes CRB's decision in streaming appeal
Intellectual property investor Hipgnosis Songs Fund said on Monday that it welcomes the US Copyright Royalty Board's decision to disallow an appeal by various streaming services against its determination to increase mechanical streaming royalty rates for both songwriters and publishers.
Providence Resources names Alan Curran as interim CEO
Irish energy company Providence Resources has tapped Alan Curran to take over as interim chief executive, effective immediately.
RBC Capital downgrades Dunelm, expects margins to moderate
RBC Capital Markets downgraded homeware retailer Dunelm on Monday to ‘sector perform’ from ‘outperform’ and cut the price target to 950p from 1,400p, saying it expects margins to moderate.
London open: FTSE rallies as oil prices rise
London stocks rose in early trade on Monday, helped along by strength in the energy sector, although trade was expected to be fairly quiet as US markets will be closed for the July 4 holiday.
Asia report: Shares broadly higher in quiet trade
Asian shares were broadly higher on Monday with indices up in all major markets, bar Hong Kong which was slightly lower.
AO World said to be facing cash crunch, shares tank
AO World shares tanked on Monday following a report the online electricals retailer is facing a cash crunch after a leading credit insurer cut cover for suppliers following a deterioration in its finances.
Bigblu makes 'demonstrable progress' in H1
Internet service provider Bigblu Broadband said on Monday that it had made "demonstrable progress" across all geographies and business units in the six months ended 31 May, leading to growth in both revenues and underlying earnings.
RBC Capital Markets downgrades Pets at Home, shares slide
Pets at Home tumbled on Monday as RBC Capital Markets downgraded the shares to ‘underperform’ from ‘sector perform’ and slashed the price target to 280p from 330p, partly on valuation grounds.
Wandisco secures $5m IOT contract
Software firm Wandisco has won a new internet-of-things contract with an unnamed "large European automotive components supplier".
Spirax-Sarco in exclusive talks to buy Vulcanic
Thermal energy management specialist Spirax-Sarco Engineering has entered into exclusive negotiations to buy Vulcanic from French private equity group Qualium for €261. 7m (£225. 5m) on a cash and debt-free basis.
Ryanair passenger numbers surge in June
Budget airline Ryanair reported a 203% jump in June traffic on Monday.
London pre-open: Stocks seen up but volumes set to be quiet amid US holiday
London stocks were set to gain at the open on Monday following a mostly positive session in Asia, but volumes were expected to be thin with US markets closed for the 4th July holiday.
Grafton CEO to step down, Wizz Air passenger numbers almost treble
London pre-open The FTSE 100 was being called to open 70. 9 points higher ahead of the bell after closing 0. 01% lower on Friday at 7,168. 65.
Inland Homes achieves practical completion of High Wycombe project
Housebuilder Inland Homes has achieved practical completion of the land and build sale of 85 units at Buckingham House, High Wycombe to an unnamed "Build-to-Rent" operator.
Supermarket Income REIT buys four properties for £83m
Supermarket Income REIT said it had bought four properties for a total of £83m.