Latest News
Jefferies downgrades Admiral, Direct Line after Sabre warning
Jefferies downgraded insurers Admiral and Direct Line on Monday after a profit warning from Sabre Insurance last week.
Kazera Global names Gerard Kisbey-Green as chairman
Investment firm Kazera Global revealed on Monday that it has appointed Gerard Kisbey-Green to the role of non-executive chairman.
London open: FTSE gains on positive Asian cues; Euromoney surges on takeover
London's equity markets rose in early trade on Monday, with energy shares pacing the advance.
Derwent London sells Bush House south west wing for £85m
Derwent London said it had sold Bush House, South West Wing WC2, a 103,700 sq ft freehold office building for £85m before costs.
Johnson Matthey to build £80m gigafactory at Royston site
Sustainable technologies group Johnson Matthey will build an £80. 0m gigafactory at its existing site in Royston as part of an effort to scale up the manufacturing of hydrogen fuel cell components.
Direct Line lowers profit outlook after spike in motor claims inflation
UK insurer Direct Line lowered its full-year profits outlook after a spike in motor claims inflation and market volatility.
Deliveroo downgrades FY revenue forecast, cites 'consumer headwinds'
Deliveroo downgraded its full-year revenue guidance on Monday as it highlighted "consumer headwinds" amid the cost-of-living crisis.
Astorg, Epiris to buy Euromoney in £1.6bn deal
Euromoney Institutional Investor has agreed to be bought by a private equity consortium led by France’s Astorg Asset Management for £1. 6bn.
HICL Infrastructure acquires 40% stake in Aotearoa Towers
Infrastructure investor HICL has agreed to purchase a 40% stake in Kiwi passive mobile tower infrastructure owner Aotearoa Towers from Vodafone New Zealand.
Hill & Smith CEO resigns, H1 trading 'positive'
Infrastructure group Hill & Smith said on Monday that chief executive Paul Simmons had stepped down from the role with immediate effect.
WPP acquires Corebiz, Direct Line revises combined operating ratio target
London pre-open The FTSE 100 was being called to open 38. 4 points higher ahead of the bell on Monday after closing out the previous session 1. 69% stronger at 7,159. 01.
London pre-open: Stocks seen up on positive Asian cues
London stocks were set to rise at the open on Monday following a positive session in Asia.
Monday newspaper round-up: Gambling, Amazon Fresh, business loans
Loot boxes in video games will not be banned in the UK, despite a government consultation finding evidence of a “consistent” association between the features and problem gambling. Loot boxes have attracted comparison with gambling because they allow players to spend money to unlock in-game rewards, such as special characters, weapons or outfits, without knowing what they will get. - Guardian.
WPP acquires Latin American ecommerce agency Corebiz
Public relations and advertising giant WPP has acquired Latin American ecommerce agency Corebiz for an undisclosed sum as part of an effort to strengthen its digital commerce capabilities in the region.
US close: Major indices trade higher following bank earnings
Wall Street stocks closed higher on Friday as market participants digested more bank earnings.