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Latest News
14 May
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Delivery Hero shares surge as Uber buys Taiwan business for $950m

Shares in Delivery Hero surged by more than 20% after it agreed to sell its Foodpanda delivery business in Taiwan to ride-hailing giant Uber for $950m.

14 May
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Asia report: Markets mixed as Japan's import prices jump

Asia-Pacific markets saw a mixed performance on Tuesday, influenced by Wall Street's stumble overnight, where the Dow Jones Industrial Average snapped an eight-day winning streak.

14 May
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Unemployment edges higher as job market cools - ONS

Unemployment nudged higher in March, official data showed on Tuesday, in line with expectations, despite wages continuing to grow.

14 May
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Revolution Bars sale process yields no takeover proposals

Revolution Bars Group shares were sinking on Tuesday morning, after the company issued an update on the formal sale process, first announced on 10 April.

14 May
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Shares slide as Midwich warns on profits

Shares in Midwich Group fell sharply in early trading on Tuesday, after the audio visual specialist warned on profits.

14 May
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Currys lifts full-year profit expectations

Electricals retailer Currys lifted its full-year profit expectations on Tuesday as it hailed a return to like-for-like sales growth.

14 May
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FDM trading in line as softer market persists

It professional services provider FDM Group said in an update on Tuesday that the group had performed in line with the board's expectations in the first four months of the year.

14 May
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Flutter confident despite wider quarterly net loss

Flutter reported a net loss of $177m in its first quarter on Tuesday - a $66m increase year-on-year, which it attributed to non-cash charges of $356m.

14 May
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Hochschild Mining delivers commercial production in Brazil

Precious metals miner Hochschild Mining has achieved commercial production at the Mara Rosa gold mine in Brazil, a "significant milestone" that has been hit ahead of schedule.

14 May
Europe open: Shares flat but Delivery Hero surges on Taiwan sale

European shares were flat at the open on Tuesday as investors digested UK employment and pay data, while on the corporate front shares in Delivery Hero surged by a fifth after it agreed to sell its Foodpanda delivery business in Taiwan for $950m to Uber.

14 May
Vodafone FY cash flow better than expected after strong Q4

Troubled telecoms giant Vodafone posted slightly better annual results than forecast, driven by a strong final quarter, as it continued to offload businesses and move towards its tie-up with rival operator Three.

14 May
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Annual profits spark at DCC

Ireland’s DCC reported a jump in annual profits on Tuesday, on the back of strong trading in its core energy division.

14 May
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London open: Stocks nudge up as investors mull jobs data

London stocks were just a touch higher in early trade on Tuesday as investors mulled conflicting UK jobs data.

14 May
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Anglo unveils radical portfolio shake-up after rejecting BHP offer

Anglo American has announced a "major new phase" in its strategy as it makes radical changes to its business structure to drive shareholder returns and save costs, including the divestment or spin-off of its steelmaking coal, nickel, platinum and diamond operations.

14 May
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Headlam warns on profits, cites weak housing market

Headlam slid on Tuesday as it warned on full-year profits, citing a weak housing market and a deterioration in consumer spending.

14 May
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Greggs holds guidance as sales make strong start

UK bakery chain Greggs maintained full year earnings forecasts as underlying sales grew 7. 4% in the first 19 weeks of this year in what it called a “challenging market”.

14 May
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Tritax EuroBox offloads Gothenburg asset as disposals continue

Logistics real estate investor Tritax EuroBox is to sell a Gothenburg warehouse for SEK385m (£28m) as the company continues to dispose of assets to reduce leverage.

14 May
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London pre-open: Stocks seen down as investors mull jobs data

London stocks were set to edge lower at the open on Tuesday as investors mulled data showing the UK jobs market is cooling.

14 May
Vodafone to halve dividend, Flutter posts quarterly net loss

London open The FTSE 100 is expected to open half a point lower on Tuesday, having closed down 0. 22% on Monday at 8,414. 99.

14 May
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Tuesday newspaper round-up: Tesco, OpenAI, housebuilding

Tesco is facing criticism from “shocked” charities who say they are struggling to distribute unwanted food to homeless and hungry people after they claim the retailer brought in rules that mean unwanted food can only be collected in the evening. The supermarket group has switched to a new system which asks charities to pick up unwanted food, such as items reaching their best before date, only in the evening when a store is closing rather than the following morning, the charities have claimed.