Latest News
Chevron earnings fall more than expected in second quarter
Chevron announced a fall in second-quarter earnings on Friday, to $4. 4bn, down from $6bn in the same period last year.
Citi adds Ryanair to ‘Europe Focus List’
Citi added Ryanair to its ‘Europe Focus List’ on Friday and opened a 90-day ‘positive short-term view’.
Vector Capital posts weaker first half, announces tender offer
Vector Capital reported a cautious half-year of new lending on Friday, amid challenging market conditions, as it announced a share buyback offer ahead of its planned delisting from AIM.
Kinovo completes final legacy DCB Kent project
Kinovo announced the completion of the final outstanding legacy project related to its former construction subsidiary DCB Kent on Friday, effectively ending its financial liabilities under parent company guarantees for the projects.
Asia report: Markets tumble on fresh global economic fears
Markets across the Asia-Pacific region experienced significant declines on Friday, driven by heightened recession concerns following a major sell-off on Wall Street.
Orcadian strikes extension deal over loan with Shell
Orcadian Energy announced on Friday that Shell had agreed not to take any action regarding Orcadian's existing borrowings under its loan facility with Shell until 31 August.
HgCapital invests £11.5m in Iberian B2B software firms
HgCapital Trust announced an investment in CTAIMA and E-coordina, two Iberian companies specialising in contractor management, risk, and compliance software, on Friday.
XP Factory trades as expected in first quarter
Experiential leisure operator XP Factory, which operates the Escape Hunt and Boom Battle Bar brands, said in an update on Friday that trading in its first quarter was in line with expectations.
Senior inks contract with Deutsche Aircraft for D328eco
Manufacturing and engineering firm Senior has inked a contract with German original equipment manufacturer Deutsche Aircraft for the design, development and manufacture of the Bleed Air System and the Engine Build Up system for its D328eco aircraft.
RBC Capital reiterates ‘outperform’ on ITM Power
RBC Capital Markets reiterated its ‘outperform’ rating on ITM Power on Friday as it pointed to a "relatively attractive" risk/reward profile.
Aston-Martin Lagonda makes £135m senior secure note placement
Luxury car company Aston-Martin Lagonda has successfully placed senior secured notes totalling approximately £135. 0m, further strengthening its financial position and supporting long-term growth.
Ryanair passenger numbers jump 8% in July
Budget airline Ryanair reported an 8% jump in passenger numbers for July on Tuesday.
ITM Power flags narrower loss than expected in 2024
ITM Power updated its guidance for the financial year ended 30 April on Friday, with an improved EBITDA outlook.
Capita returns to profit in H1 despite revenue decline
Outsourcing company Capita said on Friday that it had returned to profit in the first half of the trading year amid a recommitment to cost-cutting efforts.
Intertek lifts dividend after first-half growth
Intertek reported a solid first-half financial performance on Friday, achieving double-digit growth in operating profit, earnings per share, and free cash flow.
NCC to sell Fox Crypto business for €77m
NCC surged on Friday after it announced the sale of its non-core Fox Crypto business for around €77m (£65. 4m).
PHSC posts rise in full-year revenue, earnings
Health, safety, hygiene, and environmental consultancy PHSC reported a full-year EBITDA of £0. 51m in its final results on Friday - an improvement from £0. 366m in the prior year.
Virgin Money lending nudges lower ahead of Nationwide takeover
Virgin Money reported a dip in third-quarter customer lending and mortgages on Friday ahead of its takeover by Nationwide.
Europe open: Selloff continues after weak US data
European shares were sharply lower again as markets opened on Friday, after weak US manufacturing data sparked a global selloff.
London open: FTSE falls as investors eye payrolls report
London stocks fell in early trade on Friday as weak data raised fears about the US economy, and ahead of the release of the all-important non-farm payrolls report.