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Tullow Oil profits jump in first half, capex scaled back
Tullow Oil was able to grew profits in the first half of 2024 despite a weaker top line, as the Irish oil and gas group reduced its capital expenditure budget for the full year.
Tritax Big Box H1 profits grow, hikes interim dividend
Real estate investment trust Tritax Big Box said on Wednesday that profits had grown in the six months ended 30 June, leading to a slight year-on-year hike in the group's interim dividend.
London open: Stocks in the black; house prices in focus
London stocks rose in early trade on Wednesday as comments from Bank of Japan governor Shinichi Uchida calmed investors, and following the release of better-than-expected UK house price data.
Europe open: Shares rebound on Wall St rally, BoJ comments
European shares rallied on Wednesday on the back of a rebound on Wall Street and comments from the Bank of Japan's deputy governor, in an attempt to calm volatile markets, while a jump in German industrial production also provided a boost.
Glencore posts sharp drop in 1H profits but upbeat on shareholder returns
Glencore posted a sharp decline in operating and net profits at the half-year stage, but sounded an optimistic note on the outlook for shareholder returns.
CLS H1 losses narrow, makes first letting at Artesian
Commercial property investment firm CLS Holdings reported mixed H1 numbers on Wednesday as it also revealed it had struck a deal for its first letting at its Artesian asset in East London.
TP ICAP reports first-half growth, launches third share buyback
TP ICAP reported steady growth across key metrics in its first-half results on Wednesday, as it launched its third share buyback programme valued at £30m.
Annuities help boost Legal & General interim profit; Divi rises 5%
Financial services and asset management group Legal and General on Wednesday posted interim operating profit that beat analyst forecasts, driven by higher annuity sales.
WPP lowers guidance after steady first-half performance
WPP, the world's largest advertising company, reported a steady first-half performance on Wednesday, although macroeconomic pressures and challenges in key markets such as China saw it revise its full-year outlook.
Quilter delivers record H1 adjusted profits
Wealth management firm Quilter posted record interim adjusted profits on Wednesday as net inflows bounced back amid a recovery in global equity markets throughout the half.
German industrial production jumps more than expected in June on auto output
Industrial production in Germany jumped in June, led by a partial rebound in output from the auto sector.
Coca-Cola HBC lifts 2024 guidance after strong first half
Coca-Cola HBC, the UK-listed anchor bottler for the American beverage giant, has upgraded its guidance for 2024 after a strong first half with solid revenue growth and market share gains.
BoJ's Uchida says rates won't rise when markets unstable
Bank of Japan deputy governor Shinichi Uchida said the central bank would not lift interest rates when the markets are unstable, in response to this week's volatility that saw a massive sell-off in equities.
UK house prices rise in July after three flat months - Halifax
UK house prices rose in July after three flat months, according to figures released on Wednesday by Halifax.
Legal & General posts flat profit, Rightmove looking internally for new CFO
London open The FTSE 100 is expected to open 87 points higher on Wednesday, having closed up 0. 23% on Tuesday at 8,026. 69.
London pre-open: Stocks to gain on positive US, Asian cues
London stocks were set to rise again on Wednesday following positive US and Asian sessions.
Wednesday newspaper round-up: Airbnb, Virgin Atlantic, Harland & Wolff
The Royal Mint has unveiled a “pioneering” factory that will recover gold from electronic waste, creating a more sustainable source of the precious metal for the coin manufacturer’s luxury jewellery line. The factory in south Wales, which has been under construction since March 2022, is designed to extract gold from up to 4,000 tonnes a year of circuit boards sourced in the UK from electronics including phones, laptops and TVs. – Guardian.
Rightmove appoints internal candidate as new CFO
Property portal Rightmove has announced that it is recruiting an internal replacement for its outgoing chief financial officer.