Company News
Thursday preview: US jobless claims, UK house prices in the spotlight
Investors' focus on Thursday will be on the latest weekly unemployment claims figures in the US.
Director dealings: Genel Energy non-exec linked to buy, Alpha Group risk officer sells
Genel Energy was on the list of director buys on Wednesday, after one of its non-executive directors was linked to the purchase of more than 0. 6 million shares.
Barclays studying options for payments business - report
Barclays is reportedly studying options for its global payments activities as a part of broader review into how it allocates resources.
Diageo CEO Ivan Menezes passes away
Drinks company Diageo said on Wednesday that chief executive Ivan Menezes has passed away at the age of 63 following a brief illness.
Heathrow security officers announce summer walkout
Heathrow is facing a wave of industrial action during the peak summer months, it was announced on Wednesday.
i3 Energy upbeat on full-year performance
Independent oil and gas company i3 Energy reported consistent organic production growth throughout 2022 in its results on Wednesday.
City Pub toasts strong first-half trading
The City Pub Group reported "strong" first-half trading on Wednesday, despite train strikes denting demand.
Harbour Energy in merger talks with Talos - report
Harbour Energy, the UK’s largest North Sea oil and gas producer, is in merger talks with US rival Talos Energy, it emerged on Wednesday.
Inditex Q1 net profit beats expectations
Zara and Massimo Dutti owner Inditex posted a jump in first-quarter sales and profit on Wednesday as it said its spring/summer collection has been well received.
Suppliers pause dealings with Asos - report
Suppliers to Asos are cutting ties with the fast fashion retailer, it was reported on Wednesday, over credit insurance concerns.
Cyber gang threatens Boots, BBC, BA after data hack - report
The cybercrime gang that hacked details of staff at Boots, the BBC, British Airways and other firms has warned the companies to email them before June 14 or stolen data will be published.
WE Soda confirms plans to debut in London
WE Soda is to make it stock market debut in London, after seeing "considerable" investor interest, the industrial giant confirmed on Wednesday.
Vodafone, CK Hutchison in final stages of agreeing UK merger - report
Vodafone and CK Hutchison are reportedly in the final stages of agreeing to merge their British operations, with a long-awaited announcement expected as soon as Friday or early next week.
888 Holdings surges as investor group FS Gaming builds 6.6% stake
William Hill owner 888 Holdings surged on Wednesday after it emerged that investor group FS Gaming Investments has built up a 6. 6% stake in the company.
Lloyds to launch £600m Telegraph sale - report
High street lender Lloyds is reportedly lining up bankers to launch a £600m auction of the Telegraph newspapers and The Spectator magazine within days amid a row with the titles' long-standing owners.
Tim Pullen steps down suddenly as IQE finance chief
Semiconductor wafer product specialist IQE announced on Thursday that chief financial officer Tim Pullen had resigned from his position.
LXI REIT pleased with performance after Secure Income merger
Specialist real estate investment trust LXi REIT reported a 36. 1% increase in EPRA earnings per share in its full-year results on Wednesday, to 8. 3p.
GSK gets European approval for RSV vaccine
Pharmaceuticals giant GSK announced on Wednesday that the European Commission has granted authorisation for ‘Arexvy’ - an adjuvant respiratory syncytial virus (RSV) vaccine - for active immunisation to prevent RSV-caused lower respiratory tract disease (LRTD) in adults 60 and older.
China exports slump in May
China’s exports fell last month in another indication that the rebound in the world’s second-largest economy was losing steam.
DiscoverIE annual profits up 70% on strong sales
Niche electronics maker DiscoverIE Group reported a 70% rise in annual profits, driven by a strong order book.