Company News
Petra Diamonds deferring capital spending amid weaker pricing
Petra Diamonds unveiled a series of strategic actions aimed at enhancing its financial resilience on Wednesday in response to challenges being posed by weaker diamond prices and market uncertainties.
GSK hikes guidance after strong third quarter
GSK announced a robust third quarter on Wednesday, prompting an upgrade to its full-year guidance.
Asos warns on sales as it slumps to £300m loss
Embattled fast fashion retailer Asos posted a near £300m annual loss on Wednesday, as it warned that sales would continue to fall.
Wood Group appoints Arvind Balan as CFO
John Wood Group said on Wednesday that it has appointed Arvind Balan as its chief financial officer and executive director with effect from 15 April 2024.
AstraZeneca invests $220m in French gene-editing group Cellectis
AstraZeneca is to invest in French biopharma group Cellectis to use its gene-editing technologies to develop next-gen therapeutics in areas like oncology, immunology and rare diseases.
Next boosts full-year sales guidance
Next boosted its full-year guidance on Wednesday, after third-quarter trading beat internal expectations.
Weir maintains guidance despite falling orders in Q3
Mining engineering company Weir has reiterated its guidance for "strong growth" this year despite orders slipping in the third quarter.