Company News
Shell flags impairments of up to $4.5bn
Energy giant Shell flagged fourth-quarter impairments of up to $4. 5bn on Monday, primarily in its chemicals and products division.
CMC Markets lifts FY net operating income guidance after strong Q3
Online trading platform CMC Markets lifted its full-year net operating income guidance on Monday as it hailed a strong performance in the third quarter.
LXI REIT finalises sale of 66 Travelodge hotels
LXi REIT has finalised the sale of 66 Travelodge-branded hotels to the Travelodge group, it announced on Monday, for a total of £210m.
EU gives Kretinsky consortium green light for Casino takeover
The European Commission has given the go-ahead for a consortium led by Czech billionaire Daniel Kretinsky to take control of debt-laden retailer Casino as part of its restructuring, the company said on Monday.
Merck in talks to buy Harpoon Therapeutics for about $700m - report
Merck & Co is reportedly in advanced talks to buy cancer drugmaker Harpoon Therapeutics for about $700m.
Plus500 revenues on track to beat forecasts
Online trading platform Plus500 said on Monday that full-year results would come in ahead of market expectations.
LondonMetric buys warehouse for £21.2m for let to Next
LondonMetric Property said it had bought a warehouse in Doncaster for £21. 2m which will be let to fashion retailer Next for 13 years.