Company News
Thursday preview: UK Q4 GDP, US data deluge
Investors' attention on Thursday will be on the latest economic growth data.
Continental to cut 7,150 jobs amid global EV transition
German automotive supplier Continental revealed plans to cut 7,150 jobs worldwide by 2025 on Wednesday.
Director dealings: Bigblu Broadband director raises stake
Bigblu Broadband revealed on Wednesday that non-executive director Christopher Mills had purchased 40,000 ordinary shares in the AIM-listed broadband solutions provider.
Fusion Antibodies raises £1.38m as it seeks new customers
Pre-clinical antibody specialist Fusion Antibodies announced a conditional fundraising of £1. 38m before expenses on Wednesday, to help it target mo re industry conferences and customers and generate further supporting data.
Bradda Head unveils Basin Project survey results
Bradda Head Lithium unveiled findings from a recent gravity survey conducted at its Basin clay project in Arizona on Wednesday.
Dunelm rewards shareholders as H1 profits, sales rise
UK furniture and homewares chain Dunelm lifted its dividend and declared a special payout after a rise in interim profits and sales amid volatile trading conditions.
Uber announces $7bn buyback, shares surge
Uber Technologies announced a share buyback of up to $7bn on Wednesday, sending shares in the ride-hailing app surging.
BAE Systems gets regulatory approvals for £4.4bn Ball Aerospace deal
BAE Systems said on Wednesday that it has now received all regulatory approvals necessary for its £4. 4bn acquisition of Ball Aerospace from Ball Corporation and that the deal should complete in the coming days.
Agronomics reports fall in net assets in first half
Agronomics reported a net asset value per share of 16. 9p in its unaudited interim results on Wednesday, representing a slight decrease from the prior period.
Europa Oil & Gas confirms extension to Cloughton licence
Europa Oil & Gas announced a significant extension to its PEDL 343 licence on Wednesday, housing the Cloughton gas discovery in the East Midlands.
Atome inks crucial deal in plans for Costa Rica project
Green fertiliser developer Atome reported significant advancements through its Central America subsidiary National Ammonia Corporation (NAC) on Wednesday, as it worked towards a pivotal green fertiliser initiative in Costa Rica.
Train drivers extend strike mandate for another six months
Train drivers at five major railway companies, including Chiltern, c2c, East Midlands, Northern, and TransPennine railways, have extended their strike action for another six months, trade union Aslef announced on Wednesday.
Ethernity Networks names Ayala Deutsch as CFO
Data processing semiconductor technology supplier Ethernity Networks has appointed Ayala Deutsch to the board as the company's new chief financial officer.
Cordel inks more permanent contract for HS1 data
Cordel Group announced on Tuesday that it had initiated data-as-a-service monitoring for Network Rail High Speed.
Virgin Money to buy Abrdn’s stake in joint investment business for £20m
Virgin Money said on Wednesday that it has agreed to buy Abrdn’s stake in their joint investment platform for £20m.
Italian watchdog fines BAT and Amazon combined €7m
British American Tobacco and Amazon have been fined a total of €7m by Italy’s competition watchdog over "misleading" advertising.
BP and Adnoc agree Egyptian joint venture
BP has agreed a new joint venture in Egypt with long-standing partner Adnoc, it was confirmed on Wednesday.
Pan African posts jump in first-half earnings
Pan African Resources reported a significant increase in net cash from operating activities in its interim results on Wednesday, soaring 134. 5% to $27. 2m year-on-year.
FRP Advisory trading in line with market expectations
Business advisory firm FRP Advisory Group reported significant progress in the first nine months of the financial year in a trading update on Wednesday.
'Challenging' year hits beer sales at Heineken
Dutch brewer Heineken struck a sober tone on Wednesday, after price rises during a "challenging" year hit volumes.