Company News
Ofcom fines BT £17.5m for 'catastrophic' 999 failings
The regulator has fined BT Group nearly £18m over “catastrophic” 999 call-handling failures, it was announced on Monday.
Hammerson offloads stake in Value Retail, plans £140m buyback
Shopping centre owner Hammerson said it had sold its interest in Value Retail to consumer-focused investment firm L Catterton for an enterprise value of £1. 5bn and also announced a £140m share buyback along with a one-for-10 shar consolidation.
Kroger places order for new Ocado automated technologies
US grocery giant Kroger ordered two of Ocado's newest technology solutions for its existing and future customer fulfilment centres.
Ryanair sees profits slide, warns of softer fares
Ryanair Holdings posted a sharp fall in quarterly profits Monday and warned fares would likely be “materially” lower than last summer.
Vodafone sells further 10% in Vantage Towers for €1.3bn
Vodafone Group said it had sold a further 10% stake in the joint venture that co-controls Vantage Towers for €1. 3bn to reduce its debt.