Headline News
Harland & Wolff hits back at 'misleading' report over possible closure
UK shipbuilder Harland & Wolff has dismissed "misleading and inaccurate" suggestions that it could close after a newspaper report stated the government was about to block a financial support package to keep the Belfast firm afloat.
Wood Group rejects second takeover proposal from Sidara, shares tumble
Wood Group tumbled on Wednesday after saying it had rejected a second, improved £1. 5bn takeover proposal from Dubai-based engineering and consulting company Sidara.
Keller shares surge after earnings upgrade
Shares in Keller surged by 20% after the geotechnical engineer said its annual earnings would be "materially ahead" of expectations after a strong performance in the first four months of the year.
April US retail sales undershoot forecasts
American consumers reined in their spending last month, especially on motor vehicles and parts, as well as online.
Eurozone inflation to fall faster than forecast - EU
Eurozone inflation is set to fall faster than initially expected this year, the European Commission forecast on Wednesday.
Eurozone GDP edges higher in first quarter
Eurozone economic growth ticked higher in the first quarter of 2024, official data showed on Wednesday.
Full-year revenues motor ahead at Vertu
Vertu Motors reported record revenues on Wednesday, despite difficult market conditions and falling used car prices.
Raspberry Pi confirms plans for London listing
Computer maker Raspberry Pi confirmed on Wednesday that it is planning to list on the main market of the London Stock Exchange.
Vesuvius confident for full-year despite 'difficult' market conditions
Engineering firm Vesuvius reiterated its full-year guidance on Wednesday, despite seeing "subdued" steel markets throughout the first quarter.
Hunting sees FY at top end after $145m Kuwait deal boosts order book
Global engineer Hunting said full-year earnings would be at the upper end of expectations after winning a $145m order with the Kuwait Oil Company.
Imperial Brands reiterates full-year outlook despite profits dip
Tobacco giant Imperial Brands reiterated its full-year outlook on Wednesday, despite a fall in interim profits and sales.
Compass lifts full-year outlook after strong first half
Food and support service provider Compass Group raised its full-year guidance on Wednesday, after reporting an 11. 2% increase in first-half revenue to $20. 9bn, alongside an 18. 7% surge in operating profit to $1. 47bn.
Consortium of investors sells £1.6bn stake in LSEG
A consortium of investors has sold about £1. 6bn worth of shares in London Stock Exchange Group.
Britvic announces third £75m share buyback as interim profits rise
Drinks company Britvic posted a jump in interim profit and revenue on Wednesday and announced a £75m share buyback, as it highlighted "strong" customer demand for its brands.
Profits slide at Burberry as luxury demand slows
Burberry Group warned of a challenging first half on Wednesday, after slowing luxury demand dented annual sales and profits.
Marshalls revenues fall 10% amid weak housing market
Landscaping and building products supplier Marshalls said revenues fell 10% in the four months to April 30 as weak demand in the housing and maintenance market continued, adding that it still expected flat profits for 2024.