Headline News
L&G to sell Glencore, TJX stakes over environmental concerns
Legal & General Investment Management (LGIM) said that its environmental, social and governance and some pension funds would divest their stake in commodities miner and trader Glencore due to its thermal coal operations.
Bosch weighing offer for Whirlpool - report
German engineering group Robert Bosch is reportedly considering a bid for US appliance maker Whirlpool.
MNC Capital lifts takeover bid for Vista Outdoor to $3.2bn
MNC Capital Partners said on Wednesday that it has upped its all-cash takeover offer for Vista Outdoor to $42 per share, or $3. 2bn, from $39. 50 earlier in the month.
Haleon to sell NRT business outside of the US to Dr Reddy’s for £500m
Haleon said on Wednesday that it has agreed to sell its nicotine replacement therapy (NRT) business outside of the US to Dr Reddy's Laboratories for £500m.
UK retail sales slide in June - CBI
UK retail sales fell in June, an industry survey showed on Wednesday, reversing May’s short-lived uplift.
Alliance and Witan to join forces in £5bn merger
Alliance Trust and Witan Investment Trust are to join forces, the British firms announced on Wednesday, creating a major new £5bn vehicle.
ProCook upbeat for coming year, shares spark
Shares in ProCook Group jumped on Wednesday, after the kitchenware brand flagged strong current trading and forecast an improvement in revenues.
AO World full-year profits top guidance
Online electricals retailer AO World posted a surge in full-year profit on Wednesday, topping its own guidance range as its plan to pivot the business to focus on profit and cash generation bore fruit.
Revolution Beauty returns to profit
Revolution Beauty said on Wednesday that it has swung into the black, as it looked to move on from a turbulent period.
Deliveroo said to have held takeover talks with Doordash, shares spark
Deliveroo shares sparked on Wednesday following a report that US meal delivery group Doordash flagged interest in a takeover of the UK company last month.
PZ Cussons ends year as expected amid currency headwinds
PZ Cussons said in an update on Wednesday that trading in the final quarter of the financial year, which ended on 31 May, met management expectations.