Headline News
Boohoo should get shareholder approval before disposals, says Frasers
Frasers Group published an open letter on Wednesday in which it urged the board of Boohoo not to dispose of any assets without prior shareholder approval.
Soaring demand for weight-loss drugs boost profits at Novo Nordisk
Novo Nordisk posted quarterly numbers broadly in line with expectations on Wednesday, as demand for its weight-loss drugs continued to boom.
Shares in Ashtead rally on Trump victory
Shares in Ashtead Group soared on Wednesday, on hopes US revenues at the British firm would be boosted following the historic re-election of Donald Trump as president.
Eurozone producer prices fall in September
Producer prices eased in the Eurozone in September, official data showed on Wednesday, in line with expectations.
UniCredit, Commerzbank deliver contrasting quarters amid tie-up chatter
Italian bank UniCredit and Germany’s Commerzbank delivered contrasting third-quarter earnings on Wednesday as UniCredit pursued an increased stake in Commerzbank, potentially setting the stage for one of Europe’s largest banking mergers in over a decade.
Eurozone business activity stagnates - PMI
The Eurozone economy failed to gain ground in October, a closely-watched survey showed on Wednesday, weighed down by weakness in Germany and France.
TBC Bank posts robust third quarter
TBC Bank Group posted a robust set of third-quarter results on Wednesday, with net profit rising 15. 6% year-on-year to GEL 347. 26m (£98. 21m), supported by solid income growth across segments.
Wetherspoons hails 'record' sales, highlights rising costs
Pub chain JD Wetherpoon said on Wednesday that it was "confident of a reasonable outcome for the year" as it reported record sales but highlighted rising costs.
Revenues strengthen at Spirent despite tough market
Spirent Communications saw revenues tick higher in the third quarter, the telecoms testing specialist said on Wednesday, despite "challenging" market conditions.
Lancashire Holdings announces special dividend as profits grow
Lancashire Holdings posted a 9% jump in premiums written on Wednesday as it announced a special dividend, sending shares in the insurer surging.
Wise reports strong first half
Wise reported a strong first-half financial performance on Wednesday, with revenue up 19% to £591. 9m, and underlying income reaching £662. 4m.
Prudential posts rise in Q3 new business profit
Prudential reported an 11% increase in new business profit to $2. 35bn for the first nine months of the year on Wednesday, buoyed by its multi-channel distribution strategy and strong geographic diversity.
Marks & Spencer first-half profits beat expectations
Marks & Spencer reported better-than-expected first-half profits on Wednesday as it said the food and clothing segments have now delivered market share growth for four consecutive years.
Domino’s Q3 orders boosted by delivery
Domino’s Pizza posted a jump in third-quarter orders on Wednesday, underpinned by delivery orders.