Headline News
Direct Line rejects £3.3bn takeover proposal from Aviva, shares surge
Direct Line surged on Thursday after it rejected a £3. 3bn takeover proposal from Aviva.
UK consumer sentiment remains weak - BRC
UK consumer confidence remained largely unchanged following the Budget, a survey showed on Thursday, weighed down by ongoing concerns about the strength of the economy.
US personal incomes and spending beat forecasts in October
Americans continued to spend freely last month, amid a slight pick up in price pressures.
Just Eat Takeaway to ditch London listing
Just Eat Takeaway said on Wednesday that it plans to ditch its secondary listing on the London Stock Exchange after 24 December.
Mitchells & Butlers swings to FY profit, sees 5% cost rise
UK pub and restaurants group Mitchells & Butlers posted better-than-expected annual profits and said like-for-like trading in the first seven weeks of the current fiscal year was up 4%.
EasyJet profits soar on holiday demand, smaller winter losses
Low-cost airline easyJet reported a surge in full-year profit and boosted its dividend on strong summer holiday demand and a narrowing of winter losses as it swerved some of the problems faced by its rivals.
Pets at Home cuts full-year profit outlook
Pets at Home cut its full-year profit outlook on Wednesday as it highlighted a "subdued" market.
StanChart exploring sale of wealth & retail banking businesses in Africa
Standard Chartered said on Wednesday that it is exploring the potential sale of its wealth & retail banking (WRB) businesses in Botswana, Uganda and Zambia.
'Challenging' conditions hit earnings at Johnson Matthey
Johnson Matthey posted a drop in sales and profits on Wednesday, weighed down by the "challenging" macroeconomic backdrop.
RBNZ lowers interest rate, tempers expectations for future cuts
The Reserve Bank of New Zealand lowered its official cash rate (OCR) by 50 basis points to 4. 25% on Wednesday, marking its second consecutive half-point cut.
Pennon Group swings to half-year loss
Pennon Group reported a statutory loss before tax of £38. 8m for the first half on Wednesday, swinging from a profit of £3. 2m year-on-year, as restructuring costs and investments weighed on the bottom line despite a 17. 5% increase in underlying revenue to £527. 2m.