News And Announcements
RHI Magnesita reports positive first-quarter trading
RHI Magnesita reported positive trading in the first quarter as rising prices more than made up for higher raw materials costs for the industrial products supplier.
BGEO recognised for work with women-owned businesses
BGEO Group was celebrating on Tuesday, after its banking business subsidiary JSC Bank of Georgia was recognised as the ‘Best Issuing Bank Partner for Women-Owned Businesses in Europe and Central Asia’ for 2017, by International Finance Corporation's Global Trade Finance Programme (GTFP), in cooperation with the Banking on Women Programme.
Centrica chairman Haythornthwaite to step down
Centrica's chairman, Rick Haythornthwaite, is planning to step down within the next 12 months after six years in the role, the energy provider said on Tuesday.
FirstGroup tumbles as Apollo walks away
FirstGroup shares tumbled on Tuesday after private equity group Apollo Management said it would not be making an offer for the transport operator.
Greencoat UK Wind to increase stake in Scottish wind farm
FTSE 250 renewable infrastructure fund Greencoat UK Wind will increase its stake in Scotland's Clyde wind farms to 28. 2% for a consideration of £114. 2m.
Ideagen revenue surges 33%, management reshuffle announced
AIM-listed Ideagen named its new chief executive officer on Tuesday as it said it expects to report a 33% jump in full-year revenue.
Comcast commits to Sky News, mulls fresh bid for Fox assets
Comcast pledged to operate Sky's news arm for at least five years if its offer for the broadcaster was successful as the US company was reported to be preparing an attempt to gatecrash Disney's purchase of assets from 21st Century Fox.
William Hill enjoys 'unprecedented' sports results, awaits key regulation
Bookmaker William Hill hailed strong online and US performances as net revenues rose 3% in the first 17 weeks of the year, putting rivals' results rather in the shade.
PureCircle welcomes New Zealand launch of Coca-Cola Stevia
Stevia ingredients producer PureCircle confirmed the launch of ‘Coca-Cola Stevia No Sugar’ in New Zealand on Tuesday - said to be the first Coca-Cola product globally to be sweetened solely with stevia.
Costain wins contract with Highways England, says current trading in line
Costain said on Tuesday that it had been awarded a technology contract by Highways England, and confirmed that current trading is in line with expectations.
Hiscox sees slower growth after strong first quarter
Hiscox’s gross written premiums rose by a fifth in the first quarter but the insurer warned of slower growth ahead as competitors pile into the market.
Unilever starts €6bn share buyback
Unilever has launched the €6bn (£5. 3bn) share buyback it promised investors after selling its spreads business.
Antofagasta finds and clears blockage at Los Pelambres
Chilean copper miner Antofagasta said on Tuesday that it had detected and cleared a blockage at its Los Pelambres pipeline, where operation was immediately suspended.
Standard Life Aberdeen contests Lloyds' £109bn fund withdrawal
Standard Life Aberdeen said Lloyds Banking Group did not have the right to withdraw £109bn of funds, setting up a legal dispute between the two companies.
Paragon confirms it is considering Titlestone acquisition
Paragon Banking Group confirmed on Tuesday that it is in the early stages of considering a possible acquisition of residential development finance lender Titlestone.
Shell to sell Canadian Natural Resources stake for $3.3bn
Royal Dutch Shell has agreed to sell its entire stake in Canadian Natural Resources for $3. 3bn.