News And Announcements
Ashtead hires former Sage CEO Paul Walker as chairman
Equipment rental company Ashtead has appointed Paul Walker as a non-executive director and chairman designate, succeeding Chris Cole.
BHP Billiton gets two years to finalise £31bn Samarco claim
BHP Billiton's Samarco joint venture has agreed a two-year deadline to settle a civil claim for 155bn reais (£31bn) with Brazilian authorities relating to the 2015 bursting of a tailings dam that killed 19 people.
International Public Partnerships refinances Liverpool library project
Infrastructure investor International Public Partnerships has refinanced the senior debt in the Liverpool Central Library project in conjunction with Aviva Investors, freeing up £1m more for Liverpool City Council.
Carpetright swings to full-year loss amid restructuring
Beleaguered flooring retailer Carpetright said on Tuesday that it swung to a full-year loss as it took a hit from restructuring costs and bad publicity.
Anglo's De Beers sees diamond sales rise amid good demand
Anglo American said on Tuesday that the value of rough diamond sales at De Beers rose in the fifth cycle amid good demand.
Smurfit Kappa rolls out new digital corrugated presses across Europe
Smurfit Kappa has ramped up its digital printing capabilities, it announced on Tuesday, by installing eight HP Scitex corrugated presses across its European sites.
SIG selling VJ Technology to pay down debt
Supplier of specialist building products SIG has agreed to sell VJ Technology (VJT) to UK private equity investment firm Primary Capital, it announced on Tuesday, following a competitive disposal process.
Heathrow expansion gets approval in historic Commons vote
MPs have voted overwhelmingly for a third runway at Heathrow airport in a move welcomed by business leaders and Britain’s biggest union after years of political wrangling.
Polymetal starts Kazakhstan gold mine ahead of schedule and under budget
Polymetal International said on Tuesday that it has started up its new Kyzyl mine in Kazakhstan ahead of schedule and below budget.
Ibstock to sell former quarry for £9.3m
Ibstock, which manufactures clay bricks and concrete products, has agreed to sell a former quarry near Bristol.
AstraZeneca appoints Nazneen Rahman as science committee chair
AstraZeneca has announced a series of board committee changes including the appointment of Nazneen Rahman as the chair of the drug company’s science committee.