News And Announcements
Google to buy data company Looker in $2.6bn deal
Google has agreed to buy business intelligence, data applications and embedded analytics platform Looker in a $2. 6bn cash deal.
Ofcom boss quits to become first female chair of John Lewis
The John Lewis Partnership has named Ofcom boss Sharon White chairman, the first woman to hold the role.
Ford to close Welsh engine plant
US car giant Ford Motor Co is to close its factory in South Wales, with the loss of around 1,700 jobs.
Auto Trader reports double-digit profit growth despite market uncertainty
Auto Trader Group hiked its dividend on Thursday as it reported an acceleration in its annual profit and revenue growth, with the board adding that it remains confident of meeting current year expectations despite "continued market uncertainty".
Standard Life Aberdeen mulling £30m swoop for Grant Thornton's IFA business
Standard Life Aberdeen (SLA) is in talks over an acquisition of Grant Thornton's wealth advisory business for around £30m, according to a report from Sky News.
John Menzies appoints Giles Watson as CEO
Aviation services business John Menzies has appointed Giles Wilson as its new chief executive officer with immediate effect.
Arcadia workers' fate in limbo as landlords push Green on CVAs
The fate of 18,000 workers at Philip Green's Arcadia retail empire hangs in the balance after a crucial vote on the group's restructure was postponed on Wednesday.
Mitie swings to full-year profit
Outsourcer Mitie said on Thursday that it swung to a full-year profit as revenue rose thanks to a strong performance from its core businesses.
CMC Markets slashes dividend, but client money sees 'robust' increase
A bruising 2018 saw CMC Markets post a sharp drop in both net operating income and profits, leading the firm to slash its dividend payout, but some analysts chose to point out he "robust" rise in client money.
'Encouraging' exploration results at Rio Tinto's copper gold discovery
Rio Tinto said on Thursday that a new set of results from the copper-gold discovery in the Paterson province, Western Australia, are "encouraging".
AstraZeneca leukaemia drug meets trial end-point
AstraZeneca said on Thursday its Calquence leukaemia drug had met the primary endpoint of a phase 3 trial and would allow it to file for regulatory approval later this year.
Aviva to cut 1,800 jobs as it looks to save £300m over the next three years
Aviva has announced plans to cut around 1,800 jobs as it looks to reduce expenses by £300m a year over the next three years.
Go-Ahead lifts expectations for London, intl bus units
Public transport operator Go-Ahead Group said revenue had grown in all three of its divisions in the period from December 30, 2018 to June 5, 2019.
Rolls-Royce transfers £4.6bn of UK pension scheme to L&G
Rolls-Royce said on Thursday that its pension scheme has agreed to transfer £4. 6bn of assets to Legal & General in what is the UK's largest ever bulk annuity.
eOne denies reports Mark Gordon to leave company
Entertainment One on Thursday denied speculation that Mark Gordon was leaving his role as president and chief content officer.