News And Announcements
Plus500 backs FY expectations after 'strong' first half
Plus500 backed its full-year expectations on Monday after a "strong" first-half performance despite "difficult" market conditions.
Burberry reportedly cutting "hundreds" of jobs
British high-end fashion group Burberry is expected to announce "hundreds" of job cuts in the UK as part of a cost-cutting programme following a massive drop in its share price since the start of the year.
Jangada upbeat on progress at investee Blencowe
Natural resources developer Jangada Mines highlighted significant advancements made by Blencowe Resources, in which it holds a 10% stake, on Monday.
HG Capital Trust offloads stake in TeamSystem
HgCapital Trust said it had agreed the sale of its remaining investment in business software company TeamSystem, to funds advised by Hellman & Friedman for an undisclosed sum.
Ocado to build third factory in Japan with online grocer AEON
Online grocery group Ocado is planning to build a third customer fulfilment centre (CFC) in Japan as part of its ongoing partnership with Japanese peer AEON.