News And Announcements
Harland & Wolff appoints interim chair, non-exec director
Harland & Wolff announced the formal appointment of two new members to its board on Monday, with Russell Downs and Alan Fort appointed with immediate effect.
Great Western enters copper pooling agreement with Bronco Creek
Great Western Mining announced on Monday that it has entered into a pooling agreement with Bronco Creek Exploration to advance copper exploration in the Eastside Mine area of Mineral County, Nevada.
Standard Chartered adds industries team to M&A unit, cuts jobs
Standard Chartered has folded its industries coverage team into its mergers and acquisitions (M&A) advisory unit, it was reported on Monday, resulting in the elimination of over 20 positions globally.
HSBC promises not to close any branches before 2026
Banking giant HSBC vowed to make no further branch closures until at least 2026 on Monday as it promised to spend more than £50. 0m on updating and improving its branch network.
Scotiabank to invest $2.8bn in US regional lender KeyCorp
KeyCorp rallied on Monday after Canada’s Scotiabank agreed to invest $2. 8bn in the US regional lender.
Team Internet shares slide despite first-half growth
Shares in Team Internet Group were in the red on Monday afternoon, even after it reported year-on-year growth across key financial metrics for the first half of the year.
Pantheon Resources reports progress on Alaska's North Slope
Pantheon Resources announced progress in its operations on Alaska's North Slope on Monday, including the securing of a drill rig for the upcoming Megrez-1 well and the formal award of new oil and gas leases.
Downing Renewables upbeat on recent portfolio progress
Downing Renewables & Infrastructure announced a series of positive developments across its portfolio in an update on Monday.
Royal Mail parent IDS to offload US freight divisions
Royal Mail parent International Distribution Services (IDS) announced on Monday that its parcel services subsidiary, GLS, would sell its US freight divisions to California-based DC Logistics.
Apax Global Alpha details take-private plans for Thoughtworks
Apax Global Alpha (AGA) updated the market on the planned take-private transaction of technology consultancy Thoughtworks on Monday.
IG Group launches first £75m tranche of share buyback programme
IG Group kicked off the first tranche of its new share buyback programme on Monday, having announced plans to repurchase up to £150m of shares on 25 July.
IWG repurchases £37m principal of convertible bonds
International Workplace Group announced on Monday that it has repurchased £37. 2m in principal amount of its £350m 0. 5% convertible bonds due 2027.
Heathrow loses 90,000 transfer passengers due to ETA scheme
Britain's Heathrow Airport said on Monday that passenger numbers had fallen by 90,000 on certain routes following the introduction of a £10 electronic travel authorisation charge that it branded “devastating" for its hub competitiveness.
HSS Hire appoints Richard Jones as interim CFO
HSS Hire said on Monday that it has appointed Richard Jones as interim chief financial officer.
BT Group welcomes Bharti Global's purchase of Altice's stake in carrier
BT Group welcomed news that Bharti Global had acquired Altice UK's 24. 5% stake in the telecoms carrier.
WH Ireland losses widen in 'extremely challenging' markets
Broker WH Ireland posted a widening of its full-year losses on Monday as revenue fell in an "extremely challenging" market backdrop.
S&U reports difficult half-year for motor finance division
Specialist motor and property finance lender S&U reported contrasting performance across its divisions in an update on Monday, with particular difficulties in motor finance.
Impax Environmental Markets NAV falls in H1
Environmental markets investment trust Impax Environmental Markets said on Monday that net asset value had fallen in the six months ended 30 June amid "material volatility".
Marshalls still confident despite tough first half
Landscaping and building products and supplier Marshalls reported a 13% decline in revenue for the first half on Monday, amounting to £306. 7m.