BP’s (LON: BP.) second-quarter profits are expected to be hit by a significant drop in refining margins despite a rise in oil prices. In its latest trading update,…
Danish brewing giant Carlsberg has reached an all-cash agreement to acquire Britvic (LON: BVIC), a leading soft drinks manufacturer in the UK, for £3.3 billion. The deal will…
3i Group (LON: III) shares have been on a tremendous run, rising more than 61% over the last 12 months and over 125% since the start of 2023.…
Sainsbury’s (LON: SBRY) shares fell over 1% at the open on Tuesday following its first-quarter trading statement. The supermarket giant reported sales growth in the quarter, driven by…
The FTSE 100 started the week very strongly on Monday, July 1, 2024, with the index rising 0.73% to 8,223.65 just after the opening bell. On Friday, London’s…
Watches of Switzerland Group (LON: WOSG) saw profits decline in fiscal year 2024 (FY24) due to challenging market conditions. However, the company remains confident in its future, citing…
Funding Circle shares (LON: FCH) bounced in the early part of trading, at one point hitting a round 100p and setting new multi year highs. Having gained almost…
Lancaster Investment Management, a shareholder in Hargreaves Lansdown (LON: HL.), published an open letter expressing concerns about the takeover bid from a private equity consortium led by CVC…
The FTSE 100 started the week cautiously. On Monday, June 24, 2024, the index initially fell around 0.1% to 8,229.75. On Friday, London’s blue-chip index declined by 0.42%,…
THG PLC (LON: THG) announced a major partnership with Frasers Group (LON: FRAS) on Monday, which encompasses several areas to strengthen both companies’ offerings. The agreement includes a…
Hargreaves Lansdown’s (LON: HL.) board of directors indicated a willingness to recommend a revised takeover offer from a private equity consortium. The consortium, led by CVC Capital Partners,…
Whitbread (LON: WTB), the owner of Premier Inn, revealed in its latest trading update that group sales rose by 1% to £739 million in the first quarter of…
The FTSE 100 gave back 1.19% on the week, as the FTSE 250 index lost 2.12% to continue what has been a poor start to June. London’s benchmark…
Tesco (LON: TSCO) reported continued momentum in its business for the first quarter of the 2024/25 financial year, with strong sales growth and increasing market share. Sales across…
Since the financial crisis of 2008, most of the UK bank stocks have been in retreat as the financial ecosystem had to adapt to changing rules. In recent…
Sky News reported late Tuesday that the London Stock Exchange (LSE) is in advanced talks to take over parts of PrimaryBid, a leading British fintech company. The move…
Drugmaker GSK (LON: GSK) said Tuesday that it is appealing a recent Delaware court decision that allowed certain expert testimony to be used in ongoing lawsuits over Zantac…
The FTSE 100 has started the week on the back foot, currently down 0.6% to 8,196.35 in early Monday trading on June 10, 2024, following Friday’s 0.48% decline,…
In a move indicative of the burgeoning interest in cryptocurrency markets, Robinhood Markets Inc has disclosed its intentions to acquire Bitstamp, one of the oldest global cryptocurrency exchanges.…
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