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METLEN Signs Binding Five-Year Shell LNG Deal

METLEN has turned its February memorandum with Shell into a binding contract for six LNG cargoes a year, primarily from Shell’s US portfolio, starting in 2027. The release…

IP Group Wins Scottish Widows Pension Mandate

Aberdeen Investments has appointed IP Group to run a UK venture growth portfolio within the Scottish Widows Growth LTAF, putting workplace pension savings into British quantum, battery and…

LondonMetric CFO Martin McGann to Retire

LondonMetric Property’s finance chief Martin McGann will retire in summer 2027, after the company’s full-year results, and plans for his replacement are already well underway.

BP Profit Nearly Quadruples on Refining Windfall

BP’s third-quarter underlying replacement cost profit nearly quadrupled to $8.46bn on a refining windfall, but the oil major is sending the cash to debt and Deepwater Horizon liabilities,…

Mobico Board Set to Back 46p Cash Takeover Offer

Mobico’s independent directors intend to recommend a 46p-a-share cash takeover by a vehicle owned by its largest shareholder’s family group and an infrastructure fund, saying its debt and…

Airtel Africa Revenue Jumps 28%, Capex Doubles

Airtel Africa grew first-half revenue by 28% and reported a record second-quarter margin while more than doubling investment. Leverage fell to 1.6x and the interim dividend rose, but…

AstraZeneca Holds Guidance Despite Generics Hit

AstraZeneca reconfirmed its 2026 guidance and plans a $3.30 dividend, as double-digit oncology growth offset losses from Farxiga and Brilinta generics, though several late-stage trials missed.

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