Full List Of Stories
Petrofac profits rise as CEO returns to full duties
Oil services outfit Petrofac on Thursday said full-year earnings before interest, tax, depreciation and amortisation rose 3. 7% to $730m as it announced chief executive Ayman Asfari would resume full duties “with immediate effect”.
UK employers worried about post-Brexit migration rules - govt advisors
UK employers are concerned about the prospects of future restrictions on European migration after Brexit, according to a report from government advisors.
Marlowe buys Flamefast Fire Systems for £1m
AIM-listed support services group Marlowe said it has bought Flamefast Fire Systems Limited for a total enterprise value of £1m.
KCR Residential buys retirement apartment for £365,000
KCR Residential REIT said its wholly-owned subsidiary, K&C (Osprey) Limited, has bought another apartment within one of its freehold retirement residential developments for £0. 365m excluding costs.
ITM Power, Shell open UK hydrogen car refuelling station
Clean fuel company ITM and oil producer Shell on Tuesday opened the UK's first refuelling station to offer hydrogen alongside petrol and diesel.
Stagecoach holds EPS forecasts as bus revenues fall, trains rise
Transport operator Stagecoach maintained its full year earnings per share forecasts as rail revenues grew while those in bus operations fell.
Glaxo buys Novartis stake in consumer health venture for $13bn
GlaxoSmithKline (GSK) on Tuesdsay said it had agreed to buy Novartis' 36. 5% stake in their Consumer Healthcare Joint Venture for $13bn (£9. 2bn).
Axel Springer takeS 11.5% stake in Purplebricks as agent warns on revenues
German publishing giant Axel Springer said it was spending £125m to take an 11. 5% stake in Purplebricks as the online estate agent warned full year revenues would be 5% below estimates.
FTSE 100 movers: Fresnillo shines after upgrade; Smurfit down as co rebuffs new bid
Shares in gold miner Fesnillo shone on Monday and led the FTSE 100 risers after Goldman Sachs upgraded the stock to a "buy" and added the company to its “conviction list”.
FTSE 250 movers: Inchcape revs up index; Ferrexpo out of favour again
A solid rise in Inchcape shares helped stop a bigger slide in the FTSE 250 on Monday as the company was revved up by news it had bought Suzuki-focused Central American dealer Grupo Rudelman for $284m ( £201m), on a cash-free and debt-free basis.
Pennon to take hit on costs of legal dispute with Interserve
Utility company Pennon said it was on track to meet full year expectations but warned that its energy recovery facility in Glasgow would cost £95m more than the original budget figure of £155m.
Inchcape buys Central America dealership for £201m
Car seller Inchcape on Monday said it had bought Suzuki-focused Central American dealer Grupo Rudelman for $284m (£201m), on a cash-free and debt-free basis.
Smurfit Kappa rejects renewed offer from International Paper
Smurfit Kappa said it had rejected an increased offer from International Paper Company (IPC) which valued it at €37. 54, saying it “fundamentally undervalues the group”.
UK consumers 'unlikely to see long-term fall in prices after Brexit'
UK consumers were unlikely to see any long term falls in prices after Britain leaves the European Union, a leading think tank said on Tuesday.
Hikma US unit launches anti-HIV tablet
Generic drug maker Hikma Pharmaceuticals said its US subsidiary West-Ward had launched Ritonavir Tablets, the first AB-rated generic to Norvir tablets.
AustralianSuper fund appoints European investment chief
Pensions provider AustralianSuper on Tuesday said it had appointed Damian Moloney as its European head of investments as the fund looked to expand its offshore investment opportunities.
NewRiver in deal to redevelop Basingstoke leisure park
Property company NewRiver said it had won a deal with Basingstoke and Deane Borough Council to redevelop a 66-acre leisure park in Basingstoke for an undisclosed sum.
Polypipe delivers in tough UK market; closes Dubai factory
Tube maker Polypipe said a strong UK performance against a challenging backdrop helped it to record a 3. 9% rise in full year pre-tax profits to £55. 6m.
Bellway on track to pass 10,000 home mark as H1 profits rise
Housebuilder Bellway said it was on track to build more than 10,000 homes in a year for the first time as half year pre-tax profits rose 16. 6% to £288. 7m.
UK MPs say no evidence of move to frictionless NIreland border
The UK government was under further pressure on Friday over Northern Ireland as a cross-party group of MPs said it saw no real chance of a frictionless border with the Republic of Ireland after Brexit.