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Lighthouse inks extension to British Airways deals

Financial adviser Lighthouse Group will offer British Airways current and former staff financial advice on retirement planning, mortgages and investments until July 2021 after the pair renewed their contract.

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McBride revenue rises in first quarter, FY expectations backed

McBride posted a jump in first-quarter revenues on Tuesday as it backed its full-year expectations.

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Tufton Oceanic Assets buys remaining quarter of LPG carrier

Tufton Oceanic Assets has acquired the remaining 25% interest in an LPG carrier for a cash consideration of $7. 25m, it announced on Tuesday.

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Idorsia leaves guidance unchanged after third quarter losses

Idorsia announced its financial results for the first nine months of 2018 on Tuesday, reporting a loss of CHF 271m on a US GAAP basis for the period, and a non-GAAP loss of CHF 247m.

Pharma veteran Simon Jose joining Idorsia as chief commercial officer

Idorsia confirmed on Tuesday that Simon Jose would join the company as chief commercial officer on 1 December, and would also be a member of the company’s executive committee.

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Flowtech Fluidpower's revenue jumps 54% after acquisitions

Flowtech Fluidpower’s shares were boosted on Monday after its Power Motion Control division drove a jump in total revenue up to the third quarter.

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IntegraFin's Transact outperforms FTSE All-Share in fourth quarter

IntegraFin Holdings updated the market on funds under direction for its Transact platform for the fourth quarter ended 30 September on Tuesday, with the figure rising almost 4% over the third quarter.

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OnTheMarket adds Belvoir Lettings to online portal

Online property portal OnTheMarket revealed on Tuesday that it had reached an agreement with Belvoir Lettings to advertise the latter's UK residential sales and lettings properties at OnTheMarket. com.

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Smurfit Kappa breaks ground on rebuild of recovery boiler

Smurfit Kappa has begun the rebuild of a recovery boiler with a ground-breaking ceremony at its Nettingsdorf Paper Mill in Austria, it announced on Tuesday.

Pantheon Sept NAV down 0.4%

Private equity investment firm Pantheon International (PIP) said net asset value per share fell 0. 4% in September month on month.

London open: Stocks drop amid rising geopolitical tensions, Italy woes

London stocks fell in early trade on Tuesday, taking their cue from sharp losses in Asia amid rising global tensions.

Caledonia Investments sells supported living provider

Caledonia Investments has sold supported living care provider Choice Care Group for net proceeds of £99. 4m, five years after it was bought.

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Trade sales help offset weak UK for Travis Perkins

Building materials supplier Travis Perkins said a pick up in demand from trade buyers helped to offset “significant” pricing pressure in its UK operations in the third quarter.

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St James's Place reaches record funds under management in third quarter

Wealth management company St James's Place updated the market on new business inflows and funds under management for the nine months ended 30 September on Tuesday, reporting a gross inflow of funds of £11. 75bn for the period, up 12%.

Whitbread warns near-term profit may be weaker

After selling its Costa Coffee arm, Whitbread urged investors to accept slowing in sales and profit growth for its Premier Inn hotel chain was necessary amid weaker UK consumer demand and its plans for continued major investment in growth.

Plus500 Q3 hit by new regulations but FY seen ahead of expectations

Online trading platform Plus500 said on Tuesday that trading for 2018 is now expected to be ahead of expectations, as things start to perk up after third-quarter revenue was hit by new regulations.

ASOS poaches Britvic CFO Mathew Dunn

FTSE 250 drinks company Britvic announced on Tuesday that its chief financial officer, Mathew Dunn, has resigned to take up the same role at online fashion retailer ASOS.

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Anglo American Q3 production up 1% on copper equivalent

Mining giant Anglo American said third quarter total production increased 1% year-on-year on a copper equivalent basis, excluding the stoppage at its Minas-Rio iron ore operation.

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London pre-open: Stocks seen lower amid rising global tensions

London stocks were set to drop at the open on Tuesday following sharp losses in Asia overnight amid rising global tensions.

AstraZeneca extends collaboration deal with Innate Pharma

AstraZeneca, along with its global biologics research and development arm MedImmune, announced a new multi-term agreement with Innate Pharma on Tuesday, building on an existing collaboration.