Latest News
Smith & Nephew announces progress on pressure ulcers
Smith & Nephew said its Allevyn Life dressing had been found to reduce the chance of elderly patients developing pressure ulcers after hip fractures.
HSBC to cough up €300m to settle French tax evasion case
HSBC has been forced into settling legal action with French prosecutors to the tune of €300m over alleged tax evasion from its clients in the country.
Army seizes power in Zimbabwe but denies Mugabe coup
Zimbabwe is now under the control of the country’s military after the army seized power on Wednesday, but said they guaranteed the security of President Robert Mugabe.
Europe open: Airbus clinches historic order, pushing euro higher
European stocks have started the morning lower with some London-based traders referencing "diminished expectations" for US tax reforms and commodity price weakness as the catalysts for selling.
Crest Nicholson guidance disappoints but forward sales impress
Housebuilder Crest Nicholson reported solid growth in sales and selling prices and strong forward sales, though profits for the year may come in at the lower end of guidance.
Wizz Air signs up for another 146 next-generation Airbus aircraft
Central and Eastern Europe’s largest low-cost airline, Wizz Air Holdings, announced on Wednesday that following a competitive selection process, it has signed a memorandum of understanding with Airbus relating to the purchase of a further 146 Airbus A320neo family aircraft.
Bezant announces successful mining of Colombian asset
London-based exploration company Bezant Resources announced on Wednesday that it had successfully mined into the high-grade gold-platinum zones at its Colombian asset.
Carillion JV wins Middle East contracts
Beleaguered support services and construction company Carillion said on Wednesday that its 50:50 joint venture with the Zawawi family - Carillion Alawi - has been selected as the preferred bidder for the design and build of the New Sultan Qaboos Hospital in Salalah, the capital city of southern Oman's Dhofar province.
First half struggles drag GAME Digital to a loss
Video game retailer Game Digital posted a decline of 3. 6% in revenue for its full-year trading, as several challenges experienced in the first half carried over into the second and brought the group to a loss.
London open: Stocks edge lower ahead of jobs data
London stocks edged lower in early trade on Wednesday as investors eyed the release of the latest UK jobs data.
Walker Greenbank slides as it warns on profits
AIM-listed luxury interior furnishings group Walker Greenbank warned on Wednesday that full-year profits are likely to be around 10% below its expectations.
Experian highlights risks after Equifax security breach
Experian said risks from regulation and information security could rise after a massive data breach at rival credit monitor Equifax.
Cobham says trading in line with expectations
Cobham said trading in 2017 was generally in line with expectations after the aerospace and defence supplier issued a string of profit warnings and was forced to raise funds from shareholders.
Premier Foods squeezes out H1 profit thanks to strategic partnerships
Mr Kipling and Paxo owner Premier Foods squeezed out a profit in the first half of the year as revenue rose thanks to its strategic partnerships with Mondelez and Nissin.
Great Portland Estates confident in ongoing growth despite market uncertainty
Great Portland Estates reported a 1% improvement in its portfolio valuation in its first half results on Wednesday, with the value of its developments rising 1. 6% over the half-year.
Card Factory revenue grows but margins under pressure
Greeting card retailer Card Factory increased its revenue 6. 7% in the nine months leading to 31 October, driven principally by growth in lower margin non-card categories.
Pollution authorities revoke closure order on Vedanta power units
Vedanta Resources confirmed on Wednesday that the State Pollution Control Board in the Indian state of Odisha, through its order on 10 November, has revoked the closure order on the remaining two power units that were shut down as directed by them on 13 September.
Barratt Developments hails strong start to year, private sales remain strong
Housebuilder Barratt Developments said on Wednesday that it has made a strong start to the year and remains confident of delivering a good performance in FY18.
AstraZeneca upbeat on FDA approval for asthma treatment Fasenra
AstraZeneca and its global biologics research and development arm, MedImmune, announced on Wednesday that the US Food and Drug Administration has approved Fasenra (benralizumab) for the add-on maintenance treatment of patients with severe asthma aged 12 years and older, and with an eosinophilic phenotype.
Legal & General Investment Management buys ETF platform Canvas
Legal & General Group announced on Wednesday that Legal & General Investment Management Holdings has entered into an agreement to acquire Canvas, the established exchange traded fund platform of ETF Securities, for an undisclosed consideration.