Latest News
Sorrell's S4 Capital acquires MediaMonks
Derriston Capital announced on Tuesday that S4 Capital - Sir Martin Sorrell’s new venture - has acquired MediaMonks Multimedia, in a transaction which it said seeked to create “the digital platform of the future”.
Capital Drilling revenues rise quarter-on-quarter
African-focussed drilling solutions company Capital Drilling saw revenue increase 4. 5% on last quarter but, as its first half drew to a close, the firm fell short of a year-on-year improvement.
German economic sentiment hit by trade war woes, political uncertainty
German economic sentiment deteriorated more than expected in July as political uncertainty and worries about a trade war took their toll, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.
UK manufacturing and construction sectors rally
UK industrial production made a negative contribution to national growth in May but manufacturing activity made a subdued recovery, official figures showed on Tuesday.
Robert Walters Q2 profit up 16% amid growth across regions
Recruiter Robert Walters posted a 16% rise in second-quarter gross profit on Tuesday amid growth across its regions and business lines.
Takeda gets clearance for Shire deal from US FTC
Takeda Pharmaceutical has been given permission by the US consumer protection agency for its takeover of UK drug-maker Shire.
Petrofac wins contract for Dutch offshore wind farm grid
Petrofac has been awarded a $200m contract by Dutch-German transmission grid operator TenneT for the Hollandse Kust Zuid offshore grid connection for a wind farm in the North Sea.
Cambian surges as it confirms approach from rival CareTech
Social care services group Cambian shot higher on Tuesday after confirming that it has received a proposal from rival CareTech regarding a possible cash and share offer.
Fox mulling higher bid for Sky - report
21st Century Fox is preparing to make a higher bid of around £25bn for Sky in order to both satisfy investor pressure and to outbid rival Comcast, according to reports.
London open: Stocks nudge higher as pound steadies
London stocks nudged higher on Tuesday as the pound steadied following sharp losses in the previous session in the wake of political turmoil.
Dechra posts solid year of revenue growth
Dechra Pharmaceuticals updated the market on its trading for the financial year ended 30 June on Tuesday, ahead of its preliminary financial results, reporting that trading in the year was “strong” and in line with management expectations.
Vodafone launches wearables for children and the infirm
Vodafone Group announced the launch of the first wearable products in its ‘V by Vodafone’ consumer internet of things (IoT) range on Tuesday - the ‘V-SOS Band by Vodafone, an emergency alert wristband; and the ‘V-Kids Watch by Vodafone’ smartwatch.
Kier Group gets three-year extensions to Highways England contracts
Infrastructure services provider Kier Group has secured three-year extensions on its Highways England contracts for Areas 3 and 9, with a total value of around £250m per annum, it confirmed on Tuesday.
TP Icap fires CEO, warns of rising costs
Interdealer broker TP ICAP on Tuesday fired chief executive John Phizackerley as it said it would need to cut synergy targets in the face of rising costs.
Tesco UK CEO steps down for cancer recovery
Tesco's UK and Ireland chief executive Charles Wilson is stepping down as he recovers from throat cancer, the company said on Tuesday.
Softcat sees FY operating profit 'materially' ahead of previous expectations
Softcat said on Tuesday that it expects 2018 adjusted operating profit to be "materially ahead" of its previous expectations thanks to favourable market conditions.
Tuesday newspaper round-up: Retail, waistcoats, Sky, Ei Group
Britain’s retailers are benefiting from England’s continuing World Cup run and the warm weather boosting beer, barbecue and big-screen TV sales, despite the severe underlying challenges facing the high street. Suggesting deep problems remain for retailers as they close hundreds of stores across the country, the British Retail Consortium (BRC) and KPMG said World Cup fever sweeping the nation along with a heatwave helped paper over the cracks for the industry in June.
London pre-open: Stocks to edge up despite political turmoil
London stocks were set to edge higher at the open on Tuesday despite political turmoil.
Kier gets 3-year extension to Highways England contract, underlying profit remains flat at Ocado
London open The FTSE 100 is expected to open flat on Tuesday, having closed up 0. 92% at 7,687. 99 on Monday.