Company News
EasyJet to take off on back of Air Berlin slots acquisition - Morgan Stanley
EasyJet looks ready to reap the benefits of its moves to expand its short-haul flight business, as its acquisition of recently collapsed carrier Air Berlin's operations at Tegel Airport set up the British firm to take the title of Germany's leading airline.
UK retail sales tank in December, dragging 2017 to four-year low
Official UK retail sales sank sharply last month in the worst December performance for seven years as households continued to feel the real income squeeze.
Record upbeat after third quarter performance
Specialist currency manager Record announced on Friday that its assets under management equivalents (AUME) at the end of its third quarter on 31 December totalled $63. 9bn, up from $61. 2bn at the start of the quarter.
Gama Aviation reports strong year amid ongoing legal battles
Business aviation services provider Gama Aviation updated the market on its trading for the full year to 31 December 2017 on Friday, in advance of the publication of its full year results.
United Oil and Gas confirms commercial discovery at Italian asset
United Oil & Gas has confirmed a "significant commercial discovery" from a well in the Selva gas field in northern Italy, with a production concession application to the Italian Ministry planned for submission before the end of first half of 2018.
Aviva finalises disposal of Taiwanese operations to JV partner
Insurance group Aviva has completed the sale of its 49% shareholding in its Taiwanese joint venture, First Aviva Life, to its partner First Financial Holdings.
Esure boss Vann departs amid strategy rethink, sale speculation
Motor and home insurer Esure's chief executive Stuart Vann has left the company with immediate effect as the company "evolves" its strategy, with founder and chairman Peter Wood taking a more active role.
Bonmarche tumbles as sales drop over Christmas
Shares in Bonmarche tumbled on Friday as the womenswear retailer posted a drop in sales over the Christmas period amid a “challenging” clothing market.
AstraZeneca gets approvals for Fasenra and Lynparza in Japan
AstraZeneca announced the approval of two of its drugs in Japan on Friday - Fasenra (benralizumab) as an add-on treatment for bronchial asthma in patients who continue to experience asthma exacerbations despite treatment with high-dose inhaled corticosteroid and other asthma controllers, and Lynparza (olaparib) tablets at 300mg twice daily, for use as a maintenance therapy for patients with platinum-sensitive relapsed ovarian cancer, regardless of their BRCA mutation status, who responded to their last platinum-based chemotherapy.
British Land appoints Simon Carter as CFO
British Land has appointed Simon Carter - currently chief financial officer at Logicor - as its new CFO, succeeding Lucinda Bell.
HSBC pays US settlement after 'front-running' forex fraud
HSBC has agreed a financial settlement with the US Department of Justice to resolve its investigation into the bank's foreign exchange division misusing confidential client information and giving false information to a corporate client between 2010 and 2011.