Market news


Genus interim profit plummets due to negative asset valuation

Genus PLC on Thursday said profit plummeted in the first half of its current financial year, driven by a negative valuation of its assets.

The...

Thu, 27/02/2025 - 13:37


Kore Potash estimates Kola development costs at $2 billion

Kore Potash PLC on Thursday estimated the costs to building its Kola project in Republic of Congo at $2.0 billion.

The London-based company said capital...

Thu, 27/02/2025 - 13:07


Ocado annual pretax loss narrows; focused on speeding up growth

Ocado Group PLC on Thursday said it made good financial progress in the potential of automation to improve retail supply chains in the past financial...

Thu, 27/02/2025 - 12:37


Starmer says no ‘big decisions’ in Chancellor Reeves’ spring statement

Rachel Reeves will not make ‘big’ decisions on tax and spending next month, UK Prime Minister Keir Starmer said despite mounting expectations the budget watchdog...

Thu, 27/02/2025 - 12:31


PRESS: BP CEO aims to double company valuation to $200 billion - FT

BP PLC Chief Executive Officer Murray Auchincloss aims to more than double the London-based oil major’s market value to $200 billion within five years, the...

Thu, 27/02/2025 - 12:20


Howden Joinery starts £100 million share buyback amid stable results

Howden Joinery Group PLC on Thursday set out plans for a share buyback worth £100 million and increased its cash dividend slightly, as it reported...

Thu, 27/02/2025 - 12:19


IN BRIEF: John Wood names former TalkTalk, ICAP CFO as interim CFO

John Wood Group PLC - Aberdeen-based oilfield and engineering services provider - Names Iain Torrens as interim chief financial officer, following the resignation of Arvind...

Thu, 27/02/2025 - 12:15


Midday market roundup: Stocks mixed as Rolls-Royce shines

Stocks in London were mostly in the red at Thursday midday, as investors await US jobless data, while insurer Aviva rose as it increased its...

Thu, 27/02/2025 - 12:10


Hiscox lifts dividend 15% as it reports record annual profit

Hiscox Ltd on Thursday reported ‘record’ annual profit and announced a $175 million share buyback, as the insurer said it expects positive momentum to continue...

Thu, 27/02/2025 - 12:00


Greencoat UK Wind net asset value down as swings to loss in 2024

Greencoat UK Wind PLC on Thursday said it swung to a loss during 2024, as a result of fair value losses made within its investment...

Thu, 27/02/2025 - 11:54


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