Deliveroo eyes 2024 free cash flow as achieves 2023 adjusted profit

Deliveroo PLC hailed a ‘good financial performance’ in 2023, and said it expects to be free cash flow positive this year.

For 2023, the London-based takeaway...

Thu, 14/03/2024 - 10:40


IN BRIEF: MC Mining gets second supplementary statement from Goldway

MC Mining Ltd - Canberra, Australia-based developer of coal mines across South Africa - Says it has received a second supplementary statement from Goldway Capital...

Thu, 14/03/2024 - 10:36


PRESS: Hedge fund urges Glencore to move listing to Sydney - FT

Glencore PLC has been asked by a hedge fund to move its primary listing from London to Sydney, the Financial Times reported on Thursday.

Glencore is...

Thu, 14/03/2024 - 10:24


TOP NEWS: Trainline shares jump as predicts revenue growth beat

Rail ticket selling platform Trainline PLC on Thursday said it ‘outperformed expectations’ in its recently ended financial year, with revenue growth that was higher than...

Thu, 14/03/2024 - 10:21


FTSE 100 flat after spike in oil, OSB slumps despite buyback, Deliveroo targets positive cash flow in 2024 and Trainline on growth track in UK and Europe

“The FTSE 100 was broadly flat early on as a tick higher in oil prices lifted index heavyweights BP and Shell,” says AJ Bell Investment...

Thu, 14/03/2024 - 10:20


BP picks up Ashford site to boost electric charging scope for trucks

BP PLC on Thursday stepped up plans to increase its electric charging capacity for heavy goods vehicles by buying one of the largest truck stops...

Thu, 14/03/2024 - 10:19


TOP NEWS: AstraZeneca buys France’s Amolyt Pharma for $1 billion

AstraZeneca PLC on Thursday said it has struck a deal to acquire Amolyt Pharma SAS, strengthening its late-stage rare disease pipeline.

The Cambridge-based pharmaceutical company...

Thu, 14/03/2024 - 10:01


TOP NEWS: Shell weakens green targets but backs 2050 net zero ambition

Shell PLC on Thursday softened its target for carbon emissions but pledged to invest heavily to meet its net zero target.

Shares in Shell were up...

Thu, 14/03/2024 - 09:55


LONDON BROKER RATINGS: Kepler Cheuvreux likes Diageo; BofA lifts Man

The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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FTSE 100

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Kepler Cheuvreux raises Diageo to ’buy’ (hold) - price target 3,500 (3,050) pence

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Goldman...

Thu, 14/03/2024 - 09:51


LONDON MARKET OPEN: Full steam ahead at Trainline; OSB slumps

Indices in London were largely unmoved at the start of trading ahead of a batch of US data due on Thursday afternoon.

Among individual shares...

Thu, 14/03/2024 - 09:16


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