LONDON MARKET OPEN: Stocks red on US rate increase worries

Stocks opened lower in London on Thursday, as hawking US Federal Reserve minutes indicated that further interest rate hikes may be on the cards

The FTSE...

Thu, 17/08/2023 - 09:06


NextEnergy Solar raises dividend despite net asset value fall

NextEnergy Solar Fund Ltd on Thursday said it continued to offer very attractive returns despite a decline in net asset value, as it kept its...

Thu, 17/08/2023 - 08:59


Casino operator Rank swings to annual loss as costs outpace revenue

Rank Group PLC on Thursday said it swung to an annual loss, despite revenue rising, as costs stacked up and other income declined.

The Mecca bingo...

Thu, 17/08/2023 - 08:58


Kin & Carta shares up as profit comes in ahead of market forecasts

Kin & Carta PLC shares were up on Thursday, after it said it expects profit to beat market forecasts for financial 2023.

Shares in the...

Thu, 17/08/2023 - 08:51


Empiric Student Property profit slips but fully booked for school year

Empiric Student Property PLC on Thursday boosted its outlook, after reporting higher revenue in the first half of 2023.

In the six months ended June 30,...

Thu, 17/08/2023 - 08:47


IN BRIEF: HgCapital Trust to get net asset value bump from Hg disposal

HgCapital Trust PLC - London-based investment vehicle that provides access to the private equity investments of New York-based manager Hg - HgCapital Trust will book...

Thu, 17/08/2023 - 08:34


abrdn Asian Income net asset value falls but investments losses narrow

abrdn Asian Income Fund Ltd on Thursday said net asset value per share fell and underperformed its benchmark over six months, although it managed to...

Thu, 17/08/2023 - 08:32


TOP NEWS: Bank of Georgia hikes interim dividend as profit jumps

Bank of Georgia Group PLC on Thursday reported a jump in interim profit, citing the growing economic Georgian economy and lower inflation.

The Tbilisi-based lender said...

Thu, 17/08/2023 - 08:14


TOP NEWS: BAE Systems buys Ball Aerospace business for $5.6 billion

BAE Systems PLC on Thursday said it has agreed to buy the Ball Aerospace business from Ball Corp for about $5.55 billion, in cash.

Ball...

Thu, 17/08/2023 - 08:07


Rishi Sunak says he hopes Britons will feel better off next year

Rishi Sunak has outlined his hopes to ensure Britons feel better off next year, amid warnings that the UK economy faces a ‘very real risk’...

Thu, 17/08/2023 - 07:01


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