Company News
Walmart to sell entire $3.7bn stake in JD.com
Shares in JD. com tanked in Hong Kong on Wednesday after American retail titan Walmart signalled its intention to dispose of its stake in the Chinese ecommerce giant worth $3. 7bn.
URU upbeat as Zeb Nickel secures environmental authorisation
URU Metals announced on Wednesday that its associate company Zeb Nickel has secured an integrated environmental authorisation from the South African Department of Minerals and Petroleum Resources (DMPR) for the Zeb Nickel Project in Limpopo Province.
Costain unveils £10m buyback as first-half profits rise
Costain has announced a £10m share buyback programme as it reported higher profits for the first half on the back of improved margins and a better product mix.
UK borrowing higher than expected in July
Government borrowing was higher than expected in July, according to figures released on Wednesday by the Office for National Statistics.
Barratt-Redrow merger one step closer to regulatory approval
The competition authority has announced that the allowances made by Barratt Developments and Redrow in order to pave way for regulatory approval may just be enough to get the green light.