Headline News
THG announces £75m fundraising, demerger of Ingenuity business
E-commerce company THG said on Thursday that it will go ahead with plans to demerge its Ingenuity business into a standalone independent private entity as it announced a £75m equity raising to help facilitate the demerger.
Shares fall as Delta's third-quarter update disappoints
Shares in Delta Air Lines came under pressure on Thursday, after third-quarter earnings and sales guidance disappointed.
Games Workshop board taps Mark Lam as its new chair
Games Workshop Group announced the appointment of Mark Lam as its new non-executive chair on Thursday, effective 1 November.
Ithaca credit ratings upgraded after Eni UK combination
Ithaca Energy announced on Thursday that, following the completion of its business combination with Eni’s UK upstream oil and gas assets on 3 October, its credit ratings had been upgraded by multiple agencies.
Renewi completes divestment of UK business to Biffa
Waste-to-product specialist Renewi announced on Thursday that it has completed the sale of its UK Municipal operations to UK integrated waste management business Biffa.
Foresight reports strong trading in first half
Foresight Group, an investment manager in real assets and growth capital, updated the market on its first-half trading on Thursday, with core EBITDA before share-based payments totalling £29m, in line with management expectations to double core EBITDA over a five-year period.
EDF seeks £4bn to help fund Hinkley Point C - report
Electricite de France is holding talks with investors about funding Hinkley Point C, the nuclear power plant is it in building in Somerset, it was reported on Thursday.
Unilever quits Russia after striking deal with Arnest
Consumer goods giant Unilever has sold its Russian business, it was confirmed on Thursday, bringing to an end its presence in the country.
Profits spark at N Brown despite sales slide
Online retailer N Brown Group posted strengthened half-year profits and reiterated its full-year outlook on Thursday, despite a "soft" clothing market weighing on sales.
GSK to pay $2.2bn to settle Zantac lawsuits
GSK has agreed to pay $2. 2bn to settle about 80,000 Zantac lawsuits in the US.
Chemring Nobel to look into new Norway explosives production plant
Chemring Group announced on Thursday that its subsidiary Chemring Nobel was partnering with the Norwegian government on a feasibility study to assess the development of a new military explosives production facility.
UK house prices push higher for first time since 2022
House prices have risen across the UK for the first time in two years, a closely-watched survey showed on Thursday, as the market was buoyed by lower interest rates.
Full-year revenue, earnings rise for Volution
Volution Group, a designer and manufacturer of air quality systems, reported full-year revenue of £347. 6m in its preliminary results on Thursday, a 6% increase, with adjusted operating profit rising 11. 7% year-on-year to £78m.