Company News
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GSK, SK Bioscience to start Phase 3 Covid vaccine trial
Monday 11 Jul 2022
(Sharecast News) - South Korea's SK Bioscience and the UK's GlaxoSmithKline on Tuesday said they would start a phase 3 clinical study of SK's Covid-19 vaccine candidate combined with GSK's pandemic va... Read More
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Grafton posts record H1 profits, reinstates dividend
Monday 11 Jul 2022
(Sharecast News) - Building materials and DIY group Grafton on Wednesday reported record profits and reinstated its dividend after a strong performance from its Woodies business in Ireland. Read More
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Polymetal lifts capex guidance, speeds up projects
Monday 11 Jul 2022
(Sharecast News) - Gold and silver miner Polymetal raised capital expenditure forecasts to reflect global inflation and accelerating several projects to take advantage of high silver prices. Read More
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PureGym 'considers IPO' among capital raising options
Monday 11 Jul 2022
(Sharecast News) - Britain's largest gym chain PureGym is considering its capital-raising options, including a potential market listing as it looks to meet the soaring demand for exercise as Covid cur... Read More
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GFG in talks with White Oak on Liberty refinancing - reports
Monday 11 Jul 2022
(Sharecast News) - The owner of Liberty Steel is in talks with the US lender White Oak Global Advisors over a refinancing deal, UK media reported Monday. Read More
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Glencore invests in UK gigafactory startup Britishvolt
Monday 11 Jul 2022
(Sharecast News) - Mining giant Glencore on Tuesday said it had bought a stake in Britishvolt, the battery start-up building a gigafactory in the UK. Read More
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Ryanair bans 'fake' boarding passes issued by Kiwi.com
Monday 11 Jul 2022
(Sharecast News) - Low-cost airline Ryanair on Wednesday warned passengers it would not accept "fake" boarding passes issued by travel website Kiwi.com. Read More
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Germany to sell up to 25% of stake in Lufthansa
Monday 11 Jul 2022
(Sharecast News) - The German government plans to sell up to a quarter of its 20% stake in Lufthansa over the coming weeks, the state finance agency said on Monday, as the airline's actions to weather... Read More
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TUI sees sharp jump in summer bookings as Covid restrictions ease
Monday 11 Jul 2022
(Sharecast News) - Holiday company TUI on Thursday said bookings had increased by 1.5m since the start of the summer reflecting pent-up demand when Covid restrictions were eased. Read More
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Heathrow says Covid tests costs 'a barrier' as July passenger number surge
Monday 11 Jul 2022
(Sharecast News) - Read More
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Gatwick Airport in talks with bankers over debt as interim losses narrow
Monday 11 Jul 2022
(Sharecast News) - Gatwick Airport said government Covid travel rules had contributed to a heavy interim loss and added that it seeking a temporary waiver on loan covenants from its banks. Read More
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Babcock sells Frazer-Nash Consultancy to KBR for £293m
Monday 11 Jul 2022
(Sharecast News) - Defence and aerospace engineer Babcock said it has sold its Frazer-Nash Consultancy to US peer KBR for £293m as part of its disposal programme to bolster its balance sheet. Read More
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Vodafone reintroduces EU roaming charges
Monday 11 Jul 2022
(Sharecast News) - Vodafone has become the latest UK mobile operator to u-turn on a post-Brexit pledge not to reintroduce hefty roaming fees for customers travelling in the European Union. Read More
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Macquarie takes majority stake in UK's Southern Water for £1bn
Monday 11 Jul 2022
(Sharecast News) - The Australian infrastructure investor Macquarie has taken a majority stake in Southern Water for more than £1bn, a month after the troubled UK utility was slammed with a £90m recor... Read More
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China exports slow in July; Rising commodity prices push up PPI
Monday 11 Jul 2022
(Sharecast News) - China reported an unexpected slowdown in import and export growth for July, while higher commodity prices drive a surge in factory gate prices, according to official data released o... Read More
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Taylor Wimpey lifts guidance, pays dividend as profits return
Monday 11 Jul 2022
(Sharecast News) - Home builder Taylor Wimpey on Wednesday upgraded annual guidance and reinstated its dividend as it swung to a first-half profit on the back of a booming housing market. Read More
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Rolls-Royce swings to small profit, maintains 2021 targets
Monday 11 Jul 2022
(Sharecast News) - Aircraft engine maker Rolls-Royce swung to an interim profit as it continued to cut costs and looked to turn cash-flow positive during the second half of the year. Read More
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StanChart resumes dividend, announces buyback as profits rise
Monday 11 Jul 2022
(Sharecast News) - Standard Chartered reported a rise in first-half profits and said it was resuming dividends against an improving economic backdrop. Read More
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Direct Line profits rise as Covid drives decline in motor claims
Monday 11 Jul 2022
(Sharecast News) - Direct Line reported higher interim earnings on Tuesday on the back of lower motor claims as the Covid pandemic kept drivers off roads during lockdowns. Read More
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Heineken warns on rising costs, Covid as H1 profits soar
Monday 11 Jul 2022
(Sharecast News) - Brewing giant Heineken on Monday reported better-than-expected interim profits but warned of a weaker second half due to higher costs and the Covid-19 pandemic. Read More
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