Avation aircraft sale frees up $5 million for reinvestment

Avation PLC on Monday revealed that a profitable aircraft sale has freed up cash for reinvestment into previously announced orders.

The Singapore-based commercial passenger aircraft...

Mon, 25/11/2024 - 10:11


FTSE 100 higher as markets welcome Trump’s Treasury pick, , ITV up on takeover chatter and InterContinental Hotels in JPMorgan Chase tie-up

“The FTSE 100 made a decent start on Monday morning after US president-elect Donald Trump’s pick for Treasury secretary got a warm reception from the...

Mon, 25/11/2024 - 10:00


Shares in Benchmark jump after up to £260 million Genetics unit sale

Benchmark Holdings PLC on Monday said it would use proceeds from the sale of its Genetics business to return capital to shareholders and reduce debt.

The...

Mon, 25/11/2024 - 09:56


LONDON BROKER RATINGS: Deutsche Bank raises JD Sports and Weir

The following London-listed shares received analyst recommendations Monday morning and on Friday:

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FTSE 100

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Deutsche Bank raises JD Sports Fashion to ’hold’ (sell)

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UBS cuts JD Sports Fashion...

Mon, 25/11/2024 - 09:41


TOP NEWS: Anglo American sells rest of coal assets for $3.8 billion

Anglo American PLC on Monday said it has struck a deal to sell the remainder of its coal business as it continues progressing its new...

Mon, 25/11/2024 - 09:28


Rentokil hires Flutter alumnus Paul Edgecliffe-Johnson to be CFO

Rentokil Initial PLC on Monday said Paul Edgecliffe-Johnson, a former Flutter and IHG executive, will join the company to be chief financial officer.

The Crawley, England-based...

Mon, 25/11/2024 - 09:09


LONDON MARKET OPEN: European stocks up as Trump pick soothes markets

Stock prices in Europe opened in the green on Monday as Donald Trump picked hedge fund manager Scott Bessent as the next US Treasury secretary,...

Mon, 25/11/2024 - 08:59


TOP NEWS: Kingfisher sales miss expectations after soft October

Kingfisher PLC on Monday trimmed the top end of its profit guidance range after soft trading in October, and flagged an expected hit of £45...

Mon, 25/11/2024 - 08:56


InterContinental Hotels inks new deals with US credit card partners

InterContinental Hotels Group PLC on Monday announced new agreements with existing US partners to continue providing co-branded credit cards.

IHG said the new deals with JPMorgan...

Mon, 25/11/2024 - 08:50


UK spies to counter Russian cyber warfare threat with AI security lab

British spies will seek to counter the threat of Russian cyber warfare with a new laboratory for artificial intelligence, a minister will announce, as he...

Mon, 25/11/2024 - 06:55


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