Imperial Brands lights up, Novo Nordisk launches weight-loss drug in China, Alphabet could be forced to sell Chrome, Nestlé to slash costs and carve out water and drinks arm and Mulberry’s losses grow

“Well-received results from Imperial Brands helped to drive the FTSE 100 up 0.15% to 8,121. Imperial Brands’ shares lit up 1.8% to £24.45, having...

Tue, 19/11/2024 - 10:10


Genuit Group sees revenue decline amid subdued market conditions

Genuit Group PLC on Tuesday reported challenging year-to-date trading conditions, with profit for 2024 guided in the lower end of analyst expectations.

The Leeds, England-based...

Tue, 19/11/2024 - 09:43


LONDON BROKER RATINGS: Shore Capital says ‘hold’ Intertek

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

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FTSE 100

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RBC starts Tesco with ’sector perform’ - price target 375 pence

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RBC starts...

Tue, 19/11/2024 - 09:36


Rio Tinto to obtain 98% stake in Australian miner through rights issue

Rio Tinto PLC on Tuesday said it has taken up full entitlements in an Energy Resources of Australia Ltd rights issue.

The London-based diversified mining company...

Tue, 19/11/2024 - 09:28


TOP NEWS: Imperial Brands posts flat sales but picks up market share

Imperial Brands PLC on Tuesday said price rises helped offset reduced volumes in its tobacco business, leaving full-year revenue little changed.

The Bristol, England-based tobacco products...

Tue, 19/11/2024 - 09:20


LONDON MARKET OPEN: European stocks mixed ahead of eurozone CPI

The FTSE 100 on Tuesday morning outperformed its French and German peers, as investors await consumer price inflation data from the eurozone.

The UK government...

Tue, 19/11/2024 - 09:16


TOP NEWS: Informa sees business momentum as confirms 2024 guidance

Informa PLC on Tuesday noted healthy growth this year as it aims for a further climb in underlying revenue.

The London-based business information publisher and events...

Tue, 19/11/2024 - 08:55


Asos boss enjoys pay deal jump despite company’s heavy losses

The boss of Asos has seen his pay deal jump by almost 44% for the past year despite widening losses at the online fashion giant.

The...

Tue, 19/11/2024 - 08:25


UK retail bosses warn of ’inevitable’ job losses amid Budget changes

A group of Britain’s largest retailers has warned jobs will be lost and prices will rise due to the national insurance rise announced in October’s...

Tue, 19/11/2024 - 08:20


TOP NEWS: UK business openings fall to lowest level since 2010

New business openings across the UK hit their lowest rate in more than a decade last year, official figures show.

Data from the Office for National...

Tue, 19/11/2024 - 08:16


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