UPDATE: BoE edges closer to summer rate cut, leaves June options open

The Bank of England on Thursday moved a step nearer to a summer interest rate cut, but would not commit on whether this would come...

Thu, 09/05/2024 - 13:35


Watches of Switzerland completes Roberto Coin acquisition

Watches of Switzerland Group PLC on Thursday said it completed the acquisition of Roberto Coin Inc, an associate company of Roberto Coin Spa, for a...

Thu, 09/05/2024 - 13:28


Diversified Energy output steady amid ‘natural gas market headwinds’

Diversified Energy Co PLC on Thursday reported a ‘solid’ first-quarter, and said its cost reduction efforts have progressed as it looks to ‘navigate’ tricky natural...

Thu, 09/05/2024 - 13:01


John Wood first quarter revenue drops but keeps positive outlook

John Wood Group PLC on Thursday reported a drop in its quarterly sales, but maintained an upbeat outlook.

The Aberdeen, Scotland-based consulting and engineering for energy...

Thu, 09/05/2024 - 12:57


TOP NEWS: BoE holds interest rates steady as momentum for cut builds

The Bank of England left interest rates unchanged on Thursday, but momentum appeared to build for a rate reduction ahead as another policymaker joined the...

Thu, 09/05/2024 - 12:25


‘Well positioned’ Morgan Advanced Materials backs sales outlook

Morgan Advanced Materials PLC on Thursday reported strong growth in first quarter sales as it reiterated full-year financial guidance.

The Windsor, England-based carbon and ceramic...

Thu, 09/05/2024 - 12:23


LONDON MARKET MIDDAY: FTSE 100 up but pound struggles after BoE hold

Stock prices in London surged on Thursday afternoon, shaking off a muted morning, as a dovish tilt to the Bank of England’s latest rate hold...

Thu, 09/05/2024 - 12:22


IN BRIEF: HgCapital Trust touts continued positive NAV performance

HgCapital Trust PLC - London-based investment vehicle that provides access to the private equity investments of New York-based manager Hg - Net asset value per...

Thu, 09/05/2024 - 12:15


TOP NEWS: Blackstone victorious as Concord says Hipgnosis bid is final

Concord Chorus Ltd on Thursday said it will not raise its bid for Hipgnosis Songs Fund Ltd, handing victory to Blackstone Inc in its pursuit...

Thu, 09/05/2024 - 11:49


Think tank says next UK government must raise tax for public services

The winner of the next UK general election will have to raise taxes to maintain the current provision for public services, according to new analysis...

Thu, 09/05/2024 - 11:43


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