Airtel Africa swings to loss as revenue falls on currency devaluation

Airtel Africa PLC on Thursday reported a decline in revenue, on a foreign exchange hit, though the Africa-focused telecommunications firm said it has recently ‘reduced...

Thu, 09/05/2024 - 10:02


TOP NEWS: 3i NAV increase driven by compelling growth story at Action

3i Group PLC on Thursday boosted its dividend, despite a drop in profits, after an ‘excellent’ performance from retailer Action.

Shares in the London-based private...

Thu, 09/05/2024 - 10:00


LONDON BROKER RATINGS: NatWest target raised, other lenders backed

The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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FTSE 100

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UBS cuts Prudential price target to 1,110 (1,140) pence - ’buy’

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Deutsche Bank starts Whitbread...

Thu, 09/05/2024 - 09:53


TOP NEWS: Upbeat BAE Systems backs outlook for double-digit sales rise

BAE Systems PLC on Thursday said trading is in line with expectations backed by increased defence spending.

In a statement ahead of Thursday’s annual general meeting,...

Thu, 09/05/2024 - 09:30


LONDON MARKET OPEN: Stocks tick down before Bank of England rate call

Stock prices in London edged down at the open on Thursday, while investors expect the Bank of England to keep its benchmark bank rate unchanged.

The...

Thu, 09/05/2024 - 09:23


IN BRIEF: Alliance Pharma drops as CEO departs, delays results again

Alliance Pharma PLC - Chippenham, Wiltshire-based distributor of consumer healthcare brands and prescription medicines - Shares close down 14% in London on Wednesday, after Alliance...

Thu, 09/05/2024 - 06:59


UK FCA defends ’name and shame’ proposals after backlash

The UK’s financial watchdog has said it was not expecting the ‘stern reaction’ to its plans to ‘name and shame’ firms it is investigating, after...

Thu, 09/05/2024 - 06:23


UK home buyer inquiries flatlined in April amid affordability woes

New home buyer inquiries fell back in April following three months of increases in a row, according to surveyors.

The Royal Institution of Chartered Surveyors said...

Thu, 09/05/2024 - 05:55


UK’s Cameron to urge Nato countries to boost defence spending

UK Foreign Secretary David Cameron will on Thursday urge Nato partners to soon start spending 2.5% of GDP on defence, during a major speech in...

Thu, 09/05/2024 - 05:50


Royal London rattled by exodus as star manager and colleagues strike out on their own

Investors in the high-profile Royal London Global Equity Select (BF93W97) fund face a dilemma following the surprise resignation of star manager Peter Rutter from RLAM...

Thu, 09/05/2024 - 00:00


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