FTSE steady after bond rout and selling on Wall Street, Spirent warns on profit, Superdry agrees Indian licensing deal and Tesco shares up on strong result

“It feels gloomy right now with a ‘higher rates for longer’ assumption helping to sour sentiment,” says AJ Bell Investment Director Russ Mould.

“This...

Wed, 04/10/2023 - 09:49


TOP NEWS: Superdry shares up as posts sale of assets for joint venture

Superdry PLC on Wednesday said it will establish an intellectual property joint venture in India in collaboration with Reliance Brands Holding UK Ltd, a company...

Wed, 04/10/2023 - 09:32


How the Single Tax hurts your finances

On this episode Danni and Laura examine the “Single Tax”, which not only impacts your day-to-day money but also has huge implications for your long-term...

Wed, 04/10/2023 - 09:24


TOP NEWS: SSE expects improvement in half-year but weak renewables

SSE PLC on Wednesday updated on its performance for the period to September 30, eyeing a stronger half-year and a weaker full-year compared to a...

Wed, 04/10/2023 - 09:08


Sanofi, Teva collab to deliver inflammatory bowel disease treatment

Sanofi SA and Teva Pharmaceuticals, a US subsidiary of Teva Pharmaceutical Industries Ltd, on Wednesday announce collaboration to co-develop and co-commercialize asset TEV’574.

Sanofi is a...

Wed, 04/10/2023 - 09:08


LONDON MARKET OPEN: Stocks fall amid fears over high US interest rates

Stock prices in London opened lower on Wednesday, but Tesco shares rose amid a profit jump, while global investors were cautious over fears of ’higher-for-longer’...

Wed, 04/10/2023 - 09:07


TOP NEWS: Spirent shares topple as it warns on bleak outlook

Spirent Communications PLC on Wednesday cut its annual outlook, reporting a weak order book and a slow summer period.

Shares in the Crawley, England-based automated...

Wed, 04/10/2023 - 08:58


UK CMA approves Thales-Hitachi £1.5 billion rail infrastructure deal

The UK’s competition watchdog has said it will give the green light to £1.5 billion takeover of Thales SA’s rail infrastructure after buyer Hitachi Ltd...

Wed, 04/10/2023 - 08:41


TOP NEWS: Tesco interim profit surges as inflation eases

Tesco PLC on Thursday upped its full-year profit outlook, as its interim profit surged.

Tesco said in the 26 weeks to August 26, pretax profit jumped...

Wed, 04/10/2023 - 08:27


IN BRIEF: Kibo Energy to sell stake in Botswana coal power project

Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Agrees to sell its 35% interest in Kibo Energy Botswana...

Wed, 04/10/2023 - 07:44


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