FTSE opens 1.1% higher as global recovery hopes grow

UK stocks opened more than 1% higher on Wednesday as progress on Covid vaccines and US stimulus continued to fuel hopes the global economy was...

Wed, 03/03/2021 - 08:42


Hiscox swings to loss as pandemic-linked claims bite

Insurance company Hiscox swung to an annual loss, driven by the impact of event cancellation and business interruption claims owing to the Covid-19 pandemic....

Wed, 03/03/2021 - 08:11


JLEN acquires battery storage project

Infrastructure fund JLEN said it had acquired Gigabox South Road, which held the development rights to construct the West Gourdie project, a 50MW lithium-ion battery...

Wed, 03/03/2021 - 08:04


Beazley's chief underwriting officer Andrew Horton set to depart for CEO role at QBE Insurance

Insurance company Beazley said chief underwriting officer Andrew Horton is set to depart to become the chief executive officer of QBE Insurance in Australia....

Wed, 03/03/2021 - 08:01


Vivo Energy profit drops 40%; sees 'swift' recovery

Africa-focused fuel retailer Vivo Energy booked a 40% drop in annual profit, owing to lower demand for petrol during the pandemic.

The company, however, also...

Wed, 03/03/2021 - 08:01


888 confirms Jonathan Mendelsohn to take up chair role on 31 March

Online gambling company 888 said Lord Jonathan Mendelsohn, chair designate, would take up the role of chair on 31st March 2021.

Brian Mattingley would...

Wed, 03/03/2021 - 07:57


Playtech appoints Brian Mattingley as chairman

Gambling software group Playtech said it had appointed Brian Mattingley as its chairman.

Mattingley was currently chairman of rival gambling group 888 and would take...

Wed, 03/03/2021 - 07:54


Avast annual profit slips as higher costs offset revenue growth; hikes dividend

Cybersecurity company Avast reported lower annual profit as higher costs offset a climb in revenue.

For the year ended 31 December 2020, pre-tax fell...

Wed, 03/03/2021 - 07:54


Micro Focus International inks collaboration pact with Amazon

Enterprise software company Micro Focus International said it had signed a commercial agreement with Amazon's web services business.

The agreement would see the companies 'accelerate...

Wed, 03/03/2021 - 07:49


Polymetal hikes dividend 57% as profit more than doubles

Precious metals miner Polymetal International said its annual profit more than doubled to a record after it cashed in on a surge in gold prices....

Wed, 03/03/2021 - 07:44


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