Inspirit Energy receives Volvo Penta backing to develop waste heat recovery system

Inspirit Energy said it agreed a letter of support from Volvo Penta to develop a waste heat recovery system.

The development of its waste heat...

Tue, 03/11/2020 - 08:44


Weir reports demand pick-up from previous slump

Engineering firm Weir said demand had strengthened towards the end of the third quarter, bouncing back somewhat from very depressed levels as the coronavirus pandemic...

Tue, 03/11/2020 - 08:37


Associated British Foods profit slumps 40% as pandemic hits Primark sales

Associated British Foods reported a slump in annual profit as the coronavirus-led hit to Primark sales offset growth in its sugar and food ingredients units....

Tue, 03/11/2020 - 08:28


DS Smith confirms unchanged guidance as market improve

Packaging firm DS Smith flagged improving market conditions and maintained its own financial performance guidance despite the obvious uncertainties around the coronavirus pandemic.

Shares...

Tue, 03/11/2020 - 08:27


Rio Tinto board member to stand down

Rio Tinto has said David Constable, a non-executive director of the mining giant, will step down for his role from 31 December 2020.

Constable,...

Tue, 03/11/2020 - 08:26


Wizz Air passenger numbers fall 69.1% in October

Budget carrier Wizz Air flew 69.1% fewer passengers during the month of October year-on-year, as the pandemic continued to pressure travel demand.

Passenger volumes in...

Tue, 03/11/2020 - 08:18


Carnival Corporation extends suspension of North American operations until year-end

Cruise company Carnival Corporation said its North American cruise line brands would extend their existing pause in operations, suspending cruise voyages until the end of...

Tue, 03/11/2020 - 08:10


IWG revenue falls in Q3 as pandemic hits services business

Officer space operator IWG reported a fall in third quarter revenue as sales growth was offset by customer churn and a pandemic-led hit to services...

Tue, 03/11/2020 - 08:03


Coats upgrades outlook on improved performance

Thread manufacturer Coats upgraded its outlook on profit following improved trading performance.

Adjusted operating profit for 2020 is expected to be ahead of market...

Tue, 03/11/2020 - 07:53


Chemring sees profit within top end of market expectations; wins new UK defence contracts

Defence company Chemring said it expected annual adjusted operating profit to be at the top end of current market expectations following a strong end to...

Tue, 03/11/2020 - 07:42


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