NextEnergy Solar Fund ups dividend 3.3% even as power prices wilt

Solar power investor NextEnergy Solar Fund bumped up its dividend by 3.3%, even as it swung to a full-year loss due to lower power prices...

Tue, 30/06/2020 - 07:46


Shell warns of giant impairment charge of up to $22bn after slashing oil forecasts

Royal Dutch Shell warned that it would book a massive net impairment charge in the second quarter of up to $22bn after it cut its...

Tue, 30/06/2020 - 07:36


Cineworld pushes back UK, US reopening to 31 July amid delays to movie releases

Cinema group Cineworld pushed back plans to reopen cinemas in the UK and US to end of July, citing recent adjustments to the schedule of...

Tue, 30/06/2020 - 07:36


Balfour Beatty's JV Gammon Construction wins HK$5.67bn contract from Hong Kong government

Infrastructure group Balfour Beatty said its joint venture, Gammon Construction, had been awarded a HK$5.67bn contract from the Hong Kong government to deliver buildings, mechanical...

Tue, 30/06/2020 - 07:29


Rotork expects first-half revenue to fall 11-13% with 'relatively resilient' margins

Flow control and instrumentation group Rotork said it expected its first-half revenue to slip by around 11-13%, assuming there were no additional Covid-19-related disruptions.

Adjusted...

Tue, 30/06/2020 - 07:27


InterContinental Hotels expects 75% fall in Q2 room revenue; sees improvements amid reopening

Hotel chain InterContinental Hotels expected second-quarter room revenue to fall by 75%, but said it had seen signs of improvements as the pace of hotels...

Tue, 30/06/2020 - 07:24


Redrow warns of substantial profit hit as sales slump 36%

House builder Redrow said its annual sales had slipped 36% and its profit would be 'substantially' lower after Covid-19 lockdowns had a 'profound' impact on...

Tue, 30/06/2020 - 07:21


AstraZeneca's neurofibromatosis type 1 drug granted orphan drug designation in Japan

Pharma giant AstraZeneca said its drug to treat neurofibromatosis type 1, a rare and debilitating genetic disease, had been granted orphan drug designation in Japan....

Tue, 30/06/2020 - 07:11


Smiths to cut jobs in corporate restructure that will save £70m a year

Engineering company Smiths said it would cut an as yet unspecified number of jobs as part of a restructuring process, even as it announced a...

Tue, 30/06/2020 - 07:11


Economic Events - 7 Days Ahead Events

UK

01/07/2020 09:30 Final Manufacturing PMI
02/07/2020 09:30 Construction PMI
03/07/2020 00:01 BRC Retail Sales Monitor y/y
03/07/2020 09:30 Final Services PMI
06/07/2020 09:30...

Tue, 30/06/2020 - 07:00


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