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IN BRIEF: Herald says Glass Lewis backs vote against Saba resolutions

Herald Investment Trust PLC - London-based investor in technology, media and communications companies - Says independent proxy adviser Glass Lewis recommends shareholders vote against Saba...

Thu, 16/01/2025 - 12:16


discoverIE buys German sensor maker Burster for up to €43 million

discoverIE Group PLC on Thursday said it has agreed to buy specialist sensor manufacturer Burster Gmbh & Co Kg for an initial €30.6 million.

The Guildford,...

Thu, 16/01/2025 - 12:15


LONDON MARKET MIDDAY: European stocks green; BP edges up as axes jobs

Stock prices in London, Paris and Frankfurt were higher at midday Thursday, as investors await US weekly jobless claims data.

UK gross domestic product edged up...

Thu, 16/01/2025 - 11:48


BP to axe 4,700 jobs globally amid cost-cutting drive

BP PLC has said it will cut 4,700 jobs across its global workforce and 3,000 contractor roles as part of a cost-saving drive.

The company did...

Thu, 16/01/2025 - 11:30


Ireland consumer price inflation rate picks up to 1.4% in December

Ireland’s annual consumer price inflation rate accelerated last month, numbers from the nation’s Central Statistics Office showed on Thursday.

Year-on-year consumer price inflation picked up...

Thu, 16/01/2025 - 11:25


Ibstock revenue slips but anticipates stronger year ahead

Ibstock PLC on Thursday said revenue decreased in 2024, despite a ‘resilient performance’, as it gave a more positive outlook for 2025.

The Leicestershire, England-based company...

Thu, 16/01/2025 - 11:17


IN BRIEF: Morgan Advanced Materials CEO retires; sees 2024 sales rise

Morgan Advanced Materials PLC - Windsor, England-based manufacturer of carbon and ceramic materials - Says Chief Executive Officer Pete Raby intends to retire, following a...

Thu, 16/01/2025 - 11:16


SMALL-CAP WINNERS & LOSERS: CAB Payments to cut headcount

The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

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SMALL-CAP - WINNERS

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Carr’s Group PLC, up 10% at 126.75 pence,...

Thu, 16/01/2025 - 11:08


UK PM Starmer warns will take time to revive economy after weak growth

Turning the UK economy around will ‘take time’, Keir Starmer said after the latest figures showed weaker-than-expected growth.

The figures for November showed a return to...

Thu, 16/01/2025 - 10:59


Wise shares decline as laments foreign exchange headwind

Wise PLC on Thursday saw its shares fall, as it celebrated a surge in cross-border volumes but warned of growth at the lower end of...

Thu, 16/01/2025 - 10:56


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