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Early market roundup: Stocks rise ahead of eurozone CPI; gold volatile

Blue chip stocks in London, Paris and Frankfurt were in the green on Tuesday morning with UK Trade Secretary Jonathan Reynolds set to meet US...

Tue, 03/06/2025 - 09:03


Pennon targets return to profit and higher sales as annual loss widens

Pennon Group PLC on Tuesday cut its annual dividend after posting a pretax loss despite a double-digit rise in revenue.

Pretax loss widened to £72.7 million...

Tue, 03/06/2025 - 08:38


IN BRIEF: Grafton completes €32 million purchase of HSS Ireland

Grafton Group PLC - Dublin-based building materials distributor and do-it-yourself retailer - Completes the acquisition of HSS Hire Ireland Ltd from HSS Hire Group PLC....

Tue, 03/06/2025 - 08:35


Pandox consortium proposes takeover offer for Dalata Hotel Group

A consortium formed by Pandox AB and Eiendomsspar AS said on Tuesday it has submitted a proposal to acquire Dalata Hotel Group PLC.

Pandox, a Stockholm-based...

Tue, 03/06/2025 - 08:35


Chemring interim profit surges, order book hits record £1.3 billion

Chemring Group PLC on Tuesday reported a sharp rise in interim profit and a record order book, while also announcing the appointment of Pete Raby,...

Tue, 03/06/2025 - 08:19


British American Tobacco expects revenue to exceed guidance in 2025

British American Tobacco PLC on Tuesday raised its revenue guidance for 2025 following a better-than-expected first-half performance.

The London-based cigarette and nicotine product maker now...

Tue, 03/06/2025 - 08:11


Private equity firm KKR pulls out of plans to invest in Thames Water

Thames Water Utilities Ltd said New York-based private equity firm KKR has pulled out of plans to invest in the utility and it is now...

Tue, 03/06/2025 - 07:39


UK Trade secretary to push for timeline on US tariff exemption

UK Trade Secretary Jonathan Reynolds is set to meet US officials on Tuesday as the UK aims to set a timeline for its exemption from...

Tue, 03/06/2025 - 06:40


UK’s John Healey announces £5 billion for military drones and lasers

Military drones and lasers will receive a £5 billion investment as the UK government bids to put ‘the kit of the future into the hands...

Tue, 03/06/2025 - 06:36


IN BRIEF: Majestic Corp raises funds through subscription

Majestic Corp PLC - Deeside, Wales-based recycler of precious and non-ferrous metals from used electronics and batteries - raises £171,200 via subscription from new shareholders...

Mon, 02/06/2025 - 21:55


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