Market news


Renew Holdings says ‘well-positioned’ as predicts yearly profit beat

Engineering firm Renew Holdings PLC on Tuesday said it expects to report annual earnings ahead of expectations, hailing ‘strong organic growth’.

Shares rose 7.6% to...

Tue, 01/10/2024 - 10:20


3i Infrastructure touts benefits of defensive firms in growth markets

3i Infrastructure PLC on Tuesday said it is on track to meet its financial 2025 dividend target after a good first half.

The Jersey-based infrastructure investment...

Tue, 01/10/2024 - 10:11


TOP NEWS: UK manufacturing keeps growing but business confidence drops

The UK manufacturing sector experienced a ‘solid expansion’ in September, data from S&P Global showed on Tuesday.

The seasonally adjusted S&P Global UK manufacturing purchasing...

Tue, 01/10/2024 - 10:02


LONDON BROKER RATINGS: Barclays cuts Smiths Group to ’equal weight’

The following London-listed shares received analyst recommendations Tuesday morning and on Monday:

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FTSE 100

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Citigroup raises Antofagasta price target to 2,300 (2,200) pence - ’buy’

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Bernstein raises easyJet...

Tue, 01/10/2024 - 09:40


TOP NEWS: Greggs backs outlook but sales growth cools in third quarter

Greggs PLC on Tuesday reported a double-digit sales increase in the third quarter, although the pace of growth slowed from the pace set in the...

Tue, 01/10/2024 - 09:27


LONDON MARKET OPEN: FTSE 100 up; other stocks down amid slew of PMIs

Stock prices in London opened mixed on Tuesday morning, with the FTSE 100 higher but other indices down on a data-heavy day dominated by purchasing...

Tue, 01/10/2024 - 09:04


TOP NEWS: Mulberry rebuffs Frasers’ bid, to plough on with fund raise

Mulberry Group PLC on Tuesday rejected the takeover approach from Mike Ashley’s Frasers Group PLC after receiving the backing from its majority shareholder.

Bath, England-based...

Tue, 01/10/2024 - 09:02


IN BRIEF: Kibo Energy sells Mast Energy stake to partially settle loan

Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Sells remaining 19.5% interest in Mast Energy Developments PLC to...

Tue, 01/10/2024 - 08:57


Tax cuts and child supports to dominate Ireland’s pre-election budget

Tax cuts and child-related supports will be among the key measures unveiled in Budget 2025 amid the prospect of a winter general election in Ireland.

The...

Tue, 01/10/2024 - 08:54


UK government charters flight out of Lebanon for Britons

The UK government has chartered a flight out of Lebanon for Britons wanting to leave amid fears of a wider conflict.

Foreign Secretary David Lammy described...

Tue, 01/10/2024 - 08:46


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