United Kingdom

Company Results & Outlooks

Luton airport owner Aena sees limited impact from Brexit vote

MADRID, July 26 Spanish airport operator Aena , which has a majority stake in London's Luton airport, said on Tuesday it expected only a limited and short-term impact from Britain's vote to leave the European Union on demand from UK passengers.

UPDATE 2-LVMH fashion and leather Q2 sales beat forecasts

PARIS, July 26 French luxury group LVMH on Tuesday posted forecast-beating fashion and leather sales growth in the second quarter, helped by solid demand in the United States and improved trading in Asia, excluding Japan.

Regulatory News 26 Jul 2016

GRAPHIC-European tech shares disconnect from earnings as M&A hopes build

LONDON, July 26 European technology shares hit their highest level this year on Tuesday, disconnecting from earnings downgrades and riding on hopes of merger activity and improved competitiveness from a weaker euro.

M&A, Global Market Data 26 Jul 2016

UPDATE 3-British oil major BP pursues new projects despite profit miss

* Close to drawing a line under Deepwater Horizon liabilities (Recasts, add CEO comment, new projects, context, updates share price)

Global Market Data, 26 Jul 2016

UPDATE 1-UK's John Lewis says department store sales hurt by heatwave

* Week to July 23 dept store sales down 4.3 pct * Waitrose sales up 7.2 pct (Adds detail, table) LONDON, July 26 Sales at British retailer John Lewis' department store chain were sharply lower last week, as a spell of hot weather kept shoppers away, it said on Tuesday. As the only British retailer to publish weekly sales data, John Lewis provides the most up-to-date snapshot of shopping behaviour after Britain voted to leave the European Union on June 23, though the da

26 Jul 2016

UK's John Lewis says department store sales hurt by heatwave

LONDON, July 26 British retailer John Lewis reported on Tuesday a 4.3 percent year-on-year fall in sales at its department store chain for the week to July 23, hurt by a bout of hot weather.

26 Jul 2016

UPDATE 1-UK engineer GKN sticks to 2016 forecast, to cut costs

LONDON, July 26 British engineer GKN is sticking to a forecast for 2016 to show good growth, shrugging off uncertainty caused by the Brexit vote, and will cut 30 million pounds ($39 million) of costs to help stay competitive, it said on Tuesday.

26 Jul 2016

Virgin Money shelves plans to start SME lending after Brexit vote

July 26 Virgin Money Holdings has shelved plans to enter the lending market for small and medium-sized businesses due to uncertain face of the UK economy and outlook for firms after Britain voted to leave the EU, the lender's head told Reuters.

26 Jul 2016

CORRECTED-UPDATE 1-Kenyan telecom operator Safaricom to pay special dividend

NAIROBI, July 26 Kenyan telecom operator Safaricom will pay a special dividend of 0.68 shillings ($0.0067) per share, it said on Tuesday.

26 Jul 2016

Virgin Money sees pressure as interest rates stay low after Brexit

July 26 Lender Virgin Money Holdings Plc said on Tuesday interest rates were expected to stay low for longer after Britain voted to leave the European Union, an outcome that could put pressure on banks' financial performance and net interest margins.

26 Jul 2016
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