Edition:
United Kingdom

Company Results & Outlooks

Petrobras to appeal ruling suspending Libra platform bidding

RIO DE JANEIRO, Jan 18 Petróleo Brasileiro SA will appeal a court decision that suspended bidding for the lease of a first floating production, storage and offloading (FPSO) platform for the giant Libra off-shore oil field, the company said on Wednesday.

Earnings in focus as European shares pause after Trump rally; Pearson dives

* Miners top gainers as copper steadies (Recasts, adds quotes and detail, updates prices)

UPDATE 2-Burberry benefits from strong British performance over Christmas

* See strong demand from tourists and domestic customers in London

Regulatory News 18 Jan 2017

UK's Co-op Christmas sales boosted by new membership scheme

LONDON, Jan 18 Britain's Co-operative Group , the mutually-owned supermarkets to funeral services group, enjoyed strong trading in the final quarter of 2016, it said on Wednesday, hailing the positive impact of a new membership scheme.

18 Jan 2017

UPDATE 1-JD Wetherspoon sees higher costs, lower sales

Jan 18 British pubs group JD Wetherspoon Plc warned of significantly higher costs and lower like-for-like sales in the next six months, taking the shine off higher sales over the Christmas quarter.

18 Jan 2017

UK regulator fines EE 2.7 mln stg for overcharging customers

LONDON, Jan 18 Britain's telecoms regulator Ofcom slapped a 2.7 million pound ($3.3 million) fine on EE, the mobile operator owned by BT Group, after an investigation found that it had overcharged nearly 40,000 customers.

18 Jan 2017

JD Wetherspoon sees higher costs, lower sales

Jan 18 British pubs group JD Wetherspoon Plc sees significantly higher costs and lower like-for-like sales in the next six months, it said on Wednesday, as it reported higher sales for the last quarter.

18 Jan 2017

Premier Foods lowers year profit forecast after weak Q3

Jan 18 Premier Foods Plc, the maker of British brands such as Mr Kipling cakes and Bisto gravy, cut its full-year profit forecast by 10 percent on Wednesday after saying its third-quarter sales had been weaker than expected.

18 Jan 2017

'Exceptional' UK performance helps Burberry in Q3

LONDON, Jan 18 British luxury brand Burberry reported a better-than-expected 3 percent rise in comparable retail sales in its third quarter, helped by an "exceptional" performance in the UK where trading was up by about 40 percent.

18 Jan 2017

UPDATE 5-BAT agrees to buy Reynolds for $49 billion

* Deal brings together makers of Pall Mall, Camel, Newport (Adds analyst and CEO comments)