Edition:
United Kingdom

Noor Zainab Hussain

Balfour Beatty defies UK construction gloom with stellar results

14 Aug 2019

Shares in Balfour Beatty rose 13% after its underlying profit more than tripled in Britain where it is working on lower risk contracts such as major road improvements, a rail link, and a nuclear power station.

Hikma improves forecasts as CEO plans specialty pharma push

09 Aug 2019

London-listed drugmaker Hikma improved annual revenue forecasts for its generic and injectables businesses on Friday as its boss looks to transform the company into a specialty pharma business.

Coca-Cola HBC profit falls short on costs, tough European market

08 Aug 2019

Swiss-based soft drink bottler Coca-Cola HBC's first-half operating profit missed analyst expectations on Thursday, dragged down by higher costs, sluggish growth in its established markets and an unseasonable cool start to the European summer.

Nach Vega-Absturz - Raumfahrt-Versicherung wird teurer

08 Aug 2019

London/Frankfurt Die Raumfahrt ist für die Versicherer ein Verlustgeschäft - das war schon vor dem jüngsten Absturz der "Vega"-Rakete mit einem Militärsatelliten der Vereinigten Arabischen Emirate an Bord so.

UK winter energy bills to fall as regulator lowers price cap

07 Aug 2019

LONDON Energy bills are set to fall for millions of households in Britain this winter after the country's energy regulator told suppliers to reduce bills by 6% from Oct. 1, following a drop in wholesale gas and power prices this year.

InterContinental plays down impact in China of growing trade tensions

06 Aug 2019

InterContinental Hotels Group played down any hit from the trade standoff between Beijing and Washington, saying few of its business customers in China were from outside the country and it was anyway well spread globally to absorb any impact.

TP ICAP's profits fall, sees pick-up in trading volumes

06 Aug 2019

TP ICAP , the world's largest inter-dealer broker, on Tuesday reported lower first-half profits as its broking business was hit by weak trading results at its investment bank clients, but said trading activity had revived in June and July.

LSE lands 'defining' $27 billion Refinitiv deal in data drive

01 Aug 2019

LONDON London Stock Exchange has agreed to buy financial information provider Refinitiv in a $27 billion (£22.3 billion) deal aimed at offering trading across regions and currencies and establishing the British company as a rival to Bloomberg.

Space insurance costs to rocket after satellite crash

31 Jul 2019

LONDON/FRANKFURT Space rockets and satellites are likely to cost more to insure after the European Vega rocket crash this month, which hit insurers with a record space market loss of 369 million euros ($411.21 million), insurance industry sources say.

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