Edition:
United Kingdom

Noor Zainab Hussain

Anglo American output held back by Chile drought, diamond weakness

23 Jan 2020

Anglo American said on Thursday that water shortages at its Los Bronces mine in Chile had weighed on the global miner's copper output in the fourth quarter, while rough diamond production was hurt by a softer global market.

Berkeley's bumper 1 billion pound payout gives UK housebuilders a lift

22 Jan 2020

Housebuilder Berkeley plans to more than double investor returns to 1 billion pounds ($1.3 billion) over the next two years while ramping up output, signalling increased confidence in the UK market and lifting its shares more than 5%.

Fevertree loses its sparkle as Britons' taste for premium tonic sours

20 Jan 2020

Drinks maker Fevertree issued its second revenue warning in three months, sending its shares down 20% on Monday as disappointing Christmas sales raised fears that Britain's premium tonics' market has lost its fizz.

Travelex staff put away pens and paper as UK systems come back online

17 Jan 2020

More than two weeks after a crippling ransomware attack forced Travelex staff to use pen and paper to calculate foreign currency exchanges, the company said the first of its customer-facing systems in Britain was up and running again.

NMC independent committee taps FBI ex-boss Freeh in Muddy Waters fight

17 Jan 2020

Private healthcare provider NMC Health , hurt by short-selling by Muddy Waters, said on Friday an independent review committee looking into the matter had hired FBI ex-boss Louis Freeh.

Britain's Moss Bros, N Brown deepen retailing malaise

16 Jan 2020

Moss Bros and N Brown added to a depressed outlook for British retailers on Thursday by saying fewer shoppers were visiting their stores, which would hit full-year results.

Wells Fargo's new chief pledges more cost cuts as profit slumps

14 Jan 2020

Wells Fargo & Co's profit slumped 55% in the fourth quarter as new boss Charles Scharf set aside another $1.5 billion (1.15 billion pounds) for legal costs related to the bank's sales scandal and promised "fundamental changes." | Video

Smart meters firm Calisen to test London IPO waters

10 Jan 2020

Calisen Group, which supplies smart meters to British households, plans to list its shares in London in a test of investor appetite after a tough year for flotations.

Travelex staff go back to basics as ransomware cripples systems

08 Jan 2020

LONDON Staff at foreign exchange firm Travelex are using pen and paper to serve thousands of customers after the company said cyber hackers were holding its systems to ransom, leading to a global blackout on its online currency exchange services. | Video

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