Edition:
United Kingdom

Sangameswaran S

Ladbrokes parent GVC sees profit beat as UK betting shops outperform

15 Aug 2019

Ladbrokes-owner GVC Holdings sees earnings beating expectations this year as its UK betting shops fare better than feared in the face of stricter regulation on fixed-odds betting terminals.

Macquarie's MEIF 6 Fibre unit to buy UK telecoms firm KCOM

12 Jul 2019

Macquarie unit MEIF 6 Fibre Ltd is to buy KCOM Group Plc in a deal that values the British telecoms company at 627 million pounds ($787.5 million), ending a bidding war with a UK pension fund.

Macquarie's MEIF 6 Fibre unit to buy UK telecoms firm KCOM

12 Jul 2019

Macquarie unit MEIF 6 Fibre Ltd is to buy KCOM Group Plc in a deal that values the British telecoms company at 627 million pounds, ending a bidding war with a UK pension fund.

Robert Walters falters in home turf as Brexit dents hiring

09 Jul 2019

British recruiter Robert Walters posted a 7% rise in second-quarter profit as strong hiring in Europe offset a slowdown in its home market due to uncertainty over Brexit.

William Hill to close British betting shops, cut jobs after curbs

04 Jul 2019

William Hill plans to cut about a third of its betting shops and jobs in Britain after the government slashed the maximum stake permitted on fixed-odds terminals, dubbed the "crack cocaine" of gambling by their critics. | Video

Car auctioneer BCA Marketplace in $2.4 billion buyout talks

20 Jun 2019

Car auction group BCA Marketplace is in talks with private equity firm TDR Capital on a 1.91 billion pounds ($2.43 billion) buyout offer, sending the WeBuyAnyCar owner's shares up almost 25%.

HSBC opens in Apple's home town, plans 50 new U.S. branches

17 Jun 2019

The U.S. arm of HSBC Holdings Plc announced plans on Monday to expand its branch network by around a quarter as it opened a new location in Apple Inc's home town of Cupertino, California.

REFILE-UPDATE 3-Major miners reveal tailings dam data, action plans following disasters

07 Jun 2019

June 7 Global miners BHP Group, Anglo American Plc and Glencore Plc revealed details on tailings dams, months after ethical investors sought the information following a second deadly dam disaster in Brazil.

UK's Rank agrees to buy smaller gaming firm Stride in online push

31 May 2019

Casino and gaming operator Rank Group has agreed to buy Stride Gaming in a deal valued at 115.3 million pounds ($145 million), looking to extend its presence in Britain's thriving online gaming market.

World News

Iran says it will destroy any aggressor

Iran will pursue any aggressor, even if it carries out a limited attack, and seek to destroy it, the head of the elite Revolutionary Guards said on Saturday, after attacks on Saudi oil sites which Riyadh and U.S officials blamed on Tehran.