Edition:
United Kingdom

Tanishaa Nadkar

MTN reviewing allegations after being named in U.S. complaint

31 Dec 2019

JOHANNESBURG South African telecoms firm MTN on Monday said it was reviewing allegations raised in a U.S. complaint which accuses several firms of paying protection money to militant Islamist groups in Afghanistan.

MTN reviewing allegations after being named in U.S. complaint

30 Dec 2019

* See complaint here: https://afghanistan.terrorismcase.com/wp-content/uploads/2019/12/2019-12-27-001-COMPLAINT.pdf

Stock Spirits' investor calls for special dividend payout

19 Dec 2019

Stock Spirits Group's second-largest shareholder piled more pressure on the vodka maker on Thursday, raising questions about its deal-making strategy and urging the company to pay a special dividend.

Cineworld tops North American box office with Cineplex deal

16 Dec 2019

Cineworld will buy Canada's Cineplex for $1.65 billion in cash, making the British firm the biggest cinema operator in North America as it looks to tackle increasing competition from online streaming services. | Video

Serco lifts outlook, considers dividend after boost from naval systems deal

12 Dec 2019

British public services outsourcer Serco on Thursday raised its 2019 outlook, forecast a stronger 2020 and said it would consider paying dividends again, as it reaped the benefits of the acquisition of a U.S. naval systems business unit.

Ted Baker CEO exits as Black Friday profit warning pummels shares

10 Dec 2019

Ted Baker's troubles deepened on Tuesday with the sudden exit of the British fashion retailer's chief executive and chairman as it issued another profit warning and suspended its dividend, sending its shares tumbling to a 16-year low. | Video

UK's Reach reports digital revenue rise, drops JPI talks

29 Nov 2019

Reach Plc , publisher of Britain's Daily Mirror newspaper, reported a rise in digital revenue on Friday and said it had quit plans to bid on assets of JPI Media, publisher of the i newspaper, The Scotsman and other titles.

Pub operator M&B reports strong full-year profits; shares rally

20 Nov 2019

Mitchells & Butlers delivered slightly better-than-expected full-year profits on Wednesday as strong sales for both food and drinks offset rising costs, sending the restaurant and pub operator's shares to multi-year highs.

Carpetright's top shareholder to take firm private in rescue bid

15 Nov 2019

Carpetright said it has agreed to be taken private by its largest shareholder, Meditor, in a deal to rescue Britain's biggest floor coverings retailer and pay down debt.

Premier Foods to launch new mini cakes as Mr Kipling re-boot pays off

12 Nov 2019

Premier Foods will launch a new range of mince pies, cherry bakewells and fruit pies packaged as Mr Kipling mini cakes ahead of Christmas, after a relaunch of the popular sweet treats brand helped it bounce back to profit.

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