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.
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.
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.
* Fortress to buy retail and commercial units for 100 mln
Shares in British shopping centre operator Intu sank more than 21% on Wednesday after reporting a fall in first-half net rental income on Wednesday, the latest sign of weakness in a struggling British retail sector.
* Interactive graphic on Mothercare's performance here https://tmsnrt.rs/2HWV8dn
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Diageo , the world's largest spirits company, reported higher annual profit on Thursday, helped by growth across all its markets and the popularity of its "Game of Thrones" inspired scotch. | Video
Slug and Lettuce pub chain owner Stonegate on Thursday said it agreed to buy larger rival Ei Group for 1.27 billion pounds, taking control of some 4,000 additional pubs to become Britain's biggest pub operator.
* Poor weather and brand challenges also hurt performance
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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.