BP removes some non-essential personnel from Thunder Horse, Na Kika platforms ahead of storm

BP said ⁠on Monday ​that it had removed some ​non-essential ‌personnel from its ⁠Thunder Horse and ⁠Na Kika platforms ​in the ...
London South East

LSEG announces plans for 24-hour weekday trading venue

(Sharecast News) - London Stock Exchange Group announced plans to launch LSE 24 on Tuesday, a separate venue offering near-continuous weekday trading to support digital, algorithmic and agent-based ...

Smiths strikes £760m pension buy-in with M&G

Smiths Group said on Tuesday that its Smiths Industries Pension Scheme completed a £760m buy-in with M&G, securing the benefits of more than 10,000 members and leaving all of the scheme's roughly ...

Compass affirms confident full-year view after quarterly sales growth

Compass Group PLC on Tuesday affirmed its confidence in the company's full-year prospects, backed by sales growth in the ...

Recruiter SThree's half-year profit plunges as AI, war weigh on hiring

Net fees in Germany down ​14%, but U.S. up 12% * Still expects fiscal 2026 pretax profit of £10 million (Adds details ​on ...

Mitie shares surge as agrees to GBP3 billion cash offer from OCS Group

Mitie Group PLC on Tuesday said it has accepted a GBP3.1 billion takeover offer from UK peer OCS Group as it reported a "good" start to the financial year. London-based outsourcing and facilities ...
London South East

Thames Water creditors propose 'golden share' to avoid nationalisation

* New PM Burnham has ⁠repeatedly advocated public ownership of Thames * Consortium of lenders holds £17 billion of the utility's debt (Adds details throughout, quotes from consortium statement in ...

Prologis ramps up pressure on Segro as deadline looms

Prologis made a fresh tilt at takeover target Segro on Tuesday, as it appealed to shareholders ahead of a key deadline. The US logistics giant has been pursuing the British landlord since early June, ...

Novartis beats forecasts with $6 billion profit as it navigates expiring patents

LONDON, ​July ‌21 - Novartis exceeded second-quarter core operating profit forecasts on Tuesday, as cost control and sales of newer medicines ⁠helped it cushion a 50% drop in sales of its ⁠top-selling ...
London South East

UK contractor Mitie agrees $4.2 billion takeover by PE-backed rival, shares jump

* Mitie shares surge over 40% on Tuesday (Adds details on ‌deal and background on Mitie and OCS throughout, shares in paragraph 3) July 21 (Reuters) - British outsourcer ⁠Mitie has agreed to be bought ...

UK's Burnham targets lower energy bills in first move as PM

Burnham announces tax cut to energy bills * Former Manchester mayor pledges a new model of ​government * Says he ⁠can give people some 'breathing space' (Recasts with energy ...

Caterer Compass records third-quarter revenue boost from AI data centres; shares slide

Compass Group, the world's largest caterer, reported third-quarter organic revenue growth of 7.1% on Tuesday as strong ...