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United States

Pushkala Aripaka

Intu sells shopping centre stake to Kuwait-backed fund to cut debt

Apr 18 2019

Britain's Intu Properties plans to sell a 50 percent stake in an East Midlands shopping centre to a Kuwait-backed real estate investment firm for 186.3 million pounds in an attempt to cut its debt.

UPDATE 2-Intu sells shopping centre stake to Kuwait-backed fund to cut debt

Apr 18 2019

* Liberum analyst says sale price supports valuations (Adds details on sale, retail sector, debt)

UPDATE 2-Bunzl shares drop to six-month low after North America slowdown

Apr 17 2019

* Q1 total revenue up just 2.5 percent at constant currencies

Robert Walters learns to live with Brexit uncertainty as profits rise

Apr 15 2019

Recruitment company Robert Walters on Monday reported higher first-quarter profit and said confidence among businesses in Britain was reasonable despite Brexit uncertainty.

UPDATE 2-Robert Walters learns to live with Brexit uncertainty as profits rise

Apr 15 2019

* Says France hurt by protests (Add CEO details on Brexit, France)

Virgin Atlantic targets profit in 2021 after second annual loss

Apr 10 2019

After reporting a loss for two straight years Virgin Atlantic is targeting a return to profitability in 2021, helped in part by the launch of new routes and its acquisition of British regional airline Flybe.

Provident raises fresh questions about Non-Standard Finance bid

Apr 02 2019

British sub-prime lender Provident Financial stood its ground against a hostile bid by smaller rival Non-Standard Finance on Tuesday, raising new concerns about the strategic, operational and financial merits of the offer.

U.S. recession fears, Brexit jitters batter UK shares

Mar 25 2019

Britain's FTSE 100 slipped as fears of a recession in the United States triggered a sell-off in global markets, while the mid-cap index was battered by uncertainty over the next steps in Brexit.

UPDATE 2-U.S. recession fears, Brexit jitters batter UK shares

Mar 25 2019

* Wood Group slips after Jefferies' rating action (Adds news items, analyst comment, updates to closing prices)

Renishaw shares fall after weak Asia demand prompts forecast cut

Mar 21 2019

Shares of Renishaw Plc fell more than 10 percent on Thursday after the British engineering group cut its full-year profit forecast, citing weak sales in Asia and a softness in demand from makers of consumer electronics.

World News