Edition:
International

Tanishaa Nadkar

Britain probes publisher Penguin's $2.2 billion Simon & Schuster deal

Mar 22 2021

Britain's competition watchdog is investigating whether Penguin Random House's $2.2 billion takeover of Simon & Schuster may hurt competition, it said on Monday, amid concerns that the deal could disadvantage writers and damage the publishing industry.

Britain's John Lewis to axe more stores after COVID-19 'earthquake'

Mar 11 2021

The John Lewis Partnership warned more of its department stores would be permanently closed after the "economic earthquake" of COVID-19 sent Britain's biggest employee-owned group to a 517 million pound ($721 million) annual loss. | Video

Marston's Findlay to step down as CEO of British pub operator

Mar 11 2021

British pub operator Marston's said on Thursday Ralph Findlay intends to step down as its chief executive later this year, around two decades after he took the helm.

UPDATE 2-Marston's Findlay to step down as CEO of British pub operator

Mar 11 2021

* Process to appoint successor underway (Adds details on outgoing CEO, analyst comment)

UPDATE 2-Frankie & Benny's owner to raise 175 mln pounds ahead of reopenings

Mar 10 2021

* Shares up 6% after earlier 17.5% rise (Adds shares, analyst comment, details on reopening and outlook)

UK's Hikma misses profit estimate, disappoints on 2021 outlook, share tumbles

Feb 25 2021

Hikma Pharmaceuticals shares tumbled by as much as 8%, becoming the biggest loser on London's FTSE 100 index on Thursday, after falling short of analysts' average expectations for 2020 profit and gave guidance for weak 2021 figures.

UPDATE 2-UK's Hikma misses profit estimate, disappoints on 2021 outlook, share tumbles

Feb 25 2021

* Shares drop nearly 7% (Recasts, adds shares, CEO and analyst comments)

IHG books $153 million loss, Holiday Inn softens coronavirus blow

Feb 23 2021

InterContinental Hotels booked an annual loss of $153 million on Tuesday, pummelled by repeated COVID-19 restrictions and lockdowns, but said a faster recovery in its Holiday Inn Express brand had helped it outperform in key markets.

Smith+Nephew sees further pandemic pain as annual profit slumps

Feb 18 2021

Medical products maker Smith+Nephew said on Thursday pandemic-led disruption would continue into the first half of 2021 with uncertainty on the timing of recovery, as its annual trading profit missed average analyst estimates.

UPDATE 3-Smith+Nephew sees further pandemic pain as annual profit slumps

Feb 18 2021

* Shares fall as much as 8% (Updates shares, adds analyst comment)

World News

U.S. envoy urges N.Korea to end 'provocations', accept offer of talks

North Korea's recent ballistic missile tests https://www.reuters.com/world/asia-pacific/nkorea-says-it-conducted-successful-missile-test-submarine-kcna-2021-10-19 were "concerning and counterproductive" for efforts to reduce tensions, and Pyongyang should instead engage in talks, the U.S. envoy for North Korea said on Sunday.