Edition:
United States

Tanishaa Nadkar

UPDATE 2-Upper Crust owner says sales improving, cost cuts paying off

5:33am EDT

* Shares jump 11% (Adds analyst comment, cash burn details, background, updates shares)

Premier Inn owner to cut 6,000 jobs due to pandemic hit

Sep 22 2020

Premier Inn owner Whitbread plans to cut up to 6,000 jobs at its hotels and restaurants as the COVID-19 pandemic ravages the travel and hospitality industries and the British government winds down a job support scheme.

Insurer Aviva sells Singapore unit as new CEO shifts focus

Sep 11 2020

Life and general insurer Aviva is offloading its Singapore business to a consortium led by Singapore Life, for S$2.7 billion ($1.98 billion), as the London-listed firm sharpens its focus on Britain, Ireland and Canada.

Beckham's Guild to kick off London IPO as esports flourish

Sep 09 2020

David Beckham's Guild Esports plans to list in London this year, making the former England soccer captain's esports enterprise the first to go public in Britain. | Video

JD Sports restores outlook as sales start to recover

Sep 08 2020

Britain's biggest sportswear retailer JD Sports pointed to an encouraging performance since its shops reopened following coronavirus curbs and felt confident enough to give guidance for the rest of its financial year, sending its shares higher.

Wetherspoons says sales still well down as it appeals for further VAT aid

Aug 24 2020

British pub operator J D Wetherspoon said on Monday its sales were still down sharply year-on-year despite help from the government's subsidised meal scheme, and called for tax relief for the hospitality sector to be extended.

UPDATE 2-Wetherspoons says sales still well down as it appeals for further VAT aid

Aug 24 2020

Aug 24 British pub operator J D Wetherspoon said on Monday its sales were still down sharply year-on-year despite help from the government's subsidised meal scheme, and called for tax relief for the hospitality sector to be extended.

TP ICAP sees slow start to second half as COVID-driven volumes ease, shares tumble

Aug 07 2020

The world's largest inter-dealer broker TP ICAP signalled on Friday that the surge in trading volumes caused by the COVID-19 pandemic was tailing off, adding that turnover in July was materially lower than a year ago.

UPDATE 2-TP ICAP sees slow start to H2 as COVID-driven volumes ease, shares tumble

Aug 07 2020

* Shares fall 10.3% (Adds CFO quote, shares, outlook, background)

WH Smith may cut up to 1,500 jobs as virus triggers restructuring

Aug 05 2020

British retailer WH Smith said on Wednesday it could cut up to 1,500 jobs as part of a restructuring of its UK store operations, due to significantly fewer customers at its travel and high street shops despite easing coronavirus restrictions.

World News

Saudi King Salman assails Iran in United Nations debut

Saudi Arabia's King Salman bin Abdulaziz took aim at Iran during his debut on Wednesday at the annual United Nations meeting of world leaders, calling for a united front to contain Riyadh's rival and stop it from getting weapons of mass destruction.