Troubled miner Polymetal International postpones dividend decision April 13, 2022 Anglo-Russian miner Polymetal International (Polymetal) has postponed the decision on its final dividend payment for 2021.
Musk sued for not making Twitter stake increase public April 13, 2022 Elon Musk is being sued because he didn’t make public he had bought a major stake in Twitter. The Tesla and SpaceX billionaire, who recently became the largest shareholder in the social media giant, is facing action from investors in a New York federal court. This comes after Musk bought 9.2 per cent in Twitter [...]
GlaxoSmithKline clinches cancer specialist Sierra Oncology in $1.9bn deal April 13, 2022 Healthcare giant GSK has snapped up Sierra Oncology, a late-stage biopharmaceutical company focused on rare forms of cancer treatments.
Housebuilders agree to pay £5bn bill to fix unsafe homes April 13, 2022 Housebuilders have agreed to contribute £5bn to address unsafe homes, the government has announced. Developers will contribute at least £2bn to fix building safety defects, such as dangerous cladding, on their own buildings from the past three decades. Some £3bn will also be paid by the industry through an expansion to the Building Safety Levy, [...]
PZ Cussons boss: ‘Most challenging external environment many of us have seen’ April 13, 2022 Imperial Leather owner PZ Cussons has seen revenue growth boosted in the third quarter, despite Brits buying less hand sanitiser now. In a trading update on Wednesday morning, the personal healthcare giant said its third quarter like-for-like revenue growth was 8.5 per cent. The FTSE 250 firm, which owns brands including Carex and St Tropez, [...]
Renewables generated more power than gas and coal amid record wind turbine performance April 13, 2022 Renewables provided more power over the first three months of the year than gas and coal, according market specialist EnAppSys.
Octopus Energy snaps up heat pump manufacturer as part of ambitious production plans April 13, 2022 Octopus has taken a controlling interest in Northern Irish firm RED, as it looks to boost its presence in the heat pump market.
Biden accuses Russia of ‘genocide’ as Zelensky mocks Kremlin’s ‘noble’ war April 13, 2022 President Joe Biden has accused Vladimir Putin and Russia of committing genocide in Ukraine. This comes amid claims Russia has deliberately targeted civilians and has used chemical weapons. The Kremlin has also been accused of committing massacres in towns such as Bucha and Irpin. The President said he would use the label genocide “because it [...]
Ted Baker: US private equity firm Sycamore will join formal sales process for fashion chain April 13, 2022 Ted Baker has given confirmation that New York-based suitor Sycamore will take part in a formal sales process. The retailer had previously rejected a number of bids from the US private equity firm, claiming their proposals had significantly undervalued the high street fashion chain. The announcement does not mean that Sycamore will certainly throw its [...]
Tesco profit surges but bosses warn of sky-high inflation side effects April 13, 2022 Tesco has rebounded from the pandemic with a 65 per cent boost in operating profit, climbing to £2.56bn for the full-year.
