Senior has reported a dip in half-year profit as production issues with Boeing’s 737 Max spill into its aerospace division. The FTSE 250 aerospace and defence supplier said operating profit …
Personal Finance
Wood Group shares plunge after bidder Sidara walks away citing ‘geopolitical risks’
Dubai-based engineer Dar Al-Handasah, known as Sidara, has ended takeover talks with London-listed John Wood Group, citing “rising geopolitical risks” and “financial market uncertainty” The Emerati firm said on Monday …
Richard Mille: Luxury watch brand hands out huge pay day as sales success eyed
Luxury Swiss watch brand Richard Mille has issued a huge dividend and hinted that 2024 will be another year of sales success. The company’s Europe, Middle East and Africa division, …
Solid services sector ‘bodes well’ for UK economy despite stubborn price pressures
Business activity in the services sector picked up in July, according to a closely watched business survey, suggesting that the economy will continue to grow in the months ahead. S&P’s …
Legal & General bags extra £150m for affordable homes drive as housing crisis worsens
Legal & General has secured an extra £150m for its UK affordable housing drive, pushing its total pot to £280m. The lion’s share of this new funding comes from the …
Litigation liberation: Alius Law breaks free from tradition in Mayfair
In the heart of Mayfair, Alius Law is shaking up the legal industry with a different approach to the traditional structure of a law firm, where the motto is “happy …
Air Astana eyes China routes after record passenger traffic
Kazakh flag carrier Air Astana has reported half-year record passenger numbers, driven by unexpectedly high demand for its Chinese routes. Some 4m passengers flew with the London-listed airline in the …
Regional REIT: Boost to bottom line as it looks beyond emergency capital raise
Embattled real estate investment trust Regional REIT was given a boost from exchanges on six big leases in the three months to June, helping it achieve a double digit net …
FTSE 100 follows Asian stocks lower as tech-heavy Nasdaq set to plunge 1,000 points
London’s FTSE 100 has fallen to its lowest level since April as a global market rout triggered by fears of a US recession continued into a new week. The blue-chip …
Ritz Paris: Profit slashed despite US popularity at Al-Fayed-owned luxury hotel
Ritz Paris, the luxury hotel owned by the Al-Fayed family, saw its profit slashed during 2023 despite sales jumping thanks to its continuing popularity among US visitors. The five-star hotel …