Ithaca Energy said today that its full-year earnings would be in line with its guidance, as the firm grapples with a sinking stock price. The North Sea oil and gas …
Investing
Stellantis chief warns of ‘turbulent’ year as Detroit Three strikes dent profits
The chief executive of Stellantis has said the carmaker will remain “rock solid” ahead of a “turbulent” year, as second half profits took a hit from strikes at the ‘Detroit …
Jeremy Hunt and Rishi Sunak’s uphill task just got a bit steeper
Jeremy Hunt will be glad we’re not hosting this summer’s Olympic and Paralympic Games. He would be at risk of an even louder shower of boos than George Osborne received …
Mark Kleinman on the Premier League, Natwest’s shares and a boardroom brouhaha
Mark Kleinman is Sky News’ City Editor and writes a weekly column for City A.M. And you thought the official overseeing the much-derided VAR had the toughest job in the …
Airbus forecasts higher A320 deliveries and announces special dividend as Boeing struggles with 737 Max 9 crisis
Airbus said it expects to deliver 800 of its best-selling narrowbody A320 jets this year, as its long-term rival Boeing struggles in crisis after a major incident with its 737 …
Surging profits at British Gas help owner Centrica report bumper profits
Centrica, the owner of British Gas, issued a “strong 2023 financial result” today, as the company’s retail division saw a sharp jump in profits for the year. In the company’s …
Sabre: Leading motor insurance underwriters expect to exceed forecasts ‘across almost all key measures’
One of the UK’s leading motor insurance underwriters, Sabre Insurance, has boasted that it expects to outperform expectations in its upcoming results. In a trading update today, the group said …
Relx revenue jumps as demand for the firm’s AI tools and data analysis surges
Tech group Relx’s revenue surpassed £9bn in the 2023 financial year as the company benefitted from the growth of information-based analytics and decision tools. The group generated revenue of £9.2bn …
FCA probe into motor finance forces Close Brothers to scrap dividend payouts
Close Brothers will not pay any dividends on its ordinary shares for the current financial year as it prepares for potential financial impact as a result of a review by …
GSK snaps up potential asthma treatment gamechanger in £800m deal
GSK has completed the acquisition of Aiolos Bio, a company working on treatments for respiratory and inflammatory conditions, the pharmaceutical giant announced today. The London and New York listed company …