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rolls royce

Rolls-Royce appoint Value Act representative to the board

Aerospace giant Rolls-Royce have appointed a representative from shareholder ValueAct to the board, with immediate effect. Bradley Singer, ValueAct's chief operating officer, will become a...

Honeywell drops $90bn offer to buy United Tech

Honeywell International Inc (HON.N), the aircraft parts maker has ended its previous offer to buy rival company  United Technologies Corp (UTX.N), due to their ...

FTSE hits a two month high

Despite the fall in Barclays shares by nearly 10% following announcement to restructure and remove itself from Africa, the FTSE Index was up at...

Barclays to leave Africa following fall in profits

Following a 2% fall in full-year profit, Barclays has announced plans to leave Africa in attempts to boost shareholder profits and simplify the the...

Glencore shares slide further after 32 percent profit drop

Shares in mining giant Glencore (LON:GLEN) fell on Tuesday after announcing its biggest profit drop since floating on the stock market in 2011. The Swiss-based...
china

China cuts reserve requirement as shares sink further

China's central bank has cut its reserve requirement ratio for the fifth time since February 2015, as it attempts to prop up its slowing economy. Its...

Morrisons re-enters game with Amazon tie-up

Struggling supermarket chain Morrisons has announced a tie-up with online retail giant Amazon, supplying groceries to Amazon Prime customers. This will be Amazon's first foray into...

RSA chief warns of Brexit danger as shares soar

The CEO of insurance company RSA (LON:RSA) has spoken out against a British exit from the European Union, warning that it could have a...

McBride sees shares rise 10 percent on positive 2015

Household product manufacturer McBride (LON:MCB) saw shares jump over 10 percent on Wednesday after a stronger-than-expected half yearly report. Adjusted profit before tax rose 78.1 percent...

Weir Group profits halve as oil market hits

Scottish engineering company Weir Group (LON:WEIR) have taken a significant hit to profits, as the weak oil and gas market continues to bite. The...