(Sharecast News) - Engine maker Rolls-Royce said on Tuesday that it will cut up to 2,500 jobs worldwide as part of a plan to streamline the organisation. Rolls-Royce said the changes being proposed will remove duplication and deliver cost efficiencies. "Our tight...
National Grid is considering paying British households to use less energy in peak times, it emerged on Monday. The electricity system operator's demand flexibility service (DFS) was approved by regulator Ofgem earlier this month to run between 3 November 2022 and 31...
Volkswagen's and FAW's plant in the Chinese city of Chengdu has halted production due to the rise in coronavirus cases in the country and two production lines at its Changchun plant are also on hold, the German automaker said on Monday. Other plants are all stable but...
UK retail sales slumped in November as consumers tightened their belts amid the cost-of-living crisis, according to the latest Distributive Trades Survey from the Confederation of British Industry. The CBI's reported sales balance declined to -19 from +18 in October,...
UK telecoms and broadcasting group BT reported better-than-expected first-quarter core earnings as trading improved across most of its...
BAE Systems increased its dividend and announced a £500m share buyback as the arms and aerospace company reported a 61% increase in...
Lloyds Bank swung to an interim profit and reinstated its dividend on Thursday after a large impairment credit, driven by an improved UK...
Singapore's sovereign wealth fund has joined the Fortress-led private equity consortium looking to buy supermarket chain Morrisons....
Staffline said on Wednesday that first-half gross profit was set to rise amid continued "strong" trading across the board, sending shares...
GlaxoSmithKline has inked a joint procurement deal with Brussels for its Covid-19 treatment Sotrovimab together with its partner Vir...
GlaxoSmithKline said on Wednesday that it expects full-year earnings to be towards the top end of its guidance range as it reported a jump...
Smart Metering Systems said in a trading update on Wednesday that revenue and underlying profit in its first half was in line with its...
Retail banking company Metro Bank said on Wednesday that interim revenues had improved over the six months ended 30 June. Metro Bank...
IT services company FDM Group reported a 7% fall in revenue in its first half on Wednesday, to £131.1m, which it put down to having a...
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