Coca-Cola HBC fizzes up profit forecast as firm puts Russia exit hit behind it July 7, 2023 Coca-Cola HBC AG, the bottling company for the soft drink giant, upped its profit forecasts for 2023 on the back of a “very strong” June performance this morning, prompting shares to jump nearly 5 per cent. The Switzerland-based firm said that it now expects pre-tax earnings growth of between 9-12 per cent for 2023, up [...]
City of London awash with drug money, top MPs warn November 10, 2023 Illicit profits from the drugs trade are being “washed” in the City of London, a group of senior MPs have warned.
Russian billionaires out, US billionaires in: Mapping London’s super-prime property market May 17, 2024 Filings have shown a Kazakh billionaire has sold his Mayfair mansion for £35m. What does it say about London's super-prime property market?
RAF intercepted 21 Russian planes in last 21 days as ‘stark reminder’ of Nato’s importance June 26, 2023 RAF planes in the Nato alliance have intercepted 21 Russian jets in as many days, as the Kremlin’s war in Ukraine continues to dominate Europe. Royal Air Force Typhoon jets, which are part of Nato’s Quick Reaction Alert system in Estonia were scrambled daily over the last three weeks, as Moscow continues to provoke European [...]
Venture Global CEO: Shell and BP’s actions ‘not sporting’ December 6, 2023 Venture Global's chief executive has hit out at oil majors including BP and Shell for politicising a dispute over liquefied natural gas (LNG) contracts.
BAE Systems, Babcock shares rise as Israel-Palestine conflict continues October 10, 2023 The share prices of major British and European defence companies nudged higher today as the conflict between Israel and Hamas continued.
From a £600m profit to a £1bn loss: The investors who made the most from London-listed firms this year December 31, 2023 The co-founder of fintech Wise has emerged as the top gainer in London's public markets this year, with an average daily gain of over £1.6m.
BAE Systems and Babcock set to meet with ministers over ESG investment concerns June 27, 2023 Ministers are set to hold talks on Wednesday with the bosses of a number of major defence companies, over concerns that socially conscious investing is hurting the sector. Andrew Griffith, the economic secretary to the Treasury and James Cartlidge, defence procurement minister, will meet bosses from BAE systems, Babcock International and QinitiQ tomorrow, Sky News [...]
Seize Russian cash in UK to fund rebuilding of Ukraine, MPs demand March 14, 2023 MPs are urging the government to seize Russian cash in the UK to help rebuild Ukraine after Putin’s invasion. Frozen Russian assets should be seized and repurposed for reconstruction efforts, a debate in the House of Commons will argue this evening. Foreign affairs select committee chairman, Alicia Kearns, said: “Russia must be held accountable for [...]
Watch the moment Russia is rocked by an explosion in St Petersburg cafe which kills prominent pro war blogger April 3, 2023 An explosion has torn through a cafe in Russia’s second-largest city, killing a prominent military blogger who had supported the fighting in Ukraine and was speaking at a patriotic discussion event. Russian news reports said blogger Vladlen Tatarsky was killed in the explosion at the Street Food Bar No 1 cafe in St Petersburg. Twenty-five [...]