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UK governance revamp targets dividends and bonuses
Big companies with threadbare cash reserves will be banned from paying dividends and executive bonuses in an overhaul of UK corporate governance…
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Eve sleep FY results beat expectations, rebuild strategy complete
Mattress company Eve Sleep reported 2020 results “ahead of twice raised expectations” on Thursday as it narrowed its losses and said the…
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Asia report: Most markets rise after Fed policy announcement
Most markets in Asia finished above the waterline on Thursday, as investors welcomed the Federal Reserve’s hike in economic forecasts for the…
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Deutsche Bank ups Standard Life Aberdeen to ‘buy’
Deutsche Bank upped its recommendation on shares of Standard Life Aberdeen on Thursday to ‘buy’ from ‘hold’ and lifted the price target…
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Fevertree profit drops but dividend rises
Fevertree’s annual profit dropped 29% after the Covid-19 crisis caused revenue to fall but the mixer-drinks maker increased its dividend. Pretax profit…
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Lookers says its expects £10m profit for 2020, shares surge
Lookers shares surged on Thursday after the car dealership chain said it now expects to post a small profit for 2020, versus…
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OSB shares drop after £28.6m fraud alert
OSB shares fell after the bank revealed it might have to write off as much as £28.6m because of possible customer fraud.…
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Europe open: Shares push ahead after Fed pledges low rates
European shares opened higher on Thursday after strong showings in Wall Street and Asia overnight as the US Federal Reserve pledged to…
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TPG fund puts $200m into Airtel Africa money business
Telecommunications company Airtel Africa announced an agreement with TPG investing platform the Rise Fund on Thursday, which would see the fund invest…
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Premier Oil swings to loss ahead of Chrysaor merger
Premier Oil reported operating cash flow of $630m (£450.99m) in its full-year results on Thursday, down from $1.08bn year-on-year, as it swung…
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