Investments
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Calisen narrows FY pre-tax losses on improved revenues
Energy company Calisen said on Tuesday that pre-tax losses had narrowed in 2020 thanks to some solid revenue growth. Pre-tax losses improved…
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Wizz Air February passenger numbers slump 87%
Low cost airline Wizz Air reported an 87.3% slump in February passenger numbers as Covid-19 travel restrictions virtually shut down air travel.…
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Ryanair February passenger numbers plunge 95%
Budget carrier Ryanair said passenger numbers slumped 95% in February year on year, as Covid-19 pandemic travel bans hammered the business. Passenger…
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National Grid broadly backs Ofgem pricing proposals, plans £10bn investment
National Grid has accepted most of Ofgem’s price control proposals but will appeal on one aspect, the energy firm said on Tuesday.…
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Travis Perkins swings to loss, re-starts Wickes demerger process
Builders’ merchant Travis Perkins said on Tuesday that it has re-started the process to demerge Wickes as it said it swung to…
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Croda pre-tax profits slip amid weak performance in personal care unit
Speciality chemical company Croda said full-year adjusted pre-tax profits had slipped in 2020 due to a weak performance in its core personal…
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Man Group upbeat on record year for funds under management
Man Group reported record high funds under management in its final results on Tuesday, rising to $123.6bn (£88.95bn) at the end of…
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Europe open: Shares make cautious start after Monday rally
European shares made a cautious start to Tuesday’s session after yesterday’s strong gains as weaker commodity prices hit miners. The benchmark Stoxx…
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Revenue and earnings fall as orders contract for Weir Group
Weir Group reported a 4% fall in revenue in its final results on Tuesday, or 1% at constant currency, to £1.97bn, as…
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Flutter sees strong start to 2021 as FY profits fall
Gambling group Flutter Entertainment reported a sharp fall in full-year profits but had started the new year with strong momentum and higher…
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