Airbus chief executive to step down in board shake-up
Fri 15 December 2017 15:15
(ShareCast News) - The chief executive of French planemaker Airbus will step down from his position in 2019 as the company announced a major shake-up of its management team.
Luceco issues profit warning after accounting error
Fri 15 December 2017 10:57
(ShareCast News) - Manufacturer and distributor of LED lighting products, Luceco, updated the market on its for the year to 31 December on Friday, reporting that it has seen gross margins weaken during the second half of the year.
Luxembourg appeals EU ruling for Amazon to collect €250m in unpaid taxes
Fri 15 December 2017 10:54
(ShareCast News) - Luxembourg is mounting a challenge to an EU ruling which ordered it to collect €250m in unpaid taxes from US tech giant Amazon.
Path enters conditional farm-in deal with 5P Energy
Fri 15 December 2017 10:49
(ShareCast News) - Path Investments has entered into a conditional farm-in agreement with 5P Energy, it announced on Friday, in relation to the potential acquisition of a 50% participating interest in a producing gas field - the Alfeld-Elze II Licence and
Ryanair to recognise unions as it looks to avert strike disruption
Fri 15 December 2017 09:30
(ShareCast News) - Budget airline Ryanair is set to recognise pilot unions for the first time in its history as it looks to avoid strikes over Christmas.
Tritax Big Box extends debt facility
Fri 15 December 2017 08:03
(ShareCast News) - Real estate investment trust Tritax Big Box has agreed terms to extend the maturity on its existing loan facility with Landesbank Hessen-Thüringen Girozentrale.
Aveva awaits US approval for Schneider merger, disappointed on tax ruling
Fri 15 December 2017 07:54
(ShareCast News) - Aveva's £3bn agreed merger with Schneider Electric is expected to gain final regulatory approval by mid-February, though the industrial software group was disappointed by a UK tax ruling on the deal.
Persimmon chairman resigns over executive pay dispute
Fri 15 December 2017 07:51
(ShareCast News) - The chairman of housebuilder Persimmon, Nicholas Wrigley, is planning to retire following a dispute over an incentive scheme for executive pay.
Standard Life Aberdeen outflows remain stable as integration 'on track'
Fri 15 December 2017 07:41
(ShareCast News) - Standard Life Aberdeen reported its investment funds continued to leak flows in the group's first update since its merger was finalised, though outflows lessened year on year.
BGEO subsidiary begins construction of Bodorna hydro power plant
Fri 15 December 2017 07:32
(ShareCast News) - BGEO Group announced on Friday that its utility and energy subsidiary, Georgia Global Utilities, has begun construction of Bodorna hydro power plant near Bodorna reservoir.