FT 09/01/20 | Vox Markets

FT 09/01/20

Barclays (BARC) Qatar deal sealed with simple six-paragraph letter. Former chief of bank was told investors would not accept longer agreement for £42m side deal

Lex – Finablr PLC (FIN)/Travelex: hostage to fortune. Financial services group has made a good start containing the damage from the cyber attack

Lombard – Sainsbury (J) (SBRY) helpful prices may yet hinder margin. Upswing in profitability is starting to look increasingly challenged — particularly at Argos

Lex – Sirius Minerals (SXX)/Anglo American (AAL): innings over. Big miner has the balance sheet to absorb the tiny miner’s uncertainties

Anglo American (AAL) bids for potash mine developer Sirius Minerals (SXX). Miner in advanced talks on £386m takeover of struggling group

Greggs (GRG) to award £7m bonus to staff after ‘exceptional’ year. Bakery group raises profit forecast but warns that costs would likely rise this year

Finablr PLC (FIN) – Travelex hackers demand ransom to protect data. Metropolitan Police and NCSC investigate cyber attack discovered on New Year’s Eve

Sainsbury (J) (SBRY) upbeat festive food sales offset by Argos weakness. Growth in core grocery business let down by 4% fall in general merchandise

Barclays (BARC) pressed to stop financing some fossil fuel groups. Funds put financial industry at centre of climate debate with landmark resolution

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Mentioned in this post

AAL
Anglo American
BARC
Barclays
FIN
Finablr PLC
GRG
Greggs
SBRY
Sainsbury (J)
SXX
Sirius Minerals