FT 27/09/19 | Vox Markets

FT 27/09/19

Royal Dutch Shell ‘B’ (RDSB) searches for a purpose beyond oil. Anglo-Dutch company faces dilemma as world shuns fossil fuels

Under-siege Burford Capital (BUR) faces lawsuit from co-founder. Selvyn Seidel plans legal claim in which he could seek $120m in fees

Cost of Thomas Cook Group (TCG) collapse becomes clearer. Bill for refunded bookings, repatriations and compensating hotels likely to be more than £500m

Lombard – International Consolidated Airlines Group SA (CDI) (IAG): BA owner is cutting off its nose to spite its face. Airline is taking a €137m hit from strikes that union says could be resolved for €5m

UK broker Shore Capital Group Ltd. (SGR) to quit London stock market. Lack of trading volume in its shares has left company undervalued

Debenhams (DEB) finance chief quits to join Ted Baker (TED). Rachel Osborne credited with helping steer retailer through complex restructuring

Pearson (PSON) warns on weak US university sales. Educational publisher in the midst of restructuring process sees shares plunge almost 20%

Imperial Brands (IMB) warns of hit from US vaping clampdown. Shares plunge 10% as group lowers revenue guidance amid backlash

British Airways parent International Consolidated Airlines Group SA (CDI) (IAG) warns of hit to profit. Airline experienced major disruption during first pilots’ strike in its history

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Mentioned in this post

BUR
Burford Capital
DEB
Debenhams
IAG
International Consolidated Airlines Group SA (CDI)
IMB
Imperial Brands
PSON
Pearson
RDSB
Royal Dutch Shell \'B\'
SGR
Shore Capital Group Ltd.
TCG
Thomas Cook Group
TED
Ted Baker