Respite for the Glencore (GLEN) ‘billionaire boys’ club’ as miner’s share price jumps 5.2%. The stock closed up 5.2 per cent on the back of a mixed report for 2019, which saw higher cobalt, zinc, lead and coal output offset by declines in copper, nickel, gold, silver and ferrochrome.
BP chief hikes dividend in parting gift: He saved firm after Deepwater but profits have plunged and climate change leaves a headache. Departing BP boss Bob Dudley has handed shareholders a £1.6billion farewell gift as he bowed out after a decade in charge of the oil giant.
Wizz Air Holdings (WIZZ)’s largest shareholder, private equity firm Indigo Partners, sold about 12.5million shares in the airline at a 3.5 per cent discount to Monday’s closing price.
Software and IT company Micro Focus said its chairman Kevin Loosemore will step down this month after a ‘challenging’ year.
Plumbing and building supplies merchant Ferguson (FERG) has confirmed it is considering switching its stock market listing to the US as it spins off its UK arm, Wolseley, this year.
The Competition and Markets Authority has put the merger between Just Eat and Takeawy.com on hold as it buys time to probe the £6billion takeover.
Investment giant Blackrock says it’s too soon to gauge the impact of the current coronavirus outbreak on the economy, but believes it could hamper global growth.
