Direct Line Insurance Group (DLG) hit by coronavirus and flood claims. The FTSE 250 group encouraged by car insurance prices rising at the same pace as payouts. | |
Food-to-go retailer Greggs (GRG) says poor weather hits sales. Sausage roll maker enjoys record profits but coronavirus makes 2020 outlook ‘uncertain’. | |
Barclays (BARC) acquittals show SFO’s ‘waste and incompetence’. Defence lawyer calls for top-to-bottom review of UK fraud agency. | |
Amazon battles sharp price rises of coronavirus products. Masks and hand sanitisers sold at 2,000% mark-ups as health crisis widens | |
Thermo Fisher to buy Qiagen in $11.5bn deal. Dutch company is developing kits to test for novel coronavirus. |
Hiscox Limited (DI) (HSX) shares recovered some of their recent losses this morning despite profits at the insurer more than halving last year. | |
NMC Health (NMC), the troubled FTSE 100 private hospital group, is pleading with its lenders for support as it seeks to stem a looming cash crisis. | |
Senior (SNR), the British engineering group heavily dependent on the grounded Boeing 737 Max, has warned that 20 percent of its revenues will disappear this year and its falling profits will come further under pressure. |
Oil company Lekoil says a consultant performed ‘inadequate’ due diligence in vetting a firm that claimed to represent the Qatar Investment Authority. | |
NMC Health (NMC) confirmed it has hired advisers at Moelis to help it in talks banks and that it would ask for an informal debt standstill to stabilise its finances. | |
Online food delivery company said on Monday it had started arbitration proceedings against a move by rival Delivery Hero to increase its stake in the company because it said it broke a standstill undertaking. | |
JD Sports Fashion (JD.) said it is cutting up to a quarter of its flights, mainly to and from Italy, after a ‘significant’ drop in bookings due to the coronavirus. |
Lloyds Banking Group (LLOY) is facing a fresh police investigation of allegations of fraud against small business over a case that received the attention of chief executive António Horta-Osório and senior politicians six years ago. | |
Billionaire petrol brothers check out Asda deal. The Blackburn-based brothers are considering a bid on the Walmart-owned supermarket. | |
Waitrose prepares for online grocery war with Marks & Spencer Group (MKS). The response to M&S is expected to be at the centre of plans unveiled this week. | |
EY is under fire for collecting almost £14m in fees from FTSE 100 hospital operator NMC Health as it failed to detect loan arrangements that have engulfed the company in scandal. | |
Heineken heiress invests in British jewellery brand Missoma. Billionaire businesswoman Charlene de Carvalho-Heineken is a controlling shareholder of Heineken. | |
Travel agent TUI AG Reg Shs (DI) (TUI) to drop out of FTSE 100 as coronavirus hammers shares. Relegation from FTSE looms after outbreak hits holiday bookings and shares fall by nearly a third. |
The new chairwoman of John Lewis is preparing to launch a strategic review of the ailing mutual as it releases a dire set of results, which are expected to include big write-downs to the value of its properties. | |
The owner of a huge housing development next to Wembley stadium is among private equity firms vying to take a majority stake in Asda. | |
Fresh doubts have been raised over Debenhams’ prospect of survival, after it told landlords its lenders may not sign off a critical debt restructuring unless they consent to further dramatic rent cuts. | |
Controversial rent-to-own operator Brighthouse is on the brink of collapse after being inundated with compensation claims. | |
Supermarket chain Morrison (Wm) Supermarkets (MRW) and DIY conglomerate Kingfisher (KGF) are at risk of being ejected from the FTSE 100 this week, potentially leaving only four retailers in the UK’s benchmark index. |