U.K. stocks finished up Thursday, with the FTSE 100 Index UKX, -0.01% rising 1.25% at 7,383.11. Among FTSE 100 constituents, gambling industries company Entain PLC ENT, +3.00% saw the largest increase Thursday, as shares rallied 4.36%. Shares of precious metals firm Fresnillo PLC FRES, +1.01% and containers/packaging company Smurfit Kappa …
Read More »Sunday newspaper round-up: IAG, The Hut Group, Nvidia
A cash call would be the quickest way for IAG to tackle its €12.3bn of debt and begin paying a dividend again, HSBC aviation analyst Andrew Lobbenberg said. If not, then the carrier would have to resort to its cash flows. Any decision on a rights issue would likely be …
Read More »Covid test hopes a tonic for Royal Mail
Royal Mail shot to its highest price since February 2019 on Monday, on hopes it could win a £550m government contract against Amazon to deliver 215,000 Covid home-testing kits a day as part of the NHS Test and Trace. Britain’s postal service company rose 8.5p to 261.7p. Adding to optimism is …
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