MARKET REPORT: Rolls-Royce shares dive 5.9% on Norway engines woe

The recovery plan at Rolls-Royce has been dealt a blow after Norway blocked the sale of an engines company to a Russian group. The Norwegian government called a halt to the £130million deal to sell Bergen Engines to TMH on national security grounds. The takeover ‘would have been of significant military strategic interest to Russia, … Read more

LSE boss gets a £4.4m pay rise following £20bn Refinitiv merger

London Stock Exchange boss gets a £4.4m pay rise following £20bn Refinitiv merger By Daily Mail City & Finance Reporter Published: 21:51 GMT, 22 March 2021 | Updated: 21:56 GMT, 22 March 2021 The London Stock Exchange’s boss has pocketed a bumper pay rise after the firm clinched its £20billion merger with data provider Refinitiv. … Read more

Fears of European third wave of Covid hammers travel stocks 

Summer holidays in peril over Covid rise: Fears of European third wave hammers travel stocks By Francesca Washtell For The Daily Mail Published: 21:50 GMT, 22 March 2021 | Updated: 21:50 GMT, 22 March 2021 Shares in airlines and travel firms slumped after another Government minister warned Britons against booking summer holidays. A surge in … Read more

Penguin’s £1.6bn takeover of US rival Simon & Schuster to be probed

Penguin’s £1.6bn takeover of US publishing rival to be probed amid competition concerns By Daily Mail City & Finance Reporter Published: 21:50 GMT, 22 March 2021 | Updated: 21:50 GMT, 22 March 2021 Competition concerns: Pengion Random house paid £1.6bn for Simon & Schuster Penguin Random House’s £1.6billion takeover of a US publishing rival is to … Read more

Saudi state oil company Aramco pays £54bn dividend

Saudi state oil company Aramco pays £54bn dividend despite lockdowns and international travel bans hitting profits By Daily Mail City & Finance Reporter Published: 21:50 GMT, 21 March 2021 | Updated: 21:50 GMT, 21 March 2021 The Saudi state oil company Aramco has paid a mammoth £54billion dividend despite lockdowns and international travel bans hammering … Read more