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IG Group is reportedly cutting hundreds of jobs weeks after a $1.3bn US deal. Why now?
IG Group is preparing significant job reductions as its strategic review reshapes the organisation shortly after the company agreed a $1.3 billion US expansion deal.
1&1 Versatel is cutting about 350 jobs. Why is Germany’s telecom group restructuring while EBITDA grows?
1&1 AG plans to reduce 1&1 Versatel's workforce by roughly 26% as it simplifies management, processes and IT and redirects resources towards future investment.
PwC US and PwC India form JV as 40,000-person consulting platform reshapes India delivery model
PwC US and PwC India are combining major advisory operations into a jointly owned platform expected to close in the first half of 2027, bringing approximately 40,000 people together as artificial intelligence and global capability centres reshape consulting delivery.
EMV Capital (AIM: EMVC) buys €50m Rotterdam recycling plant for turnaround venture
EMV Capital has acquired Pryme One, a Rotterdam chemical-recycling plant built for more than €50 million, through a new wholly owned venture that estimates about £6 million will be needed to restart operations.
Eco Buildings (AIM: ECOB) advances first Rolling Hills block as €13.2m programme dwarfs 2025 revenue
Eco Buildings Group expects the structural work on its first Rolling Hills apartment block to be completed in early Q4, advancing a six-building programme worth approximately €13.2 million against 2025 revenue of only €2.4 million.
Kromek profit beats expectations, so why are KMK shares down 5%?
Kromek Group delivered slightly better-than-expected pre-tax profit and strong underlying Advanced Imaging growth, but lower licensing income compressed margins and pushed the group into net debt.
M. P. Evans shares jump 8% as record $61m H1 profit strengthens the Kota Bangun growth case
M. P. Evans Group delivered a record US$61 million first-half profit attributable to shareholders, lifted its interim dividend 39% and ended June with US$113.5 million of cash, strengthening the financing case for further Indonesian plantation expansion.
GlobalData revenue rises 4%, so why has DATA stock crashed more than 20%?
GlobalData shares fell more than 20% after the data and analytics group warned that FY26 adjusted EBITDA would come in below market expectations, despite higher first-half revenue and earnings.
Steppe Cement profit swings to $9m as STCM shares jump 14%
Steppe Cement returned to strong first-half profitability, lifted gross margin to 34%, declared a 2p dividend and said its US$35 million capacity expansion is being financed from internal cash flow.
Google commits to 1m Mitti Labs rice methane credits as India becomes a test bed for farm carbon markets
Google will purchase one million rice methane credits from Mitti Labs through 2030 as the companies scale alternate wetting and drying across Indian farms, linking methane reduction, water savings and farmer income to a still-developing carbon market.