Shares of DS Smith (LON: SMDS) surged by 13.33% as the British packaging firm announced an extension of its partnership with leading online retailer Zalando. This extended collaboration will see DS Smith continue as a preferred supplier of sustainable, fibre-based e-commerce packaging for Zalando’s growing customer base throughout Europe. Investors have taken a keen interest, […]
Fevertree Drinks PLC, a leader in the premium mixer market, reported its interim financial results for the first half of FY24, ending 30 June 2024. Despite a challenging consumer environment and adverse weather conditions in key markets such as the UK and Europe, the company demonstrated remarkable resilience with significant improvements in its margins and […]
REA Group Ltd, the Australian property listings giant, is facing a sharp drop in its share price after its £5.6 billion bid to acquire UK-based Rightmove Plc was rejected. On Wednesday morning, REA Group shares fell 2% to AUD 198.55 following the news that Rightmove’s board had dismissed the offer. This move signals potential challenges […]
Doric Nimrod Air Two Limited, an investment company based in Guernsey, has reached an agreement with Emirates to sell the remaining five Airbus A380-861 aircraft it owns. The sale, which is expected to conclude between October 1, 2024, and November 30, 2024, will see the aircraft sold for £30.71 million each, totaling £153.53 million for […]
Oxford Nanopore Technologies plc (LSE: ONT) has announced a major equity issue aimed at raising approximately £75 million. This move includes a significant investment from Novo Holdings A/S, a prominent global life sciences investor, and a new share placing. The funds raised will be directed towards advancing Oxford Nanopore’s cutting-edge molecular sensing technology and supporting […]