Browsing Tag
United Kingdom
950 posts
Baker Hughes wins bp North Sea stimulation contract as mature fields need more help
Baker Hughes has secured a multi-field stimulation contract from bp covering new wells and mature UK North Sea production, using a dedicated vessel and modular equipment to improve recovery.
Motus (JSE: MTH) lifts profit 19% as finance costs fall R369m and dividend rises 29%
Revenue increased only 1%, but lower financing costs and improved operating returns lifted attributable profit 19% and allowed Motus to increase its annual dividend by 29%.
UK records hottest summer since 1884 as average temperature reaches 16.5°C
The United Kingdom has recorded its hottest summer since national records began in 1884, with a mean temperature of 16.5°C and the Met Office estimating human-caused climate change made such conditions around 130 times more likely.
The Shepherd Mayfair starts around £500 a night, but overnight guests are only part of the revenue plan
The Shepherd Mayfair opens with 82 rooms in London, testing whether prime location, dining and £500 rates can deliver strong boutique returns in Mayfair.
Bodycote’s aerospace revenue is accelerating just as Veritas takes the company private for £1.85bn
Veritas Capital has beaten CVC to secure Bodycote’s board backing with a £1.85 billion enterprise-value offer. The price is roughly 10 times 2025 adjusted EBITDA and comes as aerospace and defence revenue accelerates, turning the take-private into another test of whether London-listed industrial companies are being acquired before their strategic improvement is fully reflected in public valuations.
ABF is below its 52-week high as Primark tests whether Georgia can become another US cluster
Primark plans two Georgia openings as its US network reaches 48 stores, testing whether low-price physical retail can scale despite weak consumer demand.
KFC Canada is spending C$30m on drinks, and the real target may be customers who are not hungry
KFC Canada is investing C$30m in Kwench beverages, testing whether shakes, refreshers and coffee can create a meaningful sales engine beyond chicken now.
Rituals generated €2.43bn in revenue, then decided 1,500 physical stores needed changing at once
Rituals invests €40m to refit 1,500 boutiques in 30 countries, testing whether physical retail can keep pace with €2.43bn beauty growth across Europe.
Harvey Norman lost more than A$31m in UK retail, so why is it planning more stores?
Harvey Norman is planning more UK stores despite a A$31m segment loss, making overseas scale versus execution risk the central HVN valuation test.
Ballard Power (BLDP) bets £275m on hydrogen-as-a-service as GeoPura deal closes
Ballard Power Systems has completed its £275 million acquisition of GeoPura, moving beyond fuel-cell manufacturing into hydrogen production, logistics and Energy-as-a-Service. The transaction significantly expands Ballard's revenue model but gives former GeoPura shareholders a 14.1% stake and adds a major integration challenge to its 2028 profitability plan.