-
1 week ago | 
zawya.com | Shashwat Awasthi |Shadia Nasralla
West Africa-focused oil and gas explorer Tullow Oil said on Tuesday it would sell its assets in Kenya to Gulf Energy Ltd for at least $120 million as it works to reduce its debt. Tullow will get three $40 million payments, be entitled to royalty payments and have the right to 30% participation in potential future development phases at no cost, it said in a statement.
-
2 weeks ago | 
today.westlaw.com | Raechel Thankam Job |Shashwat Awasthi |Janane Venkatraman |Saad Sayeed
(Reuters) -Britain's energy regulator Ofgem does not believe an electricity transmission project developed by National Grid Electricity Transmission and SP Energy Networks qualifies to be exempt from penalties related to delays, it said on Thursday....
-
2 weeks ago | 
marketscreener.com | Shashwat Awasthi
(Reuters) -British recruiter PageGroup said it would cut costs by 15 million pounds ($19.3 million) after its first-quarter earnings fell 9%, and did not issue a financial forecast amid "increasingly unpredictable" conditions due to U.S. tariffs. "Given the recent introduction of tariffs and the resultant market uncertainty, we are not providing forward-looking guidance on business performance," CEO Nicholas Kirk said in a trading statement.
-
2 weeks ago | 
health.economictimes.indiatimes.com | Shashwat Awasthi |Aby Koilparambil
Bengaluru: British healthcare REIT Assura has received a 1.5 billion pound ($1.96 billion) indicative cash-and-stock bid from Primary Health Properties , above an earlier offer it had rejected, but below a U.S. consortium's all-cash bid. This is the seventh proposal in as many weeks fielded by Assura, which runs more than 600 healthcare properties with an investment value of more than 3 billion pounds, and counts Britain's state-backed National Health Service as a customer.
-
3 weeks ago | 
marketscreener.com | Shashwat Awasthi |Aby Koilparambil
(Reuters) - British healthcare REIT Assura has received a 1.5 billion pound ($1.96 billion) indicative cash-and-stock bid from Primary Health Properties, above an earlier offer it had rejected, but below a U.S. consortium's all-cash bid. This is the seventh proposal in as many weeks fielded by Assura, which runs more than 600 healthcare properties with an investment value of more than 3 billion pounds, and counts Britain's state-backed National Health Service as a customer.
-
3 weeks ago | 
marketscreener.com | Paul Sandle |Shashwat Awasthi
LONDON (Reuters) -British single-board computer maker Raspberry Pi forecast a steady build-up in demand this year after it narrowly beat 2024 earnings expectations, helped by sales of its flagship Raspberry Pi5 as well as its semiconductor units. The group, which went public in June last year, produces low-cost SBCs, accessories, and microcontrollers. Its SBCs are used in smart-home systems, robotics and automated systems, and video game emulators.
-
3 weeks ago | 
businesslive.co.za | Shashwat Awasthi
Aston Martin will raise more than £125m through funding from its chair and the sale of its stake in his Formula One team as it battles ballooning losses and tariffs imposed by US President Donald Trump. Shares of the company famous for being fictional secret agent James Bond’s car of choice had surged 11.8% to 72.95p in morning trade on Monday. The equity raise is Aston Martin’s seventh since the arrival in 2020 of chair Lawrence Stroll, who has pumped about £600m into the luxury carmaker.
-
3 weeks ago | 
theprint.in | Shashwat Awasthi
The equity raise is Aston Martin’s seventh since the arrival in 2020 of Chairman Lawrence Stroll, who has pumped around 600 million pounds into the luxury carmaker. Delivery delays and depressed demand in China have plagued the company in recent years, forcing it to cut 5% of its workforce last month. Stroll’s Yew Tree Consortium will invest a further 52.5 million pounds by purchasing 75 million shares at 70 pence per share.
-
3 weeks ago | 
ca.finance.yahoo.com | Shashwat Awasthi
Aston Martin will raise more than 125 million pounds ($161.9 million) through funding from its chairman and the sale of its stake in the Formula One team he owns, as the luxury carmaker grapples with ballooning losses. Shares of the company famous for being fictional secret agent James Bond's car of choice jumped 5.7% to 69 pence in early trading on Monday.
-
3 weeks ago | 
streetinsider.com | Shashwat Awasthi
1. LULU2. BRZE3. APP4. SPY5. RKLB6. CRWV7. TTD8. ALC9. NVO10. RC Tweet Share E-mail0 shares FILE PHOTO: The interior of Aston Martin Vantage, a luxury sports car, is pictured during its launch in New Delhi, India, August 29, 2024.
