FTSE 100

FTSE 100 Market news covers the latest developments for the FTSE 100 Index, which tracks the 100 most highly capitalised blue‑chip companies listed on the London Stock Exchange.

This category includes updates on company admissions and delistings, quarterly and annual results, mergers and acquisitions, board appointments and departures, regulatory news and policy changes.

Polymetal International sells North Kaluga property

Polymetal International plc (LON:POLY) has today announced that it has agreed to sell North Kaluga property for US$ 13.5 million in cash and debt assumption plus royalty, which together represents..

Carnival Princess Cruises extends pause of global ship operations through the end of the 2020 summer season

Due to reduced air flight availability, the closure of cruise ports in regions around the world and other factors impacting international travel, Carnival plc (LON:CCL) has announced that Princess Cruises..

BHP Group appoints two new Non-executive Directors

BHP Group PLC (LON:BHP) Chairman, Ken MacKenzie, today announced the appointment of Dion Weisler and Xiaoqun Clever to the BHP Board as independent Non-executive Directors. Mr Weisler’s appointment is effective..

InterContinental Hotels Group Q1 comparable RevPAR down 24.9%

InterContinental Hotels Group PLC (LON:IHG) has today announced its 2020 First Quarter Trading Update. Highlights ·      Group Q1 comparable RevPAR1 down 24.9%; March down 55%; April expected to be down around 80% ·      ~15%..

RSA Insurance Group reports strong first quarter 2020 operating results

RSA Insurance Group plc (LON:RSA) has today announced its Q1 2020 Trading Update1. Stephen Hester, RSA Group Chief Executive, commented: “RSA’s first quarter results were strong, continuing the momentum seen..

Melrose Industries Sales significantly disrupted by COVID-19

Melrose Industries PLC (LON:MRO) today published the following trading update for the four months from 1 January 2020 to 30 April 2020 ahead of its Annual General Meeting taking place..

International Consolidated Airlines Group Luis Gallego to succeed Willie Walsh as CEO

International Consolidated Airlines Group plc (LON:IAG) today announced that Luis Gallego will succeed Willie Walsh as Group chief executive on 24 September. Antonio Vazquez, IAG’s chairman, said: “We announced in..

Smith & Nephew Significant short-term impact from COVID-19

Smith & Nephew plc (LON:SN) has today issued its trading report for the first quarter ended 28 March 2020. Q1 trading1,2 ·    Q1 revenue $1,134 million (2019: $1,202 million), down -7.6%..

AstraZeneca Farxiga approved in the US for the treatment of heart failure

AstraZeneca plc (LON:AZN) Farxiga (dapagliflozin) has been approved in the US to reduce the risk of cardiovascular death and hospitalisation for heart failure in adults with heart failure with reduced..

Ocado Group remains in a strong position with growth, expansion and increased demand

Ocado Group plc (LON:OCDO) today issued the following updates on current trading, on behalf of Ocado Retail Limited, Ocado Group’s joint venture with M&S, and a business update for Group,..

ITV Operational and financial performance significantly impacted by COVID-19

ITV plc (LON:ITV) has today announced its Q1 Trading Update – 3 months to 31 March 2020. Carolyn McCall, ITV Chief Executive, said: “ITV has taken swift and decisive action..

JD Sports Fashion “fundamentally disagree with the CMA’s decision”

JD Sports Fashion Plc (LON:JD) today provided an update following the Competition and Markets Authority’s (“CMA”) decision to prohibit the Group’s acquisition of Footasylum Limited and require the sale of..

Carnival P&O Cruises extends its voluntary pause in operations in Australia and New Zealand

Carnival plc (LON:CCL) P&O Cruises today announced it has extended its voluntary pause in operations in Australia and New Zealand to August 31, 2020, in response to continuing travel restrictions..

Anglo American Platinum ramps up ACP plant to restart refined PGM production

Anglo American plc (LON:AAL) today noted the announcement by Anglo American Platinum Limited released today to the Johannesburg stock exchange. The text of the announcement is copied below: Anglo American..

BAE Systems completes Airborne Tactical Radios acquisition

Further to the announcement of 20 January 2020, BAE Systems plc (LON:BA) has completed the acquisition of Raytheon Technologies Corporation’s Airborne Tactical Radios business, after receiving regulatory and other customary..

Lloyds Banking Group COO Juan Colombás agrees to delay retirement

Further to the announcement on 31 October 2019 regarding the proposed July 2020 retirement of its Chief Operating Officer and Director, Juan Colombás, Lloyds Banking Group plc (LON:LLOY) has today..

Royal Bank of Scotland Group Systems remain robust and 90% of branch network remains open

Royal Bank of Scotland Group plc (LON:RBS) has today announced its Q1 2020 Interim Management Statement. Responding to exceptional circumstances On the 11 March 2020, the spread of the Covid-19..

Barratt Developments outlines plans for a phased reopening of its construction sites

Barratt Developments PLC (LON:BDEV), Britain’s largest housebuilder, today provided an update on its plans for a phased reopening of its construction sites, on its support for local communities and the..

Severn Trent appoints Sharmila Nebhrajani as Non-Executive Director

Severn Trent Plc (LON:SVT) has today announced that Sharmila Nebhrajani has been appointed as a Non-Executive Director of the Company with effect from 1 May 2020. Sharmila has been appointed..

International Consolidated Airlines Group Iberia and Vueling sign syndicated financing agreements

International Consolidated Airlines Group (LON:IAG) today announced that IBERIA LÍNEAS AÉREAS DE ESPAÑA S.A. OPERADORA, SOCIEDAD UNIPERSONAL and VUELING AIRLINES, S.A. have signed syndicated financing agreements for €750 million and..

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