According to a Financial Times report, OpenAI boss Sam Altman has said the move is the best way for the public to share in the upside of artificial intelligence.Citing unnamed people close to the matter, the government and OpenAI are currently in early-stage "conceptual" talks.OpenAI had been rumou…
The AIM-traded company said $6.2m of the order covered around 400 TR-LBE 3U VPX computer plug-in cards for delivery in 2026 and 2027, while $3.2m related to customer-funded component procurement to support potential future production, subject to further contract funding in the second half of 2026.C…
Under the terms of the scheme, Capricorn shareholders will receive $4.74 per share, comprising $3.75 in cash and a special dividend of $0.99 expected to be declared before completion.The total value is equivalent to 357p per share, representing a 34% premium to Capricorn’s undisturbed closing price…
The FTSE 250 company said revenue rose 7% to €88.5m in the year ended 30 April, while EBITDA also increased 7% to €68.6m and the EBITDA margin remained stable at 78%.Operating profit grew 13% to €60.4m, profit for the year rose 14% to €50.9m, and adjusted net income increased 7% to €58.1m.Baltic Cl…
In a brief statement released late on Wednesday, the Franco-German business said that in light of current market volatility for the European defence sector, it had opted to delay its planned IPO until the return of “more favourable” market conditions.It continued: “KNDS and its shareholders remain…
3i said income for the period totalled £52m, in line with expectations, while its final FY26 dividend of 6.725p per share will be paid on 10 July. The group also said it remained on track to deliver its FY27 dividend target of 14.30p, up 6.3% year-on-year.During the period, 3i agreed to acquire a f…
Traffic rose to 21.2m from 19.9 in the same month a year earlier, while the load factor - which gauges how full the planes are - was steady at 95%. Ryanair said June traffic exceeded its previous record month of August 2025, when it carried 21m passengers.On a rolling 12-month basis, passenger numb…
Great Portland stated the deals included 15 fully managed leases generating £9.9m at £245 per square foot, two fitted leases adding £1.6m and two ready to fit leases contributing £800,000. GPE added that market lettings were an average of 3.7% ahead of March enterprise rental value and said a furth…
Group revenues in the year to 2 May rose 6% to £9.2bn, or by 4% on a like-for-like basis, while adjusted earnings before interest and tax were 13% stronger at £220m. Adjusted pre-tax profits jumped 18% at £191m.Within that, revenues in the UK and Ireland came in at £5.4bn, a 3% rise on an underlyin…
The new facilities - a £375m syndicate and £70m bilateral - will refinance all of the company’s existing unsecured loan facilities maturing over the next two years.They comprise a £225m syndicated three-year revolving credit facility; a £45m bilateral three-year RCF; a £150m syndicated five-year RC…
Capacity rose 27.5% year-on-year to 8.14 million seats and the load factor for the month was down 0.2 percentage points to 91.9%.Reporting by Frank Prenesti for Sharecast.com
STOCKS TO WATCHElectricals retailer Currys posted a jump in full-year earnings on Thursday, despite headwinds in the UK. Currys said group revenues in the year ended 2 May had risen 6% to £9.2bn, or by 4% on a like-for-like basis, while adjusted pre-tax profits jumped 18% to £191m. Underlying sales…
The firm bought Netherlands-based itemedical for €23m (£20m) and Sweden’s Naslund Medical for $45m (£34m) both on a cash and debt free basis.Itemedical makes digital platforms that integrates real-time patient data and alarms from different medical devices, supporting clinical decision-making and w…
A billionaire hedge fund tycoon has warned that the UK is “no longer a serious contender” as a place to do business after losing a £200m tax battle. Michael Platt’s BlueCrest Capital Management said Britain’s status as a financial centre was under threat after the Supreme Court sided with HMRC in a…
ING expects the June payrolls to come in above 100,000 for the third consecutive month. Its call is for 110,000, versus consensus expectations of 115,000."That should put a floor on rate expectations, but should equally be insufficient for markets to price in two Fed hikes by year-end," ING said. "…
Union Jack said the deal, which was recommended by both boards, has a "compelling" strategic rationale, but added that it had no other proposals capable of providing the funding required to execute its strategy.The tie-up, which will see Union Jack shareholders receive 0.051 new Reabold shares for…
Berenberg said the deal, announced on 19 June, boosted the proportion of direct revenues, broadened LBG's client base, enhanced its creative capabilities and improved its value proposition with younger audiences.The German bank described the acquisition as financially accretive and lifted its earni…
The bank was founded in 1853 as the Halifax Permanent Benefit Building Society in West Yorkshire. It demutualised in 1997 before merging with the Bank of Scotland in 2001 to form HBOS, which was then taken over by Lloyds in 2009 after the financial crisis left it facing collapse.Halifax continued a…
The total remained 1.5% below the level seen a year earlier, with spending over the first five months of 2026 down 2.7% on the same period in 2025.Private‑sector construction was broadly unchanged at $1.67trn, with residential spending ticking up 0.3% to $930.2bn and non‑residential activity slippi…
Output and new orders continued to rise at historically strong rates, though both expanded more slowly than in May, while input costs rose sharply again, driven by higher raw‑material prices, but the pace of inflation softened from May's recent high. Selling‑price inflation also eased to a three‑mo…
