Shopping centre owner Intu has swung to an annual loss after suffering a collapse in the value of its properties in what it described as a “challenging” year.
Dairy firm Arla Foods will dish out all 290 million euros (£252 million) of its annual profit to farmers following last summer’s drought across Europe.
Sales at Laura Ashley have dropped as the fashion and home brand grapples with tough high street conditions and plans an overhaul of its strategy.
Dubai-based DP World has acquired ferry firm P&O in a deal with £322 million.
Deliveroo is expanding its takeaway network to Kuwait, in a move which will see the fast-growing company enter its 14th market amid whispers of an impending IPO.
Troubled regional airline Flybe has snubbed a rival rescue proposal from investors including US airline Mesa Air Group and backed by former Stobart boss Andrew Tinkler.
Lloyds Banking Group reported a 13% increase in annual profits as it delivered a bumper pay-out for shareholders and said it will meet cost targets earlier than expected.
The planned £12 billion Sainsbury’s-Asda merger has been thrown into serious doubt after the competition watchdog said it could block the deal unless the pair sell off significant stores or even one of the brands.
A £500,000 training and enterprise hub has opened in the Fife town of Kincardine in a bid to boost the area’s economic prospects.
London’s top flight ended in negative territory on Tuesday as disappointing results from HSBC helped drag the index into the red.