Industrial


 Elixirr International Secures £45m Credit Facility from NatWest to Fuel Growth Strategy

Elixirr International Secures £45m Credit Facility from NatWest to F...

October 15, 2024 12:00 AM BST | By Team Kalkine Media

Highlights:,Strategic Funding:,£45m revolving credit facility from NatWest supports both organic growth and acquisitions.,Flexible Terms:,Facility ava...

 Boeing to Cut 17,000 Jobs Amid Mounting Production Issues and Strike Costs

Boeing to Cut 17,000 Jobs Amid Mounting Production Issues and Strike...

October 14, 2024 12:13 PM BST | By Team Kalkine Media

Highlights:,Job Cuts:,Boeing will cut 10% of its workforce, or 17,000 jobs, as part of a major restructuring plan.,Strike Impact:,Ongoing strikes by 3...

 Rolls-Royce Faces Setback as British Airways Cites Engine Issues for Flight Cancellations

Rolls-Royce Faces Setback as British Airways Cites Engine Issues for...

October 14, 2024 12:13 PM BST | By Team Kalkine Media

Highlights:,Engine Supply Chain Disruption,: British Airways cancels long-haul flights due to delayed deliveries of Rolls-Royce Trent 1000 engines and...

 Good Energy's Zapmap Partners with Hive for EV Charging Initiative

Good Energy's Zapmap Partners with Hive for EV Charging Initiative

October 14, 2024 12:13 PM BST | By Team Kalkine Media

Highlights:,Strategic EV Partnership,: Good Energy’s subsidiary, Zapmap, partners with Hive to offer new EV customers £20 in charging credits starting...

 TI Fluid Systems Considers Takeover Bid from ABC Technologies Following Series of Rejected Offers

TI Fluid Systems Considers Takeover Bid from ABC Technologies Follow...

October 14, 2024 12:13 PM BST | By Team Kalkine Media

Highlights:,Recommended Bid,: TI Fluid Systems' board is inclined to recommend ABC Technologies' 200p per share offer after rejecting four lower bids....

 DP World Confirms Attendance at UK Investment Summit Despite Ministerial Criticism

DP World Confirms Attendance at UK Investment Summit Despite Ministe...

October 14, 2024 12:13 PM BST | By Team Kalkine Media

Highlights:,Ministerial Criticism:,DP World faced sharp criticism from UK ministers over P&O Ferries’ mass firings in 2022, raising speculation about...

 Coral Products Forecasts FY2025 Loss Amid Declining Orders and Tough Market Conditions

Coral Products Forecasts FY2025 Loss Amid Declining Orders and Tough...

October 14, 2024 12:13 PM BST | By Team Kalkine Media

Highlights:,Challenging Market Environment:,Coral cites the slowdown in UK housebuilding and reduced consumer spending as key reasons for lower orders...

 Gloomy Recruitment Climate Impacting PageGroup in September

Gloomy Recruitment Climate Impacting PageGroup in September

October 14, 2024 08:55 AM BST | By Team Kalkine Media

Highlights:,PageGroup PLC reports a 13.5% decline in gross profit for the third quarter, totaling £201.4 million, reflecting subdued hiring activity a...

 easyJet Secures New Chief Financial Officer from Private Rail Sector

easyJet Secures New Chief Financial Officer from Private Rail Sector

October 14, 2024 08:50 AM BST | By Team Kalkine Media

Highlights:,easyJet plc appoints Jan De Raeymaeker as the new Chief Financial Officer, succeeding Kenton Jarvis, who will transition to the Chief Exec...

 SIG's €300m Financial Revamp Process Commences

SIG's €300m Financial Revamp Process Commences

October 14, 2024 08:03 AM BST | By Team Kalkine Media

Highlights:,SIG PLC initiates a debt buyback of €300 million of its current debt, maturing in 2026, at face value.,The company plans to issue new €300...

 Volkswagen Group Sees Sharp Decline in Global Sales Amid Intense Competition in China

Volkswagen Group Sees Sharp Decline in Global Sales Amid Intense Com...

October 11, 2024 01:01 PM BST | By Team Kalkine Media

Highlights:,Global Sales Decline,: Volkswagen Group’s total vehicle deliveries fell 7.1% in Q3, with significant declines in major brands such as Audi...

 CT Automotive Secures $20M Working Capital Facility to Support Growth in Mexico

CT Automotive Secures $20M Working Capital Facility to Support Growt...

October 11, 2024 01:01 PM BST | By Team Kalkine Media

Highlights:,$20M Working Capital Facility,: CT Automotive secured a $20 million facility from FGI Worldwide to extend debt agreements to 2027 and supp...

 DP World Cancels £1 Billion UK Investment After Criticism Over P&O Worker Treatment

DP World Cancels £1 Billion UK Investment After Criticism Over P&O W...

October 11, 2024 01:01 PM BST | By Team Kalkine Media

Highlights:,DP World Cancels £1 Billion Investment,: The owner of P&O Ferries dropped its London Gateway expansion after facing strong government crit...

 Guinea's Alumina Export Ban Sparks Surge in Aluminium Prices

Guinea's Alumina Export Ban Sparks Surge in Aluminium Prices

October 11, 2024 01:01 PM BST | By Team Kalkine Media

Highlights:,Guinea Halts Exports,: A sudden halt in Guinea’s bauxite exports spiked alumina and aluminium prices globally, impacting major producers a...

 Recruiter Hays Faces Ongoing Difficulties Amidst Hiring Slowdown

Recruiter Hays Faces Ongoing Difficulties Amidst Hiring Slowdown

October 11, 2024 08:00 AM BST | By Team Kalkine Media

Highlights:,Hays PLC reports a 15% year-on-year decline in net fees during the first quarter, reflecting ongoing challenges in corporate recruitment.,...

 FTSE 100 Live: Projections Indicate Further Stock Decreases as UK Economy Grows

FTSE 100 Live: Projections Indicate Further Stock Decreases as UK Ec...

October 11, 2024 07:41 AM BST | By Team Kalkine Media

Highlights:,The UK economy recorded a 0.2% growth in GDP for August, following two months of stagnation.,Service, production, and construction sectors...

 Hays Faces Earnings Decline Amid Challenging Market Conditions

Hays Faces Earnings Decline Amid Challenging Market Conditions

October 11, 2024 12:00 AM BST | By Team Kalkine Media

Highlights:,Net Fees Decline,: Hays reported a 14% drop in net fees year-on-year for Q1, with significant declines in both permanent and temporary rec...

 QinetiQ Secures £150m Contract with UK Ministry of Defence for Advanced Tactical Communications

QinetiQ Secures £150m Contract with UK Ministry of Defence for Advan...

October 11, 2024 12:00 AM BST | By Team Kalkine Media

Highlights:,Major Defence Contract,: QinetiQ secures a three-year contract worth up to £150 million from the UK Ministry of Defence to advance militar...

 Newmark Security Outlines 2024 Growth Plans and Financial Performance at Proactive One2One Forum

Newmark Security Outlines 2024 Growth Plans and Financial Performanc...

October 10, 2024 10:16 AM BST | By Team Kalkine Media

Highlights:,Newmark Security PLC reported a 10% year-on-year increase in group revenue, driven by strong performance in its Human Capital Management (...

 Ramsdens Projected to Reach New Heights with Rallying Gold Prices

Ramsdens Projected to Reach New Heights with Rallying Gold Prices

October 10, 2024 09:22 AM BST | By Team Kalkine Media

Highlights:,Ramsdens Holdings PLC announced a record profit before tax of £11 million for the financial year ending 30 September.,The company's divers...

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