Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.World Cup boosts Optimal turnover
Optimal Payments, the internet payments processor which became Crystal Palace’s shirt sponsor this season, said the surge in online gambling on the World Cup boosted turnover by $5m (£3.1m) in the first half. The Aim-listed firm, which operates under the Neteller brand, said interim profits rose 54 per cent to $39m on turnover of $159m.
LSE buoyed by flotation pipeline
An “encouraging” pipeline of firms looking to float buoyed trading for the London Stock Exchange in August while revenues from share trading were also up on a year earlier. Both the FTSE indices business and the LCH.Clearnet clearing house performed well. The LSE is raising £994m to buy US index compiler Frank Russell.
Barratt to pay out £1bn in dividends
Barratt has promised to pay almost £1bn in dividends over three years as the housebuilder turned cash positive for the first time in eight years after buoyant trading; pre-tax profits have more than doubled to £391m in the year to June. The firm almost sank under £1.7bn of debts after an ill-timed deal to buy rival Wilson Bowden.
Sports Direct investors rebel
Nearly 15 per cent of investors in Mike Ashley’s Sports Direct refused to back the remuneration policy at its AGM. The retailer has repeatedly clashed with investors unhappy with Mr Ashley’s share awards. About a tenth of independent investors opposed his re-election, but he owns about 58 per cent and takes no salary.
Price war sinks McBride’s profits
McBride, the maker of own-label household cleaning products, said full-year operating profits fell to £4m in the UK, from £14.5m a year earlier, after sales were dented by the supermarket price war. The company said earlier this summer that it planned to cut a quarter of UK jobs.
France needs until 2017 to cut deficit
France conceded it would now take until 2017 to bring its finances in line with EU rules, breaking the latest in a long line of promises to its eurozone partners. The eurozone’s second-largest economy had pledged to cut its deficit to below the EU ceiling of 3 per cent of output next year.
Ryanair ups seats filled per flight
Ryanair is flying at least six more passengers per flight this year than in 2013, thanks to improvements in customer service and the way it sells tickets. Europe’s largest low-cost carrier expects load factors to increase to “close to 86 per cent” of available seats.
Stevia’s wonder lifts PureCircle
PureCircle, the London-listed producer and marketer of natural sweetener stevia, swung from the red to a full-year profit, helped by increased sales of new stevia products. The Kuala Lumpur-based firm posted profits of $2.58m (£1.6m) as sales rose 44 per cent to $101m.
San Miguel eyes United Biscuits
San Miguel is mulling a bid for United Biscuits, the owner of Jaffa Cakes and Twiglets. The Philippines’ most diversified conglomerate, best known for its San Miguel beer brand, sold a $1bn (£600m) stake in Philippine Airlines earlier this week.
Dubai World aims at debt restructure
The Gulf state-owned conglomerate Dubai World is offering creditors a series of incentives to lengthen a $25bn (£15.5bn) debt restructuring deal, including shares in global ports firm DP World, according to reports by Reuters last night.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments