Edition:
India

Noor Zainab Hussain

Petra's diamonds lose lustre as coronavirus hits demand

17 Feb 2020

Africa-focussed miner Petra Diamonds said the coronovirus outbreak had hit Chinese demand for diamonds, forcing it to push back targets for cashflow and debt reduction, sending its shares more than 20% lower.

UPDATE 2-Petra's diamonds lose lustre as coronavirus hits demand

17 Feb 2020

* Petra has been working to cut debt (Adds CEO quote on margins, shares, analyst comments)

FTSE 100 ends winning streak as pound rises, virus fears persist

13 Feb 2020

London's blue-chip index fell on Thursday after two successive days of gains, dragged down by exporters which were hurt by a stronger pound as investors positioned for a higher-spending budget next month under a new British finance minister.

UPDATE 2-FTSE 100 ends winning streak as pound rises, virus fears persist

13 Feb 2020

* Exporters hurt by a stronger pound (Adds news items, analyst comments, closing prices)

London stocks rise as drop in new coronavirus cases soothes nerves

12 Feb 2020

UK shares advanced on Wednesday, helped by gains in heavyweight oil firms and on relief that the number of new cases of coronavirus infections out of China was falling.

UPDATE 2-London stocks rise as drop in new coronavirus cases soothes nerves

12 Feb 2020

* Dunelm, Plus500 gain among midcaps (Adds news items, analyst comments, closing prices)

Co-founder of Hargreaves Lansdown to sell shares

07 Feb 2020

Hargreaves Lansdown's largest investor Peter Hargreaves will sell shares worth about 500 million pounds in the British investment platform via a sale to institutional investors, a bookrunner on the deal said.

UPDATE 2-Co-founder of Hargreaves Lansdown to sell shares

07 Feb 2020

* To continue to be substantial shareholder in company (Adds Hargreaves Lansdown declined to comment, stake details)

M&C Saatchi says financial watchdog has now launched probe

31 Jan 2020

M&C Saatchi Plc said Britain's financial watchdog had started an investigation after the advertising agency revealed an accounting scandal last year, which led to profit warnings and the exit of co-founder Maurice Saatchi.

Diageo tempers sales growth expectations amid trade uncertainties

30 Jan 2020

Diageo, the world's biggest spirits company, tempered its annual sales growth expectations on Thursday, due partly to tough trading conditions for its key Scotch whisky business in Latin America and the Middle East.

World News