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PhoenixHoldings

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News

UK Stocks-Factors to watch on Nov. 6

UPDATE 1-UK Stocks-Factors to watch on Nov. 6 Adds new items, updates futures Nov 6 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening h igher on Wednesday, with futures FFIc1 u p 1.1% . * PERSIMMON: British homebuilder Persimmon PSN.L said sales rates since the start of the third quarter were well ahead of last year, but flagged concerns around signs of build costs emerging in price negotiations for 2025. * MARKS & SPENCER: British retailer Marks & Spencer MKS.L forecast "further progre
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Phoenix Group names Nic Nicandrou as chief financial officer

Phoenix Group names Nic Nicandrou as chief financial officer LONDON, Nov 6 (Reuters) - Phoenix Group Holdings said on Wednesday it had appointed former Prudential PRU.L executive Nic Nicandrou as its chief financial officer from Dec. 2, as it steps up efforts to become the UK's leading retirement savings and income business. An insurance sector veteran, Nicandrou previously served as Chief Executive Officer of Prudential Asia & Africa, the largest division of Prudential plc, as well as holding t
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Blocked Vodacom merger derails S.African telcos M&A push, analysts say

UPDATE 1-Blocked Vodacom merger derails S.African telcos M&A push, analysts say Ruling may delay telecom infrastructure investments Regulators fear consolidation could harm consumers Analysts predict slow, costly telecoms sector expansion Adds Vodacom declined to comment in paragraph 22 By Nqobile Dludla JOHANNESBURG, Nov 4 (Reuters) - The Competition Tribunal's decision to block a merger between Vodacom and a major fibre operator will likely derail a push by South African telecoms firms to use
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Blocked Vodacom merger derails S.African telcos M&A push, analysts say

Blocked Vodacom merger derails S.African telcos M&A push, analysts say Ruling may delay telecom infrastructure investments Regulators fear consolidation could harm consumers Analysts predict slow, costly telecoms sector expansion By Nqobile Dludla JOHANNESBURG, Nov 4 (Reuters) - The Competition Tribunal's decision to block a merger between Vodacom and a major fibre operator will likely derail a push by South African telecoms firms to use big M&A deals as a shortcut to digital infrastructure expa
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Mining stocks drag FTSE 100 down; energy stocks gain for fifth day

UPDATE 1-Mining stocks drag FTSE 100 down; energy stocks gain for fifth day FTSE 100 down 0.1%, FTSE 250 down 0.2% Updated at 1555 GMT By Khushi Singh and Lisa Pauline Mattackal Oct 3 (Reuters) - The UK's benchmark FTSE 100 edged lower on Thursday, with losses in mining shares offsetting another strong day for energy companies, while Britain's biggest supermarket group Tesco climbed after raising its annual profit forecast.
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