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Southwest shares sink as airline reports airport exits, Q1 losses

Shares in Southwest Airlines plummeted on Thursday after the carrier announced plans to pull out of four airports to improve its financial performance, as it reported a wider-than-expected loss for the first quarter and trimmed its annual guidance.

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Anglo American rejects £31bn BHP offer

Anglo American on Friday rejected an "opportunistic" £31bn bid from rival miner BHP, saying it significantly undervalued the company.

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ITM Power inks strategic partnership with Hygen

ITM Power announced a strategic partnership with Hygen on Friday, designating it as the preferred supplier of proton exchange membrane (PEM) electrolysers for hydrogen projects in the UK and across Europe.

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Senior sales rise as aerospace strength offsets Flexonics weakness

Aerospace and defence components manufacturer Senior said on Friday that trading over the first quarter has been in line with expectations with strong growth in commercial aerospace, as it held on to guidance for the full year.

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Redde Northgate to change name to Zigup

Redde Northgate is seeking approval to change its name to Zigup, the mobility specialist confirmed on Friday.

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Quarterly profits slide at NatWest Group

First-quarter profits fell at NatWest Group, the banking group confirmed on Friday, although the decline was less than expected.

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Gym Group enlists Savills to help with site selection

Low-cost gym operator the Gym Group announced on Friday that it has enlisted the expertise of Savills to assist in its site selection process, as it embarked on a strategic expansion plan.

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Darktrace agrees to be bought by Thomas Bravo in $5bn deal

Darktrace announced on Friday that the newly-formed Thomas Bravo entity, Luke Bidco, had agreed to acquire it in an all-cash deal.

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Anglo American confirms takeover proposal from BHP

Anglo American surged on Thursday after it received an unsolicited non-binding and highly conditional £31.1bn all-share takeover proposal from Australia’s BHP Group - a deal that would create the world’s largest miner and copper producer.

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WPP Q1 revenues fall 1.4%; Guidance held

UK advertising agency WPP on Thursday said revenues fell 1.4% as it lost a healthcare client and spending by technology companies was cut back.

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