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Cheers in short supply at Diageo

Writedowns have led to a 28 per cent drop in operating profit

BP momentum builds before new review

Energy giant posts better than expected profits, but underlying earnings are still down on last year

Is there finally a rival to Taiwan Semiconductor?

Tesla has signed a contract with Samsung to make its AI chips, as it looks for alternative suppliers to the Taiwanese giant

Exxon profits dip but buybacks maintained

World’s largest private energy company beats Q2 forecasts with US production

Senior shares slip despite aerospace growth

The aerostructures unit sale is still set to conclude this year

Clarkson navigates stormy seas

The shares rally following a reasonable first half

IMI on track for a 20 per cent margin this year

Organic revenue growth should improve in the second half

IAG’s valuation too low as profits soar

The group warned about higher customer charges under Heathrow’s expansion plans

Cranswick and Carr’s Group: Big director share deals this week

Find out which directors are buying and selling shares in their own companies

Diageo & Glencore: Stock market week ahead – 4-8 Aug

A summary of key company announcements expected in the coming week