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WPP downgrades growth outlook

But the media agency has managed to unlock some cash through a lucrative disposal

Glencore cancels coal demerger but boosts payouts

Mining and trading giant says plans to spin off coal assets no longer necessary as sentiment has turned more positive

Rotork order intake drops against tough comparatives

The industrial actuator business received a surge of big orders last year from its oil and gas customers

How influential are proxy voting agencies?

Passive houses and active managers generally follow whatever proxy advice providers suggest. But do they affect AGMs?

Spirent offers takeover arbitrage opportunity

The telecoms testing company is hoping it can get its takeover completed amid regulatory concerns

SIG shows no sign of recovery

The building materials company feels the heat from sluggish markets in the first half

Why Netflix and Spotify are overvalued

The streaming companies' low gross margins do not justify their software-company-style premium valuations

The hidden cost of nationalism

The Squeeze: Intel received billions in government subsidies but is unable to make a profit

Abrdn returns to profit after cutting costs

A return to profitability lifts the forlorn asset manager, but the same challenges remain

InterContinental Hotels grows revenue on higher prices

Buybacks and dividends have driven up leverage