The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGFS.L Share News (GFS)

  • There is currently no data for GFS

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Wednesday newspaper round-up: Lockdown rules, Coronavirus passport, G4S

Wed, 07th Oct 2020 06:26

(Sharecast News) - A Cabinet row has thrown a major overhaul of local lockdown rules into disarray as the leaders of the worst-affected cities warned that the current measures are "not working". A "traffic light" system of different levels of restrictions was due to be announced on Wednesday - but an intervention by Rishi Sunak, the Chancellor, is threatening to delay the plans. - Daily Telegraph
The world's first coronavirus passport is being launched on Wednesday to enable people to travel without having to quarantine. Passengers using two of the world's biggest airlines - United Airlines and Cathay Pacific - and travelling through London Heathrow will be the first to test the technology, which is backed by the US government. The volunteer passengers will upload their coronavirus test results from a validated laboratory onto a digital health passport up to 72 hours before departure. - Daily Telegraph

The Canadian security firm mounting a hostile takeover bid for British rival G4S renewed its attack on the board, as it began its charm offensive with shareholders. Security firm Garda World, which is backed by private equity giant BC Partners, said unforced errors by bosses have helped wipe £1billion off the company's valuation. It questioned if G4S had enough cash to pay for litigation that was 'potentially crippling'. - Daily Mail

A cross-party group of MEPs has written to Amazon's chief executive, Jeff Bezos, demanding information on the online retailer's monitoring of trade union activists and politicians in response to deleted job postings that described unions as "threats". The letter, from 37 members of the European parliament, said they were concerned Amazon deliberately targeted workers seeking to organise, and also questioned whether the company had "spied" on politicians. - Guardian

Rishi Sunak will take on new powers to block companies from listing on the London Stock Exchange on national security grounds. The chancellor is understood to be preparing to launch a consultation on the details in the coming weeks in response to demands from MPs. The limitations of the rules were exposed three years ago when the stock exchange listed EN+, an energy company associated with Oleg Deripaska. - The Times

Surging coronavirus infection rates have put Britain on the brink of tougher lockdown measures, overshadowing Boris Johnson's attempt yesterday to focus on life after the pandemic. The government's scientific advisers called for "urgent and drastic action" after cases doubled in 11 days to 14,542 and deaths doubled to 76 in the same period. - The Times

Taxpayers stand to lose up to £26bn on the government's most popular Covid-19 business loan scheme because of fraud or an inability to repay the money, Whitehall's spending watchdog has warned. The concerns were raised in a National Audit Office (NAO) report into the 100% government-backed bounce-back loan scheme (BBLS), which was designed to quickly distribute cheap loans of up to £50,000 to small businesses hit by the Covid-19 crisis. - Guardian

More News
25 Nov 2020 08:08

G4S to resume divi payments in 2021; Rejects GardaWorld bid again

(Sharecast News) - Private security firm G4S, currently fending off a £3bn takeover bid from smaller rival GardaWorld, said it planned to resume dividend payments next year and urged shareholders once again to reject overtures from its unwanted suitor.

Read more
17 Nov 2020 09:51

UK BROKER RATINGS SUMMARY: SocGen Cuts BHP And RBC Upgrades BP

UK BROKER RATINGS SUMMARY: SocGen Cuts BHP And RBC Upgrades BP

Read more
16 Nov 2020 16:29

Bid target G4S talks up potential of Retail Cash Solutions business

Nov 16 (Reuters) - G4S, which is fighting a hostile 3 billion pound bid from smaller rival GardaWorld, sought on Monday to highlight the potential of its U.S.-focused Retail Cash Solutions (RCS) business, arguing it has "exceptional unrecognised ...

Read more
16 Nov 2020 10:58

Takeover Target G4S Hails "Revolutionising" Retail Cash Solutions Unit

Takeover Target G4S Hails "Revolutionising" Retail Cash Solutions Unit

Read more
16 Nov 2020 08:13

LONDON BRIEFING: Vodafone Holds Dividend As Swings To Interim Profit

LONDON BRIEFING: Vodafone Holds Dividend As Swings To Interim Profit

Read more
16 Nov 2020 07:37

G4S sets out US cash ambitions amid bid battle

(Sharecast News) - G4S predicted its retail cash solutions (RCS) business would increase revenue by 25% a year to hit $600m (£454m) by 2025 as it sought to beat off a hostile bid from Canada's GardaWorld.

Read more
16 Nov 2020 05:43

G4S Coronavirus Testing Site Closed Following Outbreak Among Staff

G4S Coronavirus Testing Site Closed Following Outbreak Among Staff

Read more
12 Nov 2020 11:02

GardaWorld's G4S Bid Gets North American Competition Clearance

GardaWorld's G4S Bid Gets North American Competition Clearance

Read more
9 Nov 2020 08:56

GardaWorld Extends Takeover Offer For G4S To Late November

GardaWorld Extends Takeover Offer For G4S To Late November

Read more
9 Nov 2020 08:46

LIVE MARKETS-A green wave at the open in Europe

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comA GREEN WAVE AT THE OPEN IN EUROPE (0845 GMT)The lack of a blue wave in the U.S. has...

Read more
9 Nov 2020 07:52

LONDON MARKET PRE-OPEN: Taylor Wimpey Expects Strong Annual Results

LONDON MARKET PRE-OPEN: Taylor Wimpey Expects Strong Annual Results

Read more
8 Nov 2020 16:51

UPDATE 1-Canada's Gardaworld extends offer for UK's G4S

(Adds more details, background)Nov 8 (Reuters) - Canadian security firm GardaWorld, which launched a hostile bid last month for larger rival G4S Plc , said on Sunday it has extended its offer after the British company repeatedly rejected its offer...

Read more
8 Nov 2020 16:02

Canada's Gardaworld extends offer for G4S Plc

Nov 8 (Reuters) - Canada's Gardaworld said on Sunday it has extended its offer for G4S Plc and will remain open for acceptance until Nov. 28.“We are extending our offer for G4S because, despite its past problems and uncertain future, we believe we...

Read more
3 Nov 2020 17:14

LONDON MARKET CLOSE: Rally On Hopes US Vote Will Pave Way For Stimulus

LONDON MARKET CLOSE: Rally On Hopes US Vote Will Pave Way For Stimulus

Read more
3 Nov 2020 12:33

UPDATE 1-Sweden's Securitas reinstates dividend as Q3 profit in line

* Q3 op profit SEK 1.14 bln vs forecast 1.12 bln* Says EGM to vote on 4.80 SEK/share dividend* Like-for-like sales flat in Q3 (Adds detail, background share)STOCKHOLM, Nov 2 (Reuters) - Securitas, the world's biggest security services group, report...

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.