Rolls-Royce's underlying earnings plunged 76 per cent in the first half of the year, a steep drop that nonetheless topped expectations that the company would barely break even.
Approval of Hinkley Point has been delayed due to worries about EDF's finances. Photograph: EDF Energy/PA. Staff and agencies.
Global stocks mostly rose Wednesday as Tokyo launched a massive fiscal stimulus package and the US Federal Reserve kept interest rates low.
Royal Dutch Shell has announced a 72 per cent fall in second quarter profits as continued weakness in oil and gas prices weighed on the Anglo-Dutch group.
The estate agency group Countrywide has reported a 25 per cent year-on-year drop in pre-tax profit for the first half and warned that the impact of the Brexit vote meant full-year earnings would be lower than last year.