THE DAILY BRIEFING
STRIKE PLANS Workers at IT giant Fujitsu’s UK sites are going on strike for four days over pensions and jobs cuts.
The strikes are planned for April 13, April 20-21 and April 24.
MINES SOLD Miner Anglo-American is selling collieries in South Africa to local group Seriti Resources Holdings in a £133m deal. Anglo shares fell 0.1pc, or 1p, to 1234.5p.
TOSHIBA SALE Turkish electronics maker Vestel is in talks to buy the TV unit of struggling Toshiba. Taiwanese manufacturer Foxconn is mulling a £21.7bn offer for the Japanese giant’s microchip business. Toshiba is reeling from a £5bn loss at its nuclear power business in the US.
SPICE WARS Schwartz spicesmaker McCormick is considering a bid for Reckitt Benckiser’s sauces arm, which the consumer goods giant is selling to boost its bank balance after spending £ 14.3bn on baby food- maker Mead Johnson.
DEFENCE DEAL Support services firm Carillion has won a £200m contract with the Ministry of Defence. A Carillion joint venture will provide catering, retail and leisure at 87 sites. Shares rose 0.5pc, or 1p, to 219.7p.
BANK BOOST Challenger bank Redwood Banking has been awarded a banking licence from the Financial Conduct Authority and the Prudential Regulation Authority.
OIL TARGET South Americafocused Amerisur Resources produced an average of 3,081 barrels of oil per day in 2016, and is targeting up to 7,000 this year. But it reported a £21m operating loss. Shares were flat at 22.5p.
NEW CHAIN Canadian cafe and bake shop chain Tim Hortons has announced a major expansion drive in the UK. The first store will open in Glasgow.
LENDING SPREE CYBG, the owner of Clydesdale and Yorkshire Banks, is making at least £6bn in lending available for small and medium sized businesses from 2017 to 2019.
ROBOT THREAT Robots pose a bigger risk to jobs than free trade, top economists from the World Bank, International Monetary Fund and World Trade Organisation have claimed in a report.