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Market Wrap: Imagination Tech shares plunge 63% after Apple ends contract
On today's show: Shares in UK chip designer Imagination Technologies end down more than 63% after Apple says it would end a deal to use its products, energy giant Ineos is acquiring the Forties Pipeline System in the North Sea from BP for $250m, luxury fashion label Burberry agrees to license its fragrances and cosmetics business to one of the world's leading beauty companies and much more. Simon Rose is joined by Chris Bailey, founder of Financial Orbit - the investment research consultancy.
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By Share Radio Evening ShowOn today's show: Shares in UK chip designer Imagination Technologies end down more than 63% after Apple says it would end a deal to use its products, energy giant Ineos is acquiring the Forties Pipeline System in the North Sea from BP for $250m, luxury fashion label Burberry agrees to license its fragrances and cosmetics business to one of the world's leading beauty companies and much more. Simon Rose is joined by Chris Bailey, founder of Financial Orbit - the investment research consultancy.