Full List Of Stories
London close: FTSE touches 8,000 level as sterling weakens
London stocks finished in the green on Wednesday, with the FTSE 100 briefly breaking the 8,000 level for the first time during the session, as investors mulled a dip in UK inflation and a better-than-expected rise in US retail sales.
Bidstack taps Thomas Bullen as its new finance chief
Native in-game advertising technology specialist Bidstack announced the appointment of Thomas Bullen as its new chief financial officer on Wednesday.
Sondrel reports strong growth in first update since IPO
Fabless semiconductor specialist Sondrel reported revenue growth of 116% year-on-year in a trading update on Wednesday, with 2022 revenue totalling £17. 5m.
Clontarf proposes joint venture to test lithium extraction tech
UK-based oil and gas explorer Clontarf Energy announced a potential 50-50 joint venture with US-based technology company NEXT-ChemX (NCX) on Wednesday.
Bango inks deal with Japan's Benefit One platform
Commerce platform Bango announced a new deal with Japan employee benefits provider Benefit One on Wednesday.
LPA wins £5.2m rail industry supply contract
LED lighting, electronic and electro-mechanical system designer and manufacturer LPA Group announced a record orderbook of £34m on Wednesday, with the receipt of a £5. 3m order for the supply of electro-mechanical products to the UK rail industry.
Serinus wins arbitration case against ex-partner in Romania
Serinus Energy announced on Wednesday that the International Chamber of Commerce (ICC) had released the final merits award over Serinus Energy Romania’s arbitration case against its former partner in the Satu Mare concession, Oilfield Exploration Business Solutions (OEBS), and awarded in favour of Serinus.
Zephyr set to beat revenue forecasts for 2022
Rocky Mountains oil and gas company Zephyr Energy reported a positive fourth quarter and full-year update on hydrocarbon production and cash flows from its non-operated portfolio in the Williston Basin of North Dakota on Wednesday.
CAP-XX launches ultra-thin supercapacitor
CAP-XX announced the launch of the ‘DMV750’ ultra-thin 2. 2mm prismatic 3V supercapacitor on Wednesday, for internet-of-things (IoT), medical and other mission-critical electronic devices.
Mercantile Ports shares jump as it handles first Navi Mumbai container
Mercantile Ports & Logistics (MPL) announced the successful handling of the first container freight at its port and logistics facility in Navi Mumbai, Maharashtra, India on Wednesday.
Pan African production, earnings fall in half-year
Mid-tier gold producer Pan African Resources reported a fall in its first-half production of gold on Wednesday, to 92,307 ounces from 108,085 ounces year-on-year.
Asia report: Stocks fall after US CPI, China holds interest rate
Asia-Pacific equity markets were mostly lower at the close on Wednesday, after a key inflation print in the United States came in hotter than expected overnight.
Jubilee Metals pleased with first half despite Zambia struggles
Jubilee Metals Group said in a first-half update on Wednesday that, despite infrastructural challenges in Zambia, its operational performance was broadly in line with management's expected earnings and revenue targets for the period.
Glencore reports 'record profitability' amid volatile markets
Multinational mining giant Glencore reported a strong 2022 financial performance in its preliminary results on Wednesday, with adjusted EBITDA standing at $34. 1 billion, up 60% year-on-year.
Barclays profits fall 14pc, Glencore reports solid annual growth
London open The FTSE 100 is expected to open six points lower on Wednesday, having closed up 0. 08% on Tuesday at 7,953. 85.
US close: Stocks mixed as inflation beats forecasts
Wall Street stocks were mixed by the end of trading on Tuesday, after the all-important consumer price index registered a larger than expected increase in January.