Latest News
Cadence Minerals shares jump on latest Amapa update
Cadence Minerals announced a significant update to the pre-feasibility study for the Amapá Iron Ore Project in northern Brazil on Tuesday, increasing the project’s post-tax net present value (NPV) by 73% to $1. 97bn.
FCA boss signals willingness to allow Shein IPO
The Financial Conduct Authority has signalled it would be potentially willing to green light Chinese retailer Shein’s London £50bn debut, it was reported on Tuesday.
ShoreCap upgrades rating for Discoverie but sees better value elsewhere
Shares in DiscoverIE jumped on Tuesday after interim results from the electrical components group impressed, with the stock given an additional boost from Shore Capital which lifted its recommendation from 'sell' to 'hold'.
On The Beach reinstates dividend, announces £25m share buyback
On The Beach surged on Tuesday after the package holiday firm reinstated its dividend and announced a £25m share buyback as it posted a rise in full-year profit and revenue.
Berenberg raises target price on Direct Line following Aviva takeover bid
Analysts at Berenberg raised their target price on Direct Line Insurance from 215. 0p to 270. 0p on Tuesday following Aviva's non-binding 250. 0p per share offer for the group.
Discoverie reiterates full-year targets, shares jump
Discoverie Group said it was on track to meet full-year earnings on Tuesday following a "resilient" first half, sending the shares higher.
Oxford Metrics revenue and profits decline in FY24
Smart sensors and software business Oxford Metrics said on Tuesday that both revenues and profits had dropped in the year ended 30 September, principally due to delayed purchase decisions and a slowdown in the global games industry.
Asia report: Most markets rise as Korean inflation edged higher
Asia-Pacific markets broadly advanced on Tuesday, buoyed by record highs on Wall Street overnight, as the S&P 500 and Nasdaq Composite set new peaks.
Hutchmed endometrial cancer treatment gets conditional approval in China
Hutchmed China and its partner Innovent Biologics announced conditional approval from China’s National Medical Products Administration (NMPA) for the combination of ‘Elunate’, or fruquintinib, and ‘Tyvyt’, or sintilimab injection, to treat advanced endometrial cancer with mismatch repair proficient (pMMR) tumours.
Greatland Gold executes AUD 100m syndicated facility agreement
Greatland Gold announced the execution of an AUD 100m (£51. 22m) syndicated facility agreement with ANZ, HSBC, and ING on Tuesday, enhancing its financial flexibility following the recent acquisition of the Telfer gold-copper mine and related assets from Newmont Corporation.
PRS Reit in 'active discussions' with a number of potential buyers
Close-ended real estate investment trust PRS has announced that it is in "active discussions" with potential bidders after the recent revelation that it was considering a sale.
Wizz Air passenger numbers rise in November
Budget carrier Wizz Air reported a 1. 7% year-on-year jump in passenger numbers for November and a modest uptick in load factor on Tuesday.
Gulf Marine Services wins new small-class vessel contract
Gulf Marine Services, a provider of self-propelled, self-elevating support vessels for the offshore energy industry, announced the award of a new contract for one of its small-class vessels in the Gulf Cooperation Council (GCC) region on Tuesday.
Marston's upbeat as full-year profits rise
Pub group Marston’s reported a rise in full-year profit and revenue on Tuesday as it struck an upbeat note about the outlook.
Genel Energy shares slide after losing arbitration hearing
Shares in Genel Energy were sliding on Tuesday morning, after the London Court of International Arbitration ruled in favor of the Kurdistan Regional Government (KRG) late on Monday over the termination of the Bina Bawi and Miran production sharing contracts.
Europe open: Stocks hit five-week high, DAX reaches new record
European stocks continued their recent surge on Tuesday morning, rising for the fourth straight day, helped by a decent performance from US and Asian indices overnight.
Victrex cautiously upbeat on current trading, shares spike
Shares in Victrex Group rallied in early trading on Tuesday, despite a slide in annual profits, after the polymer specialist said 2025 had got off to a "solid" start.
Galliford Try wins two new London contracts worth £87m
Construction group Galliford Try announced on Tuesday that it has been awarded two commercial contracts in London with a combined value of £87m.
London open: Stocks gain as investors mull retail sales figures
London stocks rose in early trade on Tuesday, taking their cue from strong gains in Asia, as investors mulled the latest UK retail sales data.
Derwent London buys remaining share of 50 Baker St
Derwent London announced the acquisition of the remaining 50% stake in its 50 Baker Street W1 project from joint venture partner Lazari Investments on Tuesday, for £44. 4m, equating to £370 per square foot of the consented floor area.