Latest News
Blue Star's SatoshiPay opens IOTA demo to public
New technologies-focussed investment company Blue Star Capital announced on Monday that, further to its update on 29 September regarding SatoshiPay's proof-of-concept project with the IOTA Foundation, SatoshiPay has now released the proof-of-concept demo site to the public.
Younger generation suffering from growing debts, FCA head says
The Financial Conduct Authority has said that young people are increasingly having to borrow money in order to cover basic living costs.
Spectra Systems flags bumper royalties in current year
Banknote authentication and brand protection technology provider Spectra Systems Corporation announced on Monday that it has been informed by its covert authentication technology licensee that royalties based on finished printed notes will reach a record level in 2017.
InterContinental Hotels to make $74m from Avendra sale
InterContinental Hotels said on Monday that the owners of Avendra, a North American hospitality procurement services provider in which it has a 6. 3% minority interest, have reached a binding agreement to sell the company to Aramark for $1. 35bn.
Blenheim Natural Resources identifies 15 lithium targets in southern Mali
Blenheim Natural Resources announced on Monday that it had identified multiple targets for lithium pegmatite at its prospective permits in southern Mali.
Orosur Mining reports first drilling in Colombia alongside first quarter numbers
Orosur Mining reported on Monday it had met its internal guidance for production and cash operating costs for a 20th consecutive quarter and announced the start of drilling in Colombia.
Physiomics losses widen as major contract awaited
Biology services group Physiomics saw its annual losses widen throughout the year ended 30 June as second-half revenue came in below expectations.
Avesoro enters agreement to purchase new heavy mining equipment
West African gold producer Avesoro Resources announced on Monday that its wholly-owned subsidiary Bea Mountain Mining Corporation has entered into equipment finance facility agreements with Mapa İnşaat ve Ticaret - a related party of the company - to facilitate the purchase of heavy mining equipment totaling $6. 1m.
Palace Capital secures lease renewal on Farnborough Job Centre
Commercial property investment company Palace Capital announced on Monday that it has renewed the lease on Princeton House, on Victoria Road in Farnborough, Hampshire.
Unite calls for talks over Vauxhall job cuts
The Unite union has called on the government and Vauxhall’s parent company PSA to guarantee future investment at the car maker’s Ellesmere Port plant following the announcement over the weekend that it is making 400 people redundant due to declining sales.
ProPhotonix launches two new laser diodes
LED illumination system and laser diode module designer and manufacturer ProPhotonix announced the addition of two new infrared laser diodes to its product range on Monday.
Hutchison Chi-Med upbeat on latest Iressa trial results
Hutchison China MediTech - commonly known as Chi-Med - reported preliminary clinical activity, safety, and tolerability data of fruquintinib, an investigational selective inhibitor of vascular endothelial growth factor receptor given in combination with Iressa, on Monday.
Asia report: Most markets higher as investors sift through China data
Markets in Asia were mostly higher on Monday, following a strong finish from Wall Street on Friday and as investors sifted through fresh inflation data from China.
Europe midday: Spanish stocks drop as Catalan president goes for broke
Stocks on the Continent are holding slightly higher despite the ongoing political standoff in Spain between the central government in Madrid and regional officials in Catalonia.
FirstBank willing to go hostile for Aldermore as analysts spy further bids
South African's FirstRand bank said on Monday it would be prepared to mount a hostile bid for smaller UK peer Aldermore if the challenger bank's board do not approve the deal.
Puigdemont defies Madrid deadline for clarification in Catalonia dispute
Catalan president Carles Puigdemont has ignored an ultimatum from Spanish prime minister Mariano Rajoy to formally clarify whether he has declared independence for the region.
London midday: Miners drive small gain; Convatec tanks on warning
London stocks were holding on to small gains by midday on Monday as miners rallied on the back of Chinese inflation data, but Convatec slid after a profit warning.
Draper Esprit targets £75m-worth of investment in seed funds across Europe
Venture Capital firm Draper Esprit announced on Monday a strategy targeting up to £75m worth of investment in top seed funds across Europe over the next five years, less than a week after its funds had committed £17m into three new Europe-based digital technology businesses.
Monday broker round-up
AstraZeneca: Credit Suisse upgrades to Outperform with a target price of 5800p.
BP Marsh picks up 30% equity stake in US firm Mark Edwards Partners
Venture capitalists BP Marsh and Partners announced on Monday that it would be taking a 30% equity stake in US-firm Mark Edwards Partners (MEP), providing the North American group with a $2m loan facility for future growth in the process.