Latest News
Ricardo orders rise on electric and hybrid vehicle projects
Ricardo has made a strong start to its financial year after an increase in orders connected with electric or hybrid vehicles.
London midday: Stocks nudge lower as housebuilders weigh
London stocks had turned a little lower by midday on Wednesday amid weakness in the housebuilding sector following a trading statement from Persimmon.
May and Patel under pressure over Israeli meeting disclosures
Theresa May is reportedly close to sacking international development secretary Priti Patel over a series of undisclosed meetings she had while on holiday in Israel, though the Prime Minister came under pressure herself after reports emerged that her office knew more than it let on.
Europe open: Stocks slip on weak Chinese trade data
European stocks are trading slighty lower in the wake of weaker-than-expected data on Chinese foreign trade.
Sky News future in doubt if Fox deal is blocked
Broadcaster Sky has said it would have to review the future of its Sky News operation if regulators were to block a proposed move for 21st Century Fox to purchase the 61% of the company it does not currently own.
Bacanora sizzles after German lithium license approved
Mexico-focussed lithium exploration and development company Bacanora Minerals was granted a mining licence for its Zinnwald project in south Saxony, Germany, making it just a few steps removed from having its second lithium mine in operation.
LA-108 drill programme exceeds expectations for Victoria Oil and Gas
London-based gas utility company Victoria Oil and Gas successfully reached target depth of 2,865m measured depth (MD) at well LA-108 at its Logbaba project in Cameroon, encountering a net pay of 84. 5m in the process.
Goldman downgrades AB Foods on sugar prices, slower Primark growth
Associated British Foods shares offer limited upside as profits will be dulled by lower European Union sugar prices, said Goldman Sachs as it downgraded its recommendation to 'neutral' from 'buy'.
Wetherspoon chairman attacks fellow bosses for Brexit 'misinformation'
JD Wetherspoon's chairman has accused bosses of other companies of spreading misinformation about the impact of Brexit as the pub chain reported higher first-quarter sales.
Modern Water finalises first sales of wastewater technology in China
Purification and filtration specialist Modern Water secured the first sale of its proprietary all-membrane brine concentration (AMBC) technology on Tuesday to treat wastewater from a Chinese power station.
Bob Foster back in CEO seat at Stratex
Stratex updated the market on its search for a CEO on Wednesday, given the board has been reviewing its composition and the future direction of the company in light of the outcome of the general meeting on 1 November and the termination of the proposed acquisition of Crusader Resources.
Hilton Foods encouraged by trading after Seachill acquisition
Retail meat packer Hilton Foods said on Wednesday that it had made "significant strategic progress" in the last four months with the acquisition of Icelandic fish smokers Seachill and the finalisation of an agreement to build a new facility in New Zealand.
Benchmark reveals development of disease-resistant shrimp
Aquaculture health, nutrition, breeding and genetics company Benchmark Holdings has developed specific pathogen resistant (SPR) shrimp, it announced on Wednesday, to address issues facing the Asian market - the largest and fastest growing market for shrimp.
JZ Capital confident despite declining NAV
UK-based investment company JZ Capital Partners saw its net asset value (NAV) slip in the first half of the year as operating and debt service expenses in its US real estate portfolio offset a positive performance in its micro-cap portfolio.
FCA examines wholesale insurance brokers
The Financial Conduct Authority has announced an investigation into competition between wholesale insurance brokers.
Capco may give up control of housing estates in Earls Court development
Capital & Counties confirmed on Wednesday that it is in talks with the London borough of Hammersmith & Fulham about significant changes to the development of the property developer's 77-acre Earls Court development.
Frutarom acquires iron delivery technology from AB-Biotics
Flavouring and fine ingredient producer Frutarom Industries announced on Tuesday that, via a subsidiary, it had signed an agreement with Spanish company AB-Biotics for the purchase of its iron delivery technology AB-Fortis.
Sophos raises outlook after strong first half trading
Sophos raised its outlook for annual sales after the security software company's trading picked up during the first half of the year.
Aukett Swanke office project wins two 'prestigious' award
Aukett Swanke announced on Wednesday that Verde SW1, the building completed for Tishman Speyer in London's Victoria earlier this year, has won awards for ‘best office development’ and ‘best office architecture’ at the UK Property Awards at the Royal Lancaster London Hotel.
C&C elevates SABMiller veteran Solesbury to permanent CFO role
Manufacturer, marketer and distributor of branded cider, beer, wine and soft drinks, C&C Group, announced the appointment of Jonathan Solesbury as group chief financial officer and as a member of the board of directors on Wednesday, effective immediately.