Latest News
Forbidden Technologies scores agreement with Japanese telecommunications leader
Cloud video technology firm Forbidden Technologies announced on Tuesday that it has entered a preliminary collaboration with a Japanese telecommunications operator.
AppScatter inks collaborative partnership with ironSource
Business-to-business software as a service platform appScatter has agreed to a collaborative partnership with leading mobile monetization and marketing business ironSource as part of an effort introduce itself to the latter's significant app developer customer base.
German ZEW tumbles in April as trade war fears, Syria situation weigh
German investor sentiment tumbled in April amid worries about the trade spat between the US and China and the situation in Syria, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.
Europe open: Stocks move higher despite losses in Asian trading
Stocks have started the morning higher despite a wobble in Asian markets overnight in the wake of a barrage of mixed economic data out of China, instead tracking gains overnight on Wall Street, amid a flurry of news on the M&A front.
TP Group earnings surge after focus on margins and delivery
Specialist services and engineering company TP Group issued its audited results for the year ended 31 December on Tuesday, reporting a 39% improvement in revenue to £29. 5m.
Gulf Marine Services wins two-year vessel contract
Advanced self-propelled self-elevating support vessels provider Gulf Marine Services announced a new long-term contract award for one of its mid-size class vessels on Tuesday.
Findel expecting top-end results after improved second half
Online value retail and education business Findel updated the market on its trading on Tuesday, following the close of its financial year on 30 March, reporting that its performance was expected to be at the upper end of market expectations.
Novartis kicks off AveXis cash tender offer, commits $100m to malaria research
Novartis announced on Tuesday that its indirect wholly-owned subsidiary, Novartis AM Merger Corporation, has commenced a cash tender offer to purchase all the outstanding shares of common stock of Nasdaq-listed AveXis for $218 per share, net to the seller in cash, without interest and subject to any tax withholding.
IronRidge Resources launches earthworks programme in Ghana
AIM-listed mineral exploration company IronRidge Resources kicked off its earthworks programme at the Ewoyaa lithium project in Ghana after receiving the necessary approvals from local regulators.
F&C Commercial Property sees increased uncertainty this year
The UK commercial property market outstripped expectations last year but economic and political uncertainty could make investors more cautious this year, F&C Commercial Property Trust said.
Majestic Wine earnings to be hit as it ups investment to attract new customers
Majestic Wine said on Tuesday that it plans to invest up to £12m a year to attract new customers, a move that will cut its earnings for next year by up to £3m.
Alliance Pharma sells Chinese rights to Forceval for £2.9m
AIM-listed Alliance Pharma said on Tuesday that it has agreed to sell its 60% interest in its non-core business, Unigreg, to joint venture partner Pacific Glory Development for £2. 9m.
SkinBioTherapeutics rockets as 'major milestone' reached by new cream
Shares in skin health specialist SkinBioTherapeutics stormed up 10% on Tuesday after a cream formulation of the company’s SkinBiotix technology passed effectiveness in skin models.
Union Jack Oil production on the rise after Fiskerton workover programme
UK-focused onshore hydrocarbon company Union Jack Oil has seen positive initial production results from its recent well workover programme designed to increase production at the Fiskerton Airfield Oilfield located approximately seven miles East of the City of Lincoln.
Melrose's takeover of GKN to be declared wholly unconditional
GKN's remaining shareholders have until Thursday to accept the takeover offer from Melrose Industries as the turnaround specialist's offer will soon be declared wholly unconditional.
ABF first-half little changed as sugar decline offsets Primark growth
Associated British Foods left its annual outlook intact after falling first-half profit at the company’s sugar business offset growth at Primark and other businesses, leaving the group result little changed.
Intu Properties hails 'strong' first quarter, no mention of Hammerson deal
Intu Properties hailed a "strong" first quarter on Tuesday, with a record level of retailer demand, but it made no mention of its deal with Hammerson, which could be at risk.
London open: Stocks flat as investors eye UK jobs data; AB Foods rallies
London stocks were flat in early trade on Tuesday as investors eyed a slew of key UK jobs data and the pound continued to gain ground.
Sirius gets cash benefit after converting $64m of convertible bonds
Sirius Minerals has persuaded owners of $64m of convertible bonds to convert their holdings into shares, which the company said was more than offset by the release of cash and reduction in interest payments.
Sequoia Economic Infrastructure confirms placing, with pricing to be confirmed
Sequoia Economic Infrastructure Fund announced a proposed placing of up to 72. 8 million new ordinary shares on Tuesday, with the issue price of the new shares to be announced separately on or around 25 April.