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Latest News
16 May
handshake-deal
Itaconix's shares leap in reaction to partnership with AkzoNobel

Chemical design and manufacturing firm Itaconix announced on Wednesday that it has entered into a joint marketing effort for its bio-based chelates with chemicals giant AkzoNobel.

16 May
Dalata hotels
Dalata ramps up UK expansion with two further planned hotels

Dalata Hotel Group will continue its UK expansion after agreeing to lease two new hotels that are to be built in Bristol and Birmingham, according to a company announcement on Wednesday.

16 May
ep coliseoroma
Europe midday: Italian stocks pummelled as draft (and dated) coalition agreement surfaces

Stocks on the Continent are trading little changed, although a weaker euro is helping to steady sentiment - outside of Italy - amid reports that Italy's main anti-establishment parties were or had been seeking to negotiation an 'opt-out' clause from the single currency area.

16 May
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LoopUp to buy MeetingZone for £61.4m in cash

AIM-listed remote meetings company LoopUp Group has agreed to buy Warwick Holdco, the holding company for conferencing services provider MeetingZone, for £61. 4m in cash.

16 May
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Asia report: Most markets fall on fresh North Korea concerns

Most markets in Asia were on the back foot at the end of Tuesday’s sessions, as traders digested fresh uncertainty over North Korea.

16 May
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Marston's underlying profits bubble up, but writedowns hit bottom line

Marston's reported strong revenues throughout the first six months of the trading year, however, the pubs group swung to a statutory loss as a result of write-downs on its income statement.

16 May
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London midday: Stocks flat as geopolitics weighs amid deluge of results

London stocks had flattened out by midday on Wednesday as investors weighed up solid updates from the likes of Burberry and Micro Focus and deal news for Paddy Power against geopolitical concerns.

16 May
italy italian flag
Italian bonds rise as 5 Star, League economic plans leaked

Italian bond yields rose sharply on Wednesday after a plan by the populist 5 Star and League parties leaked revealing they want to write off €250bn (£220bn) in European Central Bank debt as part of a deal to govern in coalition.

16 May
wall street
US pre-open: Stocks seen muted amid geopolitical tensions; bond yields in focus

US futures pointed to a muted open on Wall Street on Wednesday as investors keep an eye on bond yields, with geopolitical concerns set to weigh on sentiment.

16 May
enquest, oil, drilling, rig, crude
Premier Oil expects 'material' reduction in debt

Exploration and development firm Premier Oil is on track to deliver a "material" reduction in debt this year, thanks to its Catcher project finally reaching the promised 60,000 barrels per day and Brent crude prices hitting their three-year highs.

16 May
Rhine Munster Express National Express
National Express Q1 boosted by solid US performance

Transport operator National Express reported 6. 2% growth in first-quarter revenue on Wednesday, with its North American business the standout performer.

16 May
sosandar
Sosandar monthly revenues hit record

AIM-quoted online women's fashion brand Sosandar expects full-year revenues to be "no less than" £1. 34m after like-for-like sales in the six months ended 31 March showed a 268% increase against the prior year.

16 May
oil portada
Hurricane launches early production system at Lancaster asset

Oil and gas company Hurricane Energy provided investors with an update on its early production system at the Lancaster Fields project on Wednesday.

16 May
Ceres Power lands collaboration agreement with Chinese giant Weichai

Fuel cell developer Ceres Power Holdings announced on Wednesday that it has entered into a strategic collaboration with leading Chinese automobile and equipment manufacturer Weichai Power.

16 May
European Central Bank, ECB, euro, eurozone, single currency
Eurozone inflation confirmed at 1.2% in April

Annual inflation in the eurozone slowed to 1. 2% in April from 1. 3% the month before, well below the European Central Bank's target of close to but under 2%, data from Eurostat confirmed on Wednesday.

16 May
moss brothers, moss, moss bros
Moss Bros trading improves, chairman to retire next year

Menswear specialist Moss Bros announced the retirement of its chairman on Wednesday as it reported an improvement in trading.

16 May
ti fluid systems
TI Fluid Systems Q1 revenues hit by currency headwinds

TI Fluid Systems said first quarter revenues fell 3. 8% to €869m due to currency headwinds.

16 May
Speedy Hire, plant hire, construction, building equipment
Speedy Hire profit jumps nearly 60%, hikes dividend

Tools rental firm Speedy Hire posted a near-60% jump in full-year profit on Wednesday as it hiked its dividend and said it has kicked off the current year on a positive note.

16 May
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Falanx Group celebrates succession of contract wins

Cyber security and intelligence provider Falanx Group announced on Wednesday that it has secured new contracts worth approximately £0. 9m since its acquisition of First Base at the end of March.

16 May
Mitchells and Butlers loyalty card app Eagle Eye Solutions
Mitchells & Butlers earnings narrow as it spends on improvements and new sites

Mitchells & Butlers posted its half-year results for the 28 weeks to 14 April on Wednesday morning, reporting adjusted like-for-like sales growth of 1. 6%, and growth adjusted for the impact of snowy weather earlier in the year of 2. 5%.