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Latest News
15 Aug
pharma, biotech, drugs, lab, gsk, glaxo, trials,  clinical
Akers Biosciences profits hit over antigen difficulties

Akers Biosciences' losses burgeoned as second-quarter revenues were cut in half after softer sales of its flagship Heparin rapid assay products had offset a stronger showing in its breathalyser unit.

15 Aug
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Asia report: Most markets come under mid-week pressure

Markets in Asia finished mostly lower on Wednesday, as most major trading currencies in the region gave up further ground against the dollar, which itself was holding its ground against the lira amid a currency crisis in Turkey.

15 Aug
50 Finsbury Square Great Portland Estates GPE
GPE sells 160 Great Portland Street

Great Portland Estates has sold 160 Great Portland Street, W1 to 139 Westar House Marylebone Limited, part of the Alduwaliya Asset Management group, for £127. 4m.

15 Aug
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Feedback's TexRAD reaches India after first GE Healthcare order

Medical imaging technology firm Feedback’s operating company Feedback Medical on Wednesday received its first order via GE Healthcare for its patented image texture analysis technology TexRAD.

15 Aug
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Amazon told to pull 'misleading' one-day delivery advertisement

Amazon has been banned from advertising its one-day delivery service for Prime members after the UK's advertising regulator labelled it misleading.

15 Aug
drilling oil onshore
Savannah Petroleum continues 100% success record with Niger discovery

British independent oil and gas company Savannah Petroleum on Wednesday made a new oil discovery through its Eridal-1 exploration well in the Agadem Rift Basin, South East Niger.

15 Aug
mining polymetal
Cadence lauds acceleration of Auroch Minerals' drilling programme

Cadence Minerals on Wednesday reported that investee company Auroch Minerals accelerated its drilling programme with the start of works at its Bonaventura base metals project in South Australia.

15 Aug
UK media names Westminster attacker as Salih Khater

The suspect arrested after Tuesday's Westminster car attack that injured three people has been named as Salih Khater, UK media reported, citing unnamed sources.

15 Aug
admiral, insurance
Admiral pays out bumper dividend as European arm breaks even

Admiral profits zoomed ahead in the first half of the year, as several of the insurer's European businesses broke into profits and its UK motor insurance arm outperformed in a tough market.

15 Aug
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Indonesian central bank surprises with rate hike as rupiah nears five-year low

Indonesia's central bank surprised market watchers on Wednesday, hiking its main policy rate unexpectedly, despite what some economists said was a backdrop of continued weak economic growth and subdued inflation.

15 Aug
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London midday: Miners drag on FTSE amid dollar strength, falling metals prices

London stocks fell sharply into the red by midday on Wednesday, dragged lower by weakness in the mining sector and as investors mulled over the latest UK inflation data.

15 Aug
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Stilo tumbles as profit drop following loss of key customer

AIM-listed Stilo International reported a fall in first-half profits after the software group was unable to retain a key customer.

15 Aug
esure
Berenberg upgrades Esure, says Bain deal is 'excellent outcome' for shareholders

Berenberg upgraded Esure to 'hold' from 'sell' and lifted the price target to 280p from 230p after the insurer agreed to be bought by Bain Capital for 280p a share in cash.

15 Aug
chine china
Europe open: US dollar strength and weakness in Asia weighs on Basic Resource stocks

Stocks have started the morning lower, with heavy losses in Asian stocks overnight dampening investor sentiment, even as the main stockmarket gauges on Wall Street flirt with record-highs, alongside fresh gains for the US dollar against the currencies of its main trading partners.

15 Aug
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ECR Minerals reports new enthusiasm for Argentina

Precious metals exploration and development company ECR Minerals updated the market on Wednesday, following the visit by the company to Argentina to discuss the status and plans in respect of its existing interests, and also to consider potential new opportunities in Argentina that may complement existing interests.

15 Aug
house prices rightmove housing
UK house price growth at five-year low, official figures show

Land Registry figures revealed average UK house prices increased 3. 0% for June, the lowest annual rate since August 2013.

15 Aug
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Kibo signs MoU to buy 60pc of Mast Energy Developments

Africa focused energy company Kibo Energy has signed a memorandum of understanding (MoU) for the acquisition of a 60% equity interest in Mast Energy Developments (MED) - a private UK-registered company targeting the development and operation of flexible power plants to service the reserve power generation market - it announced on Wednesday.

15 Aug
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UK inflation rises above wage growth

UK inflation ticked up slightly last month for the first time since November, official figures revealed on Wednesday, but the measure used to determine rail fare hikes came in lower than expected.

15 Aug
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EVR signs deal to bring more Ally Pally gigs to VR

Virtual reality music content producer EVR Holdings announced an exclusive multi-year partnership with Alexandra Palace Trading on Wednesday.

15 Aug
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Keras Resources pressing ahead with Nayega sampling programme

Mineral resource company Keras Resources announced a number of appointments to advance the 10,000 tonne bulk sampling metallurgical testwork programme at the Nayega Manganese Project in northern Togo on Wednesday, which it said hosted a current JORC Code mineral resource of 13. 97Mt at 12. 4% manganese.