Latest News
Boohoo appoints Primark's John Lyttle as CEO
Fast fashion retailer Boohoo has poached Primark's chief operating officer, John Lyttle, for the role of chief executive.
Unilever shareholders raise opposition to HQ relocation plans
A major shareholder in Unilever has pledged to vote against the consumer goods giant's plan to relocate headquarters from Britain to the Netherlands.
Morgan Stanley trims target price for Prudential, but reiterates 'overweight'
Analysts at Morgan Stanley trimmed their target price for shares of Prudential but reiterated their 'overweight' recommendation for the stock ahead of its de-merger into an asset manager to be called M&G Pru and an insurer focused on the UK, US and, above all, Asia.
Tri-Star Resources narrows loss as it nears completion of Oman project
Mining and minerals processing company Tri-Star Resources announced its unaudited results for the six months ended 30 June on Monday, reporting that its principal activities during the period continued to be its investment in an antimony and gold production facility in the Sultanate of Oman.
Empire State manufacturing index drops in September
Business conditions in the New York region deteriorated in September, according to a survey from the New York Fed.
W Resources adds more experience to board
Tungsten, copper and gold mining company W Resources announced the appointment of Pablo Neira and James Argalas as non-executive directors, who were joining the board with immediate effect.
ClearStar swings to EBITDA profit in first half
Background check technology and service provider ClearStar announced its unaudited results for the six months ended 30 June on Monday, reporting an 11% improvement in revenue to $9. 9m.
Greatland Gold launches second drilling programme at Western Australian asset
Greatland Gold has kicked off its second drilling programme at its Havieron asset in order to test the extent and direction of a high-grade zone of gold and copper mineralisation uncovered during the firm's maiden drill campaign.
Serinus Energy reports decent flow test results from Moftinu
Serinus Energy announced the flow-test results of the Moftinu 1003 well on Monday, which it had previously announced was drilled to 1,600 metres.
Ariana Resources preparing drilling programme at Ivrindi
Turkey-focussed exploration and development company Ariana Resources announced the results of recent exploration and development work at the Ivrindi Gold Project on Monday.
Prospex narrows losses as it makes good development progress
Investment company Prospex Oil and Gas issued its interim results for the six months ended 30 June on Monday, reporting “rapid progress” being made across its three key investment assets.
First gas confirmed at Bainet by Prospex
Investment company Prospex Oil and Gas has been advised by operator Raffles Energy that first gas production has commenced from the Bainet gas field at the EIV-1 Suceava Concession in North East Romania, it announced on Monday.
ShoreCap profits creep up amid investment in corporate broking
Rising costs and increased investment in corporate broking dragged on profits growth at stockbroker Shore Capital in the first half of the year but were mostly offset as profits accelerated in asset management.
Asia report: Most markets lower as US prepares fresh tariffs
Most markets in Asia ended in negative territory on Monday, after reports emerged over the weekend that the US could implement its latest round of punitive tariffs on more than $200bn of Chinese imports sometime this week.
Frontera in dispute with Yorkville Adviser fund over loan conerns
Frontera Resources is locked in a dispute with investment company Yorkville Advisors after raising serious concerns over the validity of the Cayman Islands-based group's calculations.
Sophos slumps on Deutsche Bank downgrade
Security software and hardware company Sophos was under the cosh on Monday as Deutsche Bank downgraded the stock to 'hold' from 'buy' and slashed the price target to 530p from 630p amid rising competition and as guidance looks challenging.
IMF and BCC warn of economic consequences of Brexit uncertainty
There were two chilling warnings for the government on Monday as the International Monetary Fund warned that a 'no-deal' Brexit would be likely to lead to a recession for the UK economy, while the British Chambers of Commerce warned of further slower growth for this year and next.
Quarto narrows losses in first half
Improved revenues and profit margins helped illustrated books publisher Quarto narrow losses throughout the first half of its trading year.
Creo Medical grants distribution extension to Pentax
Surgical endoscopy firm Creo Medical entered into an addendum to its distribution agreement with Pentax Medical on Monday, extending Pentax’s distribution rights for the Asia Pacific region.
Tullow Oil a 'buy' as meaningful exploration returns - Canaccord
With Tullow Oil showing "clear signs of a return to meaningful exploration", analysts at Canaccord Genuity raised their rating on the group to 'buy' on Monday.