Latest News
RBC Capital starts Paragon at 'sector perform'
RBC Capital Markets initiated coverage of Paragon Banking Group at 'sector perform' with a 500p price target on Friday, noting that buy-to-let growth is still strong and Paragon is the only lender with an expanding margin.
OKYO adds experienced research director to team
Biotechnology company OKYO Pharma announced the appointment of Raj Patil as its senior director of research and development on Friday.
Xeros Technology signs 10-year deal with Le Farc
Water saving technologies developer Xeros Technology Group has signed a 10-year contract with Le Farc, to convert its re-tanning operations in León, Mexico to use Xeros' patented polymer technology, it announced on Friday.
Thalassa Holdings reourchases another 50,000 shares
Thalassa Holdings announced on Friday that, on Thursday, it purchased 50,000 of its shares at a price of 94p each.
FTSE 100 movers: Miners rally but Just Eat slumps on Uber/Deliveroo reports
London's FTSE 100 was up 1. 6% to 7,484. 12 in afternoon trade on Friday as the pound took a tumble after PM Theresa May said Brexit talks with the EU have hit an "impasse".
Majority support plans to fund NHS through tax hike
More than half of people on both sides of the political spectrum agree the government should increase taxes in order to better fund public services, according to the British Social Attitudes survey.
Osirium wins cyber-security contract with major British retailer
Cybersecurity software group Osirium Technologies has inked a contract with an unnamed major British retailer.
Borrowing rises but still offers ample room for Chancellor
UK government borrowing was higher than expected last month, official figures have showed, but is sill on course to allow the Chancellor plenty of leg room to increase spending in his coming Budget.
Europe midday: Stocks hold onto early gains
Stocks on the Continent are holding onto their earlier gains after some of Wall Street's main stockmarket gauges notched-up fresh all-time highs the day before.
US pre-open: Stocks seen muted after record session
US stocks looked set for a muted open on Friday following a record session the day before on the back of strength in the technology sector and easing worries about the US-China trade conflict.
London midday: Stocks extend gains as sterling slides on no-deal jitters
London stocks had extended gains by midday on Friday as sterling slid on jitters about a no-deal Brexit, while a strong performance from the mining sector also provided a boost.
Asia report: Most markets higher after stellar Wall Street performance
Most markets in Asia finished in positive territory on Friday, following a stellar performance on Wall Street overnight, as traders once again appeared to shrug off ongoing trans-Pacfic trade concerns.
Moss Bros swings to loss, warns over FY profit
Moss Bros pinned the blame on the World Cup and the hot weather on Friday as it said it swung to a loss in the first half and warned that full-year operating profit will be "materially" lower than current market expectations of £2. 3m.
Tower Resources and operator seek farm-out partner at Algoa-Gamtoos
Africa-focussed oil and gas company Tower Resources updated the market on its Algoa-Gamtoos licence in South Africa, in which it holds a 50% interest through its wholly-owned subsidiary Rift Petroleum, together with the operator New Age Energy Algoa, on Friday.
Mercia Technologies investee companies reach 'significant' milestones
Technology business investment group Mercia Technologies told shareholders on Friday that, since its 31 March year-end, its direct investment portfolio had continued to make “good overall progress”.
Armadale reports progress in Tanzania, appoints China consultant
Natural resources investment company Armadale Capital announced “significant progress” on the 2018 field work programme underway at its Mahenge Liandu Graphite Project in Tanzania on Friday.
Andalas Energy acquires interest in Colter prospect
Upstream oil and gas and energy company Andalas Energy and Power has, through its 100%-owned subsidiary Resolute Oil & Gas UK, entered into an agreement with Corallian Energy to acquire, via a farm-in, an 8% interest in UK Continental Shelf Licence P1918 which contains the Colter prospect, as well as PEDL 330 and PEDL 345.
Greencoat Renewables acquires Knocknalour wind farm
AIM-listed energy outfit Greencoat Renewables has acquired the Knocknalour wind farm in County Wexford for a total of €10. 9m.
Jadestone acquisition of Montara project clear to proceed
Independent oil and gas production company Jadestone Energy announced on Friday that all conditions precedent to its proposed acquisition of the Montara oil project, offshore Australia, were now satisfied.
AMG Superalloys enters renewable power agreement with Orsted
AMG Advanced Metallurgical Group announced on Friday that AMG Superalloys has entered into a multi-year agreement with Ørsted to purchase 100% of its power requirements from renewable sources, starting in October 2018.