Latest News
TyraTech enters into merger agreement with American Vanguard Corporation
Life sciences company TyraTech has entered into a conditional merger agreement with American Vanguard Corporation, whereby, conditional upon approval by TyraTech shareholders, AMVAC would acquire the remaining shares of common stock in TyraTech which it did not already own, for a consideration of 3. 15p per share, it announced on Friday.
Panthera gets stay order over Bhukia joint venture
Gold exploration and development company Panthera Resources announced on Friday that the High Court of Rajasthan in Jodhpur has granted stay order protection over the entire 25 square kilometre prospecting licence application (PLA) area of the Bhukia joint venture.
Staff costs push profits lower at Numis
Investment banking group Numis Corporation updated the market on its trading for the year ending 30 September on Friday, reporting a “good trading performance” in the year, although it said revenue in the second half did not reach the level achieved in a “particularly strong” first half.
88 Energy secures another 45,000 acres on North Slope of Alaska
88 Energy updated the market on its operations on the North Slope of Alaska on Friday, confirming that agreements had been executed for an additional 45,239 acres net to the company.
Europe midday: Rome opts to go head-to-head with Brussels
Italy's governing coalition threw down the gauntlet to Brussels on budget austerity on Thursday, opting for a 2019 government deficit target that some economists said marked a "significant deviation" from European Union rules, while others said it may foreshadow the imminent departure of the country's economy minister, Giovanni Tria, which had argued for restraint, although there were also reports to the contrary.
Danish police shut off access to Copenhagen
Danish police cut off access to the island of Zeland, where the country's capital, Copenhagen, is located, as part of a major police operation.
US pre-open: Stocks set for lower start, Tesla and Italy in the spotlight
Wall Street is set for a lower start at the end of the week, following a mixed reading on personal incomes and spending for last month and in the wake of heavy losses in stockmarkets across the Pond.
SEC accuses Elon Musk of fraud, could lose Tesla board seat
Tesla founder and chief executive officer Elon Musk could lose his seat on the board of directors after the US financial regulator filed a lawsuit accusing him of securities fraud.
Veltyco repositions after 40% revenue boost dampened by rising costs
Online videogame-focused marketing company Veltyco saw a 40% rise in first-half revenue offset by increased selling costs and marketing spend.
Revised GDP data paints weaker picture for UK economy
UK economic growth was confirmed at 0. 4% for the second quarter but first-quarter growth was revised down by the Office for National Statistics on Friday.
7digital sees operating profit as 'highly achievable' after strong first half
7digital reported some strong progress during the first six months of its trading year, with the streamed music and radio services business-to-business platform improving both revenues and profits throughout the half.
Savannah Petroleum losses widen throughout 'very busy' first half
Savannah Petroleum's net loss widened significantly during its "very busy first half".
Jadestone wraps up acquisition of Montara oil project
Jadestone Energy has wrapped up its acquisition of the Montara oil project off the coast of Australia with a $195m payment to its current owner and operator PTT Exploration and Production.
Rio Tinto sells off Grasberg mine to Indonesian state-run mining outfit
Rio Tinto has signed a binding agreement for the sale of its interest in Indonesia's Grasberg mine.
London midday: GDP disappointment and Italy worries knock shares
London stocks tumbled back to around where they started the week by midday on Friday, after disappointing GDP figures and with the financial sector leading the downside amid the prospect of a clash over Italy's budget.
Asia report: markets positive as Japan nets retail and manufacturing boost
Asian markets largely enjoyed a positive day of trading on Friday as the Japanese Nikkei 225 saw its highest intraday levels since November 1991.
Upland upbeat on drilling contract signing at Wick well
Oil and gas company Upland Resources noted on Friday that Corallian Energy, as operator of UK Seaward Production Licence P2235, has now signed a contract with UK-based drilling contractor Ensco for the provision of the Ensco-72 jack-up rig to drill the Wick well.
Serco surges as trading improves
Public sector outsourcing specialist Serco surged on Friday as it made an unscheduled announcement confirming that trading is set to be stronger than previous guidance for revenues, profitability and cash flow with net debt set to end the year at a lower level too.
UK performance drags on RSA in third quarter
RSA reported a “strong” third quarter in its international businesses in a trading update on Friday morning, but poor UK underwriting results, driving a “disappointing” quarter overall.