Latest News
Former Autonomy CEO to face criminal charges in US
Autonomy’s co-founder Mike Lynch faces US criminal charges that include fraud and conspiracy regarding the company's takeover by Hewlett-Packard in 2011.
London midday: Miners and housebuilders pace the decline as G20 eyed
Miners and housebuilders pushed the FTSE 100 below the 7,000 mark by midday on Friday as investors eyed the G20 meeting of world leaders with caution.
Redx Pharma jumps as first data shows 'great potential' for fibrosis candidate
Redx Pharma made gains on Friday after it said that pre-clinical data suggested that its RXC006 drug candidate has “great potential” as a treatment for fibrosis.
Hiscox, Spirax eye blue chip promotion in FTSE reshuffle
Royal Mail looks likely to be replaced by insurer Hiscox in the FTSE 100 in next month's quarterly reshuffle, while the completion of Shire's takeover in the new year will trigger the promotion of another newcomer.
Scholium swings to loss after stamp collector's shaky start
Scholium reported on Friday that it swung to a loss in the first half of the year due to charges associated with the startup of collectable stamp specialists Mayfair Philatelics.
Jangada Mines losses widen as Pedra Branca investments increase
South America-focussed platinum group Jangada Mines saw ore volumes increase during its last trading year but increased admin costs saw the project developer's annual losses widen.
Vast Resources sees mixed production results, focuses on stripping
Romania and Zimbabwe-focussed mining company Vast Resources updated the market on its operations and production for the three months ended 30 September on Friday, reporting a “solid” third quarter for the Pickstone-Peerless gold mine in Zimbabwe.
Metal Tiger pleased with Thai regulatory progress
Natural resources investor Metal Tiger announced on Friday that, on 22 November, the Thai Minister for Industry appointed the final six Mineral Committee members.
G20 to start amid global trade, political tensions
The G20 leaders' meeting was due to kick off in Buenos Aires against a backdrop of global trade tensions, murder, the rise of populism and disagreements over climate change and conflict in Crimea.
Pan African Resources upbeat on Royal Sheba drilling
Pan African Resources updated on the exploration drilling programme and the mineral resource estimate at Royal Sheba on Friday, reporting that it had finalised the exploration drilling programme on the project.
STM warns on profits over 'uncollectable' policy fees
Financial services company STM Group warned investors that full-year profits would be hampered by "uncollectable policy fees" and softer-than-expected new business wins in one of its insurance divisions.
Intu Properties agrees trio of disposals for £25m
A day after revealing that a consortium led by its deputy chairman had pulled its £2. 9bn takeover offer for the shopping centre owner, Intu Properties announced a trio of property disposals for £25. 3m.
Christmas gift from train operators: a 3.1pc fare increase
Domestic travellers were met with their annual Christmas gift from rail operators on Friday - confirmation that fares will rise by 3. 1% in the new year.
UK businesses struggle to recruit workers as EU migration turns negative
UK businesses have warned of growing shortages of skilled workers as Brexit uncertainties causes EU migrants to move out of the country.
Webis wins California gambling licence extension approval
Pool-wagering specialists Webis Holdings jumped on Friday after its WatchandWager. com business won license extension approval from the California horse racing board.
EU Supply inks license agreement with Danish Government
Software provider EU Supply has strengthened its position in Denmark on the back of a new contract that will see the AIM-listed firm license its complete tender management platform to the Danish Ministry of Taxation.
Goldman downgrades Sage as risk/reward more balanced
Sage was under pressure on Friday as Goldman Sachs downgraded its stance on the software company to 'neutral' from 'buy' and cut the price target to 670p from 780p, arguing that the risk/reward is now more balanced following estimate resets and a more realistic revised outlook.
Chinese manufacturing growth stalls in November
China's manufacturing sector stalled in November for the first time in two years, according to data released by the National Bureau of Statistics.
London open: Stocks edge lower ahead of G20 meeting as miners retreat
London stocks edged lower in early trade on Friday as miners retreated on the back of disappointing Chinese manufacturing figures, with traders cautious ahead of the G20 meeting.
Friday newspaper round-up: US tariffs, UK recruitment, Monzo, various frauds
The Trump administration is exploring a deal to delay further tariffs on Chinese imports in exchange for decisive talks about overhauling Beijing’s economic policy, it was reported last night. Officials in Washington and Beijing have spoken for several weeks about setting up talks that could delay the tariffs until at least the end of the spring, as they seek to avert escalation of their trade war. - The Times/Wall Street Journal.