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Latest News
20 Feb
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Enteq lifts expectations again after bumper second half

Oilfield services technology and equipment supplier Enteq Upstream announced a pre-close trading update ahead of its financial year ending 31 March on Wednesday, reporting that both full-year revenue and underlying EBITDA were expected to be “materially ahead” of its expectations.

20 Feb
Mining
Transense wins mining truck tyre contract in Burkina Faso

Transense Technologies on Wednesday won a further contract through its Ghanaian partner WATS (West African Tyre Services) to supply 41 iTrack II mining tyre monitoring systems for haul trucks at BISSA, a Nordgold mine in Burkina Faso.

20 Feb
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Maduro challenges Guaido to new elections and calls him 'Mr. Clown'

Venezuelan President Nicolas Maduro challenged opposition leader Juan Guaido to general elections on Tuesday.

20 Feb
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Beximco adds to US portfolio with purchase of Novartis assets

Generic drugs manufacturer Beximco Pharmaceuticals announced the signing of a definitive agreement with Sandoz - a division of Novartis - to acquire a portfolio of eight ‘Abbreviated New Drug Applications’ (ANDAs) in the US on Wednesday, for an undisclosed amount in cash.

20 Feb
vodafone store sign
Vodafone claims world's first live 5G smartphone connection

Vodafone claimed to have become the world's first operator to connect 5G smartphones to its live 5G network on Wednesday, as it prepared to launch 5G in a number of European cities during the second half of 2019.

20 Feb
Oyster contacless payment by Annie Mole (Flickr)
TfL picks Go-Ahead and ViaVan for new 'on-demand' bus trial

Transport for London launched a four-week consultation on plans to trial what it called an “innovative on-demand bus service” in the south London borough of Sutton on Wednesday.

20 Feb
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Asia report: Stocks rise as Trump hints at deadline delay

Most markets in Asia finished higher on Wednesday, riding a wave of positive sentiment generated by comments from Donald Trump that the looming deadline for a trade deal with China could be postponed.

20 Feb
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Marston's brewing business is an ignored asset, says Canaccord

Fuller's sales of its London Pride brand and other brewing operations for almost 24 times profits has led broker Canaccord to rethink valuations of other pubcos.

20 Feb
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Europe midday: Stocks gain on US-China trade news, talk of common euro area budget

Stockmarkets on the Continent are modestly higher after the US President signaled a more lenient stance towards China on trade and amid talk that Paris and Berlin might be set to agree on a common budget for the Eurozone.

20 Feb
westminster
UK government to protect companies with new outsourcing rules

The UK government will on Wednesday announce measures to reduce risks taken by private firms that provide public services, as it seeks to assist companies that have become increasingly wary of taking on new government business in the wake of Carillion's collapse last year.

20 Feb
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Wednesday broker round-up

Ocado: Peel Hunt downgrades to hold with a target price of 110p.

20 Feb
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ReNeuron storms on 'exciting' eye disease trial success

ReNeuron Group bounded upward on Wednesday after reporting that its cell-based therapy is showing signs that it can improve the sight of patients suffering from retinitis pigmentosa, which causes blindness.

20 Feb
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Eden Research gets Maltese approval for 'Cedroz' product

Biopesticide provider Eden Research announced on Wednesday that its commercial partner, Eastman Chemical Company, has received authorisation for Eden's nematicide formulation, marketed as Cedroz, from the Regulatory Affairs Directorate in Malta.

20 Feb
low and bonar manufacturing
UK manufacturing order books bounce back, finds CBI

UK manufacturing order books have bounced back from their blip a month ago, research from the CBI has found.

20 Feb
Food manufacturing
Manufacturers warn no-deal Brexit will 'kill off' some sectors

UK manufacturers have warned the government that leaving the EU without a deal would be "catastrophic" for the sector and that the prospect of applying zero tariffs on imported goods as a consequence would kill off certain sectors of industry "overnight".

20 Feb
london city skyscrapers
London midday: Stocks off highs as Sainsbury's slides on merger blow

London stocks were off earlier highs by midday on Wednesday as Sainsbury’s proved a drag after the competition watchdog cast doubt over its merger with Asda, with investors keeping their powder dry ahead of the Federal Reserve minutes and possible developments from Theresa May’s latest talks in Brussels.

20 Feb
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Lidco's recurring revenues soar as HUP offering picks up steam

Hemodynamic monitoring outfit Lidco saw recurring revenues soar in its last trading year after the group made continued progress with its high usage programme (HUP) business model in the first 18 months since its launch.

20 Feb
new york stock exchange, nyse, markets, wall street, us. photo: grant wickes
US pre-open: Stocks seen touch weaker ahead of Fed minutes

US futures pointed to a marginally weaker open on Wall Street on Wednesday as investors mulled over the latest developments in Sino-US trade relations and looked to the release of Federal Reserve minutes.

20 Feb
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Mobile Tornado leaps on 'significant' trading and technology improvements

Mobile Tornado Group jumped on Wednesday after reporting a "significant improvement" in adjusted EBITDA loss thanks to a "good trading performance" in the second half of the year.

20 Feb
donald trump
Trump says trade talks with China going 'very very well'

US President Donald Trump said trade talks with China were going "very very well" and said he would be willing to delay the 1 March deadline that would see tariffs on Chinese products rise from 10% to 25%.