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Latest News
25 Feb
New York Stock Exchange, markets, traders, USA, stocks, shares, Wall Street. Photo: Pete Bellis
US pre-open: Stocks seen up amid Sino-US trade progress

US stock futures pointed to firmer open on Wall Street on Monday amid progress in Sino-US trade relations.

25 Feb
london city skyscrapers
London midday: Stocks pare gains as housebuilders weigh

London stocks had pared earlier gains by midday on Monday despite growing optimism over Sino-US trade relations, hampered by weakness in the housebuilding sector and worries about Brexit.

25 Feb
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LGIM snaps up Columbia Threadneedle's European chief

Legal & General on Monday appointed Michelle Scrimgeour as chief executive of Legal & General Investment Management (LGIM) and executive director at group level.

25 Feb
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Urban Logistics acquires two smaller urban logistics sites

Real estate investment trust Urban Logistics has acquired properties at Staffordshire's Stone Business Park and Leicestershire's Lime Kilns Business Park from Carbide Properties, conditional on receipt of planning permission.

25 Feb
contenidos television
Taptica warns of 'varied' trading

Advertising technology outfit Taptica, which has been plotting a £260m merger with rival RhythmOne to compete against the dominance of Google, has seen "varied" trading in the first few months of its financial year.

25 Feb
Money pounds sterling
Tungsten swings to a profit as margins and revenues improve

Business transaction network Tungsten swung to an EBITDA profit in the third quarter of its trading year following a bump in revenues and an improved gross margin.

25 Feb
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Erris Resources extends Abbeytown zinc project

Mineral exploration company Erris Resources has seen drilling at its Abbeytown zinc project in Ireland successfully connect underground and surface mineralisations, expanding the overall size and potential of the system.

25 Feb
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Fusion Antibodies dives as revenues falter

Fusion Antibodies' shares plummeted on Monday after the company warned of failing revenues due to uncertainty surrounding the timing of "a number of potential substantial orders".

25 Feb
St Andrews Ridge Persimmon Homes
Persimmon stumbles over Help to Buy scrutiny

Shares in Persimmon tumbled on Monday morning after it was reported that the housebuilder could be stripped of its right to claim cash from the government under the Help to Buy scheme.

25 Feb
May under pressure over Brexit delay as vote pushed back

Pressure increased on Theresa May to delay Brexit after she announced over the weekend that MPs would not get a meaningful vote on her deal until March 12, two weeks before Britain is due to leave the European Union.

25 Feb
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One Media snaps up music catalogue from Spanish record label

Digital media content provider One Media IP Group has acquired the music catalogue of Locomotive Records, an independent record label based in Spain.

25 Feb
Astrazeneca
Angle client demonstrates new use for 'Parsortix' system

Liquid biopsy company Angle said on Monday that one of its leading customers, the Disseminated Cancer Cell Network (DCCNet) in Duesseldorf, has published new results in a peer-reviewed journal of work done to harvest circulating tumor cells (CTCs) from diagnostic leukapheresis (DLA) samples.

25 Feb
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Kavango Resources raises £0.5m to accelerate Botswana work

Botswana-focussed exploration group Kavango Resources has raised £0. 5m before expenses through a placing of 17,857,142 ordinary shares, at a price of 2. 8p each, it announced on Monday.

25 Feb
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Diurnal expecting Israel launch of 'Alkindi' next year

Specialty pharmaceutical company Diurnal Group announced on Monday that its marketing and distribution partner, Medison Pharma has successfully submitted a market authorisation application (MAA) for its ‘Alkindi’ (hydrocortisone granules in capsules for opening) product to the Ministry of Health in Israel.

25 Feb
Oil rig, oil & gas, drilling
Independent Oil & Gas progresses in hunt for project partner

Independent Oil and Gas updated on the funding and progress of its two-phase Southern North Sea (SNS) core project on Monday, reporting that its focus remained on reaching a final investment decision (FID) at the earliest feasible time on the project.

25 Feb
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Trump delays China tariff hike after progress in Washington talks

US President Donald Trump has pressed pause on a planned increase in tariffs on Chinese goods that was set for 1 March, after he said "substantial progress" had been made in the latest round of bilateral talks.

25 Feb
oilfield
RockRose Energy buys Marathon Oil UK assets in $140m deal

Independent oil and gas company RockRose Energy has signed a share purchase agreement to acquire 100% of Marathon Oil UK, and 100% of Marathon Oil West of Shetland, from subsidiaries of Marathon Oil Corporation, it announced on Monday.

25 Feb
laura ashley
Laura Ashley chairman snuffs out takeover rumours

Laura Ashley on Monday denied receiving a takeover offer after weekend reports that entrepreneur Michael Flacks will make a bid for the struggling retailer.

25 Feb
centamin sukari miners mining
Centamin looking to return Sukari to 'full potential'

Centamin’s board proposed a final dividend of three US cents per share in its unaudited results for 2018 on Monday, totalling $34. 6m and bringing the total dividend for the year ended 31 December to 5. 5 cents per share, or $63. 5m.

25 Feb
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Ascential feeling 'well placed' after transformational year

Business information group Ascential said it was close to where it wants to be, strategically, after making three new acquisitions last year and selling off its exhibitions arm.