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16 Apr
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StatPro extends finance facilities with Wells Fargo

Cloud-based portfolio analytics and asset pricing service provider StatPro Group has increased and extended its financing facilities with Wells Fargo Capital Finance, it announced on Tuesday.

16 Apr
oilfield
Petro Matad signs contracts for two rigs ahead of drilling programme

Mongolia-focussed oil explorer Petro Matad has signed contracts for two rigs for its upcoming 2019 four-well drilling programme, it announced on Tuesday.

16 Apr
MC Mining completes sale and purchase agreement for Makhado coal

MC Mining announced the conclusion of a coal sale and purchase agreement for the export quality thermal coal to be produced by the first phase of the Makhado hard coking and thermal coal project on Tuesday.

16 Apr
ep smartwatch
Cap-xx sees wearables demand soften, focuses on automotive industry

Supercapacitor manufacturer Cap-xx has looked to focus on strengthening its relationships in the "increasingly important" automotive segment as it warned that its wearable technologies unit had taken a hit.

16 Apr
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Tatton warns of consulting pressures as assets top £6bn

Discretionary fund manager and IFA support service Tatton Asset Management continued to grow revenue and adjusted operating profits in its last treading year despite a "complex and challenging" market environment.

16 Apr
london city skyscrapers
London midday: Stocks push higher as retailers rally; jobs data in focus

London stocks pushed a little higher by midday on Tuesday as investors mulled the latest reading on the UK jobs market, with some well-received updates from retailers lending support.

16 Apr
ep fire breaks out at notre dame cathedral in paris 20190415231502
Gucci and Vuitton families donate €300m for Notre Dame restoration

The Pinault and Vuitton families pledged €300m to help in the reconstruction of Notre Dame cathedral on Monday, just a few hours after fire engulfed the Parisian cathedral in flames.

16 Apr
industrial scientific technology iqe jobs
UK labour market remains strong in face of Brexit uncertainty

Levels of employment in Britain increased 179,000 to a record high in the three months to February, official data confirmed on Tuesday, but economists see ongoing headwinds for households and businesses.

16 Apr
yield curve wall street
US pre-open: Stocks to rise as Bank of America, Netflix report

US stock futures pointed to a positive open on Wall Street on Tuesday as investors eyed the release of more key earnings, with banking behemoth Bank of America and streaming giant Netflix in the frame.

16 Apr
la-croissance-devrait-rester-solide-en-allemagne-au-2e-trimestre
Europe midday: Stocks mostly higher, despite 'subdued' outlook for German economy

Stocks on the Continent are trading mostly higher as investors wait on another barrage of corporate earnings Stateside, amid holiday-thinned trading volumes.

16 Apr
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German foreign minister says UK cannot have further Brexit extension

Germany's foreign minister has warned that if the UK does not make progress on agreeing a Brexit deal it will not be given a further extension to the deadline beyond 31 October.

16 Apr
Telit Communications 3g module smart meter smartmeter
Telit Communications narrows loss as hardware revenues leap

Telit Communications on Tuesday reported that it had cut its annual losses as revenues jumped and sales and marketing expenses were reduced.

16 Apr
RBC Capital Markets downgrades BP after strong performance

RBC Capital Markets downgraded its recommendation on shares of oil giant BP to 'outperform' from 'top pick' on Tuesday following a recent strong performance on an absolute basis and versus the sector.

16 Apr
aleman, germany, alemania
German business expectations improve in April - ZEW

Sentiment about the outlook for German business improved more than expected in April but "remains greatly subdued", according to the latest survey from the ZEW Center for European Economic Research in Mannheim.

16 Apr
tower amplifiers telecoms filtronic
Manx Telecom acquires Synapse 360

Isle of Man-based communications provider Manx Telecom has entered into a conditional sale and purchase agreement for Synapse 360.

16 Apr
uniqlo
Asia report: Markets higher as US and China start another round of talks

Most markets in Asia finished in the green on Tuesday, with sentiment lifted by another round of trade talks between the US and Japan, although it was tempered by a warning on global trade from the governor of the Bank of Japan.

16 Apr
centamin sukari miners mining
Orosur talks over options following busy quarter

South American-focused gold developer Orosur Mining has been evaluating options with its Chilean lawyers after an arbitration tribunal ruled that its wholly-owned subsidiary Fortune Valley was required to pay Anglo American Inversiones roughly $1. 6m plus interest.

16 Apr
intercontinental hotels group, ihg, leisure, holiday inn
MainFirst starts 'safe haven' InterContinental Hotels at 'outperform'

Shares in InterContinental Hotels got a boost on Tuesday as MainFirst initiated coverage of the stock at 'outperform' with a 5,600p price target, arguing that it's a safe haven with opportunities for growth acceleration.

16 Apr
provident financial office
Provident chairman Snowball weighs in on 'dreadful' NSF bid

Provident Financial's chairman on Tuesday urged shareholders not to accept a hostile takeover bid from fellow sub-prime lender Non-Standard Financial.

16 Apr
Card Factory, retailing, gifts
Card Factory profit and LFL sales drop as footfall declines

Card Factory posted a drop in full-year underlying profit and like-for-like sales on Tuesday but a rise in revenue amid a "tough" consumer environment.