Latest News
Immotion Group signs VR content deal with iP2Entertainment
Immersive virtual reality company Immotion Group announced the signing of a $0. 5m VR and immersive content creation contract with Amsterdam-based global family entertainment specialist iP2Entertainment on Friday.
SDX Energy lowers production guidance in first quarter update
North Africa-focused oil and gas company SDX Energy issued its financial and operating results for the three months ended 31 March on Friday, reporting first quarter production of 3,715 barrels of oil per day (boepd), which was an increase of 22% year-on-year.
HP Enterprise to buy supercomputer maker Cray in $1.3bn deal
Hewlett Packard Enterprise has agreed to buy supercomputer maker Cray in a deal valued at around $1. 3bn.
BofA cuts 2020 UK GDP forecast on prolonged Brexit uncertainty, US-China trade war
Economists at Bank of America-Merrill Lynch cut their forecasts for the rate of growth in Britain's economy for this year and next, predicting that the uncertainty around Brexit will last for longer and that the US-China trade war will escalate.
Europe midday: Stocks slip after China denies plans for further trade talks
Stocks across the Continent are holding lower after Chinese officials denied that trade talks were set to continue, amid of raft of criticism of Washington in state-controlled media.
Hunters Property lifts first-half expectations, reassures over letting fee ban
Franchised sales and lettings agency business Hunters Property updated the market on its trading on Friday, reporting that so far this year it has opened seven new branches, compared to three in the same period last year.
Pan African Resources maintains guidance as it makes solid development progress
Pan African Resources updated the market on its trading for the nine months ended 31 March on Friday, reporting that its performance over the period reflected its efforts to maintain itself as a “safe, low-cost and long-life” gold producer.
Leeds Group issues second profit warning amid increased competition
Leeds Group warned on Friday that it now expects its performance in the year ended 31 May to fall "significantly below" last year, as its subsidiaries have faced increased competition.
Sterling under pressure as cross-party talks collapse
Sterling was under pressure on Friday, dropping below $1. 28 for the first time since February as it emerged that Brexit talks between the government and the Labour party have collapsed, increasing the risk of the UK leaving the EU without a deal.
Acacia's North Mara mine fined over alleged environmental breaches
Acacia Mining said on Friday that its North Mara mine has been issued with a fine for alleged historical breaches of environmental regulations in Tanzania.
London pre-open: Stocks to edge lower as hard Brexit fears return
London stocks were set to edge lower at the open on Friday following solid gains in the previous session amid renewed concerns about a possible hard Brexit.
London open: Stocks edge lower, Just Eat tumbles as rival gets Amazon backing
London stocks edged lower in early trade on Friday following solid gains in the previous session, amid renewed concerns about a possible hard Brexit.
ECB faces potential losses in Santander-LetterOne battle
The European Central Bank could face loses over the bonds it holds from Spanish company Distribuidora Internacional de Alimentacion (DIA) as LetterOne battles Santander bank to recapitalise the retailer.
Applied Graphene secures tenth manufacturing process patent
Applied Graphene Materials (AGM) on Friday received patent approval for its unique manufacturing process in a "strategic territory" which constitutes the tenth out of eleven territorial applications the company made in 2010.
Eurozone inflation picks up in April
Eurozone inflation picked up in line with expectations in April, as prices rose in the services sector.
US pre-open: Futures point to losses as 'bizarre week' draws to an end
Wall Street futures were pointing to a negative open on Friday as tensions between Washington and Beijing remained at the forefront of investors' minds.
Urban Logistics disposes of Bedfordshire site for £9.2m
Real estate investment trust Urban Logistics has sold a site located on Postley Road, Bedford, for £9. 2m, realising a total property return of 74% in the process.
Veltyco set for losses after shuttering lottery and financial trading units
Online marketing and operating company Veltyco warned on Friday that the first six months of its trading year would result in a loss following the termination of its lottery and financial trading marketing agreements.
Scholium carves out small profit in second half
Rare book retailer Scholium expects to post a small profit from its second trading half, putting it on track to break even for the year as a whole.