Latest News
Ganfeng makes strategic investment in Bacanora Lithium
Bacanora Lithium announced the signing of a non-binding heads of terms for a strategic investment in both Bacanora and its flagship Sonora Lithium Project in Mexico by Ganfeng on Monday.
Bezant granted new environmental impact assessments in Argentina
Copper-gold exploration and development company Bezant Resources announced on Monday that updated environmental impact assessment (EIA) approvals permitting certain specified additional exploration work and drilling activity on the most prospective areas of its Eureka Project in Argentina had now been granted by the Director of Mining and Energy Resources of the Secretariat of Mining and Hydrocarbons, Government of Jujuy.
Ascent Resources buying compressor unit to re-stimulate wells
Europe-focussed oil and gas exploration and production company Ascent Resources has signed a contract for the purchase of a mobile compressor unit for use at its Petišovci project in Slovenia, it announced on Monday.
Lumentum cuts outlook as it becomes latest company to halt Huawei shipments
Lumentum has ceased shipments to Huawei, the Chinese telecoms giant, forcing the US technology company to slash its quarterly outlook.
Greggs on a roll says Berenberg, but keeps at 'hold'
Analysts at Berenberg upped their target price on bakery chain Greggs from 1,600p to 1,780p, on Monday, praising the group for its "excellent start" to the year.
Jaguar Land Rover books record loss as Chinese market stalls
Jaguar Land Rover posted a record £3. 6bn annual loss on Monday as revenues dipped amid a drop in demand from China, though the business returned to profitability in the final quarter.
Royal Mail to roll out UK's first ever parcel postboxes
Royal Mail introduced Britain's first ever parcel postboxes on Monday, revealing that the revamped boxes would soon be rolled out in locations across the UK following a successful trial in 2018.
Monday broker round-up
Hays: RBC Capital Markets upgrades to outperform with a target price of 175p.
US pre-open: Futures point to losses at the bell after White House blacklists Huawei
Wall Street futures pointed to losses at the bell on Monday, with market participants concerned about the potential repercussions of the White House's crackdown on Chinese telecommunications giant Huawei.
Dish serves up $800m deal with EchoStar
American satellite TV broadcaster DISH Network has acquired a swathe of assets from EchoStar in a deal worth $800m.
Europe midday: Technology and travel stocks reel
Stockmarkets across the Continent are seeing heavy losses amid a rout in the technology space after the US blacklisted Chinese telecommunications equipment manufacturer Huawei on Friday, banning US companies, including chipmakers, from supplying it with much needed components.
Ten Lifestyle snaps up three year technology and media contract
Ten Lifestyle Group on Monday won a new three-year contract with a global brand, with the contract expected to be worth more than £2. 0m in the 2020/2021 financial year.
Asia report: Markets mixed as investors struggle for direction in trade war
Markets in Asia were mixed as investors sifted through a tsunami of geopolitical developments, amid concerns for Huawei’s consumer operations as its license for the official version of the Android operating system was revoked by Google.
Foxtons revenue drops as Brexit uncertainty continues to dent sales
Estate agent Foxtons reported a drop in first-quarter revenue on Monday as volumes in the sales business remained at record lows amid Brexit uncertainty.
UK house price growth eases, London a drag
UK house price growth slowed in May, while all but two London boroughs saw a decline, according to the latest survey from Rightmove.
Hays weakness 'a good buying opportunity', says RBC Capital
RBC Capital Markets upgraded its stance on shares of recruiter Hays to 'outperform' from 'sector perform' on Monday as it argued that recent weakness has created a good buying opportunity.
City Pub sales jump 35% as expansion continues
City Pub Group reported a jump in sales on Monday for the 19 weeks to 12 May, as it said it's on track to meet expectations for the year.
Trump threatens to 'end Iran' as tensions escalate
Trump warned Iran to stop threatening the US and not to contemplate instigating a conflict or it would “end” the Islamic Republic.
Greenpeace blockades BP's global HQ
The global headquarters of BP has been shut down by Greenpeace, after the campaigning charity blockaded the oil giant’s west London office.
Cerillion swings to interim loss but remains optimistic on full year
Cerillion on Monday reported that it swung to an interim loss, though the company stressed that it remains "well positioned" to deliver full-year growth following a strong start to the second half.