Latest News
London midday: Stocks tick higher but Sirius tanks after scrapping bond sale
London stocks had popped into the green by midday on Tuesday as sterling lost ground, but investors remained cautious amid ongoing geopolitical tensions in the Middle East.
Smart Metering Systems remains upbeat despite interim loss
AIM-listed Smart Metering Systems has swung into the red, hit by higher depreciation and interest costs.
Saudi Aramco customers warned of delays - reports
Saudi Aramco has reportedly told customers that next month’s crude deliveries will be delayed following attacks on its facilities.
Asia report: Markets mixed as oil prices remain high
Markets in Asia finished in a mixed state on Tuesday, as concerns around geopolitical tensions in the Middle East and the associated rise in oil prices continued to linger.
Wizz Air increases fuel hedging position
Low-cost airline Wizz Air assured investors that it had taken advantage of lower fuel prices over the summer period, slightly softening the blow of the significant increase in fuel prices seen over recent days.
BMO Commercial Property reports fall in NAV amid Brexit headwinds
BMO Commercial Property Trust on Tuesday reported a decline in net asset value per share as Brexit ensured continued uncertainty in the UK commercial property market.
St James House warns of delays to pre-paid card programme and merchant traffic services
Technology company St James House warned on Tuesday that both its pre-paid card programme and the onboarding of new merchant traffic were running behind schedule.
Yourgene Health builds 'strong foundation' following 'transformational' period
Molecular diagnostics group Yourgene Health told investors at its annual general meeting on Tuesday that it had built a "strong foundation" following a period of "transformational change".
MS International warns of 'substantial weakening' in results
MS International warned on Tuesday that it was "not immune" to the negative impact of widespread global economic uncertainty and that its full-year results would likely be substantially weaker than initially expected.
Bango cuts losses as data monetisation revenue soars
Bango on Tuesday reported a leap in interim sales as data monetisation revenues and end-user spend more than doubled, leading to a drop in losses.
Cohort achieves record operating profits and order intake
Independent technology group Cohort told shareholders at its annual general meeting on Tuesday that it achieved record adjusted operating profits and order intake over the year ending in April.
Aquis Exchange revenue soars as it becomes 'Brexit-ready'
Aquis Exchange reported a 165% improvement in its first-half revenue in its interim results on Tuesday, to £3. 4m, while it narrowed its EBITDA loss to £0. 16m from £1. 6m.
Central Asia Metals maintains interim dividend amid weak commodity market
Central Asia Metals declared an interim dividend of 6. 5 pence per share in its interim results on Tuesday, in line with its half-year distribution in 2018, even as gross group revenue slipped to $89. 9m (£72. 52m) from $102. 4m year-on-year.
Arkle Resources identifies new gold target at Inishowen
Irish gold and zinc exploration and development company Arkle Resources, formerly known as Connemara Mining Company, announced that a new gold target has been identified at its wholly-owned Inishowen Gold Project on Tuesday.
Petro Matad disappointed by drilling results from Red Deer-1
Mongolia-focussed oil explorer Petro Matad announced drilling and logging results from the Red Deer-1 exploration well located in the south of Block XX on Tuesday, as well as an operational update for Heron-1 and Gazelle-1 in the north of Block XX, in eastern Mongolia.
Trackwise Designs shares plunge on profit warning
Shares in Trackwise Designs plunged by a third on Tuesday as the company issued a profits warning.
Europe open: Markets mixed as oil pulls back, Fed meeting eyed
European stocks were mixed on Tuesday morning as markets steadied after the drone attacks on Saudi oil processing facilities, while investors remained cautious ahead of Wednesday's US Federal Reserve meeting.
Sirius Minerals pulls $500m bond issue due to 'poor market conditions'
Sirius Minerals said it was pulling a $500m raising due to jittery bond markets and cutting the rate of development on the world's biggest potash project as the UK government also refused support.
Sainsbury's outperforms peers in latest Kantar data
Sainsbury's was the standout performer among the 'big four' supermarkets in the 12 weeks to 8 September, according to data from research firm Kantar.
Ocado Retail revenues, average orders grow
Revenue at Ocado's joint venture with Marks & Spencer rose in the 13 weeks to 1 September, the company said on Tuesday.