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UK services sector unexpectedly contracts in September
The UK services sector unexpectedly contracted in September, according to data released on Thursday, with the economy edging closer to recession.
Imperial Brands CEO Alison Cooper to step down
Imperial Brands said on Thursday that chief executive Alison Cooper will step down once a suitable successor has been found, after nine years in the job and 20 at the company.
Genedrive loss narrowed after double-digit revenue rise
Genedrive on Thursday reported a narrowed annual loss as revenues jumped as its commercial relationship with the US department of defense (DoD) exceeded expectations.
Bahamas Petroleum mulling funding options as share price languishes
Oil and gas exploration company Bahamas Petroleum noted the latest movements in its share price on Thursday, and continued speculation pertaining to an imminent potential fundraising transaction by way of an equity placing to institutional investors.
Clipper Logistics launches fulfilment services for Amara Living
Logistics solutions, e-fulfilment and returns management services provider Clipper Logistics announced on Thursday that operations have begun on a new five-year contract with Amara Living - an online retailer operating in the home, living and lifestyle sectors.
Petro Matad begins testing operations on Heron-1
Mongolian oil explorer Petro Matad announced the start of testing operations at the Heron-1 well in the north of Block XX, eastern Mongolia on Thursday.
Europe open: Markets bounce as US tariffs less severe than expected
Stocks on the Continent were putting in a small bounce on Thursday after US trade tariffs on European luxury goods proved less severe than had been feared, even as key survey readings pointed to stalling euro area economic growth and a potential drop into recession by Germany.
Germany may have fallen into recession in September, services PMIs show
Activity in the euro area's services sector cooled more quickly than expected last month, to its slowest pace year-to-date, amid weakening export trade and with companies running down their order backlogs, to the point that economic growth overall may have ground to a halt and with Germany entering a recession, the results of closely-followed surveys found.
Wincanton sees FY results in line with market expectations
Third-party logistics company Wincanton said on Thursday that results for the year to the end of March 2020 should be in line with markets expectations after it secured "good levels" of new business in the first half.
CMC Markets jumps after raising full-year guidance
CMC Markets raised its forecast for full-year operating profits on the back of the "strong" net trading revenues observed during the first half of its financial year 2020 on the back of higher income from its technology business and higher sales from its white-label stockbroking business.
GlobalData names Sally Johnson as CFO-designate
Analytics outfit GlobalData tapped Sally Johnson to take over from Graham Lilley as its chief financial officer on Thursday, following the latter's decision to step down from the group.
Tower Resources in talks with oil major over Namibia blocks
Africa-focussed oil and gas company Tower Resources updated the market on the latest activity on blocks 1910A, 1911 and 1912B in Namibia on Thursday.
Kenmare Resources sets up sustainability committee
Titanium minerals and zircon producer Kenmare Resources, which operates the Moma Titanium Minerals Mine in northern Mozambique, announced on Thursday that its board had approved the establishment of a sustainability committee.
IronRidge pleased with latest results from Dorothe
Africa-focussed minerals exploration company IronRidge Resources announced positive results of an induced polarisation (IP) ground geophysics survey on Thursday, completed over the 200 square kilometre Dorothe Gold Project, about 180 kilometres south-east of Abeché in eastern Chad.
Stagecoach to challenge rail bid ban in court next year
Stagecoach said it would take the government to court next year over the decision to ban the firm from bidding for three rail contracts as it maintained full year guidance despite a slowdown in regional bus revenue.
Totally launches new specialist healthcare unit
Healthcare services firm Totally launched a new specialist unit targeting the market for insourcing of healthcare services in the UK and Ireland on Thursday.
MTI Wireless secures multiple orders for military antennas
Communications and radiofrequency technology group MTI Wireless Edge has secured multiple orders from an unnamed and existing customer for several naval projects.
Speedy Hire first-half revenues rise
Tool and equipment hire company Speedy Hire posted a rise in revenue on Thursday thanks to a strong performance from its SME business,with trading in the second half set to improve.
Assura's strong progress continues in 'very active' first half
Property investment and development firm Assura continued to build on the strong progress seen in the group's previous financial year as it wrapped up a "very active" first half on Monday.
BigDish agrees to integrate services within NFS' point of sale software
Food technology company BigDish has reached an agreement to integrate its services within NFS Technology's point of sale software solution for restaurants.