Latest News
LightwaveRF seeking suitors as a way to progress it strategy
Smart home solutions provider LightwaveRF announced on Monday that, to further accelerate its development, it has decided to conduct a formal review of its various strategic options, including a potential sale of the company by way of a ‘formal sale process’.
Tristel upbeat on progress at its MobileODT investment
Infection prevention products manufacturer Tristel announced on Monday that MobileODT - a company in which it holds a 2. 13% strategic equity stake - has successfully completed its first closing of a $9. 75m second-round institutional fund raising.
Savannah Resources joint venture awarded third concession in Mozambique
Savannah Resources announced on Monday that Mozambique’s Minister of Mineral Resources and Energy has conditionally awarded a third mining concession to the Mutamba Project.
Asia report: Most markets rise on weekend trade optimism
Most markets in Asia finished higher on Monday, as investors reacted to further developments on the US-China trade front over the weekend.
Europe midday: Markets mixed after Sino-US discussions, Chinese rate cut
European shares were mixed at lunchtime on Monday with a weekend phone-call between senior trade figures from Beijing and Washington in focus.
London midday: Stocks edge up after 'constructive' US-China talks, PBoC rate cut
London listed shares were holding on to their gains come midday on the back of news of "constructive" contacts between top US and Chinese trade negotiators at the weekend and after China's central bank trimmed its main official short-term policy interest rate.
Huawei claims US blacklist has 'limited' impact on tech company
Huawei chairman Liang Hua said on Monday that Washington's decision to blacklist the telecommunications equipment maker had had little impact on the firm overall.
US pre-open: Stocks set for slightly higher start, Morgan Stanley shuns US equities
US stock market futures were pointing to a slightly higher open in the States on Monday, following 'constructive' trade talks between the US and China at the weekend and a small interest rate cut by the People's Bank of China overnight.
Aviva to keep hold of Singapore, China businesses
Aviva said on Monday that it will retain its operations in Singapore and China after reports indicated that the former of the businesses could be slated for disposal.
Jefferies upgrades HSBC to 'buy' on restructuring plans
Analysts at Jefferies upgraded their recommendation for shares of HSBC from 'hold' to 'buy' in anticipation of an uplift to the lender's return on capital as it restructured some of its operations.
Mirada swings to profit after disposal of Connect business
Mirada on Monday swung to an interim profit following the $2. 7m sale of one of its businesses and a slight increase in revenue.
Short sellers target Hargreaves Lansdown, SJP over Woodford - FT
Short sellers have targeted financial service providers Hargreaves Lansdown and St James’s Place (SJP) as the duo are scrutinised for close links with scandal-hit fund manager Neil Woodford, the Financial Times reported.
Chamberlin loss deepens amid weaker automotive demand
Chamberlin on Monday reported a widened interim loss after revenue slid on the back of a reduction in demand from the automotive industry.
Week ahead: Central banks, US-China trade talks in focus
The flow of fresh economic data is set to slow perceptibly over the coming week, with investors' focus likely to continue to be on all things related with the ongoing trade negotiations between the US and China.
ShoreCap downgrades Consort Medical to 'hold' after all-cash offer from Recipharm
Analysts at ShoreCap downgraded their recommendation for shares of Consort Medical from 'buy' to 'hold' following the recommended cash offer from Recipharm.
Health and safety trial of Pressure Technologies trial begins
Specialist engineering company Pressure Technologies updated the market on the intended prosecution by the Health & Safety Executive on Monday, following a fatal accident at its subsidiary Chesterfield Special Cylinders in June 2015.
Open Orphan signs pharmacology trial contract with Carna
Rare and orphan drug consulting services provider Open Orphan announced the signing of a contract with Carna Bioscience for a first-in-human clinical pharmacology trial, it announced on Monday.
Europe open: Markets flat as Sino-US developments fail to inspire
European shares were flat on Monday morning with a weekend phone-call between senior trade figures from Beijing and Washington in focus.
Swiss group SIX launches bid for Spain's stock market operator BME
Consolidation among the world's main stockmarket operators heated up further at the start of the week as Swiss-based SIX Group launched a "friendly" bid for Spain's BME, even as the Madrid-based firm confirmed that it was in talks with pan-European exchange group . Euronext about a possible tie-up.
Diploma profit jumps as acquisitions propel growth
Diploma on Monday reported double-digit growth in annual profit and revenue after a good performance from its life sciences division and a number of new acquisitions.