Latest News
Ncondezi Energy on track for tariff submission
Ncondezi Energy updated the market on its power tariff finalisation and submission process for the integrated 300MW coal-fired power project and coal mine in Tete, Mozambique on Friday, reporting that the tariff financial model was on track for submission to its strategic partners at the end of January.
Barkby Group exchanges contracts on Huntingdon site
Barkby Group announced on Friday that the site in Huntingdon, Cambridgeshire, referred to in its AIM admission document on 19 December, has progressed from being in legal negotiations to having exchanged contracts.
UniVision enters cooperation framework deal with joint venture partners
Hong Kong-based closed circuit television and surveillance systems company UniVision said on Friday that, further to the sub-contractor announcement it made on 19 November, it has now also entered into a cooperation framework agreement with the China Railway Engineering Hong Kong (CREHK) and China Railway Wuhan Electrification Engineering Group (CRWE) joint venture.
December US housing starts surge past forecasts
Homebuilding activity in the States blew the doors of economists' forecasts in December, but economists were quick to point out that such strength was just not sustainable and some of the underlying data appeared to point in that direction too.
FTSE 100 movers: IAG flies higher; Whitbread hit by downgrade
London’s FTSE 100 was up 1% at 7,684. 62 in afternoon trade on Friday, underpinned by a weaker pound after disappointing retail sales data.
UK retail sales unexpectedly fall in December
UK retail sales unexpectedly fell in December, according to figures released by the Office for National Statistics on Friday, adding weight to expectations of a rate cut by the Bank of England this month.
OptiBiotix eyes profitability in 2020, explores Nasdaq listing
Life sciences business OptiBiotix Health provided revenue guidance for its recently wrapped up trading year on Friday and told investors it was now eyeing up a dual-listing on the New York Stock Exchange as it forecast profitability in 2020.
IAG cancels limit on non-European share ownership
British Airways and Iberia parent IAG flew higher after ditching its rule to impose a limit on non-EU shareholders.
US pre-open: Futures point to positive open following Chinese data
US futures had stocks opening higher ahead of the bell on Friday following the release of some economic data out of China overnight.
London midday: Stocks push higher as retail sales dent sterling
London stocks had extended gains by midday on Friday as sterling was dented by weak retail sales figures.
Hospitals delayed by Carillion collapse as costs blow out - NAO
The cost of building two new hospitals that are still uncompleted after the collapse of government contractor Carillion, the National Audit Office said on Friday.
Star Phoenix gets go-ahead for sale of Range Resources Trinidad
Trinidad and Indonesia-focussed oil and gas company Star Phoenix has received the required approvals from Heritage Petroleum Company - the state oil and gas company of Trinidad and Tobago - for the sale of Range Resources Trinidad to LandOcean Energy Services, it announced on Friday.
Novacyt division signs distribution deal with VGS Group
Clinical diagnostics specialist Novacyt announced on Friday that its molecular testing division, Primerdesign, has signed an exclusive commercial agreement with Atothis - part of VGS Group - for the distribution of certain molecular diagnostic products in France, for the aquaculture and aquamarine markets.
Kazera Global reports solid start to year at African Tantalum
Investment company Kazera Global, which has an interest in the Tantalite Valley Mine (TVM) in Namibia through its stake in African Tantalum (Aftan), updated the market on its operations on Friday.
Asia report: Markets advance as China meets GDP expectations
Markets in Asia were in the green as they closed on Friday, as investors reacted to decent growth figures from China, and stocks in Japan and South Korea leapt to 15-month highs.
Flybe defends rescue as rivals attack deal
The war of words over Flybe's rescue package escalated on Friday as the regional airline denied it had received favourable treatment and competitors threatened legal action.
The Gym Group revenues rise as membership numbers grow
The Gym Group reported a rise in full-year revenues on Friday as membership numbers grew.
Mike O'Leary to take up role as chairman at Dotdigital
Marketing automation and customer engagement software-as-a-service (SaaS) provider Dotdigital Group has appointed Michael O'Leary to its board as non-executive chairman, it announced on Friday, effective immediately.
Itaconix and Nouryon terminate agreement over detergent polymers
Specialty polymer company Itaconix announced on Friday that itself and Nouryon have mutually agreed to terminate their agreement for Nouryon to exclusively distribute Itaconix polymers with chelating properties worldwide for detergent applications.