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Latest News
22 May
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Ryanair to shut Laudamotion Vienna base

Ryanair's Laudamotion airline said it would shut its main base in Vienna with the loss of more than 300 jobs in what could be the first of a series of closures across Europe.

22 May
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Ideagen software helps WHO during socially-distant global assembly

Regulated information management software company Ideagen announced a partnership with the World Health Organization (WHO) on Friday, to support its collaboration and policy-making work with member states and other interested bodies during the Covid-19 coronavirus pandemic.

22 May
ITM Power joins Australian hydrogen bus consortium

Energy storage and clean fuel company ITM Power announced the formation of the ‘H2OzBus Project’, and the signing of a memorandum of understanding with strategic partners, on Friday.

22 May
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EVR Holdings changes name to MelodyVR Group

Virtual reality entertainment content creator EVR Holdings announced a name change on Friday, to MelodyVR Group.

22 May
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Time Out to raise £45m in placing to strengthen balance sheet

Time Out said on Friday that it plans to raise up to £45m in a placing to strengthen its balance sheet in the wake of the coronavirus pandemic.

22 May
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Proactis reports solid new business performance in year-to-date

Business spend management company Proactis Holdings updated the market on its performance on Friday, reporting the signing of new contracts worth £11. 3m in the year to date.

22 May
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DP Poland narrows losses as it expands Domino's footprint

DP Poland reported a 16% improvement in pre-IFRS revenue in its final results on Friday, to PLN 69m (£13. 67m).

22 May
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Oxford University enrolling 10,260 more volunteers for late stage Covid-19 vaccine trials

Oxford University and its partnership institutions have begun enrolling volunteers across Britain in the next phase of clinical trials for its vaccine against Covid-19.

22 May
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Genedrive gets CE-mark for Covid-19 test kit

Molecular diagnostics company Genedrive announced on Friday that its ‘Genedrive 96 SARS-CoV-2 Kit’ was now CE-IVD marked, and available for commercial sale across the European Union, including the UK.

22 May
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Facebook to shift to permanent remote work force

Facebook is planning to shift to a more remote workforce in a similar move to what’s being considered by many tech groups as a result of the ongoing pandemic.

22 May
Coro Energy gets final approvals for Duyung buy-in

South east Asia-focussed upstream oil and gas company Coro Energy announced on Friday that all necessary Indonesian regulatory approvals for the transfer of title of the 15% direct interest in the Duyung production sharing contract to Coro had now been received.

22 May
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Government extends mortgage payment holiday until October

The government's mortgage payment holiday scheme has been extended for three months, it was announced on Friday.

22 May
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One Media iP continuing to trade as expected

Intellectual property rights company One Media iP Group said on Friday that it has continued the positive momentum it described at the start of May, with trading still in line with the expectations of its board.

22 May
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Covid-19 puts brakes on Go-Ahead profits

Shares in Go-Ahead fell heavily on Friday, after the travel group warned that the Covid-19 outbreak and ongoing problems at its German rail franchise would hit full-year profits.

22 May
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US pre-open: Dow futures point to losses amid heightened tensions with China

US futures had stocks opening lower on Friday amid a ratcheting up of tensions between Washington and Beijing.

22 May
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Stelios fails in bid to eject top easyJet directors

EasyJet's founder Stelios Haji-Ioannou has failed in his attempt to eject the airline's chairman, chief executive and two other directors from the board.

22 May
Europe open: Stocks dip on geopolitical concerns

Stocks in Europe are under slight selling pressure after the Chinese government apparently upped the ante on the geopolitical front by announcing it would impose national security laws, bypassing the city's legislature and therefore potentially in effect reneging on promises to respect its one state, two-systems policy.

22 May
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Wetherspoon to spend £11m on safety for pubs' reopening

JD Wetherspoon said it would spend an initial £11m on measures to minimise the risk of Covid-19 infection when its pubs are allowed to reopen.

22 May
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London midday: Stocks in the red as Hong Kong worries, dire data weigh

London stocks were still in the red by midday on Friday following news that Beijing is planning to impose a new security law on Hong Kong and after the release of uninspiring UK data.

22 May
Burberry slashes dividend as Covid lockdown hammers sales

Fashion retailer Burberry pulled its final dividend and took a £241m hit to profits related to the coronavirus pandemic.