Latest News
Arc Minerals releases solid assay results from Fwiji
Zambia-focussed copper exploration and development company Arc Minerals announced the first set of assay results from the laboratory confirming the presence of near surface copper mineralisation at the Fwiji prospect on Friday.
Berenberg hikes target price on Diploma following Windy City acquisition
Analysts at Berenberg hiked their target price on technical products and services group Diploma from 1,460. 0p to 2,150. 0p on Friday following a "highly complementary acquisition".
US wage growth slows among both public and private sector workers in Q3
Employee compensation growth in the US slowed in the third quarter as wage growth declined in both the private and public sectors.
Eurozone posts record growth in Q3 but another downturn expected
The eurozone economy grew a record 12. 7% in the third quarter, according to flash figures released by Eurostat on Friday, but another downturn is expected as governments across Europe bring back tighter Covid-19 restrictions.
US personal incomes and spending print ahead of forecasts in September
Americans splashed out at a stronger than expected pace last month.
Europe midday: GDP figures stop shares from sliding amid Covid concerns
European stocks were flat at lunchtime on Friday as strong eurozone GDP figures halted a sell-off against a backdrop of Covid-19 second wave concerns and lower US futures.
Altona Energy looks to raise £500,000, warns of administration risks
Mining exploration company Altona Energy issued an update on its crowdfunding efforts on the NR Private Market.
Huawei smartphone shipments fall as US sanctions hit tech giant
In the third quarter of 2020, Huawei shipped 51. 7m smartphones or 23% less than the year before, according to a Canalys report published on Thursday.
IAG hammers down on costs, calls for pre-flight Covid testing
British Airways-owner IAG called on governments to adopt pre-departure Covid-19 testing as it continued to bear down on costs in the face of a second wave of the pandemic.
Europe open: Covid woes, US futures depress sentiment
European stocks opened lower in the last session of the week as Covid-19 concerns and lower US futures continued to depress sentiment.
London midday: Stocks touch lower, on course for worst week since March
London stocks were still a touch weaker by midday on Friday as results from US technology giants failed to impress and as worries about the impact of Covid-19 lockdowns continued to weigh on investors’ minds.
US pre-open: Futures turn red following tech earnings
Wall Street futures had stocks opening lower ahead of the bell on Friday after several big tech stocks reported earnings overnight.
Pfizer, AstraZeneca Covid-19 vaccine reviews accelerated - report
Britain’s drug regulator has reportedly started an accelerated reviews of Covid-19 vaccines under development from Pfizer and AstraZeneca.
Open Orphan secures new two-year contract with German client
Pharmaceutical services company Open Orphan announced a new two-year contract with an unnamed tier 1 Germany-based pharmaceutical company on Friday.
Asia report: Apple suppliers lead regional sell-off
Markets in Asia were weaker across the region on Friday, with suppliers to US technology giant Apple among the leading losers, as investors continued to monitor developments in the ongoing Covid-19 coronavirus pandemic.
Tekmar Group shares slump as interim revenues fall
Offshore energy services provider Tekmar Group warned on Friday that interim revenues were set to fall as a result of disruptions stemming from the Covid-19 pandemic.
FDA clearance opens up US market for Intelligent Ultrasound
Artificial intelligence (AI)-based ultrasound software and simulation company Intelligent Ultrasound announced on Friday that GE Healthcare's ‘Voluson SWIFT’ ultrasound machine that incorporates GE’s ‘SonoLyst’ software with Intelligent Ultrasound's ‘ScanNav Assist’ AI technology had received 510(k) clearance from the Food and drug Administration (FDA) for sale in the United States.
Barclays upgrades Shell to 'equalweight'
Barclays upgraded Royal Dutch Shell to ‘equalweight’ from ‘underweight’ on Friday as it pointed to "an opportunity in change".
TUI signs $90m sale, leaseback deal with BOC Aviation
Travel company TUI Group said it had agreed a sale and leaseback deal with BOC Aviation Limited on wo new Boeing 737 MAX-8 aircraft for $90m (€76m).
Providence extends farm-out process as talks continue with SpotOn
Ireland-based resource company Providence Resources updated the market on the farm-out of the Barryroe licence to SpotOn Energy on Friday, reporting that it was still finalising terms.