Latest News
Vast Resources to complete first Baita Plai concentrate sale
Vast Resources said on Monday that the first commercial sale of concentrate produced at its Baita Plai Polymetallic Mine in Romania is expected to conclude on 25 November.
Danone to cut 2,000 jobs as part of company-wide overhaul
Danone is to cut up to 2,000 jobs, or 2% of its global workforce, as part of a wide-reaching overhaul of the business intended to save more than €1bn by 2023.
National lockdown hits service sector output
Private sector output contracted sharply in November as the second national lockdown shuttered the leisure and hospitality sectors, research showed on Monday.
N Brown shareholders approve fundraising and move to AIM
N Brown shareholders voted for the company's £100m capital raising and its move from the London main market to AIM.
Asia report: Markets rise, airline stocks weaken in Hong Kong
Markets in Asia closed in the green on Monday, although some airline stocks fell as a planned travel bubble between Hong Kong and Singapore was deferred.
Xpediator sees FY profits beating prior year as trading returns to historic levels
Freight management services provider Xpediator said on Monday that trading since the midway point of the year had continued to recover to historic levels, with the group now expecting to report improved full-year profits.
Elementis shuts Charleston plant in North American overhaul
Elementis has closed its production plant in Charleston, West Virginia, as part of a plan to improve efficiency at its North American manufacturing operations.
Chamberlin loses major customer due to early transition
Castings and engineering group Chamberlin said on Monday that it had lost a major customer as a result of volatile demand due to Brexit, Covid-19 and customer safety stock building.
EU extends decision date on LSE/Refinitiv deal
The European Commission said it had extended its deadline for a ruling on the London Stock Exchange’s $27bn takeover of financial data business Refinitiv by four days to January 21.
Gulf Marine suspends CEO Summers over severance deal
Gulf Marine Services has suspended Chief Executive Tim Summers over a severance agreement he agreed before a boardroom coup.
Retail footfall down more than 50% on prior year, up week-on-week
Footfall across UK retail destinations was fell 55. 4% year-on-year in the week ended 21 November, with regional city centres continuing to be hardest hit.
Schroder BSC Social Impact Trust to pursue IPO
Schroder BSC Social Impact Trust will pursue an initial public sale of stock with the aim of becoming the first listed investment company delivering a measurable positive "high" social impact.
Concepta acquires outstanding shares in The Genome Store
Healthcare company Concepta has acquired 100% of the outstanding share capital of The Genome Store in a deal worth as much as £520,000.
Eurozone business activity slumps amid Covid-19 second wave
Eurozone business activity fell sharply in November, putting the bloc on track for a double-dip recession as governments imposed restrictions to stem a second wave of Covid-19 infections.
SThree lifts FY profit expectations after improvement in US, German businesses
Recruiter SThree lifted its full-year profit expectations on Monday as it hailed an improvement in its US and German businesses.
AstraZeneca Covid-19 vaccine proves effective
AstraZeneca said its Covid-19 vaccine was highly effective in preventing the virus and that it would move quickly to get approval for use.
AA close to agreeing £218m takeover by private equity
AA said it was close to recommending a proposed cash offer of 35p a share from private equity groups TowerBrook Capital and Warburg Pincus working together.
HICL Infrastructure agrees new £275m credit facility
HICL Infrastructure has agreed a new letter of credit facility, it announced on Monday, to support its existing and future commitments to projects in construction.
LXI REIT delivers 'resilient' set of H1 results
Real estate investment trust LXI said on Monday that the defensive characteristics of its "highly diversified portfolio" had allowed the group to deliver "a resilient set of financial results" for the first half of its trading year.
DMGT ups dividend as Covid-19 hits annual profit
Daily Mail and General Trust edged up its dividend and said it was confident about the future as the publisher reported a 50% drop in annual profit.