Latest News
Gulf Keystone hires Joh Harris as CEO
Gulf Keystone Petroleum has appointed former BG Group executive Jon Harris as the oil company's new boss.
IDE Group shares surge after securing 'significant' contract win
Cloud and IT managed services provider IDE Group has signed a "significant" new contract with an existing customer within its partnership channel.
Conygar makes planning submission for Nottingham development
Conygar announced the submission of detailed planning for the first major phase of its mixed-use scheme in the centre of Nottingham on Monday.
Westminster Group repays £2.6m in debt
Managed services and security technology company Westminster Group announced on Monday that, following completion of its placing it has redeemed all remaining convertible secured loan notes and the convertible unsecured loan stock, and fully repaid the mezzanine loan facility from RiverFort and YA II.
Ncondezi Energy agrees historical costs with CMEC
Ncondezi Energy updated the market on historical development cost reimbursement negotiations with China Machinery Engineering Corporation (CMEC) for its integrated Ncondezi 300MW coal-fired power project and coal mine in Tete, Mozambique on Monday.
London open: Stocks rally on vaccine optimism, deal news
London stocks rallied in early trade on Monday, kicking off the new year in style amid optimism over the latest Covid vaccine rollout, while deal news also provided a boost.
Metal Tiger buys chunk of ASX-listed Southern Gold
Natural resources investor Metal Tiger has purchased 1,225,000 shares in the ASX-listed Southern Gold at an average price before costs of 11. 93 Australian cents per share, for a total consideration of AUD 0. 15m (£0. 09m).
Ladbrokes owner Entain rejects £8.1bn proposal from MGM
Entain has rejected a proposed offer from its US partner MGM Resorts International valuing the owner of Ladbrokes at about £8. 1bn.
Hipgnosis buys Jimmy Iovine catalogue
Hipgnosis Songs Fund said it had bought the music and film soundtrack catalogue of record producer Jimmy Iovine for an undisclosed sum.
Foresight Solar buys portfolio of three Andalusian assets
Solar photovoltaic asset investor Foresight Solar announced the acquisition of a portfolio of three greenfield solar assets in Spain on Monday.
QinetiQ secures £127m Typhoon contract with UK MoD
QinetiQ Group disclosed a £127m contract from the UK Ministry of Defence (MoD) to provide engineering services for the Typhoon combat aircraft on Monday.
China's factories expand at slowest pace for three months
China's manufacturing industry expanded at its slowest pace in three months in December as rising costs put pressure on hiring of workers.
Sirius Real Estate buys Mannheim property
Sirius Real Estate announced on Monday the €3. 2m acquisition of a property at its existing Mannheim II business park and the completion of two previously-announced acquisitions in Hamburg and Nuremberg.
London pre-open: Stocks to rise ahead of manufacturing PMI
London stocks were set to kick the new year off on a positive note on Monday despite concerns about a potential new national lockdown, as investors eyed the latest reading on the UK manufacturing sector.
Ferguson selling Wolseley brand for £308m, Entain rejects MGM Resorts offer
London open The FTSE 100 is expected to open 57 points higher, on Monday, having closed down 1. 45% on New Year’s Eve, at 6,460. 52.
Ferguson investors set for windfall after £308m Wolseley sale
Ferguson shareholders are set to share in a cash windfall after the company said it was selling its UK-based Wolseley heating and plumbing distribution business to a private investment firm for £308m.
Monday newspaper round-up: Restaurant job losses, UK border, LV
UK restaurants and casual dining firms recorded almost 30,000 job losses in 2020 as the Covid-19 pandemic drove a 163% jump in redundancies. Data compiled by the Centre for Retail Research (CRR) revealed that 29,684 jobs were lost across fine dining, independent businesses and large multiple casual-dining chains during the year. - Guardian.