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Latest News
15 Jan
pharmaceuticals, drugs, lab
Shield Therapeutics FY trading in line with market expectations

Commercial stage pharmaceutical company Shield Therapeutics said on Friday that full-year trading was in line with market expectations.

15 Jan
ds smith
DS Smith falls as Merpas sells shares in placing

DS Smith fell on Friday after Merpas sold shares in the packaging company in an accelerated bookbuild.

15 Jan
edgar test 10
Urban Logistics acquires Wirral site off-market

Urban Logistics has acquired a logistics site in Bromborough, Wirral off-market for £16. 3m at a 5. 0% net initial yield, it announced on Friday, as part of the deployment of capital from its recent fundraising.

15 Jan
coins currency investment insurance business finance company
Star Phoenix formally notifies Georgia government of dispute

Oil, gas and oilfield services company Star Phoenix updated the market on its legal dispute with the government Georgia on Friday, over a production sharing contract dated 29 March 2007 for block VIA.

15 Jan
Coal mine, mining
Oracle Power partner CNCDC begins preliminary work at Thar

Natural resources and power project developer Oracle Power said on Friday that its consortium partner, China National Coal Development Company (CNCDC), has started preliminary feasibility work relating to the potential gasification of coal at the company's Thar Block VI project in Pakistan.

15 Jan
ep dpa
Europe open: Investors ignore Biden package to focus on Covid curbs

European stocks started lower on Friday as investors pushed aside new US stimulus proposals from President-elect Joe Biden to focus on Covid lockdowns in Germany and France.

15 Jan
cboro gold1 short1
Serabi Gold pleased with fourth quarter progress in Tapajos

Brazil-focussed gold mining and development company Serabi Gold updated the market on fourth quarter activities in the Tapajos region of Brazil’s Para State on Friday, reporting gold production of 7,254 ounces.

15 Jan
n brown clothing
N Brown suffers stock shortages as revenue declines

N Brown said it was suffering stock delays due to a shortage of shipping containers as the home shopping fashion group reported a revenue drop in the third quarter.

15 Jan
1561131086 cybersecurity
Osirium Technologies expects 2020 bookings to be slightly ahead of expectations

Cybersecurity software group Osirium Technologies expects 2020 bookings to be at least £1. 55m, slightly ahead of current consensus market expectations.

15 Jan
londres-city-brexit-london 20191001111114
London open: Stocks fall as investors mull UK GDP, Biden relief package

London stocks fell in early trade on Friday as investors digested the latest UK GDP data and news of US President-elect Joe Biden’s Covid relief package.

15 Jan
oil gas offshore petrofac
Petrofac says no current employees face charges under SFO probe

Petrofac on Friday said no charges have been brought against any group company or current employees after a former senior executive at the oil services firm pleaded guilty to three offences related to $3. 3bn of work secured in the United Arab Emirates.

15 Jan
indivior, suboxone, heroin
Indivior says annual revenue, profit to beat expectations

Opioid addiction treatment maker Indivior upped its full-year revenue guidance on Friday and said adjusted pre-tax income is set to beat its previous expectations, thanks in part to better-than-expected revenues from its Sublocade treatment.

15 Jan
assetallocationcb
Ashmore AUM grows in Q4

Asset manager Ashmore Group said on Friday that assets under management increased 9% in the final three months of 2020.

15 Jan
Babcock profits fall 34% as Covid hits civil aerospace

Defence company Babcock said profits fell by more than a third in the nine months to date as the coronavirus pandemic hit its civil aviation business.

15 Jan
wind, windfarm, renewable energy, offshore, turbine
TRIG acquires interest in Beatrice wind farm, offshore Scotland

The Renewables Infrastructure Group (TRIG) has exchanged contracts to acquire an equity interest of 17. 5% in the Beatrice offshore wind farm, it announced on Friday, from Copenhagen Infrastructure Partners (CIP).

15 Jan
astrazeneca portada
AstraZeneca gets another approval for 'Imfinzi' in Europe

AstraZeneca said on Friday that ‘Imfinzi’, or durvalumab, has been approved in the European Union and the UK for an additional dosing option - a 1,500mg fixed dose every four weeks - in locally advanced, unresectable non-small cell lung cancer (NSCLC).

15 Jan
tower of london
UK economy shrinks 2.6% in November

The UK economy shrank 2. 6% in November but beat expectations as the government imposed a second Covid-19 lockdown on England, official figures showed.

15 Jan
Hammerson CFO James Lenton to step down

Shopping centre owner Hammerson said on Friday that James Lenton plans to step down as chief financial officer.

15 Jan
Segro Slough Bath Road
Segro collects 98pc of rents for 2020

Segro said on Friday that for the year ended 31 December, it had collected 98% of all rents to date.

15 Jan
glo bat british american tobacco
SFO drops investigation into British American Tobacco

British American Tobacco said on Friday that the UK’s Serious Fraud Office had ended an investigation into one of its subsidiaries.