Latest News
Wednesday preview: US Presidential inauguration, Dixons Carphone in focus
Financial markets' focus in the middle of the week will shift to the newly-elected US President, Joe Biden's, inauguration.
JD Wetherspoons to tap investors for cash to preserve liquidity and finance acquisitions
Pubs owner JD Wetherspoons will tap investors for cash again, for between £92. 1-93. 7m in gross proceeds, ahead of the expected lifting of lockdown measures and to capitalise on the opportunities that the recession was expected to yield.
Europe close: Shares dip, single currency finds a bid
European shares finished lower on Tuesday, despite upbeat earnings reports and positive remarks on US stimulus measures by US Treasury Secretary nominee Janet Yellen.
FedEx Express announces 6,300 layoffs in Europe
FedEx Corp’s express unit announced a plan on Tuesday to lay off between 5,500 and 6,300 employees in its European branch.
Entain tanks as MGM Resorts walks away
Entain shares tumbled on Tuesday after MGM Resorts International said it won’t go ahead with an offer for the Ladbrokes owner, after its initial approach was rejected.
London close: Stocks close weaker as Yellen speaks
London stocks closed in negative territory on Tuesday, as investors awaited a testimony on stimulus by incoming US Treasury Secretary Janet Yellen.
Broker tips: AJ Bell, Spirent, Indivior
Berenberg upgraded its stance on shares of investment platform AJ Bell on Tuesday to 'hold' from 'sell' and hiked their price target on the stock to 400. 0p from 230. 0p.
Director dealings: Judges Scientific CEO lowers stake
Judges Scientific revealed on Tuesday that chief executive David Cicurel had disposed of 50,000 ordinary shares in the AIM-listed group.
ByteDance launches mobile payment service Duoyin Pay
Beijing-based ByteDance launched its third-party payment service Douyin Pay on Tuesday as part of its foray into the e-commerce space in China.
Jefferies bullish on Indivior, says markets 'too conservative' on outlook for Sublocade
Jefferies included drugs manufacturer Indivior on their latest quarterly list of 15 key buy ideas in the UK small and mid-cap space.
Anglo Asian announces new copper-gold discovery at Gedabek
Azerbaijan-focussed gold, copper and silver producer Anglo Asian Mining announced a new copper-gold discovery on Tuesday, dubbed ‘Zafer’, within the central region of its Gedabek contract area in the west of the country.
HSBC to close 82 branches in 2021
HSBC bank was set to close 82 branches in the UK between April and September of 2021 as customers increasingly rely more and more on digital banking.
FTSE 100 movers: Entain tumbles as MGM Resorts walks away; HSBC gains
London’s FTSE 100 was flat at 6,718. 09 in afternoon trade on Tuesday.
Ariana gets approval for expanded joint venture in Turkey
Exploration and development company Ariana Resources has received formal approval from the Competition Authority in Turkey for the completion of its joint venture agreements with Özaltin and Proccea Construction, it announced on Tuesday.
US Covid-19 infections drop sharply
The number of new novel coronavirus infections in the US dropped sharply at the start of the week.
Evgen Pharma makes progress with 'STAR' trial recruitment
Clinical-stage drug development company Evgen Pharma said on Tuesday that as of 18 January, a total of 56 patients had been recruited and randomised to the ‘STAR’ trial.
FTSE 250 movers: Indivior surges on Jefferies note; Wood Group hit by downgrade
London’s FTSE 250 was down 0. 1% at 20,625. 99 in afternoon trade on Tuesday.
Tlou Energy reports solid progress on Lesedi Project
Botswana-focussed gas and solar power developer Tlou Energy updated the market on the proposed Lesedi Power Project on Tuesday, reporting that a pilot power purchase agreement has been fully executed with Botswana Power Corporation (BPC) for the first 2MW of power.
US open: Stocks open higher on Trump administration's final day
Wall Street stocks opened higher on Tuesday ahead of President-elect Joe Biden's inauguration tomorrow.