Latest News
Kazera Global makes 'significant progress' with diamond asset
Investment company Kazera Global reported “considerable progress” at its diamond asset on Tuesday, with more than 220 carats being sorted in the last month, with a mining grade of 10 carats per 100 tons, in line with its internal forecasts.
Berenberg raises target price on Future
Analysts at Berenbeg hiked their target price on British media company Future from 2,280. 0p to 2,600. 0p on Tuesday after the firm stated it expects 2021 full-year adjusted underlying earnings to be materially ahead of expectations.
Premier Oil gets regulatory approvals for merger with Chrysaor
Premier Oil said on Tuesday that all the regulatory conditions relating to its merger with Chrysaor have now been satisfied.
Property transactions hold up in January - HMRC
The number of UK homes bought and sold jumped in January, government data showed on Tuesday, although there were also signs the market may be starting to cool.
UK retail sales slide, further job losses predicted
Retail volumes fell in February, a closely-watched industry survey showed on Tuesday, although online sales surged to fresh highs.
Vela Technologies raises £1.5m to fund investment opportunities
Vela Technologies announced on Tuesday that it has conditionally raised £1. 5m, to take advantage of a number of investment opportunities.
Strategic Minerals begins trenching programme west of Redmoor
Strategic Minerals announced on Tuesday that its wholly-owned subsidiary Cornwall Resources (CRL) is starting a trenching and auger exploration programme to investigate the possible presence of extensions of mineralisation up to 1,000 metres to the west of the already-established Redmoor resource.
US pre-open: Futures mostly lower ahead of Powell testimony
Wall Street futures were mostly lower ahead of the bell on Tuesday as steep losses in tech shares dragged down both the S&P 500 and the Nasdaq Composite ahead of some hotly awaited comments from Fed chairman Jerome Powell.
Wells Fargo to sell asset management business for $2.1bn
Wells Fargo said on Tuesday that it has agreed to sell its asset management business to private equity firms GTCR and Reverence Capital Partners for $2. 1bn.
Europe midday: DAX decline pulls broader market into the red
European shares had given up early gains by midday on Tuesday, as disappointing earnings in Germany pulled the continent’s benchmark index lower.
London midday: Stocks turn lower despite travel & leisure rally
London equity markets had moved into the red by midday on Tuesday despite a rally in travel and leisure stocks, as worries about inflation continued to play on investors’ minds.
Greatland Gold outlines 2021 work at Juri joint venture
Precious and base metals exploration and development company Greatland Gold announced the initial 2021 work programme for the Juri joint venture on Tuesday, including the drilling of several targets within the Paterson Range East and Black Hills licences.
AB Dynamics chair takes leave for ill health
Testing systems and measurement products company AB Dynamics announced on Tuesday that its non-executive chairman Tony Best would be taking a leave of absence due to ill health.
Facebook to reverse Australia ban after deal with govt
Tech giant Facebook said it would restore news content to its users in Australia after reaching agreement with the government over a proposed law that will see publishers paid for stories on social media networks.
First Derivatives selling down stake in Quantile Technologies
First Derivatives has agreed to sell part of its investment in Quantile Technologies to growth equity company Spectrum Equity, it announced on Tuesday.
Victoria raising EUR 350m to fund acquisitions
Flooring company Victoria announced on Tuesday that, following continued strong operating performance and favourable market conditions, it would offer €350m (£301. 91m) in senior secured notes due 2026.
HSBC turns to Asia, resumes dividend as profits slump 34%
HSBC reported a 34% slump in annual profits dur to the Covid-19 pandemic, but resumed dividend payments and said it would refocus operations on China.
EasyJet sees surge in airline, holiday bookings after UK Covid plan
The UK government’s announcement of a roadmap out of coronavirus restrictions has sparked a surge in demand for airlines and travel firms with easyJet reporting a more than 300% spike in bookings.
Asia report: Markets mixed, tech plays follow US peers lower
Markets in Japan finished in a mixed state on Tuesday, with technology stocks being closely watched after a fall in the sector on Wall Street overnight.