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Woodbois Q1 revenues surge
Forestry and timber trading firm Woodbois said on Wednesday that revenues had shot up in the first quarter of the current trading year despite trading in a "challenging global economic environment" as a result of the Covid-19 pandemic.
NFT Investments doubles IPO to £20m
NFT Investments has doubled the size of its initial public offering to £20m because of strong demand from investors wanting to buy into the crypto-craze.
Asia report: Markets mixed as IMF hikes global growth forecast
Stock markets in Asia finished mixed on Wednesday, with bourses in mainland China and Hong Kong on the back foot, even after the International Monetary Fund revised its forecast for global growth in 2021 upwards.
HSS Hire to sell Irish plant hire business for €11.2m
Tool and equipment hire company HSS Hire has agreed to sell its Irish large plant hire business, Laois, to Briggs for €11. 2m in cash.
Argos Resources raises $0.55m in bid to extend Falklands licence
Argos Resources has conditionally raised $0. 55m (£0. 4m), it announced on Wednesday, as part of its bid to extend licence PL001 in the Falkland Islands.
Manufacturing surge fuels eurozone revival - PMI
Business activity in the eurozone returned to growth in March as manufacturing output surged and services improved, a survey showed.
AdEPT reports 'resilient performance' in final quarter
Managed IT services provider AdEPT reported a “resilient performance” in its fourth quarter on Wednesday, despite the ongoing challenges of the pandemic.
VR Education reports solid progress with proprietary platform
Virtual reality (VR) technology company VR Education updated the market on its proprietary software platform ‘ENGAGE’ on Wednesday, reporting that it had gained “strong traction” with customers and partners in the first quarter of 2021.
Tasty swings to a FY loss amid Covid-19 lockdowns
Casual dining restaurant group Tasty said on Wednesday that it was looking forward to a "promising period" following the Covid-19 lockdowns that swung the group into the red in 2020.
Synectics wins multi-million pound contract with City of London
Security and surveillance technology company Synectics has been awarded a multi-million-pound project by the City of London Corporation and the City of London Police as part of their ‘Secure City Programme’, it announced on Wednesday.
UK services sector returns to growth in March
The UK services sector returned to growth in March as new orders rose ahead of lockdown easing, according to a survey released on Wednesday.
SigmaRoc to expand in Belgium with new acquisitions
Construction materials company SigmaRoc announced the acquisitions of B-Mix Beton and Casters Beton in Belgium for €13m (£11. 18m) on Wednesday.
Toshiba mulls $20bn bid proposal from CVC
CVC Capital Partners is reported to have offered more than $20bn (£14. 5bn) to buy Toshiba, setting up a potential bidding war between private equity groups for the Japanese conglomerate.
Iomart FY results seen at lower end of expectations
Cloud computing company Iomart expects to deliver a "continued stable financial performance" in the second half of the year ended 31 March despite the UK's third Covid-19 lockdown weighing on its full-year performance.
Ryanair narrows full-year loss expectations
Budget airline Ryanair narrowed its full-year loss expectations on Wednesday but said traffic for FY22 was set to be towards the lower end of its guidance as it continues to take a hit from Covid restrictions.
Marston's secures covenant waivers as 700 pubs set to reopen
Marston’s said on Wednesday that it has secured waivers and amendments to its financial covenants and that it expects to reopen around 700 of its pubs in England with outdoor spaces next Monday.
Australia growth underpins solid year for Hilton Food Group
Hilton Food Group said turnover had improved 50% in its preliminary results on Wednesday, to £2. 77bn at constant currency, thanks to strong growth in Australia.
Europe open: Stoxx maintains record level on recovery hopes, US spending
European stocks edged into record territory at the open on Wednesday as investors continued to trade on hopes of a swift economic recovery and a massive US spending programme and growth upgrades from the IMF overnight.
Deliveroo gains as retail investors start trading
Deliveroo shares rose on the first day that retail investors were allowed to trade shares bought in the company's contentious initial public offering.
London open: Stocks rise on recovery hopes; services data eyed
London stocks rose in early trade on Wednesday amid recovery hopes, as investors eyed the latest reading on the UK services sector.