Latest News
Gunsynd invests in Media Tech special purpose vehicle
Gunsynd has invested £50,000 in public unlisted special-purpose acquisition company (SPAC) Media Tech (MTS), it announced on Wednesday.
Nexus Infrastructure performs as expected in first half
Utilities and smart energy infrastructure provider Nexus Infrastructure said it performed in line with its expectations in its first half on Wednesday, with all three divisions active on-site and winning new business.
Lexington Gold completes phase 1 drilling at JKL project
Carolinas-focussed exploration and development company Lexington Gold announced the completion of its phase 1 drill programme at the Jones-Keystone-Loflin (JKL) project on Wednesday.
Anglo Asian Mining gets first extension ratified for Gedabek
Azerbaijan-focussed gold, copper and silver producer Anglo Asian Mining has obtained ratification for the first of the two permitted five-year extensions of the production sharing agreement for its Gedabek Contract Area, it announced on Wednesday.
Asia report: Markets fall as Covid concerns linger
Stock markets in Asia finished mostly lower on Wednesday, as investors digested the latest retail sales data out of Australia and kept an eye on the Covid-19 situation in the region.
Catena to buy Insight Capital in reverse takeover
Catena Group has agreed to buy Insight Capital in a reverse takeover of the artificial intelligence and machine learning company.
Asia, Africa help offset poor Europe sales for Heineken
Heineken reported better-than-expected first quarter sales amid the Covid pandemic, with increases in Africa and Asia offsetting plunging European revenues.
Attraqt sees momentum from 'strong finish' to 2020 carrying over into new year
Ecommerce solutions firm Attraqt Group said on Wednesday that following its "strong finish" to 2020, it had seen momentum continue into the new financial year.
Biome Technologies Q1 revenues in line with management expectations
Bioplastics and radiofrequency technology business Biome Technologies said on Wednesday that its revenue performance for the three months ended 31 March had been in line with management expectations at £1. 4m.
System1 revenues recover in H2
Advertising agency System1 said on Wednesday that annual revenues had somewhat recovered from what had originally been quite a weak start to the year.
Carr's reports positive trading as results improve
Carr's Group said current trading was positive as the agricultural supplies and engineering company reported improved performance in the first half of the year.
Victoria snaps up multiple Italian tile businesses
Flooring manufacturer Victoria said on Wednesday that it had purchased the assets and business of ceramic tile distributors, Ceramica Colli and Vallelunga, and the shares of ceramic tile manufacturer, Ceramiche Santa Maria.
HSBC not diverted by China-West spats, CEO says
HSBC will not be diverted by short-term flare-ups between China and the West and will stick to its strategy of bridging Asia and developed markets, the bank's chief executive said.
Antofagasta Q1 production falls as Chile Covid cases surge
Chilean miner Antofagasta said first quarter copper production fell 5. 7% to 183,000 tonnes year on year, reflecting a surge in Covid-19 infections in the country last month.
Liontrust Asset Management records £1.0bn in quarterly net inflows
Fund management group Liontrust Asset Management said on Wednesday that it had recorded net inflows of £1. 0bn last quarter and £3. 5bn for the 12 months ended 31 March.
Amazon to launch palm-scanning payment system in Whole Foods
Amazon will launch a palm-scanning payment system at its Whole Foods store in Seattle, the company said on Wednesday.
London open: Investors shake off overnight losses in Asia-Pacific
Stocks are bouncing back although rising numbers of Covid-19 infections outside of Europe, particularly in Japan and India, continue to dominate the headlines and weigh on stock markets in Asia Pacific.
Quilter performance improves in first quarter
Quilter said it was expecting improved investor flows at its Quilter Investors business after group sales and inflows improved in the first quarter of 2021.
Federal Reserve not aiming for 'prolonged' inflation above target, Powell says
Inflation was set to be a "little higher" in 2021 but the US central bank was not aiming for a large and sustained rise beyond its target, its chairman Jerome Powell said.
Airtel Africa signs new $500m loan facility
Telecommunications and mobile money provider Airtel Africa announced the signing of a new $500m (£359. 35m) loan facility with a group of relationship banks.