Latest News
Hipgnosis says it can issue shares for specific investment
Hipgnosis Songs Fund has reminded investors it is authorised to issue shares to finance a specific investment as it vies with other companies to snap up song catalogues of famous artists.
Friday preview: China PMI, Barclays in the spotlight
Financial markets' focus at the end of April will shift towards a raft of economic data from across all the major geographies.
Taylor Maritime unveils IPO plans, targets 7 per cent yield
Taylor Maritime announced its plans to float on the London Stock Exchange and raise $250m.
Global EV sales set for further growth after 41% rise in car registrations in 2020
The number of electric vehicles on the road around the world is expected to rise to 145m by 2030 after a strong growth of 41% in car registrations in 2020.
Europe close: Indices dragged lower by carmakers' shares
European shares ended the session mostly lower, tracking an intra-day dip on Wall Street as longer-term Treasury yields moved higher.
London close: Stocks weaker as US GDP falls slightly short
London shares had reversed their earlier gains by the close on Thursday, as investors digested the latest GDP data out of the US, following a raft of corporate updates earlier.
Broker tips: Grafton, TT Electronics
Analysts at Canaccord Genuity downgraded business services firm Grafton from 'buy' to 'hold' on Thursday, stating there was now a "less compelling" risk/reward scenario as a result of the group's share price approaching record highs.
Vodafone, Qualcomm join forces in Open RAN development program
Vodafone and Qualcomm Technologies announced plans to join forces to develop the technical blueprint for more equipment suppliers to help build the 5G networks of the future using Open Radio Access Network (Open RAN) technology.
US Q1 GDP roars ahead, 'double digit' growth seen in Q2
America's economy roared ahead at the start of 2021, bolstered by the pandemic relief bills approved in December and March.
Worldwide smartphone market surges 27% in Q1.
Worldwide smartphone shipments reached 347m units in Q1 2021, up 27% year on year.
Condor Gold completes infill drilling on La India starter pits
Condor Gold announced on Thursday that infill drilling on the La India starter pits had been completed, with all assay results received for the Northern starter pit.
US open: Major indices mixed as investors take profits following solid tech earnings
Wall Street stocks were mostly in the green early on Thursday, with market participants snapping up some profits after some better-than-expected big tech earnings overnight.
US jobless claims slip to fresh post-pandemic low
First time unemployment claims slipped to another post-pandemic low during the previous week despite some atypical factors that were at work.
Europa Metals complete primary drill holes at Toral project
Europa Metals said the primary drill holes at the Toral zinc, phosphorous and silver project in Spain had now been completed, with assays from two of the three holes sent to laboratories.
Moderna announces increase in Covid-19 vaccine supply to 3.0bn doses for 2022
Pharmaceutical company Moderna announced on Thursday additional investments to increase its annual production capacity of Covid-19 vaccines to 3. 0bn doses in 2022.
Rig and equipment on the way to Helium One's Rukwa project
Helium One reported progress at its wholly-owned Rukwa Project in Tanzania on Thursday, with a drilling rig and equipment mobilised to a forward holding yard.
Thursday broker round-up
Grafton Group: Canaccord downgrades to hold with a target price of 1,235. 0p.
Appreciate ends year in line with market expectations
Multi-retailer product redemption provider Appreciate Group ended its financial year in line with market expectations, it announced on Thursday, after a “resilient” second half performance.
Canaccord Genuity downgrades Grafton to 'hold'
Analysts at Canaccord Genuity downgraded business services firm Grafton from 'buy' to 'hold' on Thursday, stating there was now a "less compelling" risk/reward scenario as a result of the group's share price approaching record highs.
Alphawave confirms London IPO plans
Alphawave IP said it intended to list its shares on the London Stock Exchange in an initial public offering expected to value the company at up to £4. 5bn.