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Serabi Gold pleased with latest drilling at Palito
Brazil-focussed gold mining and development company Serabi Gold updated the market on exploration drilling at the Palito Mine on Tuesday, where the combination of surface and underground drilling had confirmed depth and plunge continuity of the high grades in the Mogno and Ipe lodes.
Asia report: Most markets fall on back of tech sell-off
Most markets in Asia closed in the red on Tuesday, taking their cues from a massive sell-off of technology plays on Wall Street overnight.
UK's Heathrow April passenger numbers slump 92% since 2019
Britain's Heathrow lost almost 6. 3 million passengers in April compared with the same month in 2019, figures released on Tuesday by the airport revealed.
JPMorgan starts coverage of Deliveroo at 'neutral'
JPMorgan Cazenove initiated coverage of Deliveroo on Tuesday with a ‘neutral’ rating and 285p price target, saying that while the stock’s valuation is attractive versus peers, the risk/reward is balanced at this level and it prefers overweight-rated Delivery Hero.
Shares in THG surge as it strikes $2.3bn deal with Softbank
Shares in THG surged on Tuesday after the owner of The Hut Group struck a multi-billion deal with Japan’s Softbank, and announced a $1bn fundraising.
German investor sentiment hits best level since 2000 - ZEW
German investor sentiment improved significantly in May as the third wave of coronavirus eased, hitting its best level in more than 20 years, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.
Physiomics secures contract with Numab Therapeutics
Consultancy firm Physiomics said on Tuesday that it has been awarded a first contract with new client Numab Therapeutics.
Joules upgrades full-year expectations
Retailer Joules upgraded its full-year expectations on Tuesday, citing strong online sales and a positive performance since the reopening of its stores last month.
Invinity subsidiary enters battery development deal with Siemens Gamesa
Infinity Energy announced on Tuesday that its wholly-owned subsidiary Invinity Energy Nexus has entered into a joint development and commercialisation agreement with Gamesa Electric, a subsidiary of Siemens Gamesa Renewable Energy.
UK govt offloads NatWest shares at a loss to taxpayer
The British government has reduced its stake in NatWest Bank at a hefty loss to the taxpayer.
InfraStrata wins repair contract with unnamed global ferry company
Strategic infrastructure group InfraStrata has won a contract award from "a globally recognised ferry company" for the repairs of two of its ferries at Harland & Wolff in Belfast.
Renishaw struggling to attract suitors due to valuation - report
Renishaw shares tumbled on Tuesday following a report it is struggling to attract investor interest due to a high valuation and list of ownership demands.
ULS Technology swing to FY loss despite trading ahead of expectations in H2
IT services group ULS Technology said on Tuesday that it had traded ahead of management expectations in the twelve months ended 31 March.
Europe open: Shares tumble after tech sell-off on Wall Street
European shares fell from record highs as a sharp sell-off in tech stocks on Wall Street and weaker Asian markets spooked investors amid fears of rising inflation.
FirstGroup reaches termination fee deal over TransPennine franchise
FirstGroup has reached agreement with the Department for Transport (DfT) on the termination fee payable for the TransPennine Express (TPE) train operating company, it announced on Tuesday.
London open: Stocks slide on US inflation fears
London stocks slid in early trade on Tuesday, taking their cue from a US tech selloff overnight as US inflation fears rattled markets.
3i Infrastructure raises FY dividend target as assets hold up amid pandemic
Jersey-based 3i Infrastructure lifted its dividend target on Tuesday after saying its assets had "held up well" amid the Covid-19 pandemic.
Helios Towers to acquire 2,890 Omani sites
Telecommunications infrastructure company Helios Towers said on Tuesday that it had entered into an agreement to acquire 2,890 sites from Oman-based mobile network operator Omantel for $575. 0m.
FCA set to oppose Amigo Holdings rescue plan
Amigo Holdings said on Tuesday that most of its creditors have voted in favour of a rescue scheme that will see them get less compensation for misselling than they are owed, but the Financial Conduct Authority looks set to oppose it on the basis that it’s not fair.
Civitas Social Housing raises dividend on 'strong' FY performance
Real estate investment trust Civitas Social Housing said on Tuesday that it had delivered a "strong financial and operational performance" in the year ended 31 March, in line with expectations.