Latest News
Sitel to buy Sykes Enterprises in $2.2bn deal
Sykes Enterprises has agreed to be bought by Sitel Group in a $2. 2bn deal.
VR Education raises £7.7m for new sales and marketing focus
Virtual reality technology company VR Education announced a successful, oversubscribed placing on Friday, raising £7. 7m.
US pre-open: Futures mixed as Fed's latest policy update remains in focus
Wall Street futures were pointing to a mixed open ahead of the bell on Friday as market participants continued to digest the Federal Reserve's latest policy update.
London midday: Stocks fall on disappointing retail sales, inflation concerns
London stocks were firmly in the red by midday on Friday, weighed down by inflation concerns and disappointing retail sales data.
Europe midday: Shares lower as hawkish Fed dampens sentiment
European shares were lower at midday on Friday as investors continued to fret over the US Federal Reserve's move towards a hawkish tone on asset purchases.
Asia report: Markets mixed as Bank of Japan extends loan support
Stocks in Asia finished the last session of the week in a mixed state on Friday, as Japan’s central bank stood pat on monetary policy and extended its Covid-19 relief measures.
JPMorgan upgrades HSBC to 'neutral', raises target price on Standard Chartered
Analysts at JPMorgan upgraded banking giant HSBC from underweight to 'neutral' on Friday despite it having "notably underperformed" the European Banks sector over the past year.
Liberum upgrades Boohoo to ‘buy’
Liberum upgraded shares of fast fashion retailer Boohoo to ‘buy’ from ‘hold’ on Friday as it argued that the valuation deserves to recover.
DP Poland FY underlying losses almost double in 2020
Pizza store and restaurant operator DP Poland said on Friday that underlying losses had widened 96% in 2020.
Zinnwald subsidiary awarded lithium exploration licence in Saxony
Germany-focussed lithium development company Zinnwald announced on Friday that its 50%-owned subsidiary Deutsche Lithium has been granted a five-year exploration licence covering about 225 hectares in the Erzgebirge, or Ore Mountains, region of Saxony.
Inspecs swings to losses amid coronavirus crisis
Eyewear frames designer, manufacturer and distributor Inspecs Group reported group revenue of $47. 4m (£34. 09m) in its final results on Friday, down from $61. 2m year-on-year.
Smartspace to deploy SwipedOn solution across Gategroup's international estate
Software firm Smartspace said on Friday that has inked a new international customer agreement with Gategroup that will see the company deploy its SwipedOn visitor management solution across the client's international estate.
UK food and drink exports to EU fall by £2bn in Q1 of 2021
HMRC said on Friday that British food and drink exports to the EU fell by £2bn in the first quarter of 2021, revealing structural problems with Brexit.
Challenger Energy makes solid progress at Saffron-2
Caribbean and Atlantic-focussed oil and gas company Challenger Energy updated the market on the progress of the Saffron-2 appraisal well, targeting the Upper, Middle and Lower Cruse reservoirs on Friday, with an expectation of production rates in the range of 200 to 300 barrels of oil per day.
European Metals launches American Depositary Share programme
European Metals Holdings announced the appointment of Deutsche Bank as the depositary bank for the issue of its American Depositary Shares (ADS) on Friday.
Drumz reports growing growth for investee's software platform
Technology-focussed investment company Drumz said demand for its investee company Acuity’s proprietary software platform ‘STREAM’ was continuing to grow.
Trinity Exploration and Production turns in 'another strong set of results'
Trinity Exploration and Production said on Friday that it had produced "another strong set of results" despite difficulties stemming from the the Covid-19 pandemic and oil price disruptions.
Tesco Q1 group sales slow as Covid restrictions ease
UK supermarket group Tesco reported a small rise in first quarter like-for-like sales, reflecting the lifting of Covid restrictions as more people started to eat out again.
Yourgene awarded supply contract with NHS Wales
Molecular diagnostics group Yourgene Health has secured a contract to supply its Elucigene DPYD testing kits to NHS Wales.
Tremor International prices US public offering
Tremor International announced the pricing of its initial public offering of 6,768,953 American depositary shares (ADS) on Friday, representing a total of 13,537,906 ordinary shares at a public offering price of $19. 00 each.