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Latest News
22 Sep
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LSE to wind down derivatives exchange CurveGlobal Markets

The London Stock Exchange has announced plans to shut down its loss-making derivatives exchange, CurveGlobal Markets, just five years after the platform was launched.

22 Sep
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Ifo Institute cuts German growth forecasts

The ifo Institute has slashed its economic growth forecasts for Germany after a hoped-for summer recovery failed to emerge.

22 Sep
lloyd's lloyds of london insurance market
Helios Underwriting acquires Lloyd's vehicle North Breache

Helios Underwriting announced on Wednesday that, in line with its strategy of increasing underwriting capacity through acquisition, it has acquired North Breache Underwriting, a limited liability member of Lloyd's of London.

22 Sep
edgar test 10
Arc Minerals surges on latest drilling in Zambia

Arc Minerals confirmed on Wednesday that the diamond drilling programme on its majority-controlled licences in north-western Zambia had intersected massive sulphide copper mineralisation at Cheyeza East.

22 Sep
oilfield
President Energy progresses in Argentina, faces delays in Louisiana

President Energy announced a drilling and workover update on a number of its assets on Wednesday, reporting that at the Puesto Guardian concession in Argentina’s Salta province, it has signed a drilling services contract for three firm wells to be drilled before the end of the year.

22 Sep
bhp billiton, mining
BofA Merrill Lynch downgrades BHP to ‘neutral’

Bank of America Merrill Lynch downgraded BHP to ‘neutral’ from ‘buy’ on Wednesday and slashed the price target to 1,900p from 2,900p as it said earnings downgrades are coming.

22 Sep
Oil rig, oil & gas, drilling
Advance Energy makes progress with Buffalo-10 well

Energy investment company Advance Energy updated the market on the Buffalo project offshore Timor-Leste on Wednesday, ahead of the drilling of the Buffalo-10 well.

22 Sep
nyse port herval
US pre-open: Futures in the green ahead of FOMC meeting outcome

Wall Street futures were pointing to a positive open ahead of the bell on Wednesday as market participants await this evening's Federal Reserve interest rate decision with bated breath.

22 Sep
bowling bolos
Ten Entertainment scores post-lockdown as sales surge

Ten Entertainment hailed an historic summer on Wednesday, after lockdown restrictions eased and sales surged.

22 Sep
le bitcoin or numerique a sa place dans les portefeuilles 20210625125712
Quantum Blockchain losses widen as it pursues crypto strategy

Quantum Blockchain Technologies reported revenue from continuing operations of €6,000 in its interim results on Wednesday, down from €32,000 year-on-year, as its operating loss widened to €0. 71m from €0. 23m.

22 Sep
bourse londres london stock exchange 20200127192818
London midday: Stocks gain as Evergrande fears ease; Fed in focus

London stocks had extended gains by midday on Wednesday as concerns about China’s Evergrande eased, with all eyes on the latest policy announcement from the US Federal Reserve.

22 Sep
Europe midday: Shares extend gains as investors eye Fed meeting

European stocks held gains at midday on Wednesday as Asian property developer China Evergrande said it would make some interest payments and gambling shares found favour after a £16bn offer for Entain.

22 Sep
deal contract handshake acquisition
Ixico secures new contract valued at more than $750,000

AI data analytics firm Ixico has secured a new contract valued at more than $750,000 over two years for advanced neuroimaging solutions.

22 Sep
evergrandecbroup1
Debt-laden Evergrande strikes deal with bondholders

China’s troubled Evergrande Group has eased immediate fears it is facing imminent default after negotiating a deal with bondholders.

22 Sep
PZ Cussons Imperial Leather
PZ Cussons Q1 revenues fall on lower hygiene sales; FY profits rise

Soap maker PZ Cussons posted higher full-year profits as sales of hygiene products soared, but said first quarter sales had fallen against tough comparators during the height of the Covid pandemic.

22 Sep
water tap agua fawcet
Strix reports 'significant' increase in first-half revenues

Kettle safety and water filtration technology company Strix reported revenue of £54. 7m in its first half on Wednesday, making for a “significant” increase of 57. 6% over 2020, and of 24. 6% over 2019.

22 Sep
yenes
Asia report: Stocks mixed with Japan, China monetary policy held steady

Stocks closed in a mixed state in the Asia-Pacific region on Wednesday, as markets in China returned from an extended long weekend.

22 Sep
burberry 2019 tisci fashion models catwalk
Barclays initiates coverage of 11 luxury stocks after de-rating

Barclays initiated coverage on Wednesday of 11 stocks in the European luxury goods sector.

22 Sep
deal dl contract handshake acquisition
Zinc Media secures largest ever volume series commission

Cross-platform media agency Zinc Media said on Wednesday that it has secured its largest ever volume series commission.

22 Sep
coins currency investment insurance business finance company
Urban Logistics makes several acquisitions following fundraise

Urban Logistics updated the market on its recent acquisitions on Wednesday, reporting that since its July equity raise of £109m, it has deployed, or committed to deploy, £88m of it on 771,748 square feet of logistics units in six “off-market” transactions.