Latest News
Zephyr enters $36m deal to acquire North Dakota wells
Rocky Mountains-focussed oil and gas company Zephyr Energy has entered into a binding agreement to acquire further non-operated working interests in currently producing and near-term production wells in the Williston Basin, in the US state of North Dakota.
Great Western Mining signs up James Blight as exploration manager
Nevada-focussed gold, silver and copper explorer and developer Great Western Mining announced the appointment of James Blight as its exploration manager on Monday.
Hochschild Mining shares plunge as Peru vows to shutter Ayacucho mines
Mining company Hochschild Mining said on Monday that it will fight what it has branded "illegal" efforts by the Peruvian government to shutter two of its mines on environmental grounds amid an ongoing clash between the industry and the country's left-leaning government.
Bezant awaiting renewal decision on Philippines licence
Copper-gold exploration and development company Bezant said on Monday that the Mines and Geosciences Bureau of the Philippine Department of the Environment and Natural Resources was still reviewing Crescent Mining’s renewal application.
E-therapeutics finance chief stepping down due to family
Drug discovery company E-therapeutics announced on Monday that Karl Keegan was stepping down from his non-board role as chief financial officer, to focus on “extremely difficult” family circumstances in Ireland.
Retail footfall increases 4.1% as Christmas trading begins
Footfall across UK retail destinations increased week-on-week in the seven days ended 20 November as the Christmas trading period began in earnest.
Berenberg raises target price on ITV
Analysts at Berenberg raised their target price on broadcaster ITV from 109. 0p to 128. 0p on Monday after advertising revenues surprised positively in the third quarter of the firm's trading year.
German economic recovery facing 'brief pause' - Bundesbank
Germany’s economic recovery is likely to falter in the coming months, the country’s central bank said on Monday, hit by shortages of goods and labour as well as rising Covid-19 cases.
Victoria in talks over possible acquisition of part of Belgium’s Balta
AIM-listed flooring manufacturer Victoria said on Monday that it is in talks about the possible acquisition of part of Belgian floor coverings producer Balta Group.
LV hits back at criticism of Bain deal
UK mutual insurer LV=, under fire for plans to sell the company to private equity firm Bain Capital, hit back at criticisms on Monday by saying the deal would result in an extra £212m payout for members.
Energy supplier Bulb collapses into administration
Energy supplier Bulb said on Monday that it has collapsed into administration.
Euro remains under pressure as Covid cases rise
The euro remained under pressure on Monday as Covid cases continued to surge across the continent.
BoA downgrades Hochschild Mining to 'underperform' after Peru announces plans to close two mines
Analysts at Bank of America downgraded their recommendation for shares of Hochschild Mining from 'buy' to 'underperform', marking down their target price from 280. 0p to 90. 0p in the process.
US pre-open: Futures in the green as investors prep for holiday-shortened week
Wall Street futures were in the green ahead of the bell on Monday as market participants prepared for the Thanksgiving holiday-shortened week.
Europe midday: Shares hold gains on Telecom Italia bid news
European shares held gains at midday on Monday, although off morning levels, as a $12bn bid from US private equity firm KKR for Telecom Italia drove sentiment.
London midday: FTSE gains as telecoms stocks boosted by deal news
London stocks were still in the black by midday on Monday, helped along by strength in the telecoms sector, but gains were unspectacular amid worries about tightening restrictions in Europe.
Rouble weakens as US intel shows plans for potential Ukraine invasion
The rouble was under pressure again at the start of the week following reports detailing Russian troop and artillery movements which some fear could presage a large-scale push into Ukraine.
ITM Power consortium wins £9.4m in government funding
ITM Power said on Monday that the Green Hydrogen for Scotland Consortium had been successful in its application for funding from the Energy Innovation Portfolio competition run by the Department of Business Energy Innovation and Skills (BEIS).
Polar Capital reports solid first half performance
Polar Capital reported assets under management of £23. 4bn at the end of its first half on Monday, up from £20. 9bn at the end of the 2021 financial year.
Amryt to delist from AIM, concentrate on Nasdaq trading
Commercial-stage biopharmaceutical company Amryt Pharma announced its intention to cancel its shares from trading on AIM on Monday, with effect on 11 January.