Latest News
Plexus gets purchase order from Oceaneering International
Oil and gas engineering service company Plexus Holdings has been awarded a purchase order for plug and abandonment equipment and services from Oceaneering International Services, a division of Oceaneering International, it announced on Monday.
Agronomics leads founder's funding round into Liberation Labs
Cellular agriculture investor Agronomics has led the founder's round of Liberation Labs, it announced on Monday, through an initial investment of $0. 63m (£0. 51m) for a 47% equity stake.
Ilika starts six-month solid-state battery plant study
Solid-state battery technology developer Ilika has started a six-month economic feasibility study in partnership with the UK Battery Industrialisation Centre (UKBIC), it announced on Monday.
Empire Metals starts exploration at Pitfield copper-gold project
Empire Metals announced the start of exploration activities at the 615 square kilometre Pitfield copper-gold project on Monday, located in Western Australia.
Union Jack Oil reaches $7m revenue since Wressle re-start
Union Jack Oil announced on Monday that material landmark net revenues of $7m (£5. 71m) have been achieved from the Wressle hydrocarbon development, located within licences PEDL180 and PEDL182 in North Lincolnshire, on the western margin of the Humber Basin.
Associated British Foods quarterly revenue growth fuelled by price hikes
Food and retail company Associated British Foods said on Monday that recent trading had been in line with expectations, with revenues up across all of the group's key verticals due to both price hikes aimed at recovering input cost inflation and a marked volume increase in its ingredients division.
Countryside Parnerships agrees Lambeth regeneration JV
Countryside Partnerships has entered into a joint venture agreement with Metropolitan Thames Valley Housing (MTVH) to deliver the significant regeneration of the Clapham Park Estate in Lambeth, after being selected last year as the preferred partner to deliver the scheme.
German producer prices surge
Producer prices continued to soar in Germany last month, official data published on Monday showed, driven by the growing cost of energy.
Heathrow asks airlines to cancel 10% of Monday flights as UK travel chaos worsens
Britain's Heathrow airport has asked airlines to cancel 10% of their flights on Monday as the airport faces a baggage backlog, adding to the embarrassing travel chaos already gripping the country and piling on more misery for passengers.
Berenberg lowers target price on ITM Power
Analysts at Berenberg lowered their target price on energy storage and clean fuel company ITM Power from 225. 0p to 185. 0p on Monday, stating risks to both consensus expectations and the stock’s rating remained "skewed to the downside".
London midday: Stocks extend gains as Euromoney surges on deal news
London stocks had extended gains by midday on Monday, with deal news helping to lift investors’ spirits, although sentiment remained fragile amid ongoing concerns about a global recession.
Bitcoin nudges higher after weekend rout
Bitcoin nudged back above $20,000 on Monday following a fresh cryptocurrency rout over the weekend.
Asia report: Markets mixed as PBoC stands pat on rates
Stock markets closed in a mixed state in the Asia-Pacific region on Monday, after China’s central bank stood pat on its benchmark interest rates.
Canaccord Genuity downgrades EMIS Group to 'hold'
Analysts at Canaccord Genuity downgraded healthcare software provider EMIS Group from 'buy' to 'hold' on Monday after the company became the latest M&A target in the UK mid-market technology sector late last week.
New 'cryptocrash': Bitcoin´s price breaks the important level of $20,000 and these are the reasons why
Bitcoin´s and cryptocurrencies´ prices were on a roller coaster ride over the weekend, with the digital tokens' sharp swings that saw their total capitalization lose $800 billion for the first time since the end of 2020. The two major currencies broke very important support levels, only to recover them and embark on a short-term consolidation of recent moves, while experts believe that this week could see a rally in the crypto space.
China keeps key lending rates unchanged
The People’s Bank of China kept its main lending rates unchanged on Monday, in line with expectations.
M&S appoints Alex Freudmann as managing director of Food
Marks & Spencer has appointed Alex Freudmann as the new managing director of its food division, succeeding Stuart Machin, who became group chief executive in May.
Jadestone halts Montara production after oil leaks into sea
Jadestone Energy updated the market on operations at the offshore Australia Montara field on Monday, after oil was released to sea during a transfer operation.
Euromoney in £1.6bn takeover talks with PE firms Astorg, Epiris
Euromoney Institutional Investor confirmed on Monday that it was in talks with a consortium comprising of private equity firms Astorg Asset Management and Epiris about a possible £1. 6bn cash takeover.
EKF announces details of Verici Dx share distribution
EKF Diagnostics announced the distribution of shares in its investment in Verici Dx on Monday, to its shareholders.