Company News
Friday preview: US data, Wetherspoon's in the spotlight
With next week's US central bank policy meeting looming ever closer, the focus at the end of the week will again be on a raft of economic indicators.
Chocolate could disappear by 2050 due to climate change
Cocoa plants as we know them are expected to become extinct by as early as 2050 as global warming pushes temperatures higher and levels of humidity fall, the World Economic Forum said on Thursday.
Verditek subsidiary moves forward with air purifier commercialisation
Clean technology company Verditek announced on Thursday that its wholly owned subsidiary, Westec Environmental Solutions (WES), has licensed a company to commercialise one of its products.
Proton Power Systems launches fourth generation fuel cells
Proton Power Systems announced the launch of its fourth generation of high efficiency stacks and fuel cell systems on Thursday.
Water Intelligence aims to make a splash with California franchise
Water Intelligence has acquired its franchise in California for $252,000 after raising £4. 2m in a placing to fund several acquisitions, the company said on Thursday.
BT Openreach to hire 3,500 trainee broadband engineers
BT’s network infrastructure division Openreach announced it will hire 3,500 new trainee engineers over the next 12 months on Thursday.
Totally's Vocare secures a number of contract extensions
Out-of-hospital services provider Totally has secured a number of contract extensions through its wholly-owned urgent care services subsidiary Vocare, it announced on Thursday.
Globalworth buys Warsaw office block for EUR 55m
Globalworth Real Estate announced the acquisition of Warta Tower, a modern office tower in the City Centre West district of Warsaw, by Globalworth Poland for a consideration of €55m on Thursday.
Amryt Pharma pleased with progress, announces new in-licence agreement
Rare and orphan disease-focussed biopharmaceutical company Amryt Pharma updated the market on its trading on Thursday, and announced that it has concluded terms for an exclusive in-licence agreement for a novel gene therapy platform, offering a “potentially exciting” treatment for patients with epidermolysis bullosa (EB).
Ten Lifestyle Group signs big contract with HSBC
Technology-enabled lifestyle and travel platform Ten Lifestyle Group has signed a “significant contract” with HSBC Group, it announced on Thursday, to provide concierge services to one of the group's exclusive wealth propositions.
Unilever opts for Rotterdam over London in head office shake-up
Unilever and the UK government have denied the consumer goods giant's decision to base its head office in the Netherlands is a vote of no-confidence in Brexit Britain.
Zinc Media shares dip in spite of company's swing to profits
Zinc Media shares dropped over 10% despite the company have swung to a profit for the six months leading up to 31 December on the back of a 6% rise in revenues to £9. 76m.
GKN's largest customer tolls death knell for Melrose deal
GKN's largest customer, Airbus, has suggested it would withdraw custom from the FTSE 100 engineer in the event of the proposed hostile takeover by Melrose International.
Georgian Mining subsidiary enters agreement and focuses on gold project
Georgian Mining Corp announced that its subsidiary company Georgian Copper & Gold (GCG) has entered into a memorandum of understanding (MOU) relating to a project in southern Georgia.
LightwaveRF appoints Adam Williams as revenue chief
Smart home solutions provider LightwaveRF announced the appointment of Adam Williams as its chief revenue officer with immediate effect on Thursday.
Vast Resources makes progress on offtake agreement with Mercuria
Romania and Zimbabwe-focussed mining company Vast Resources announced on Thursday that, as part of the arrangements towards finalisation of the proposed $9. 5m pre-payment offtake agreement with Mercuria Energy Trading, it has issued 565 million warrants in terms of the authority from shareholders granted at the general meeting on 14 February.
MySQUAR launches new strategy card mobile game 'Wushu King'
Myanmar-language social media, entertainment and payments platform MySQUAR announced the launch of a new strategy card mobile game called Wushu King on Thursday.
Diversified Gas & Oil enters into new $500m credit facility
Independent US based gas and oil producer Diversified Gas & Oil announced on Thursday that it has entered into a $500m, five-year senior secured revolving credit facility with a syndicate of seven US banks, led by KeyBank National Association.
Veltyco extends partnership with esports.com
Gaming industry online marketing and operator company Veltyco Group announced on Thursday that it has extended its partnership with eSports. com and has entered into a joint venture with eSports. com to join forces in a blockchain project.
Tesco is a 'visible turnaround', JP Morgan analysts say
Tesco is a visible turnaround story and the retailer will increasingly be viewed as a capital return stock, JP Morgan analysts said as they rated the shares ‘overweight’.