Market Pulse
Tricor to offload iron sand processing plant to KGGD
Tricor announced on Friday that it has entered into a conditional sale and purchase agreement with KGGD and Dunamis Mining, whereby KGGD will acquire the iron sand processing plant and equipment of Tricor Minerals, a 72% subsidiary of Tricor.
Irish cabinet agrees to appeal EU Apple tax ruling
The executive branch of the Irish government has agreed to appeal the European Commission ruling in which US technology company Apple was ordered to pay the state €13bn in backtaxes.
Sky invests EUR4m in France's Molotov
Sky has invested €4m in French over-the-top video platform Molotov as part of a larger financing round.
Lawsuit alleges Barclays loaned £2.26bn to Qatar to avoid bailout
Barclays Plc is alleged to have loaned £2. 26bn to Qatari investors to aid their purchase of shares in the lender during the worst moments of the global financial crisis in 2008.
EMIS' revenue rises as it remains confident about NHS investment despite Brexit uncertainity
EMIS’s revenues rose as it maintained that despite political and economic uncertainty, in light of the Brexit vote, it is encouraged by NHS investment.
Midatech Pharma's revenues increases due to US sales
Midatech Pharma’s half-year revenues increased significantly, with management sounding an optimistic note regarding the potential of the company´s research and development programmes.
Putin calls for limit on oil production levels
Russian president Vladimir Putin has called on the world's oil-producing countries to introduce a cap on output levels of the commodity when the group meets later this month.
Fusionex to supply technology to KL stock exchange
International provider of software specialising in analytics, 'big data' and the 'internet of things', Fusionex, announced on Friday that it has signed an agreement with Bursa Malaysia Berhad, Kuala Lumpur's Stock Exchange.
hVIVO launches groundbreaking asthma study
Human disease models pioneer hVIVO announced on Friday that its landmark asthma stratification initiative is now underway, with the first volunteer inoculated with human rhinovirus at hVIVO's London-based clinical research unit.
Lifeline Scientific to merge with Shanghai Genext
International provider of clinical products and services in the field of transplantation, Lifeline Scientific, announced on Friday that it has entered into a definitive merger agreement with Shanghai Genext Medical Technology Company and its affiliates.
Nasstar completes acquisition of Modrus
Hosted managed and cloud computing services provider Nasstar announced on Friday that following admission to trading to AIM of 17,333,334 consideration shares during the morning, the acquisition agreement has now become unconditional in all respects.
Vela Technologies investment partners with Visa Europe Collab
Early-stage and pre-IPO disruptive technology investing company Vela Technologies was celebrating on Friday, noting an announcement released on 1 September by BTL Group.
Abcam to place shares on AIM to pay vendors following acquisition
Life science company Abcam is to pay the first performance-based payment of $5. 2m for its acquisition of AmioMx through a share placing on AIM, the London Stock Exchange's junior market.
McCarthy & Stone FY revenue up but warns of housing market weakness
Shares in McCarthy & Stone slumped after the retirement housebuilder reported a rise in revenue in the year to the end of August but said there has been evidence of some weakness in the secondary housing market since its update at the end of June.
Europe midday: Stocks push higher ahead of payrolls
European stocks pushed higher on Friday as investors looked to the release of the eagerly-awaited non-farm payrolls report.
London midday: Stocks gain after better-than-expected UK construction data
London stocks gained on Friday as investors digested better-than-forecast UK construction data and awaited the all-important US non-farm payrolls report.
US pre-open: Stocks set for muted open as investors await payrolls
US futures pointed to a fairly muted open on Wall Street, with investors likely to err on the side of caution ahead of the nonfarm payrolls report.
HP Enterprise looks to offload software operations
Hewlett Packard Enterprise is putting plans in place to sell its software unit for around $10 billion, including the operations acquired in its 2011 purchase of British group Autonomy.
Eurozone producer prices tick up 0.1% as expected
Producer prices in the eurozone ticked just a touch higher in July, marking their lowest monthly reading since April, according to the latest figures from Eurostat.
Ergomed wins two licenses for cancer drug Zoptrex
Pharmaceutical service provider Ergomed’s development partner Aeterna Zentaris, won two licensing deals for its cancer drug Zoptrex gaining new territory in Southeast Asia and the Middle East.