News And Announcements
UK company structures allow money laundering, warns Danske whistleblower
Danske Bank whistleblower Howard Wilkinson has taken aim at British company structures for hiding the identity of those behind money laundering activities.
Walgreens and Humana in talks - reports
Pharmacy giant Walgreens Boots Alliance and US health insurer Humana are in talks about a potential tie-up.
Plutus PowerGen gearing up to develop Rockpool site in Kent
Flexible energy generation developer Plutus PowerGen announced on Wednesday that its partner, Rockpool Investments, has purchased a 20MW gas-powered FlexGen site in Medway, Kent, with planning, connections, an option to lease and capacity mechanism from Reliance Energy.
Kore Potash identifies two new exploration targets
Potash development company Kore Potash provided exploration targets for potential extensions of its Kola and Dougou Extension sylvinite deposits on Wednesday, which had been identified as part of the work program to improve its understanding of both the potential scale and the strategic opportunities presented by the multiple occurrences of potash in the Sintoukola Project area.
Ethernity signs another American OEM deal
Network processing technology and products company Ethernity Networks has signed a contract to supply an unnamed tier 1 North American aviation and defence original equipment manufacturer (OEM) with its ‘ENET’ switch/router firmware and software, it announced on Wednesday.
Bet365 boss takes home record British pay cheque
The boss of online bookmaker Bet365 was paid a record-breaking £265m in 2017, making her the highest-paid chief executive of a British company.
Anglo Asian makes good progress with airborne survey at Gedabek
Azerbaijan-focussed gold, copper and silver producer Anglo Asian Mining updated the market on the airborne geophysical survey underway at its 300 square kilometre Gedabek contract area on Wednesday.
IronRidge raises fresh £5.4m to progress projects in Africa
IronRidge Resources has raised around £5. 4m before expenses through a subscription for, and placing of, 27,022,000 new ordinary shares at a price of 20p each, it announced on Wednesday.
Metal Tiger upbeat on performance so far at Tshukudu
Strategic natural resource opportunities investor Metal Tiger updated the market on the exploration activities of its new joint venture, Tshukudu Exploration, in the Kalahari Copper Belt in Botswana on Wednesday.
Faroe confirms start of Brasse East exploration well
Independent oil and gas company Faroe Petroleum announced the start of the Faroe-operated Brasse East exploration well 31/7-3S in the Northern North Sea, where it has a 50% working interest, on Wednesday.
Italian PR firm SEC to gradually acquire CLAI
Italian advocacy, public relations and integrated communications agency SEC has agreed to acquire up to 100% of the issued equity of public and corporate affairs company CLAI from its shareholders it announced on Wednesday, in line with its stated acquisition strategy.
Biffa profits drop but FY expectations maintained
Waste management company Biffa reported a drop in first-half profit on Wednesday as it highlighted "external headwinds", but maintained its full-year expectations.
Finsbury Food on track for full year after contract wins
Speciality bakery manufacturer Finsbury Food said on Wednesday that its FY19 results should be in line with expectations thanks to a number of contract wins.
NewRiver upbeat on first half despite industry-wide struggles
NewRiver REIT reported “robust” cash returns in its half-year results on Wednesday, even as funds from operations decreased to £25. 3m from £26. 5m year-on-year.
TalkTalk on track as it expands fibre proposition
TalkTalk Telecom Group updated the market on its trading for the six months ended 30 September on Wednesday, reporting continued growth in its broadband base and headline revenue, while reiterating its full-year expectations.
TalkTalk launches new fibre-optic network subsidiary
TalkTalk announced an acceleration of its full fibre strategy on Wednesday, with the launch of a company to build a new broadband network across Britain.
Morgan Advanced sells off lossmaking unit
Morgan Advanced Materials has sold its Composite and Defence Systems for £2m cash and £1. 5m in January, with the company keeping economic benefit of certain assets and certain liabilities.
Syncona grew net asset value 31% in first half
Life sciences investment fund Syncona saw net asset value increase in first six months of the year, as it confirmed it was on track to meet full-year investment guidance.
HICL ups NAV but warns political uncertainty is key risk
Investment fund HICL Infrastructure hailed a ‘strong’ first half on Tuesday but warned that political uncertainty in the UK remained a significant risk.
Kingfisher to exit Russia, Spain, Portugal as Q3 sales fall
European home improvement retailer Kingfisher on Wednesday said it was exiting Russia, Spain and Portugal to focus on markets where it could take a leading position as third quarter like-for-like sales fell 1. 3%.