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News And Announcements
17 Jan
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Travelex restores first customer-facing systems after hack

Travelex announced on Friday it had restored the first of its customer-facing services in the UK and that the return to normal operations was firmly underway.

17 Jan
Michigan consumer sentiment index slips in January

US consumer sentiment deteriorated a touch in January, according to a preliminary reading from the University of Michigan.

17 Jan
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Omega Diagnostics geta approval for HIV test in Nigeria

Medical diagnostics company Omega Diagnostics has received approval from the Federal Ministry of Health in Nigeria, to enable its ‘VISITECT CD4 350’ test product to be deployed in that country, it announced on Friday.

17 Jan
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Ncondezi Energy on track for tariff submission

Ncondezi Energy updated the market on its power tariff finalisation and submission process for the integrated 300MW coal-fired power project and coal mine in Tete, Mozambique on Friday, reporting that the tariff financial model was on track for submission to its strategic partners at the end of January.

17 Jan
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Barkby Group exchanges contracts on Huntingdon site

Barkby Group announced on Friday that the site in Huntingdon, Cambridgeshire, referred to in its AIM admission document on 19 December, has progressed from being in legal negotiations to having exchanged contracts.

17 Jan
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UniVision enters cooperation framework deal with joint venture partners

Hong Kong-based closed circuit television and surveillance systems company UniVision said on Friday that, further to the sub-contractor announcement it made on 19 November, it has now also entered into a cooperation framework agreement with the China Railway Engineering Hong Kong (CREHK) and China Railway Wuhan Electrification Engineering Group (CRWE) joint venture.

17 Jan
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IAG cancels limit on non-European share ownership

British Airways and Iberia parent IAG flew higher after ditching its rule to impose a limit on non-EU shareholders.

17 Jan
Hospitals delayed by Carillion collapse as costs blow out - NAO

The cost of building two new hospitals that are still uncompleted after the collapse of government contractor Carillion, the National Audit Office said on Friday.

17 Jan
Oil rig, oil & gas, drilling
Star Phoenix gets go-ahead for sale of Range Resources Trinidad

Trinidad and Indonesia-focussed oil and gas company Star Phoenix has received the required approvals from Heritage Petroleum Company - the state oil and gas company of Trinidad and Tobago - for the sale of Range Resources Trinidad to LandOcean Energy Services, it announced on Friday.

17 Jan
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Novacyt division signs distribution deal with VGS Group

Clinical diagnostics specialist Novacyt announced on Friday that its molecular testing division, Primerdesign, has signed an exclusive commercial agreement with Atothis - part of VGS Group - for the distribution of certain molecular diagnostic products in France, for the aquaculture and aquamarine markets.

17 Jan
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Kazera Global reports solid start to year at African Tantalum

Investment company Kazera Global, which has an interest in the Tantalite Valley Mine (TVM) in Namibia through its stake in African Tantalum (Aftan), updated the market on its operations on Friday.

17 Jan
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Flybe defends rescue as rivals attack deal

The war of words over Flybe's rescue package escalated on Friday as the regional airline denied it had received favourable treatment and competitors threatened legal action.

17 Jan
The Gym Group revenues rise as membership numbers grow

The Gym Group reported a rise in full-year revenues on Friday as membership numbers grew.

17 Jan
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Mike O'Leary to take up role as chairman at Dotdigital

Marketing automation and customer engagement software-as-a-service (SaaS) provider Dotdigital Group has appointed Michael O'Leary to its board as non-executive chairman, it announced on Friday, effective immediately.

17 Jan
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Itaconix and Nouryon terminate agreement over detergent polymers

Specialty polymer company Itaconix announced on Friday that itself and Nouryon have mutually agreed to terminate their agreement for Nouryon to exclusively distribute Itaconix polymers with chelating properties worldwide for detergent applications.

17 Jan
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Record puts in decent third quarter despite fee pressure

Specialist currency manager Record updated the market on its trading for the three months ended 31 December on Friday, reporting that assets under management equivalents expressed in dollars grew 8% over the period, to $64. 7bn.

17 Jan
oilfield
PetroNeft gets to work on licences 61 and 67

Russia-focussed oil and gas exploration and production company PetroNeft, which is the 50% owner and operator of licences 61 and 67, announced on Friday that a contract had been awarded and construction started on a mini oil processing facility at licence 61, with completion due in 2020.

17 Jan
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GVC Holdings sees FY profits at top end of guidance

GVC Holdings said on Friday that it was "well placed" for 2020 as it progressed with integrating recently-acquired Ladbrokes Coral and continued to grow its US joint venture.

17 Jan
Hastings warns on profits amid elevated claims costs

Insurer Hastings warned on profits on Friday and said it would cut its dividend following elevated claims costs in the fourth quarter.

17 Jan
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Fiat Chrysler in talks with Foxconn over JV

Fiat Chrysler Automobiles said on Friday that it is in talks with electronics group Foxconn over the creation of an equal joint venture to develop and manufacture new generation battery electric vehicles in China and engage in the Internet of Vehicles business.