News And Announcements
Remote Monitored Systems raises £0.27m in placing
Monitoring and security company Remote Monitored Systems announced the successful completion of a placing to raise £0. 27m on Monday, to support the continuing growth of GyroMetric and Cloudveil, and to provide working capital.
Clinigen gets orphan drug designation for 'aldesleukin' in the US
Pharmaceutical services company Clinigen Group announced on Monday that the US Food and Drug Administration (FDA) Office of Orphan Products Development (OOPD) has granted orphan drug designation for ‘aldesleukin’, in the treatment of amyotrophic lateral sclerosis (ALS).
Panther Metals enlarges Big Bear project area
Canada and Australia-focussed mineral exploration company Panther Metals announced the enlargement of the Big Bear Project area on Monday, following an airborne geophysics survey.
Qinetiq signs agreement with US DCSA
Defence technology company Qinetiq said on Monday that it has entered "the next phase of growth in the US" after agreeing to operate all of the US defence and security operations for the US Defense Counterintelligence & Security Agency (DCSA) under a new special security agreement (SSA).
G4S jobs plans 1,150 jobs at cash business - union
G4S is planning to cut 1,150 jobs at its cash business in a move that takes Britain closer to a cashless society, according to one of the UK's biggest unions.
Fisker to debut on Wall Street in $2.9bn deal
Electric car maker Fisker is to list on the New York Stock Exchange through a $2. 9bn deal with Spartan Energy Aquisition, it was announced on Monday.
Research into potential coronavirus vaccine given Fast Track status, says Pfizer
Research into potential Covid-19 vaccines being developed by Pfizer and BioNTech has been granted so-called Fast Track designation by the US Food and Drug Administration, sending shares in both drug firms higher.
Luceco to restart dividends after strong first half
Luceco said it expected to restart paying dividends and that annual results would be well ahead of expectations after first-half profit rose despite the Covid-19 crisis.
FCA freezes £3.9m of assets in mortgage case
The Financial Conduct Authority has frozen the assets of two unauthorised companies and their owner for allegedly misleading dozens of vulnerable people into handing over their houses and losing hundreds of thousands of pounds.
Regency Mines outlines exploration season at Dempster
Battery metals-focussed exploration and development company Regency Mines announced its 2020 exploration season at its Dempster vanadium project in Canada on Monday, in which it owns a 50% interest.
UK warns businesses to prepare for end of Brexit transition period
The UK is urging businesses to prepare for the end of the Brexit transition period on 31 December 2020 in a new campaign.
Altona makes two 'experienced' rare earth consultant appointments
Africa-focussed rare earth element mining exploration company Altona Energy announced the appointment of two “highly experienced” consultants on Monday, with immediate effect.
Vast Resources shares fall after Baita Plai update
Shares in mining company Vast Resources were in the red on Monday afternoon, after it updated the market on progress at its Baita Plai Polymetallic Mine in Romania.
Analog Devices to buy Maxim Integrated Products for $20.9bn
US semiconductor company Analog Devices has agreed to buy Maxim Integrated Products for $20. 9bn in an all-share deal.
BT warns UK government against rushing Huawei ban
BT boss Philip Jansen said on Monday that the UK government should not rush the ban on China’s tech giant Huawei from developing the country's 5G network, warning of potential outages and security issues.
Barclays' capital ratio stronger than expected
Barclays said its core capital ratio would be stronger than expected at the end of the second quarter but that its results for the period would be affected by a tough market for income and bad debts.
Copper prices rally after Antofagasta miners vote to strike
Copper prices spiked on Monday on possible supply issues, after workers at a Chilean mine owned by Antofagasta voted in favour of strike action.
Heathrow blames UK quarantine for slump in passenger numbers
Heathrow Airport on Monday blamed the government's coronavirus quarantine for a slump in June passenger numbers.
CMC Markets appoints Brendan Foxen as chief technology officer
Online trading platform CMC Markets has appointed Brendan Foxen to the newly-created role of chief technology officer.
Boohoo shares drop again with Leicester in spotlight
Boohoo shares fell resumed their heavy decline after a further stream of negative press coverage over the embattled fashion brand's manufacturing activities in Leicester.