News And Announcements
Berenberg to cut 5% of London staff - report
German investment bank Berenberg is reportedly axing more than 5% of its London employees.
Arecor gets two EU patents for adalimumab formulations
Biopharmaceutical developer Arecor Therapeutics has been granted two European patents protecting its novel formulations of high-concentration ‘adalimumab’ until 2038, it announced on Tuesday.
Sound Energy seeking farm-out partner for Greater Tendrara
Sound Energy updated the market on financing for the phase two development of its Tendrara production doncession on Tuesday, having mandated Morocco’s Attijariwafa Bank to arrange a long-term project senior debt facility of up to $250m in June.
Cordel awarded five-year contract with Angel Trains
Transport analytics artificial intelligence (AI) technology developer Cordel has been awarded a five-year contract with Angel Trains to install fully-automated hardware in in-service passenger trains, it announced on Tuesday.
Galantas Gold to raise CAD 4m in private placement
Galantas Gold announced a private placement on Tuesday, to raise up to CAD 4m (£2. 57m) for the exploration and development of the Joshua Target.
Centrica signs deal to import £7bn of LNG from US
British Gas owner Centrica said on Tuesday that it has signed a £7bn agreement with Delfin Midstream in the US for the purchase of 1 million tonnes per annum of liquified natural gas (LNG).
Bezant applies for mining licence after solid drilling at Hope and Gorob
Copper-gold explorer and developer Bezant updated the market on the Hope and Gorob near-surface drill programme targeting copper-gold mineralisation on Tuesday, while also confirming it had applied for both a mining licence and an exploration licence renewal.
ECR Minerals rises on positive delayed results from Bailieston
Australia-focussed gold explorer and developer ECR Minerals announced updated results from drill hole BH3DD032 at the HR3 prospect at Bailieston on Tuesday.
Arkle Resources upbeat on progress at Stonepark
Arkle Resources updated the market on the Stonepark group of licences in Limerick on Tuesday - a joint venture with Group Eleven Resources.
Horizonte awards Araguaia civil works to Copa
Brazil-focussed nickel developer Horizonte Minerals has awarded the industrial civil works contract for the construction of its wholly-owned Araguaia nickel project, it announced on Tuesday, to Companhia Paranaense de Construção, or ‘Copa’.
Symphony upbeat on new Mexican biodegradable plastics standard
Symphony Environmental Technologies said on Tuesday that the Mexican Ministry for the Economy has published a new technical standard with “positive commercial implications” for its ‘d2w’ biodegradable technology in Mexico and the wider Latin America region.
Webis gets five-year renewal for Isle of Man gaming licence
Pool wagering specialist Webis, which operates the California harness track ‘WatchandWager Cal Expo’, has been approved for the renewal of its Isle of Man gaming licence by the Isle of Man Gambling Supervision Commission, it announced on Tuesday.
Crestchic lifts expectations for third time this year
Electricity load bank technology specialist Crestchic said on Tuesday that its trading momentum had accelerated further since its last update in early June.
Northcoders wins £4m funding from Department for Education
Software coding training provider Northcoders has secured further funding from the Department for Education’s ‘Skills Bootcamps Wave 3’, it announced on Tuesday.
SIG confident after reporting first half of growth
Specialist construction materials supplier SIG reported a 22. 6% improvement in its revenue for the first half on Tuesday, to £1. 39bn, with like-for-like sales growth of 21. 2%.
IWG narrows first-half losses amid 'strong' demand for hybrid working
Workspace provider IWG reported a narrowing of its first-half losses on Tuesday amid strong demand for hybrid working.
Just Group reinstates interim dividend policy amid 'favourable' market
Just Group reported a 15% improvement in first-half underlying operating profits on Tuesday, to £74m, driven by higher in-force operating profit and lower finance costs.
IHG profits double as travel rebounds from Covid curbs
InterContinental Hotels Group doubled interim profits, reinstated dividends and announced a $500m share buyback as travel demand increased after Covid restrictions eased.
Shareholder Palliser urges Capricorn to call off Tullow deal
Palliser Capital, one of Capricorn Energy’s largest shareholders, has called on the company to withdraw its recommendation for the agreed merger with Tullow Energy.
Qinetiq locks in $45.0m contract with Development Command
Science and engineering company Qinetiq has secured a $45. 0m, five-year contract to provide services for the Development Command at its Fort Belvoir prototyping integration facility.