News And Announcements
Petro Matad raises $6m in discounted placing
Mongolian exploration and production company Petro Matad slumped on Friday after raising $6m in a discounted placing and subscription.
FCA blocks thousands of misleading ads
The financial regulator blocked more than 8,500 adverts last year, as it looked to crack down on misleading promotions and social media influencers.
Nanoco confirms $150m Samsung settlement, shares plunge
Shares in Nanoco Group tumbled on Friday after the London-listed tech firm confirmed it had struck a $150m settlement with Samsung.
UK service sector starts year on back foot
The UK service sector continued to struggle last month, a closely-watched survey showed on Friday, as weaker demand pushed output to a two-year low.
Eurozone economy grows for first time since June 2022
The eurozone economy grew in January for the first time since June 2022, according to a survey released on Friday.
Ofcom rules BT's Openreach price plan not anti-competitive
Ofcom said on Friday it was minded to back BT Group’s planned Openreach wholesale prices, arguing they were not anti-competitive.
Thungela to buy controlling stake in Australian coal mine
Thungela Resources said on Friday that it has agreed to buy a controlling stake in the Ensham coal mine in Australia to diversify its geographic reach.
Focusrite on track to meet full-year targets
Focusrite reiterated its full-year outlook on Friday, despite industry-wide weakness across its Asian markets.
Apple earnings miss expectations
Earnings at Apple fell by more than expected during the first quarter, sending shares in the US tech giant lower.