News And Announcements
Haydale consortium secures Innovate UK grant
Haydale Graphene has secured £0. 26m in funding from Innovate UK, it announced on Tuesday, to develop imaging techniques that characterise 2D materials, including graphene.
Prospex inks Italy gas sales deal with BP
Prospex Energy has signed an 18-month gas sales agreement with BP Gas Marketing, it announced on Tuesday, for its Podere Maiar-1 production facility in Italy.
Air India to buy 470 Airbus, Boeing jets in massive order
Air India has placed a massive order for 470 Boeing and Airbus aircraft, reflecting the pace of growth in an increasingly affluent country that is also rebounding from the Covid pandemic.
Strip Tinning confident after disappointing year
Strip Tinning, a specialist connection system supplier to the automotive sector, reported confidence after a somewhat disappointing 2022 in an update on Tuesday.
TUI sees 'encouraging' summer bookings as Q1 losses narrow
Holiday operator TUI said summer bookings were up 20% and reported a narrowing of first-quarter losses as travel continued to rebound from the effects of the Covid pandemic.
Altitude Group set for record year-end result
Altitude Group is set to exceed current market expectations for the current financial year ending in March, according to a trading update it released on Tuesday.
Challenger Energy agrees sale of St Lucia subsidiary
Challenger Energy, an oil and gas company focused on the Caribbean and Americas region, announced the sale of its St Lucia-based subsidiary Caribbean Rex on Tuesday for a total value of $1. 5m (£1. 23m).
Petro Matad reports slow progress at Block XX
Mongolian oil explorer Petro Matad reported progress on a number of fronts in an operational update on Tuesday.
Coro Energy suing Italian contractor over Bezzecca shut-in
Coro Energy announced on Tuesday that it has filed legal proceedings against an Italian contractor to claim damages resulting from the cessation of production at the Bezzecca field, where it restarted production last November.
Facilities by ADF performs 'strongly' in year since IPO
Film and television production facility specialist Facilities by ADF described a “strong performance” in its first full year as a listed business in a trading update on Tuesday.
Aurrigo reports strong operational, financial performance
Transport technology specialist Aurrigo International reported a “strong” operational and financial performance for the year ended 31 December in an update on Tuesday, following its successful initial public offering (PIO) in September.
Eurozone growth slows in Q4, as expected
Economic growth in the eurozone slowed in the final quarter of last year, according to final data released on Tuesday by Eurostat.
Ford to cut 3,800 jobs across Europe
Ford said on Tuesday that it will cut 3,800 jobs across Europe over the next three years, with more than 1,000 jobs to be axed in the UK as it looks to focus on electric vehicles.
Plus500 posts 16% jump in full-year sales, further $100m in shareholder returns
Plus 500 posted a jump in full-year sales and profits as it tapped new markets and announced additional share buybacks and dividends.
CMA ends probe into Mitie Home Office contracts
Mitie said on Tuesday that the Competition and Markets Authority has closed its investigation into alleged anti-competitive behaviour regarding contracts at Heathrow and an immigration removal centre.
Flutter considers US listing as FanDuel contribution grows
Gambling outfit Flutter Entertainment said it was considering a US listing and would starting consulting shareholders on the matter as its FanDuel operation grew in importance to the group.
Amigo Loans 'publicly censured' for affordability check failings
The Financial Conduct Authority (FCA) “publicly censured” Amigo Loans on Tuesday, in lieu of a fine, for failing to conduct adequate affordability checks on borrowers and guarantors.
NCC joins Amazon Web Services Marketplace
Cybersecurity firm NCC said it has joined the Amazon Web Services marketplace with its Escrow as a Service (EaaS) product.
Coca-Cola HBC posts strong set of 2022 results
Coca-Cola HBC, a bottling partner of the US-based Coca-Cola Company, reported a “strong” set of results for the year ended 31 December on Tuesday.
Tullow Oil seeks arbitration over Ghana tax dispute
Tullow Oil has filed requests for arbitration with the International Chamber of Commerce in London over a $387m tax dispute with Ghana.