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Wizz Air to operate at 50% capacity in October due to Covid curbs
East Europe-focused Budget carrier Wizz Air on Friday said it now expected to operate at 50% of capacity in October year-on-year, as Covid-19 travel restrictions continued to hit operations.
Read full storyPennon on track to meet expectations after revenue declines
Pennon said it was on course to report first-half results in line with its own expectations after the Covid-19 crisis caused revenue to fall.
Read full storyShaftesbury scraps final dividend as almost half of rents waived, due
West End landlord Shaftesbury scrapped its final dividend as it said almost half of rents due for the second half had been waived or were still due amid the Covid-19 crisis.
Read full storyFriday preview: US durable goods orders, euro area money supply in focus
Financial markets' focus at the end of the week and heading into the end of the month will be on the latest durable goods orders data covering the month of August.
Read full storyCharacter Group 'confident' in weathering Covid storm
Character Group updated the market on its trading for the year just ended on Thursday, reporting that the outcome for the second half had, as expected, been “considerably affected” by the UK lockdown.
Read full storyVerditek wins first order in valuable Australian mining sector
Clean technology company Verditek has won its first order in the mining sector in Australia, it announced on Thursday, representing what it described as an “important new territory”.
Read full storyTekcapital investment Salarius strikes Mexico distribution deal
Intellectual property investment company Tekcapital announced on Thursday that its portfolio company Salarius has signed a partnership agreement with FXM, to lead business-to-business sales and marketing of its ‘MicroSalt’ product in Mexico and Latin America.
Read full storyOriole signs diamond drilling contract over Bibemi licelce
West Africa-focussed exploration company Oriole Resources has signed a 3,000 metre diamond drilling contract with Capital, over its Bibemi exploration licence in Cameroon, it announced on Thursday.
Read full storyIxico joins Friedreich's Ataxia research consortium
Data analytics company Ixico has entered into a five-year collaboration with the Friedreich's Ataxia Research Alliance (FARA), it announced on Thursday, which it described as a non-profit organization dedicated to the pursuit of scientific research leading to treatments and a cure for Friedreich's Ataxia (FA).
Read full storyAtalaya Mining begins permitting process for solar plant
Atalaya Mining has started the permitting process to develop a 50MW solar plant at its Proyecto Riotinto, it announced on Thursday, with the full capacity of the solar project to be used for self-consumption.
Read full storySmartSpace signs distribution seal in Asia
Smart buildings software company SmartSpace Software has signed a distribution agreement with ESCO, it announced on Thursday, which it described as a “major” audiovisual integrator in east Asia.
Read full storyOptiBiotix revenue improves fivefold in first half
Life sciences company OptiBiotix Health reported first-half revenue growth to £0. 74m in its first half on Thursday, which was a five times increase in revenues from the first half of 2019.
Read full storyDFS tumbles into the red but remains upbeat for the current year
DFS Furniture revealed it had swung to an annual loss after Covid-19 temporarily closed its operations – but said the current year had started strongly as consumers, after months spent at home, splashed out on new sofas.
Read full storyTesco CEO calls on retailers and governments to reduce food waste
Tesco CEO Dave Lewis said that companies and governments should take advantage of the opportunity the global pandemic has provided to tackle food waste as focus on global supplies increases.
Read full storyEscape Hunt describes 'encouraging' trading since reopening
Escape rooms operator Escape Hunt described trading at its UK owner-operated sites as “encouraging” on Thursday, since reopening on 12 July.
Read full storyNWF Group trading in line amid Covid and Brexit uncertainty
Fuel, food and feed distributor NWF Group said on Thursday that trading in its first quarter had been consistent with its own expectations, with net debt reflecting the usual seasonal fluctuations.
Read full storyAltona to raise £0.5m to fund rare earth elements strategy
Mining exploration company Altona Energy said on Thursday that it is looking to raise up to £0. 5m to fund its new rare earth element strategy.
Read full storyGo-Ahead profit slightly better than guidance
Go-Ahead predicted profit at its London and international bus division would be little changed as the transport operator reported group profit slightly better than its expectations.
Read full storySIG slides into the red but ups guidance for second half
SIG tumbled into the red in the first half of the year, the building products distributor said on Thursday, after the Covid-19 pandemic shuttered the construction industry and dented trade.
Read full storyRyanair's O'Leary warns of large job losses due to 'shambolic' UK Covid policy
Britain’s aviation and tourism industries faced massive job losses unless the government provided more support and eased travel restrictions, Ryanair chief Michael O'Leary said on Thursday.
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