EServGlobal warns profit to fall short of previous guidance

Australian mobile finance technology group eServGlobal (ESG) announced on Wednesday revenue would likely fall short of previously issued guidance due to delays in the signing of certain significant orders.

23 Jan
Proctor and Gamble posts minor profit increase

Consumer packaged goods company Procter and Gamble (P&G) beat Wall Street expectations with its second-quarter performance showing that its turnaround was progressing, despite being the centre of a social-media phenomenon known as the Tide Pod Challenge that has people around the globe convincing one another to consume P&G branded laundry detergent.

23 Jan
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Broker tips: Netflix, WPP, EasyJet

Analysts at Morgan Stanley reiterated their 'overweight' recommendation on Netflix following the video streaming giant's latest quarterly update, lifting their target price on the stock to $275 in the process.

23 Jan
ep verizon
Verizon earnings given boost by Trump tax credit

American carrier Verizon reported earnings that fell just shy of Wall Street estimates for its fourth quarter but noted that recent reforms to US tax laws had resulted in a one-time reduction in net deferred income tax liabilities of around $16. 8bn.

23 Jan
minera anglo americana
Anglo African appoints new CEO as boardroom shake-up comes to an end

London-based independent developer Anglo African Oil and Gas (AAOG) has appointed a new chief executive officer as part of a major facelift to its boardroom ahead of the TLP-103 drilling campaign at its Tilapia oil field project in the Congo.

23 Jan
Tlou Energy sees 'excellent data' from seismic survey

Tlou Energy told investors on Tuesday that it had reached several key milestones in the development of its coal bed methane operations in Botswana, highlighting the "excellent data" seen from a seismic survey across the Lesedi and Mamba project areas.

23 Jan
Oil & gas plant
Genel Energy signs extension with Kurdistan government

Oil and gas exploration and production business Genel Energy has reached an agreement with the Kurdistan Regional Government for a twelve-month extension to fulfil the conditions precedent within its gas lifting agreements in the region.

23 Jan
entrada tienda carrefour
Carrefour plans 2,400 job cuts as partners with China's Tencent

Carrefour is investing €2. 8bn in digital developments and has agreed to form an alliance with Tencent Holdings that could see the Chinese tech firm buy a stake in the French retailer.

23 Jan
alaska quake
Alaskan earthquake triggers tsunami warning

A tsunami alert has been issued after an earthquake was recorded off the coast of Alaska.

23 Jan
Base Resources completes Toliara Sands acquisition

Western Australia-based mineral sands producer Base Resources has completed its acquisition of the Toliara Sands Project in Madagascar with an upfront payment of $75m made to World Titane Holdings' wholly owned Mauritian subsidies.

23 Jan
exploration well, oil & gas
Sound Energy chairman steps down as Moroccan gas confirmed

Mediterranean upstream company Sound Energy has received final certification for the TE-5 well core at its Tendrara asset onshore Morocco, with the findings being "entirely consistent" with preliminary results returned on 20 December.

23 Jan
Deltex Medical Oesophageal Doppler Monitor ODM
Deltex stumbles after fundraising announcement

Shares in haemodynamic management firm Deltex Medical Group fell as much as 12% during early trading on Tuesday morning after the group announced its intention to undertake a £1m equity placing.

22 Jan
united states us america washington congress
Senate reaches temporary agreement over budget

A bipartisan group of negotiators has reached across the aisle to finalise an agreement to reopen the US federal government almost 60 hours after it first shut down.

22 Jan
Sainsburys store, retail, supermarkets, Sainsbury's
Broker tips: Page Group, Sainsbury's, Carpetright

RBC Capital Markets upgraded PageGroup to 'outperform' from 'sector perform' and lifted its price target on the shares from from 490p to 640p, saying it "looks the best staffing play at this point".

22 Jan
Atalaya sees production increases in first full year of operations at Proyecto Riotinto

Cyprus-based copper company Atalaya Mining produced 37,164 tonnes of copper at its Proyecto Riotinto over its first full calendar year, up from the 26,179 tonnes mined in 2016.

22 Jan
revolution bars drink alcohol
Revolution Bars grows holiday sales for fifth consecutive year

Premium bar operator Revolution Bars saw total revenue jump 10. 6% in the six months leading to 30 December, as four newly opened venues gave the group an extra boost during the all-important Christmas and New Year trading period.

22 Jan
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ADM makes bid for Bunge, Glencore seen lying in wait

US grain merchant Archer Daniels Midland (ADM) has proposed a takeover of New York-based agribusiness Bunge, a move that could potentially set off a bidding war with rival Glencore.

22 Jan
AIG reaches deal to acquire Bermudian insurer for $5.56bn

Global insurance company American International Group (AIG) has inked a deal to acquire Bermuda-based insurer and reinsurer Validus Holdings for $5. 56bn, as the group's new chief executive looked to reverse nearly ten years' worth of asset declines as a result of its near collapse in 2008.

22 Jan
British economy strong enough to survive Brexit, says former Goldman Sachs economist

The UK was likely to fair better than many forecasts had suggested, with the benefits of global growth in the next few years said to "easily dwarf" any blows as result of it leaving the EU, according to former Goldman Sachs economist Jim O'Neill.

22 Jan
London Stock Exchange AIM LSE shares
Director dealings: Taptica boss offloads 1.65m shares

Hagai Tal, chief executive officer of AIM-listed marketing solutions firm Taptica International, sold 1. 65m ordinary shares in the company on Monday, pocketing almost £7. 5m in the process.