Latest News
Ian O'Doherty succeeding Chris Houghton as Park Group chair
Multi-retailer, multi-channel gift voucher and prepaid gift card provider Park Group announced the appointment of John Sullivan (Ian) O’Doherty as its new chief executive officer on Wednesday, to succeed Chris Houghton, whose retirement was announced on 12 June.
Labour's Scottish leader resigns in wake of abuse claims
Alex Rowley, the acting leader of the Labour Party in Scotland, stood down from his role on Wednesday after a former partner made allegations of abuse against him.
Galantas Gold proposes private placement of shares
Galantas Gold Corporation has today announced a proposed private placement of shares, for working capital purposes, as well as to continue developing an underground mine on the Omagh property.
Zambeef profits halved due to increased costs
Annual profits at Zambia-based agribusiness Zambeef Products took a nosedive as unfavourable exchange rates, increased costs and lower commodity prices wiped out gains made in retail sales.
Elecosoft appoints Simon Morgan as new finance director
Construction software specialist Elecosoft announced the appointment of Simon Morgan as its finance director with immediate effect on Wednesday.
Empire State manufacturing index drops more than expected in November
Manufacturing activity in the New York Fed's jurisdiction deteriorated more than expected in November, according to data released on Wednesday.
SandRidge Energy to buy Bonanza Creek in $746m deal
SandRidge Energy has agreed to buy Bonanza Creek in a cash-and-stock deal valued at $36 per share.
US retail sales jump past forecasts in October
Retail sales volumes in the States increased more quickly than expected last month, amid a jump in demand for motor vehicles and parts in the wake of the hurricanes that struck the Gulf of Mexico.
US core CPI edges past forecasts, some economists see big rise ahead
The cost of the living in the States increased a tad more quickly than expected last month as rising prices for used cars and trucks, shelter and medical care services pushed the so-called 'core' rate higher.
Jeffrey Karoly installed as CFO at Condor Gold
Condor Gold announced the appointment of Jeffrey Karoly as its chief financial officer with immediate effect on Wednesday.
Bango brings mobile payments to Google Play in Nigeria
Mobile payments company Bango has launched operator-billed payments for Google Play users with 9mobile in Nigeria, it announced on Wednesday.
Ascent begins export production from two Slovenia wells
Europe-focussed oil and gas exploration and production company Ascent Resources updated shareholders on the start of export production from the Petišovci field in Slovenia on Wednesday, confirming that it commenced export production from well Pg-10 on 2 November, with production from well Pg-11A added on 3 November.
UBS sees S&P 500 at 2,900 by year-end 2018
The balance of risks for US equities is skewed to the upside, UBS said in an equity strategy note, as it targets a year-end 2018 level of 2,900 for the S&P 500.
Used car sales rack up two quarters of declines
Sales of used cars have fallen for the second quarter running, suggesting second-hand sales could be emulating reversals in the market for new vehicles.
Investee company of Legendary Investments valued at £10m
Legendary Investments has announced that as a result of the progress made at its investee company, IBS, several investors had taken on equity of IBS at a valuation of $10m.
Akers Biosciences shares retreat after third quarter
Screening and testing product manufacturer Akers Biosciences grew revenues 10% in its third quarter of trading thanks to strong sales of its breathalyser and rapid cholesterol testing products.
Property obsession could be making UK poorer, NIESR says
Home ownership is crowding out other forms of long-term savings and investment with potentially damaging effects on pension savings and the wider UK economy, research suggests.
Europe midday: Stocks retreat further as Basic Resources rout continues
European stocks are near their worst levels of the session, weighed down by strength in the euro and increased caution on the part of investors on the back of what some analysts described as "diminished expectations for US tax reforms".
Tune Hotel in Newcastle to receive easyHotel treatment
Owner, developer and operator of so-called ‘super-budget’ hotels easyHotel has agreed to take over the 104-room Tune hotel in Newcastle, it announced on Wednesday.