Latest News
Renold warns of decreased profits from FY17 despite its 'good progress'
Engineered and power transmission products delivery group Renold warned of the impact that increased raw materials prices were having on its operating margins on Thursday, saying that its chain division, in particular, had suffered significant headwinds as a result.
Eurasia Mining makes early start at Russian platinum project
Eurasia Mining announced the commencement of site works at its West Kytlim Project on Friday, kicking off the 2018 field season.
UK manufacturing growth slows at start of 2018 - ONS
Slower UK manufacturing activity held back industrial outback from bouncing back as much as was hoped at the start of 2018.
SDX Energy hails gas discovery at Moroccan well
North Africa focused oil and gas company SDX Energy announced on Friday that it has made a gas discovery on one of its Moroccan projects.
Esure boosted by double upgrade to 'outperform' at RBC Capital
Insurer Esure was boosted by a double upgrade to ‘outperform’ from ‘underperform’ by RBC Capital Markets, which lifted its price target on the stock to 275p from 250p.
Katoro shares dive on potential impact of new Tanzania laws
AIM-quoted exploration company Katoro Gold has been waiting to finalise a resource update and pre-feasibility study on its Tanzanian asset, putting particular focus on the potential impact of new mining legislation that was signed into law in the African nation in July 2017.
UK to apply for exemption from Trump's steel tariffs
Downing Street will ask the White House for an exemption to his sweeping tariffs on steel and aluminium imports to the United States after Donald Trump offered to show "great flexibility" to his "real friends".
Europe open: Stocks dip on unexpected US tariff, Korea moves and ahead of jobs report
Stocks have started slightly lower, with unexpected announcements from the US administration on the White House's tariff plans and North Korea adding to the uncertainty ahead of the release of the monthly US jobs report.
Renewi takes £73m hit from municipal contracts
Renewi is taking a £73m hit from impairments and provisions against expected losses from onerous municipal contracts, but there will be no material impact on the waste-to-product group's cash flow or banking covenants.
Intercede wins new contract with ‘major’ US healthcare provider
AIM-listed software and service company Intercede said on Friday that its MyID product has been selected by a "major" US healthcare provider for deployment as its new identity and credential management infrastructure.
London open: Stocks little changed as investors eye payrolls report
London stocks were little changed in early trade on Friday as investors eyed the release of the key non-farm payrolls report and digested news that US President Trump has accepted an offer to meet North Korea’s Kim Jong Un.
Inmarsat cuts dividend to focus on in-flight wi-fi
Satellite operator Inmarsat on Friday said it would cut its annual dividend to 20 cents a share as it cited issues over payments from a US partner and a desire to cash in on the growing in-flight wi-fi market.
Seeing Machines confirms talks with third new automotive OEM
AIM-listed Seeing Machines confirmed on Friday that it is in talks to deliver its FOVIO Driver Monitoring Systems to an additional new automotive original equipment manufacturer.
Rise in China CPI to early-2013 high expected to be short-lived
Chinese consumer prices surged last month, but economists expected the acceleration to be short-lived, paving the way for monetary policy to be eased in the Asian giant later in 2018.
SIG sees silver linings in Europe as UK 'increasingly challenging'
SIG, the building products supplier, reported a 10% decline in underlying profits, a statutory loss and cash flow down by a third as the UK market becomes "increasingly challenging".
Inmarsat cuts payout, SIG profits decline
London open The FTSE 100 was being called just 2. 5 points lower by traders in the City on Friday morning, having closed at 7,203. 24 the day before.
London pre-open: Stocks seen muted ahead of payrolls
London stocks were set for a steady open on Friday as traders digest news that US President Trump has accepted an offer to meet North Korea’s Kim Jong Un and ahead of the release of the key non-farm payrolls report.
Friday newspaper round-up: Trump tariffs, Budget, Shell, Aviva accused
Donald Trump pushed forward with plans to impose tariffs on steel and aluminium imports on Thursday, arguing the levies were necessary for national security and to stop the “assault on our country”. Flanked by steel and aluminium workers and key staff, Trump said he had to act to stop the “decimation of entire communities” and insisted there would be a very fair process as the administration used the next 15 days to negotiate exemptions with allies. Canada and Mexico will be exempted.
US close: Markets finish firmer as White House delays metals tariffs
Trading on Wall Street finished firmer on Thursday, amid reports that the White House might yet tinker with its final proposals on tariffs.