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Latest News
20 Mar
Altona Energy announces three phase exploration programme at Westfield project

AIM-quoted coal miner Altona Energy has launched a three phase exploration programme at its Westfield Tenement project in Australia.

20 Mar
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Earthport expands international payment relationship with Japan Post Bank

Earthport has expanded its relationship with Japan Post Bank and will work on delivering outbound cross-border payment services across North America and Europe, the company said on Tuesday.

20 Mar
The Gym Group profit jumps as it expands, increases market share

The Gym Group posted a jump in full-year profit and revenue on Tuesday as it increases its market share and expands its estate.

20 Mar
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UK inflation cools off more than expected ahead of BoE meeting

UK inflation cooled off more than expected last month, but economists were divided over whether it would reduce the pressure on the Bank of England to raise interest rates ahead of the policy meeting this week.

20 Mar
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Credit Suisse revises year-end 2018 target for MSCI AC World higher

Credit Suisse's equity strategy team led by Andrew Garthwaite has marked-up its year-end 2018 target for the MSCI AC World index from 614 points to 628 points, despite the current "extreme" equity valuations on offer on an absolute basis.

20 Mar
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German investor sentiment slumps on US trade war fears - ZEW

German investor sentiment deteriorated more than expected in March amid worries about a possible US-led trade war, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.

20 Mar
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Ofcom 5G mobile spectrum auction begins

The next generation of mobile services moved a step close on Tuesday, as Ofcom’s auction to release more airwaves for mobile broadband and future 5G services began.

20 Mar
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German factory gate prices slip in February

The rate of advance in German factory gate prices slipped last month, amid a dip in the cost of natural gas and petroleum products.

20 Mar
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Ryanair partners with Niki Lauda's latest airline venture

Ryanair Holdings has entered into a binding agreement with former F1 driver and veteran airline entrepreneur Niki Lauda, it announced on Tuesday, to support his plan to develop and grow LaudaMotion - an Austrian Airline based in Vienna.

20 Mar
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Credit Suisse ups Hammerson target, says Klepierre deal more likely than Intu

Credit Suisse has upped its price target on neutral-rated Hammerson a day after it emerged that it recently rejected a £5bn bid from French shopping centre operator Klepierre, a scenario it deems to be more likely to go ahead than the planned acquisition of Intu Properties announced in December.

20 Mar
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AustralianSuper fund appoints European investment chief

Pensions provider AustralianSuper on Tuesday said it had appointed Damian Moloney as its European head of investments as the fund looked to expand its offshore investment opportunities.

20 Mar
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Regulatory pressures a concern for 888

Online gaming entertainment company 888 issued its audited annual financial results for the year ended 31 December on Tuesday, reporting a 4% increase in group revenue to $541. 8m.

20 Mar
Braemar Shipping Services, ships, transport
Europe open: Stocks slightly higher, despite nagging doubts on trade

Stocks are steady to slightly higher in early trading amid the somewhat more optimistic sounding noises coming from global authorities on the outlook for international trade.

20 Mar
virgin money, banks, banking
Virgin Money and Aberdeen Standard Investments form asset management JV

Virgin Money and Aberdeen Standard Investments have announced the formation of a joint venture to provide asset management services to customers.

20 Mar
hansteen industrial property warehouse reit
Cashed-up Hansteen to return £145m to shareholders

Industrial property investment company Hansteen sent a circular to shareholders over the return of £145m of capital on Tuesday, following its announcement on 5 February that it had agreed to dispose of the Industrial Multi Property Trust portfolio for £116m to an entity owned by Warehouse REIT, with completion expected to occur at the end of March.

20 Mar
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Michelin to buy Fenner in £1.3bn deal

French tyre manufacturer Michelin has agreed to buy UK engineering company Fenner in a deal worth around £1. 3bn.

20 Mar
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Hurricane Energy completes horizontal Xmas trees for Lancaster field

AIM-quoted hydrocarbon resources firm Hurricane Energy has completed two 'horizontal Xmas trees' at its early production system at its Lancaster Field operations.

20 Mar
NewRiver in deal to redevelop Basingstoke leisure park

Property company NewRiver said it had won a deal with Basingstoke and Deane Borough Council to redevelop a 66-acre leisure park in Basingstoke for an undisclosed sum.

20 Mar
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Imperial Brands sells US accessories and rollies brands

Imperial Brands has sold a range of accessories and roll-your-own brands in the US in an effort to simplify its business.

20 Mar
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London open: Stocks in the black as deal news provides a boost; inflation eyed

London stocks rose in early trade on Tuesday, with more deal news providing a boost as Fenner agreed to be bought by Michelin, while traders looked ahead to key inflation readings.