Latest News
Italian industrial production slips in April
Italian industrial output fell more sharply than expected in April, led by a drop in energy production.
Lok'nStore buys two new freehold sites
Self-storage company Lok'nStore has announced the acquisition of two new freehold sites, bringing its total secured pipeline to nine landmark stores.
Ofgem to look at licensing regime after Iresa fiasco
Ofgem outlined the scope of its review of its approach to licensing energy suppliers on Monday.
Randall & Quilter completes two US-focussed transactions
Randall & Quilter Investment Holdings announced the completion of two major transactions on Monday, including one to provide full finality to a California-based self-insurer by the R&Q owned A-rated carrier, Accredited Surety and Casualty.
Promising interim update from Evgen's STEM breast cancer trial
Clinical stage drug development company Evgen Pharma announced an encouraging interim update on STEM, its Phase II clinical trial in advanced breast cancer, on Monday.
Ocado rallies as Goldman upgrades to 'buy' on Kroger deal
Ocado got a boost on Monday as Goldman Sachs upped the stock to 'buy' from 'neutral' and hiked the price target to 1,160p from 540p as it assesses the global opportunity following news of the company's partnership with US-based grocery retailer Kroger last month.
Somero trading in line as it puts solid effort into China
Somero Enterprises told shareholders of “broad contributions” to its growth at the current early stage of the year, as well as positive market conditions it continued to see across its portfolio of territories, as they prepared for the company’s annual general meeting.
K3 pleased with performance of bizarrely-named 'ax I is fashion'
Business technology company K3 announced the signing of a new significant contract for "ax l is fashion" on Monday.
Premaitha Health teaming up with Canada's Coastal Genomics
Molecular diagnostics group Premaitha Health has signed an agreement with Coastal Genomics, a biotechnology engineering firm based in Vancouver, Canada, to develop advanced technologies for clinical DNA sequencing tests, it announced on Monday.
Jangada welcomes latest test results from Pedra Branca
South America-focussed platinum group metals project developer Jangada Mines announced positive results from its recent metallurgical test work on Monday, which was initiated to establish the optimal process flow sheet for the recovery of precious and base metals including chrome.
Impairment leads to wider losses at pre-revenue Chaarat
Exploration and development company Chaarat Gold posted its preliminary results for the year ended 31 December on Monday, a year in which it was still pre-revenue, but implemented a revised strategy to develop the Chaarat project through a phased approach.
Bigblu Broadband offloads 'non-core' Australian customer base for A$1.5m
Bigblu Broadband on Monday sold customers and infrastructure from its non-core subsidiary SkyMesh for A$1. 5m in cash to Australian connectivity services firm Superloop Ltd.
Monday broker round-up
Rio Tinto: Deutsche Bank downgrades to hold with a target price of 4,700p.
FastForward disposes of Aphria stake ahead of Canada's push to legalise recreational marijuana
UK investment firm FastForward Innovations completed the sale of its shares in cannabis oil producer Aphria on Monday ahead of legislation in Canada to legalise the use and sale of recreational marijuana.
UK's lead in foreign investment challenged by Brexit and 'Macron effect'
Paris has overtaken London for the first time to become Europe’s second-most attractive destination for foreign investors.
Triad earnings rise despite drop in revenue
Triad Group issued its results for the year ended 31 March on Monday, reporting revenue of £27. 8m for the period, down from £30. 9m year-on-year.
Idorsia taking insomnia treatment to Phase 3
Idorsia announced on Monday that the first patients had been enrolled into its Phase 3 registration program with ‘nemorexant’, a dual orexin receptor antagonist, for the treatment of adult and elderly patients with insomnia.
Harvest Minerals scores contract with fellow fertiliser producer
Natural fertiliser producer Harvest Minerals on Monday signed a contract with a Brazilian organic fertiliser producer for an initial order of 50kt of KPfértil.
Asia report: Markets mostly higher after disappointing G7 meeting
Markets in Asia finished mostly higher on Monday, as investors brushed off any depressed sentiment that might have come out of a less-than-impressive G7 meeting and ahead of a landmark meeting between Donald Trump and Kim Jong-un.
UK government to intervene on M&A deals with national security concerns
New rules have come into force to allow the government to intervene in potential takeovers by overseas companies of UK business developing technology with national security applications.