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Latest News
13 Sep
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Turkish lira slips as Erdogan calls for interest rate drop

The Turkish lira jumped on Thursday after the country's central banked opted to raise interest rights despite President Recep Tayyip Erdogan having called for a cut earlier in the day.

13 Sep
china
Asia report: Markets higher as US opens door to further talks with China

Markets in Asia finished their sessions in mostly positive territory on Thursday, after reports that Washington was prepared to go another round of trade negotiations with Beijing amid the threat of possible World Trade Organisation sanctions.

13 Sep
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London midday: Stocks edge lower as BoE stands pat; retailers in focus

London stocks had fallen into the red by midday on Thursday amid weakness in the retail sector, as the Bank of England stood pat on policy as expected.

13 Sep
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CPP acquires stake in Indian business process management firm Globiva

CPP has looked to expand its interest in India with a strategic investment in local business process management outfit Globiva.

13 Sep
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RedT losses widen 'in line with management expectations'

RedT Energy saw losses widen in the six months leading to 30 June as the industrial energy storage outfit completed most of its scaling up for growth.

13 Sep
drilling oil
Sound Energy prepares for 'potentially transformational' drilling works

Sound Energy assured shareholders it was ready for a new and "potentially transformational" phase of drilling across its Moroccan assets.

13 Sep
biffa
Biffa hunting for acquisitions after trading lives up to expectations

Biffa said in a trading update on Thursday that it may make more acquisitions this year after first-half trading kept the company on course to meet full year expectations.

13 Sep
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May to reveal no-deal Brexit preparations as DUP backs Tory hardliners

Prime Minister Theresa May is set to hold a special three-hour cabinet meeting to discuss plans for a no-deal Brexit in the increasingly likely case that her Chequers deal is rejected as she loses support from Northern Irish allies the DUP.

13 Sep
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Rail regulator wants more competition for ticket barriers, vending machines

The Office of Rail and Road (ORR) announced on Thursday that it would press the industry to improve competition, value and innovation in automatic ticket gates and ticket vending machines.

13 Sep
rolls royce engineering
Ricardo enjoys record orders and revenue boost

Engineer Ricardo on Thursday reported an increase in annual revenue driven by success in the Asian market and a record order intake.

13 Sep
Majestic Wine, chief executive Steve Lewis, drinks
RBC Capital starts Majestic at 'outperform', says Naked Wines is undervalued

RBC Capital Markets initiated coverage of Majestic Wine at ‘outperform’ with a 550p price target on target on Thursday, saying its analysis has shown that Naked Wines is deeply undervalued.

13 Sep
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Mobile Streams launches mobile crypto product in Argentina

Emerging markets-focussed mobile media company Mobile Streams announced the launch of Electroneum on Thursday, which it described as “the world's first” enablement cryptocurrency, onto a leading telecom operator channel in Argentina.

13 Sep
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Constellium expanding Germany plant for 'premium sports car' parts

Dutch aluminium products manufacturer Constellium has expanded its operations in Dahenfeld, Germany to increase its supply of aluminium automotive structures, it announced on Thursday.

13 Sep
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Anoto Group adds new CFO to management committee

Anoto Group has appointed Rui Sousa as its chief financial officer, it announced on Thursday.

13 Sep
Astrazeneca
Surgical Innovations confirms CE mark certification for 'CELLIS' range

Innovative medical technology designer and manufacturer Surgical Innovations Group updated the market on the CELLIS range of products supplied to its UK distribution business, Elemental Healthcare, by Meccellis Biotech on Thursday.

13 Sep
John Lewis, retail
John Lewis profits tumble in first half

First-half profits at John Lewis tumbled nearly 99%, with gross margins squeezed by discounting to keep up with competitors as the retailer warned that it continues to expect profit for this year to be "substantially lower" than the last.

13 Sep
takeda pharmaceutical hospital japan
Faron losses widen following disappointing Traumakine trial

Faron Pharmaceuticals' operating loss doubled in the first half of its trading year following the group's disappointing trial on its Traumakine treatment.

13 Sep
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GVC Holdings first half profits rise, identifies more cost savings

GVC Holdings posted a jump in half-year pre-tax profit on Thursday as revenue rose amid strong momentum in the online and European retail segments and thanks to a boost from the World Cup, as it identified further cost savings from its Ladbrokes Coral acquisition.

13 Sep
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London open: Stocks steady as investors eye BoE, ECB rate announcements

London stocks were steady in early trade on Thursday as investors looked ahead to the latest rate announcements from the Bank of England and the European Central Bank.

13 Sep
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Bushveld takes holding in Vametco to 75pc through $20m transaction

Vanadium producer Bushveld Minerals has completed the acquisition of a 21. 22% interest in Strategic Minerals Corporation, an intermediate holding company of Vametco Alloys, from Sojitz Noble Alloys for a total cash consideration of $20m, it announced on Thursday.