Latest News
Oracle founder confirms $1bn stake in Tesla
Oracle founder Larry Ellison announced on Tuesday that he holds a $1bn stake in the electric car maker Tesla.
US open: Positive open on the Street despite sombre jobs report
US stock opened higher on Tuesday as investors grew hopeful that the latest round of talks between the US and China would ease trade tensions.
Sika makes takeover offer for Parex
Swedish chemicals group Sika has made an offer to acquire French rival Parex for 2. 5bn Swiss francs (£2bn) from current owner CVC Capital Partners.
Carr's says trading in line as it calls for more clarity on Brexit
Agriculture and engineering group Carr's said on Tuesday that it was trading in line with the board's expectations for the year, as it urged more clarity over the UK's future trading relationship with the EU.
Accrol profits wiped out by macro factors
Toilet paper supplier Accrol has seen its profitability "considerably" impacted after it remained sensitive to external macro-economic variables and increasing paper costs in the first half of its trading year.
Ilika joins wireless sensor demonstration project
Solid-state battery technology company Ilika has entered into a demonstration project to deploy its ‘Stereaxâ M250’ batteries to power an autonomous wireless sensor for environmental sensing and asset tracking, it announced on Tuesday.
BoA Merrill Lynch ups Rotork and Vesuvius, downgrades Smiths
Rotork and Vesuvius rallied on Tuesday as Bank of America Merrill Lynch upgraded both stocks as part of a broader note on capital goods.
ITV deal with Sky could be near, Liberum suggests
A tie-up between broadcaster ITV and Sky was looking more likely after the Disney-owned company signed a deal with STV at the start of the week, broker Liberum said on Tuesday.
Independent Oil & Gas expands core project in Southern North Sea
Independent Oil and Gas updated the market on its core development project in the UK Southern North Sea (SNS) on Tuesday, reporting that the two-phase project had been expanded to include the 108 BCF of 2C contingent resources assigned to the Goddard discovery by ERC Equipoise.
US and China narrow differences on trade, reports say
American and Chinese negotiators have reportedly made progress in talks, including on purchases of US goods and services, but the two sides are still not ready to finalise a deal.
Serco and Mears score UK asylum accommodation contracts
The Home Office has awarded its asylum accommodation and support services contracts to Mears and Serco.
WANdisco launches new SQL solution engineered with IBM
WANdisco has launched a new joint engineered solution with IBM to support relational database technology for the first time, significantly expanding its addressable market, it announced on Tuesday.
Codemasters teams up with NetEase to develop new mobile game
Video game developer and publisher Codemasters has entered into a joint development agreement with Nasdaq-listed NetEase - a China-based internet and online game services provider - to develop a new mobile game for the global market, it announced on Tuesday.
Kingswood Holdings snaps up finance veteran Patrick Goulding
Integrated wealth management group Kingswood Holdings announced on Tuesday that Patrick Goulding had joined its board as group finance director.
UK could be hit by new 'Beast-from-the-East', forecasters warn
Rising energy demand and travel chaos could be on the horizon as forecasters warn the UK may soon be plunged into sub-zero temperatures in a repeat of last year’s ‘Beast-from-the-East’.
San Leon Energy welcomes Eroton refinancing at OML 18
Africa-focussed oil and gas development and appraisal company San Leon Energy updated the market on the OML 18 reserves-based lending (RBL) facility held by Eroton, the operator of OML 18, on Tuesday.
Yourgene Health launches Sage 32 plex test
Molecular diagnostics group Yourgene Health announced the launch of the ‘Sage 32’ plex test - a high throughput non-invasive prenatal testing (NIPT) and analysis solution for clinical laboratories - on Tuesday.
Production volumes fall for Volga Gas in December
Russia-focussed oil and gas exploration and production group Volga Gas announced its average production volumes for December, and for the full 2018 year on Tuesday, reporting that in December, average gas processing capacity utilisation decreased by 4% compared to November.
Landore celebrates 53pc improvement in BAM Gold Deposit resource
Landore Resources reported its updated mineral resource estimate on the BAM Gold Deposit on its Junior Lake Property in Ontario, Canada on Tuesday, saying the new modelling had “significantly increased” the resource to 28,826,000 tonnes at 1. 03 grams per tonne, for 951,000 ounces of gold.
Electrocomponents surges on UBS, Jefferies upgrades
Electrocomponents surged on Tuesday as Jefferies upped the stock to 'buy' from 'hold' and UBS pushed it up to 'buy' from 'neutral'.