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GAN and Paddy Power Betfair expand US collaboration
Gambling software provider GAN has signed an extension to its long-standing partnership with Paddy Power Betfair in the US.
Proactis appoints Tim Sykes as new chief executive
eCommerce solutions provider Proactis appointed Tim Sykes as chief executive with immediate effect on Thursday, taking over from Hamp Wall who has stepped down from the board altogether.
US pre-open: Stocks to drop amid shutdown worries, China slowdown
US stocks looked set for losses at the open on Thursday amid concerns about the government shutdown and following weaker-than-forecast Chinese inflation data.
Quartix announces supplementary dividend following solid performance
Vehicle tracking specialist Quartix expects full-year revenues, profits and free cash-flow to be in line with forecasts after a solid performance from its core fleet business in the USA and France.
IndigoVision expects significant reduction in losses following strong sales
Edinburgh-based video surveillance outfit IndigoVision anticipates a significant reduction in losses after the group witnessed sales move ahead in its last financial year.
London midday: Stocks slightly lower amid retail update deluge
It was all about the retail sector on Thursday, with London stocks slightly weaker by midday as investors mulled updates from the likes of Marks & Spencer, Tesco and Halfords.
Jaguar Land Rover to lay off up to 5,000 workers
Jaguar Land Rover unveiled a cost savings plan on Thursday that will see cuts of up to 5,000 jobs in the UK.
Travel industry warns of flight disruptions from 'no-deal' Brexit
A warning over the lack of provisions to ensure flights between the European Union and Britain continue in a "no-deal" Brexit scenario has been voiced by the head of air transport group the International Air Transport Association.
Bank of Georgia appoints former CFO as new leader
Bank of Georgia confirmed the appointment of former chief financial officer Archil Gachechiladze as chief executive of the group and of JSC Bank of Georgia on Thursday.
Ford plans to cut thousands of jobs in UK and mainland Europe
Ford has announced a major shake-up of its European operations that will involve cutting thousands of jobs, exit unprofitable markets and discontinue loss-making vehicle lines.
DekelOil makes development progress as crude palm oil production falls
West Africa-focussed agricultural company DekelOil Public issued its production update for the 100%-owned vertically integrated Ayenouan palm oil project in Côte d'Ivoire for the year ended 31 December on Thursday, reporting full-year crude palm oil (CPO) production of 33,077 tonnes.
Tesco the Christmas star as value offer outshines rivals
Grocery sector market leader Tesco outshone its big four listed rivals over Christmas, with sales growth that exceeded the market and analysts' forecasts.
SigmaRoc strengthens focus on west and south west UK
Buy-and-build construction materials group SigmaRoc updated the market on two key developments in the continued roll-out of its growth strategy on Thursday.
Rurelec expecting payment progress after steam turbine overhaul
Rurelec announced on Thursday that it had been informed by the management of Energia del Sur, which owns and operates the 136 MW Southern Patagonian CCGT power plant in Argentina, that the major overhaul of the steam turbine had now been completed, and the combined cycle plant was now fully operational and available for dispatch.
MCH Group offloads Winkler Livecom in management buyout
MCH Group has sold its technical live communication service subsidiary Winkler Livecom AG in Wohlen to its management, and a private investor.
Diurnal awarded US patent for Chronocort product
Specialty pharmaceutical company Diurnal Group announced on Thursday that the US Patent and Trademark Office (USPTO) has granted a second US patent for its ‘Chronocort’ modified release hydrocortisone product.
Goldman downgrades Ted Baker, HSBC upgrades
Ted Baker was under pressure on Thursday as Goldman Sachs downgraded its stance on the fashion retailer to 'neutral' from 'buy' as its new target price of 2,150p, up from 2,000p, suggests about 1% upside versus an average of 17% for the bank's coverage.
SafeCharge sees record transaction volumes in 2018
Payments technology company SafeCharge updated the market on its trading for the year ended 31 December on Thursday, reporting that the “strong momentum” it announced in its last trading update on 28 November continued into December, with record revenues and transaction processing volumes in the fourth quarter.
Debenhams sales keep falling, but debt cut as bank talks start
Debenhams said it had cut debt and begun talks with lenders after a performance over the festive period that the troubled department store group said kept it on track for full year targets.
B&M European Value sales jump 12% in Q3
B&M European Value Retail posted a jump in third-quarter sales on Thursday as it hailed a "pleasing finish" to the quarter.