Company News
AEW UK REIT acquires assets in Portsmouth for £6.4m
AEW UK REIT, which directly owns a diversified portfolio of regional UK commercial property assets, has acquired 208-220 Commercial Road and 7-13 Crasswell Street in Portsmouth for a total sum of £6. 4m, the company announced on Thursday.
Former Labour cabinet minister accuses HSBC of "possible criminal complicity" linked to Gupta Scandal
Lord Peter Hain, a leading anti-apartheid campaigner who grew up in South Africa, has informed parliament that he had asked the UK Treasury to investigate an unnamed UK bank for "possible criminal complicity" regarding corruption allegations in South Africa.
Shell profit beats forecasts for third quarter
Royal Dutch Shell's third-quarter profit beat forecasts, rising by almost half to $4. 1bn (£3. 1bn) as Britain's biggest oil company benefited from rising oil prices.
European Metals completes infill drilling programme in Czech Republic - Cadence Minerals
Cadence Minerals reported on Thursday that European Metals, in which it has 20% equity stake, has completed a six core-hole infill drilling programme at the Cinovec Project in the Czech Republic.
Herencia Resources 'not aware of reason' for share spike
Shares in AIM minnow Herencia Resources spiked on Thursday but the company could not come up with any explanation.
Friday preview: Non-farm payrolls, UK services PMI, Smith & Nephew, TP ICAP
Friday completes a busy week with some key macroeconomic data in the form of a UK services sector survey and US non-farm payrolls, with results in London from the likes of Smith & Nephew and TP Icap.
AppScatter upbeat ahead of public platform launch
Business-to-business software-as-a-service app distribution platform provider appScatter Group updated the market on its operations on Thursday, ahead of the planned public launch of the appScatter platform later in November.
Bacanora Minerals secures land access to Sonora Project
Lithium exploration and development company Bacanora Minerals announced on Thursday that access and surface rights have been secured for its flagship Sonora Project in Mexico.
Property Franchise Group continues to reject Belvoir's advances
The Property Franchise Group issued a brief statement to the market on Thursday, in response to a possible merger offer with the company by Belvoir Lettings.
Eco Atlantic clears hurdle on path to drilling at Cooper
Eco Atlantic Oil & Gas has received partnership approval to release its public notice for Environmental Clearance Certificate (ECC), for drilling an exploration well within its Osprey Lead on its offshore ‘Cooper’ block (PEL30) in the Walvis Oil Basin in North Central Namibia, it announced on Thursday.
Steve Couldwell installed as new Tissue Regenix CEO
Regenerative medical devices company Tissue Regenix Group announced the appointment of Steve Couldwell as its chief executive officer on Thursday, effective immediately.
NetScientific's Glycotest gets Chinese patent allowed
Healthcare intellectual property commercialisation company NetScientific announced on Thursday that a Chinese patent exclusively licensed to one of its portfolio companies, Glycotest, has been allowed.
Indivior sales and profits grow in third quarter
Indivior is confident of hitting its full year targets after a solid third quarter of sales and profits growth.
Conygar Investment gets planning permission for 80-bedroom hotel
AIM-listed real estate developer Conygar Investment said on Thursday that the Isle of Anglesey County Council has granted detailed planning permission for an 80-bedroom hotel at Parc Cybi, on the outskirts of Holyhead.
GVC offloads Turkey operations, seen as clearing way for bookie deal
GVC Holdings announced the sale of wholly-owned Turkish-focused subsidiary Headlong to Ropso Malta on Thursday, which sparked off rumours that the online gaming group was looking to launch a major takeover deal.
ASOS launches 'try before you buy' option on app
We've all done it. You buy a load of clothes online only to find they don't fit and you have to wait what seems like an eternity for the cash to make its way back into your bank account.
BT fails to impress with dividend as profits declines persist
Sales and profits both declined at BT Group in the first half, as expected, but after amid persistent challenges in some parts of the business the telecoms giant defied some doubting Thomases by maintaining its interim dividend.
Mporium appoints search guru Ohrn as chief technology officer
Event-driven marketing technology company Mporium Group announced the appointment of Aleksander Øhrn as its chief technology officer on Thursday, with immediate effect.
Norcros agrees to buy Merlyn in £60m deal
Supplier of branded showers, taps, bathroom accessories, tiles and adhesives Norcros has agreed to acquire branded shower enclosure designer and distributor Merlyn Industries for total consideration of £60m on a debt free, cash free basis, it announced on Thursday.
Telit Communications says not being formally investigated by FCA
AIM-listed Internet-of-Things enabler Telit Communications acknowledged press speculation on Thursday that the Financial Conduct Authority is conducting an investigation into the company, insisting it is not under formal investigation.