Company News
15 Nov
Solo Oil enters $5m convertible loan agreement

Solo Oil has entered into a convertible loan agreement with institutional investors arranged by RiverFort Global Capital, it announced on Tuesday, for a total maximum commitment of $5m.

14 Nov
Wednesday preview: UK labour market data, results from Experian, Barratt, TalkTalk

Wednesday's unemployment and wage data will be examined after trading updates and results from the likes of Barrett Developments, Experian, Great Portland and TalkTalk.

14 Nov
IDOX announces increased revenue and profits ahead of full-year results

Information management solutions group IDOX said in a year-end trading statement on Tuesday that it had continued to deliver on its strategy throughout the year ended 31 October, growing both revenues and profits.

14 Nov
ep crj1000 bombardier
EgyptAir signs letter of intent to buy 24 Bombardier CS300 jets

From the sidelines of the Dubai Airshow, the President of Bombardier Commercial Aircraft, Fred Cromer, together with the CEO of EgyptAir Holding Company, Safwat Musallam, celebrated the signature of a letter of intent for a maximum of 24 CS300 aircraft.

14 Nov
JLT Mobile Computer inks new sales partnership with Datema AB

Leading developer and manufacturer of reliable computers for demanding environments, JLT Mobile Computers, entered into a new sales partnership with Datema AB, a full-service provider of complex IT solutions for the Nordic countries.

14 Nov
Parallel Media Group receives further loans to meet its contractual obligation

Leading event marketing and media agency Parallel Media Group announced on Tuesday that David Ciclitira, the chairman of the group, has provided new loans to the group amounting to £83,724 in aggregate.

14 Nov
Altus Strategies extends deadline for completing definitive documentation

Africa-focused exploration project generator Altus Strategies and Legend Gold Corp, together, announced on Tuesday the deadline extension for completion of definitive documentation for their tie-up from 14 November to 20 November.

14 Nov
ep chateando gentemovi usandomovil jovenessmartphone
AppScatter to launch platform on 22 November

App distribution software-as-a-service provider AppScatter Group announced on Tuesday that the formal launch of its appScatter platform has been set for 22 November.

14 Nov
Tesco aims for 2018 Booker takeover as CMA waves deal through

Tesco's controversial takeover of wholesaler Booker has been given provisional clearance by the UK competition authority after an in-depth review, though one analyst bemoaned "what on earth is going on?" and said it could presage other major mergers.

14 Nov
Abcam starts new financial year on a positive note

Investors in life science research tools supplier Abcam were told that the new financial year had started “positively” on Tuesday, as they gathered for the company’s annual general meeting.

14 Nov
Sainsburys store, retail, supermarkets, Sainsbury's
Supermarkets surf food inflation wave to grow sales - Kantar/Neilsen data shows

Food price inflation breaking through to a four-year high has helped supermarket sales in recent weeks, with Sainsbury’s and Tesco both enjoying a strong period of growth, according to surveys released on Tuesday.

14 Nov
Money coins pound
Frenkel Topping trading 'significantly ahead' of 2016

Specialist independent financial advisor and asset manager Frenkel Topping updated the market on its trading for the current financial year on Tuesday, reporting that its performance in the year to 31 October has been “significantly ahead” of the same period in 2016, and was broadly in line with expectations.

14 Nov
cadena blockchain
Renold reports mixed results for first half of trading year

UK-based power transmission products manufacturer Renold posted a mixed set of results on Tuesday, increasing group revenue in the first half of trading while watching its operating profits slide.

14 Nov
ep socialpublicom obtieneeawards
Directa Plus's Graphene Plus membrane and G+ printed fabrics granted international certification

It has emerged on Tuesday that Complife Italia Srl, the independent toxicity testing organisation, has granted international certification to Directa Plus's Graphene Plus membrane and G+ printed fabrics.

14 Nov
Escher Group sees no additional licence sales in 2H

The global provider of outsourced, point of service software, Escher Group, has announced on Tuesday that it will not close additional licence sales as expected in the second half of 2017, due to the postponement of major contracts.

14 Nov
ep cirugia plastica
Strong LED revenues at Carclo offset softer performances elsewhere

UK-based manufacturer Carclo posted a strong performance from its LED technologies wing in the first half, offsetting a decrease in profits from it technical plastics operations.

14 Nov
Binary options to be regulated by FCA from January

The City watchdog will begin policing firms offering binary options from January and issued a warning to consumers about the risk of investing in such high-risk, speculative products.

14 Nov
cash money sterling pay deal offer acquisition m&a
Sareum Holdings raises £700k in placing to progress drug development

AIM-listed Sareum Holdings has raised £700,000 before expenses through a placement of 1 million shares, which will be used to progress the company’s drug development programmes and for working capital purposes.

14 Nov
wind, windfarm, turbine, renewable, green
Ilika to deploy solid-state battery technology for condition monitoring of turbine blades

British group Ilika announced on Tuesday it had finalised a partnership with a Chinese wind turbine manufacturer that would see its Stereax solid-state battery powered devices used to monitor the condition of the turbines.

14 Nov
numbers, money, calculating, investment, finance
Vietnam Holding Asset Management sells stake in Traphaco

Value-investor Vietnam Holding Asset Management (VNH) "successfully" divested its stake in Traphaco Joint Stock Company, a leading pharmaceutical firm, the outfit announced on Tuesday.