COMPANY NEWS
28 Dec
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Friday preview: Single currency, euro area economic data in focus

The Friday after Christmas is expected to remain quiet in London, with little left on the corporate and economic calendar that might rouse traders from their festive stupor.

28 Dec
ITM Power, energy storage
ITM Power creates new Australian subsidiary

Energy storage and clean fuel company ITM Power has formed a new Australian subsidiary to develop the market for its rapid response electrolyser technology, which will be headed up by Neil Thompson as managing director.

28 Dec
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Telit Communications gets advanced waiver on banking convenants

AIM-listed Internet of Things provider Telit Communications said on Thursday that its leading financing bank has granted an advance waiver for the potential breach of covenants as at 31 December 2017.

28 Dec
Alliance Pharma completes acquisition of Vamousse from Tyratech

AIM-listed specialty pharmaceutical group Alliance Pharma has completed the acquisition of the worldwide rights to the Vamousse lice treatment range from Tyratech.

28 Dec
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Advanced Oncotherapy expects proton beam by third quarter of 2018

Advanced Oncotherapy expects its proton-beam cancer therapy to be able to begin treating tumours from its Harley Street base by the second half of next year.

28 Dec
Oil mining
Glencore, Randgold among miners opposed to Congo measures

Subsidiaries of Glencore, Randgold Resources and other mining companies operating in the Democratic Republic of Congo have asked lawmakers to rethink proposed new taxes and other measures.

28 Dec
camden high street retail shopping
OneView says results lower than desired after first-half loss

OneView said its results were worse than it would like due to long contract lead times as it posted a $2. 1m (£1. 6m) first-half loss from operations.

28 Dec
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EQTEC completes merger with Spanish sister company

Irish waste-to-energy specialist EQTEC resumed trading on AIM on Thursday with a new-look board of directors after it completed the reverse takeover of a fellow subsidiary of its Spanish parent company.

28 Dec
brick, build, construction
BGEO's m2 signs $11.6m contract to build Tbilisi shopping mall

BGEO said its m2 real estate subsidiary had signed a contract to build the shell and core of a new shopping mall and business centre in Tbilisi.

28 Dec
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Tritax buys warehouse operated by Unilever

Tritax Big Box REIT has paid £44. 25m for a distribution centre in Staffordshire operated by Unilever.