Company News
BGEO's Bank of Georgia draws down second loan to support SMEs
BGEO Group's banking arm has drawn down 135m Georgian lari (£38. 5m) from the European Bank for Reconstruction and Development.
Asiamet Resources wins licence to begin production at Indonesian asset
Indonesia-focussed exploration and development group Asiamet Resources has been granted the key production license required to advance its Beuton copper-gold project to the development stage.
Mothercare warns on profits as efforts to 'protect brand' hurt sales
Retailer Mothercare has warned that profits are likely to be less than half the level expected as management held off from discounting as long as possible despite challenging UK and international trading.
Micro Focus half year profits soar 28.7% as HPE buy kicks in
Software group Micro Focus said interim pre-tax profits rose 28. 7% to $145. 7m after the acquisition of Hewlett Packard Enterprise's software unit helped to increase revenue.
Gem Diamonds recovers two high quality diamonds from Letseng
Gem Diamonds has recovered high quality 117 and 110 carat, D colour Type IIa diamonds from the Letšeng mine in Lesotho.
Coats appoints Ann Fahy as non-executive director
International thread maker Coats Group said it had appointed Anne Fahy as a non-executive director, effective March 1, 2018.
Babcock to lead bid consortium for new UK frigate contract
Babcock on Monday said it would lead a bespoke team of industry partners in a bid for the UK Ministry of Defence's new £1. 25bn Type 31e general purpose light frigate programme.
TP Icap acquires US-based energy and commodities broker SCS
TP Icap has strengthened its energy and commodities division with the acquisition of US-based energy and commodities broker SCS Commodities for an undisclosed cash sum and further performance-related amounts over five years.