Company News
Phoenix Global scores revenue rise as oil prices drive upward
Upstream oil and gas company Phoenix Global Resources on Monday reported an increase in interim revenues on the back of higher oil prices.
Over 3000 Jaguar Land Rover staff put on three-day week
Car maker Jaguar Land Rover announced on Monday it would fight job cuts by moving 3,000 staff to a three-day week until Christmas at the Castle Bromwich plant in the West Midlands.
Tuesday preview: US-China trade, Ocado in focus
The spotlight on Tuesday may well end up being on China's response to America's decision to levy a 10% tariff on $200bn-worth of the Asian giant's goods exports.
Restore profits boosted by improved margins and acquistions
British office services provider Restore saw revenues and profits move ahead in the first half of its trading year thanks, in part, to a good initial contribution from its recent acquisition of TNT Business Solutions.
Surface Transforms doubles revenues at new home on Merseyside
High-performance ceramic brake disk manufacturer Surface Transforms on Monday reported reduced annual losses even though revenues almost doubled during the year ended 31 May.
Boohoo appoints Primark's John Lyttle as CEO
Fast fashion retailer Boohoo has poached Primark's chief operating officer, John Lyttle, for the role of chief executive.
Unilever shareholders raise opposition to HQ relocation plans
A major shareholder in Unilever has pledged to vote against the consumer goods giant's plan to relocate headquarters from Britain to the Netherlands.
Tri-Star Resources narrows loss as it nears completion of Oman project
Mining and minerals processing company Tri-Star Resources announced its unaudited results for the six months ended 30 June on Monday, reporting that its principal activities during the period continued to be its investment in an antimony and gold production facility in the Sultanate of Oman.
W Resources adds more experience to board
Tungsten, copper and gold mining company W Resources announced the appointment of Pablo Neira and James Argalas as non-executive directors, who were joining the board with immediate effect.
ClearStar swings to EBITDA profit in first half
Background check technology and service provider ClearStar announced its unaudited results for the six months ended 30 June on Monday, reporting an 11% improvement in revenue to $9. 9m.
Greatland Gold launches second drilling programme at Western Australian asset
Greatland Gold has kicked off its second drilling programme at its Havieron asset in order to test the extent and direction of a high-grade zone of gold and copper mineralisation uncovered during the firm's maiden drill campaign.
Serinus Energy reports decent flow test results from Moftinu
Serinus Energy announced the flow-test results of the Moftinu 1003 well on Monday, which it had previously announced was drilled to 1,600 metres.
Ariana Resources preparing drilling programme at Ivrindi
Turkey-focussed exploration and development company Ariana Resources announced the results of recent exploration and development work at the Ivrindi Gold Project on Monday.
Prospex narrows losses as it makes good development progress
Investment company Prospex Oil and Gas issued its interim results for the six months ended 30 June on Monday, reporting “rapid progress” being made across its three key investment assets.
First gas confirmed at Bainet by Prospex
Investment company Prospex Oil and Gas has been advised by operator Raffles Energy that first gas production has commenced from the Bainet gas field at the EIV-1 Suceava Concession in North East Romania, it announced on Monday.
ShoreCap profits creep up amid investment in corporate broking
Rising costs and increased investment in corporate broking dragged on profits growth at stockbroker Shore Capital in the first half of the year but were mostly offset as profits accelerated in asset management.
Frontera in dispute with Yorkville Adviser fund over loan conerns
Frontera Resources is locked in a dispute with investment company Yorkville Advisors after raising serious concerns over the validity of the Cayman Islands-based group's calculations.
Quarto narrows losses in first half
Improved revenues and profit margins helped illustrated books publisher Quarto narrow losses throughout the first half of its trading year.
Creo Medical grants distribution extension to Pentax
Surgical endoscopy firm Creo Medical entered into an addendum to its distribution agreement with Pentax Medical on Monday, extending Pentax’s distribution rights for the Asia Pacific region.
MP Evans' increase in production fails to boost profits
Indonesian palm oil producer MP Evans on Monday reported that its half-year profits decreased despite a 27% increase in production to 91,900 tonnes.