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Company News
17 Sep
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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.

17 Sep
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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.

17 Sep
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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.

17 Sep
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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.

17 Sep
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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.

17 Sep
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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.

17 Sep
Unilever, consumer goods, PG Tips
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.

17 Sep
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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.

17 Sep
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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.

17 Sep
internet computers
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.

17 Sep
randgold miner mining
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.

17 Sep
oil portada
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.

17 Sep
gold bars precious
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.

17 Sep
oilfield
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.

17 Sep
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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.

17 Sep
howard shore capital
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.

17 Sep
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.

17 Sep
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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.

17 Sep
Pharmaceuticals, drugs, health, medical
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.

17 Sep
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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.