Company News
China Nonferrous Gold inches closer to finalising infrastructure at Pakrut
Mineral exploration and mining company China Nonferrous Gold updated the market on operations at the Pakrut gold project it was currently mining in the Republic of Tajikistan on Friday.
Tungsten Corp becomes fully-registered e-invoicing intermediary in Italy
Tungsten Corp, trading as Tungsten Network, has completed final testing with the Sistema di Interscambio tax authority in Italy to become a fully-registered intermediary for business-to-business electronic invoicing in that country, it announced on Friday.
MRS Services secures shutdown refurbishment contract
MRS Services Group has secured a contract for the structural refurbishment of six front line excavators in upcoming shutdown projects, it announced on Friday.
Eagle Eye maintains momentum after 'breakout' 2018 year
Investors in software-as-a-service technology company Eagle Eye Solutions Group were told on Friday that its momentum seen in the year ended 30 June had carried over into the new financial year, as they gathered for the annual general meeting.
Fruquintinib fails to meet primary endpoint in latest Chi-Med trial
Hutchison China MediTech announced that the FALUCA trial did not meet the primary endpoint to demonstrate a statistically significant increase in overall survival compared to placebo on Friday.
Live Company announces new dinosaur-themed LEGO show
Live Company announced on Friday that ‘Bricklive Brickosaurs’, a brand new LEGO brick touring show built by model-building company Bright Brights, would make its worldwide debut at Marwell Zoo from April to September next year, before touring around Europe.
First order for IQ-AI's kidney stone software rolls in
IQ-AI is pleased to announce the first commercial sale of its StoneChecker Software after its South Korean distributor received an order from a major hospital on the peninsular.
Gusbourne renews loan facility with Barclays
Gusbourne announced on Friday that it has renewed its existing loan facility of £2. 03m with Barclays Bank for a further three years.
Oilex wins battle against JV partner, set to receive £3m settlement
Exploration and production outfit Oilex shares plummeted in early trading despite its joint-venture partner having finally submitted the 300m rupees (£3. 25m) it had been ordered to do by the High Court of Gujarat earlier in the month.
UK banks lose two-thirds of branches in past 30 years - Which?
UK banks have shed two-thirds of their branch network in the past 30 years, instead ploughing millions into the Post Office to serve people’s basic banking needs, a new study from Which? has revealed.
Pennon's Viridor ups stake in UK waste-to-power plant
Pennon said on Friday that its waste recycling business, Viridor, has upped its stake in UK waste-to-power plant the Runcorn I Energy Recovery Facility for £54. 5m.
Tomco Energy's shares suspended after broker quits
Trading in shares of TomCo Energy was suspended on Friday after SVS Securities resigned as broker and terminated a previously announced placing agreement.
Alpha Real Estate Trust's net asset value grows on German acquisition
AIM-listed trust Alpha Real Estate saw its net asset value grow across the first half of its trading year, leading it to up its interim dividend by 50%.
MBL struggles to return cash to investors, shares tank
MBL Group has been working hard to return some cash to investors, despite receiving only "limited communications" from its major shareholders.
Empyrean raises £1m via placement
AIM-listed oil and gas development company Empyrean Energy issued 10. 28m new ordinary shares at a price of 10p each on Friday, raising £1. 02m in the process.
Karelian losses widen as work begins at Lahtojoki asset
AIM-listed explorer Karelian Diamonds saw losses widen throughout its "year of exploration success".
Hipgnosis acquires Despacito songwriter's catalogue
Hipgnosis Songs Fund has acquired the music catalogue of Jason Boyd, an American songwriter and producer better known by his stage name Poo Bear.
RBS cleared from FSB list of global systemically important banks
RBS has dropped out of the Financial Stability Board's list of global systemically important banks, which should translate into lower funding costs for the lender.
Blackberry to buy AI and cybersecurity group Cylance for $1.4bn
Blackberry has agreed to buy artificial intelligence and cybersecurity company Cylance for $1. 4bn in cash.
Parkmead revenue surges on Nertherlands gas production
Independent energy group Parkmead reported a 70% increase in full-year revenue on Friday as its gross profit more than trebled thanks to enhanced gas production in the Netherlands.