Company News
Open banking fails to take off - survey
Less than 10% of British consumers are using so-called open banking services – with most not even understanding what the term means.
Tuesday preview: Brexit talks, US housing data, easyJet in the spotlight
Barring surprises, the market spotlight on Tuesday will continue to be on the talks between London and Brussels on the outline of their future relationship, the terms of which may help to ease passage of the Withdrawal agreement in Parliament.
Prime People profits more than doubled under new accounting policy
Prime People reported on Monday that its interim profits doubled following the adoption of new accounting standards, although management remained cautious due to "the uncertainties" hanging over UK markets.
Haydale Graphene Industries soars on Thai anti-counterfeiting agreement
Haydale Graphene Industries’ shares soared on Monday after the company signed an exclusive licence agreement with Thai outfit TKS Siampress Management.
Indivior's schizophrenia treatment gets FDA green light
Indivior's extended-release injectable treatment for schizophrenia in adults has been approved by US drug regulators.
DekelOil confirms award of contract for cashew project works
West Africa-focussed agriculture company DekelOil Public announced on Monday that, following a competitive tender process, Capro CI SA had awarded a contract for the construction of civil works and associated infrastructure for its large-scale cashew processing project at Tiebissou in Cote d'Ivoire.
Idox chairman Laurence Vaughan steps down
Idox said on Monday that chairman Laurence Vaughan has stepped down with immediate effect.
Greatland Gold upbeat on 'exceptional' lab results from Havieron
Precious and base metals exploration and development company Greatland Gold announced “exceptional” laboratory assay results from its first drill hole, HAD005, on its current campaign at the 100%-owned Havieron licence in the Paterson region of Western Australia on Monday.
Total Produce's Dole investment sees fall in earnings
Fresh produce company Total Produce updated the market on its Dole Food Company investment on Monday, having completed the acquisition of 45% of the issued share capital of Dole on 31 July.
Barloworld confirms talks with Caterpillar as revenues improve
South Africa’s Barloworld is in talks to buy a business from America's Caterpillar, after offloading an underperforming unit earlier this year.
Profits rise at 600 Group as pension deal cuts risks
Machine tools manufacturer 600 Group reported on Monday that its interim profit before tax enjoyed a healthy increase as revenues crept upward and its order book expanded.
Exploration 'out of favour' says Botswana Diamonds as losses widen
Botswana Diamonds is struggling to attract investors, the precious minerals explorer said on Monday, depressing both its share price and its ability to raise funds.
Rockfire Resources leaps after 'bonanza' gold find
Rockfire Resources soared on Monday after intersecting “bonanza grade” gold in recent drilling at the Double Event Prospect in Queensland, Australia.
Imaginatik slashes costs but losses persist
Losses widened at Imaginatik in a challenging half-year as new business slowed down in the wake of the innovation consultant's strategic review.
Cimarex to buy Resolute Energy for $1.6bn
Shares in Resolute Energy surged in pre-market trade on Monday as it agreed to be bought by larger rival Cimarex for around $1. 6bn.
MTI Wireless Edge's revenues climb due to summer merger
MTI Wireless Edge’s shares enjoyed a boost on Monday after the Israeli outfit said revenues for the first three quarters had jumped after its recent merger.
EU Supply receives sixth contract with existing customer
Electronic procurement software provider EU Supply has received its sixth contract pursuant to the framework agreement entered into with an existing customer for additional services to its CTM platform, it announced on Monday.
Sales stagnates across pub and restaurant sector - survey
British pubs and restaurants saw growth stagnate in October, as the sector wrestled with stiff competition, curtailed spending and rising costs.
'Millions wasted' on all-consuming Brexit, slams CBI chief
The director general of the CBI has lambasted the millions wasted by business preparing for a no-deal Brexit as she called on government and the private sector to work more closely together.
Kromek wins $7.8m baggage screening contract
Kromek on Monday secured a new long-term supply contract to develop and deploy next-generation detector modules for a minimum of $7. 8m.