News And Announcements
Amazon workers in Europe strike during Prime promotion event
Amazon workers from Spain, Germany and Poland have walked out on strike over demands for better working conditions, choosing to do so on the same date as the retail giant’s big promotional push.
Netflix shares dive over missed subscriber growth projections
Netflix shares plunged as the entertainment streaming company missed its subscriber forecasts by one million for the second quarter.
RBS welcomes debt upgrade from Moody's
Credit agency Moody's upgraded its rating on Royal Bank of Scotland's senior debt on Tuesday, also changing its outlook to 'positive'.
Huntsworth buys 90pc of Giant Creative in $72m deal
Healthcare and communications group Huntsworth announced on Tuesday the acquisition of 90. 2% of the membership interests of Giant Creative Holdings - a limited liability company and parent of Giant Creative Strategy - from Shamrock Capital Growth Fund III and its affiliates, and Giant's former and existing management, for a cash consideration of $72. 2m funded from existing debt facilities.
EMIS Group ends first half in line
Connected healthcare software and services provider EMIS Group updated the market for the six months ended 30 June on Tuesday, reporting that trading for the half year had been in line with the board's expectations, with revenue ahead of the comparative period as the group continued to benefit from strong market shares, high levels of recurring revenue and good visibility in its order books and pipelines.
Empresaria buys majority share of Grupo Solimano
International specialist staffing group Empresaria announced the acquisition of a 60% interest in Grupo Solimano on Tuesday, which it described as an established provider of outsourced and temporary staffing services in Peru.
Falanx expands further with acquisition of Secure Storm
Cyber security and intelligence provider Falanx Group announced the acquisition of Secure Storm on Tuesday, which it said was in line with its strategy of increasing value in the high-growth cybersecurity market.
Flying Brands' IB joins multi-centre cancer trial
Flying Brands announced on Tuesday that its wholly-owned subsidiary Imaging Biometrics and the American College of Radiology Imaging Network had united efforts in a multi-centre Phase II trial sponsored by the Eastern Cooperative Oncology Group-ACRIN Cancer Research Group.
BAE to supply ground control tech for ESA space missions
BAE Systems will supply ground control equipment to Goonhilly Earth Station in Cornwall to allow the European Space Agency to track and communicate with manned and robotic missions to the moon and mars.
Greatland Gold to begin new exploration programme at Black Hills
Precious and base metals exploration and development company Greatland Gold announced a new exploration programme at its 100%-owned Black Hills licence in the Paterson region of Western Australia on Tuesday.
Arsenal assisting fraud investigation at Chinese car manufacturer sponsor
Premier League football club Arsenal is understood to be assisting a Chinese investigation into carmaker BYD, whom the club entered into a sponsorship deal with in April.
Standard Life Aberdeen gains from HDFC float pricing
Standard Life Aberdeen's stake in India's HDFC Asset Management Company has been valued at least at £970m ahead of a planned flotation on the Bombay Stock Exchange.
Royal Mail monitors GDPR effect as letter declines accelerate
Royal Mail said it was monitoring the impact of new data regulations on business customers after letter volume declines accelerated but the postal operator said on Tuesday that trading was in line with its expectations.
Volution buys Denmark's Air Connection for £2.8m
Ventilation products supplier Volution has bought Danish rival Air Connection for DKK23. 8m (£2. 8m) in cash in a deal that will be funded from cash and banking facilities.
Galliford Try issues solid year-end update
Housebuilding, regeneration and construction group Galliford Try said its Linden Homes business should report “strong” overall performance and further significant improvement in margin in the year to 30 June, representing “very good progress” against its strategic objectives.
NCC swings back to profit after turbulent period
NCC Group swung back into profit last year as the cyber security and risk company overhauled its strategy after a turbulent period.
TalkTalk revenue rises 4.1% in Q1, adds 80k broadband customers
TalkTalk posted a jump in first-quarter revenue on Tuesday as customer numbers grew and the company said it was on course to add another 150,000 new customers this year.
Safestyle fails to get injunction against Safeglaze, fined over sales tactics
Bradford-based double glazing company Safestyle said on Tuesday that it had been unsuccessful in its attempt to secure interim injunctive relief against the use of the Safeglaze brand, which is a competitor it has filed legal proceedings against.
Smurfit Kappa developing fancy new paper
Smurfit Kappa announced the development of a range of multi-purpose paper on Tuesday, which it said would be suitable for both digital and flexographic printers.
Anglo American subsidiary invests in platinum technology funds
Anglo American announced on Tuesday that its 78%-owned subsidiary Anglo American Platinum, via its own subsidiary Anglo Platinum Marketing, has subscribed for interests in two UK-based venture capital funds with a total aggregate commitment of $100m.