News And Announcements
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.
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.
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.
Hornby rallies on licensing agreement with Warner Bros
Hornby shares rallied on Monday after investors received some much-needed good news as the beleaguered model train set maker announced a licensing agreement with Warner Bros Consumer Products.
ITV dips on reports of interest in MasterChef producer Endemol
ITV shares fell on Monday after weekend reports linking it with the potential acquisition of the production company responsible for MasterChef, Big Brother and Peaky Blinders.
Petra Diamonds earnings rise, CEO Dippenaar to step down
Petra Diamonds posted a rise in full-year adjusted earnings on Monday as it announced the departure of long-serving chief executive officer Johan Dippenaar.
Acquisitions drive first-half growth at Warpaint London
Colour cosmetics specialist Warpaint London issued its unaudited interim results for the six months ended 30 June on Monday, reporting a 38. 7% rise in sales to £18. 4m year-on-year.
Imaginatik confirms further delay with equity investment
Corporate innovation management provider Imaginatik updated the market on its potential equity investment on Monday, confirming that the investor was still in discussions to make a controlling equity investment in the company.
Real Estate Investors preparing for Brexit after solid first half
Midlands-focussed property group Real Estate Investors issued its unaudited half-year results for the six months ended 30 June on Monday, reporting a 2. 2% rise in gross property assets to £217. 8m.
Finsbury Food profit hit by Grain D'Or closure
Finsbury Food Group posted a drop in full-year pre-tax profit on Monday on the back of costs related to the closure of its loss-making London bakery.
M&G Prudential to take on £3.5bn of parent's debt
M&G Prudential will take on around £3. 5bn of subordinated debt when it demerges from Prudential Plc as part of a debt rebalancing process. subject to approval from its new board.
Polymetal becomes first Russian firm on Dow Jones Sustainability Index
Polymetal International has been included into the Dow Jones Sustainability Emerging Markets Index (DJSI) for the first time, it announced on Monday.
Sirius Minerals inks supply and investment deal with Cibra Group
Sirius Minerals announced the signing of a take-or-pay supply agreement between its wholly-owned subsidiary York Potash, OFD Supply and Cibrafertil Companhia Brasileira de Fertilizantes - the Cibra Group - for the supply and resale of POLY4 into Brazil and certain other countries in South America.