News And Announcements
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.
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.
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.
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.
EE and Virgin Media fined for overcharging customers who left contract early
Ofcom has levied £13. 3m in fines against EE and Virgin Media, it announced on Friday, for overcharging phone and broadband customers who wished to leave their contracts early.
Trakm8 warns on profits after dismal first half
Telematics and data insight provider Trakm8 Holdings issued its unaudited results for the six months ended 30 September on Friday, reporting a 38% decline in group revenue year-on-year to £8. 84m.
Metal Tiger and MOD go ahead with new joint venture
Metal Tiger said on Friday that, further to its announcements on 18 July and 1 November, both MOD Resources and itself had agreed to waive the only remaining condition precedent to enable completion of the sale of Metal Tiger’s interest in the T3 Project.
Seeing Machines appoints Paul McGlone to head up fleet business
Advanced computer vision technology company Seeing Machines has appointed Paul McGlone to head up its fleet division with effect from 19 November.
Good Energy 10-month trading 'slightly' ahead of expectations
Renewable energy group Good Energy said on Friday that it traded slightly ahead of management expectations in the 10 months to the end of October, with continued strong cash generation.
Sportech in talks about buying iLottery provider LOT.TO
Betting technology business Sportech announced a strategic alliance with iLottery provider Lot. to Systems (LOT. TO) on Friday and said it has entered exclusive negotiations with a view to buying the company.
Imperial blows vapour up the FDA after ecig crackdown
Cigarette maker Imperial Brands said it was developing a version of electronic cigarettes that could be locked to prevent possible underage use, after a fresh US regulatory crackdown on vaping.
Kier confident of meeting FY19; focusing on lowering debt
UK infrastructure group Kier Group said it was confident of meeting 2019 full year expectations, with results weighted towards the second half.