Full List Of Stories
London close: Benchmark closes lower amid concern over EU virus response
London’s benchmark closed lower on Wednesday, as investor consternation over the impact of the Covid-19 coronavirus pandemic continued after a meeting of EU finance ministers failed to yield an agreement on how to tackle the crisis.
SDX Energy upbeat on drilling operations at Sobhi well in Egypt
Middle East and North Africa-focussed oil and gas company SDX Energy updated the market on its drilling operations at the SD-12X, or Sobhi, well, where it has a 100% working interest, in the South Disouq Exploration Permit, onshore Nile Delta in Egypt, on which it has a 55% working interest.
Eden Research biofungicide gets organic approval for Italy and Spain
Biopesticides company Eden Research announced on Wednesday that its foliar biofungicide product ‘Mevalone’, branded ‘3LOGY’ in Italy and ‘Araw’ in Spain, has received certification for use in organic farming.
Samuel Heath sees 'material decrease' in orders
Samuel Heath & Sons updated the market on the impact of the Covid-19 coronavirus pandemic on Wednesday, reporting that it had seen the size of its order book “materially decrease”, as a number of its customers closed their operations, although some were still operating at reduced capacity.
Diversified Gas & Oil to buy Carbon Energy Appalachian assets
Natural gas, natural gas liquids, oil wells and midstream assets owner and operator Diversified Gas & Oil has signed a conditional purchase and sale agreement to acquire certain conventional Appalachian upstream and midstream assets from Carbon Energy Corporation and its affiliates, it announced on Wednesday.
Oxford Biomedica joins Covid-19 vaccine consortium
Gene and cell therapy company Oxford Biomedica has joined a consortium led by the Jenner Institute at Oxford University, it announced on Wednesday, to rapidly develop, scale-up and manufacture a potential vaccine candidate for Covid-19, called ‘ChAdOx1 nCov-19’.
Adriatic Metals continues 2020 drill programme
Adriatic Metals updated the market on its activities for the quarter ended 31 March on Wednesday, reporting that additional mineralised drill intercepts confirmed a “robust extension” of its high-grade mineralisation that remained open along strike.
Impact Healthcare confident in position amid coronavirus crisis
Impact Healthcare issued its final results for the year ended 31 December on Wednesday, explaining that it was the first year of implementing its progressive dividend policy, aiming to grow its target dividend in line with the inflation-linked rental uplifts received in the previous year.
Real Good Food looking at period of depressed demand
Real Good Food updated the market on its trading for the financial year ended 31 March on Wednesday, as well as the impact of the Covid-19 coronavirus pandemic, reporting that revenues for the year were “broadly in line” with its expectations, although performance was impacted in March due to the pandemic.
Concepta raises £1.9m through placing and subscription
Personalised healthcare company Concepta has conditionally raised gross proceeds of £1. 9m via a placing and subscription, and the issue of convertible loan notes, it announced on Wednesday.
Baron Oil relinquishes one licence on Inner Moray Firth
Baron Oil updated the market on the Inner Moray Firth (IMF) on Wednesday, having been awarded exclusive licenses over seven blocks and part blocks in the IMF, part of the UK continental shelf, under the 31st Offshore Licensing Round in September, alongside its joint venture partners.
Asia report: Markets mixed as investors digest latest pandemic developments
Markets in Asia finished in a mixed state on Wednesday, as investors tried to make sense of another day of fresh measures from governments amid the ongoing Covid-19 coronavirus pandemic.
Tritax Big Box to maintain quarterly dividend
Tritax Big Box updated the market on the impact of the Covid-10 coronavirus pandemic on Wednesday, reporting that a number of its customers were experiencing “unprecedented disruption” to operations as a result of government measures put in place to combat the spread of the virus.
Aviva pulls final dividend, Tesco ups final distribution
London open The FTSE 100 is expected to open 84 points lower on Wednesday, having closed up 2. 19% at 5,704. 45 on Tuesday.
US close: Stocks turn negative as consumer borrowing increases
US stocks had turned negative by the close on Tuesday, putting to bed hopes for a second session of gains even as investors focussed on signs the global Covid-19 Coronavirus pandemic was slowing.