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Full List Of Stories
26 May
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London close: Stocks firmly higher as further lockdown easing looms

London closed firmly in the green on Tuesday, with travel shares pacing the advance as investors welcomed an easing of lockdown measures and travel restrictions.

26 May
water tap agua fawcet
Modern Water secures large 'Microtrace PDV' order in China

Modern Water has secured the sale of its largest single order for 20 ‘Microtrace PDV’ units and seven sets of related consumables in China, it announced on Tuesday.

26 May
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Tracsis wins two major rail contracts

Railway, traffic and transport software and hardware provider Tracsis has been awarded two major rail contracts, it announced on Tuesday.

26 May
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Altyn takes delivery of drilling rig at Sekisovskoye

Altyn announced the delivery of equipment at its Sekisovskoye mining operation on Tuesday, reporting that following the agreement with the official dealer of Epiroc in Kazakhstan, it has received the drilling rig ‘Boomer T1D’ with a capacity of 400 metres per month.

26 May
premier foods
Premier Foods planning note redemption to save on interest

Premier Foods has notified HSBC of its intention to redeem £80m of the £210m outstanding from its senior secured 5. 0% plus LIBOR floating rate notes due July 2022, it announced on Tuesday.

26 May
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Revolution Bars extends debt facilities with NatWest

Revolution Bars Group announced an extension to its debt facilities on Tuesday, with the board saying it was confident the extension would provide it with sufficient liquidity for the foreseeable future.

26 May
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Shanta Gold announces updated resource for Singida

East Africa-focussed gold producer Shanta Gold announced a JORC-compliant reserve, and an updated and independently verified JORC-compliant mineral resource estimate for the Singida Gold Mining Project in central Tanzania on Tuesday.

26 May
Oil rig, oil & gas, drilling
Bahamas Petroleum secures rig for 'significantly reduced' cost

Bahamas Petroleum Company announced on Tuesday that, having postponed its ‘Perseverance 1’ drilling operation from the first half of 2020 due to the Covid-19 coronavirus pandemic, had now entered into a definitive contract with Stena Drilling for a drilling rig as soon as the fourth quarter.

26 May
Litigation Capital prepared for new Australian regulations

Dispute financing company Litigation Capital Management responded to an announcement from Australia’s federal treasurer Josh Frydenberg on Tuesday, that litigation funders operating in the country would be subject to new regulation requiring them to obtain and maintain an Australian Financial Services License (AFSL).

26 May
oilfield
Petrel raises £0.25m as it looks to restart Iraq development

Petrel Resources has arranged a placing with ETX Capital to raise £0. 25m before expenses through the issue of 7,692,308 new ordinary shares at a price of 3. 25p each, it announced on Tuesday.

26 May
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Westminster Group wins Covid fever screening contract

Managed services and security company Westminster Group announced on Tuesday that its technology division has been contracted to provide an unnamed “global investment management” company with a range of fever screening and safety equipment.

26 May
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Amitay Weiss appointed chair of Matomy Media

Matomy Media announced on Tuesday that Amitay Weiss has been appointed as the chairperson of its board.

26 May
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Frontier IP investment Exscientia raises $60m in series C round

Intellectual property company Frontier IP said on Tuesday that its portfolio company, AI-driven drug discovery firm Exscientia, has raised $60m (£49. 1m) through a series C financing round.

26 May
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Grainger signs up Paul Glibbery as chief information officer

Residential landlord Grainger announced the appointment of Paul Glibbery as its chief information officer on Tuesday, with responsibility for driving Grainger's technology transformation.