Full List Of Stories
London close: Stocks finish higher amid optimism around lockdown easing
London stocks had pared back some earlier gains by the close on Wednesday, but still finished positive as optimism over lockdown easing offset concerns about growing tensions in Hong Kong and souring relations between the US and China.
Savannah enters into service agreement with EIT InnoEnergy
Savannah Resources has entered into an added value services agreement with EIT InnoEnergy, it announced on Wednesday, as part of the ‘business investment platform’ launched in September to accelerate the development of a European battery industry.
ECSC launches new cloud product as it weathers Covid slowdown
Cybersecurity services provider ECSC Group announced the launch of its new ‘Nebula Cloud’ breach detection service on Wednesday.
AorTech shares up on latest US patent approval
Medical device company AorTech International announced on Wednesday that the United States Patent and Trademark Office has said that its application 15/995,050 would issue as US patent 10,676,560, entitled ‘biostable polyurethanes’, on 9 June.
Blencowe Resources outlines high-grade zone at Orom-Cross
Blencowe Resources updated the market further on its ongoing JORC resource diamond drilling programme at the Orom-Cross Graphite Project in Northern Uganda on Wednesday, reporting that a “highly prospective” high-grade zone had now been outlined about 250 metres from the current exploration camp site.
State error sees comment period pushed for Active Energy plant
Biomass-based renewable energy company Active Energy said on Wednesday that the online event for public comments on the construction and air permit for its ‘CoalSwitch’ plant in Lumberton, North Carolina, has been postponed to 22 June.
Hurricane Energy gets extension to commitments at Lincoln
Hurricane Energy updated the market on its planned activities in the Lincoln subarea of licence P1368, part of the Greater Warwick Area, on Wednesday.
Asia report: Markets finish mixed as US-China tensions rise
Markets in Asia closed in a mixed state on Wednesday, as investors looked at the gradual easing of coronavirus-related restrictions in various jurisdictions, as well as an increase in tensions between the US and China.
Plant Health Care shares surge on field trial data
Shares in agricultural biological products company Plant Health Care surged on Wednesday morning, after it released positive data from the completed 2019 field trials of its ‘PREtec’ peptide ‘PHC279’ for the control of plant diseases in corn, wheat and lettuce crops.
Ironveld looking to extend option period with IIG
Ironveld updated the market on the IIG option agreement on Wednesday, having entered into arrangements with IIG to raise potential gross proceeds of $3. 2m (£2. 6m) on 30 March.
MyCelx Technologies swings to loss amid slowdown
Oil and gas industry clean water technology company MyCelx Technologies reported revenue of $11. 9m (£9. 68m) in its final results on Wednesday, down from $27m year-on-year.
Mozambique court rejects Pathfinder application over contested licence
Pathfinder Minerals said on Wednesday that the Mozambique Supreme Court has rejected its application to recognise a judgment by the English High Court.
M&G to pay dividends as it works to save costs
M&G updated the market on its position amid the Covid-19 coronavirus pandemic on Wednesday, reporting that it remained “financially strong”, with its shareholder Solvency II coverage ratio said to be “comfortably above” its risk appetite throughout the crisis, standing at 168% as at 31 March.
Auto Trader offers discount as customers in England prepare to reopen
Auto Trader Group updated the market on the support it was providing customers during the Covid-19 coronavirus crisis on Wednesday, following confirmation from the UK government around the reopening of vehicle retail in England.
Britvic defers interim dividend, British Land portfolio value falls 10pc
London open The FTSE 100 is expected to open 34 points higher on Wednesday, having closed up 1. 24% at 6,067. 76 on Tuesday.
US close: Markets finish higher on lockdown easing, vaccine hopes
US stocks recorded solid gains by the close on Tuesday, as investors returned from the long Memorial Day weekend to news that pharmaceuticals firm Novavax had begun trials on a Covid-19 vaccine in Australia.