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Latest News
23 Jun
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Adamas Finance Asia posts drop in assets, wider loss

Adamas Finance Asia posted its results for the 2015 calendar year on Thursday, and revealed a consolidated net asset value of $115m at year-end, down from $118. 9m a year earlier.

23 Jun
BAE Systems Type 45 destroyer, defence, ship
Thursday broker round-up

Ascential: Goldman Sachs reiterates buy with a target price of 278p.

23 Jun
brexit vote referendum polling ballot
Yen and Swiss franc would lose out initially in Remain scenario, says Nomura

If UK voters opt to stay in the European Union at Thursday’s referendum, the yen and the Swiss franc would be the initial losers, Nomura said.

23 Jun
money
Braveheart widens loss as it narrows investment focus

Braveheart Investment Group announced its final results for the year to 31 March on Thursday, posting a loss before tax of £1. 69m, widening from £0. 77m a year earlier.

23 Jun
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Europe midday: Stocks and sterling rally as polls suggest Remain lead

A buoyant mood prevailed in financial markets on Thursday, with European stocks and sterling sharply higher as the latest EU referendum polls put the Remain campaign just ahead.

23 Jun
oilfield
Victoria Oil and Gas appoints Ahmet Dik CEO

Ahmet Dik was appointed chief executive of Victoria Oil and Gas (VOG) on Thursday. Dik, 43, was previously chief executive of the company’s subsidiary Gaz du Cameroun (GDC).

23 Jun
brexit polling referendum euref
Populus online poll puts Remain at 55%

The results of an online poll carried out by market research firm Populus revealed on Twitter on Thursday showed support for the Remain campaign in the European Union referendum at 55%, with 45% in favour of leaving.

23 Jun
debenhams, oxford street
Goldman Sachs reiterates sell on Debenhams on expected drop in like-for-likes

Goldman Sachs lowered its near and medium-term earnings forecasts and target price for department store-operator Debenhams.

23 Jun
telefonos moviles
TMT Investments increases investment in KitApps

Investing company TMT Investments announced on Thursday the completion of an additional investment in KitApps, as part of a $1m round led by Digital Future and TMT.

23 Jun
referendum brexit polling rain flood remain leave
London midday: Flying FTSE and pound suggest confidence in Remain win

Stocks were hitting their highest levels in around seven weeks by midday on Thursday as voting for the EU referendum began in the UK amid torrential rain as bookmakers odds and opinion polls suggested Brexit would be avoided.

23 Jun
brexit remain polling referendum ballot paper
Brexit poll from Ipsos Mori shows Remain retake lead, pound resurges

An EU referendum opinion poll from Ipsos Mori before voting stations opened on Thursday showed that the Vote Remain campaign had held onto its lead.

23 Jun
brexit vote referendum polling ballot
London open: Stocks and sterling tentatively climb as EU referendum voting begins

London stocks and the pound both moved higher on Thursday morning as polling stations opened for the UK referendum on EU membership, following a late tilt towards the Remain campaign in polls overnight.

23 Jun
brexit reino unido
Stocks and sterling rally as Betfair Remain odds surge to 84%

Equity markets took another leg higher on Thursday morning, along with the pound, as the odds of a Remain vote in the EU referendum at bookmaker Betfair surged to 84%.

23 Jun
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US pre-open: Stocks set for gains as UK voters head to the polls

US futures pointed to a positive open on Wall Street, underpinned by expectations that the UK will vote to remain in the European Union on Thursday.

23 Jun
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Asia report: Markets mixed on a Brexit knife edge

Asian markets finished mixed on Thursday, with investors in the region on a knife edge just hours before polls opened in the United Kingdom's referendum on its membership of the European Union.

23 Jun
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CMA investigation to cost energy industry more than £80m

The two year investigation into the UK’s big six energy companies by the Competition and Markets Authority (CMA) has imposed an £80m burden on the industry, according to reports.

23 Jun
British Home Stores BHS
UK pension lifeboat reportedly wants second BHS administrator

The pensions lifeboat is to demand that a second administrator is appointed to BHS amid accusations of a close relationship between current administrator Duff & Phelps and the retailer’s former owner Sir Philip Green, the Guardian reported without citing sources.

23 Jun
future zillah-byng-thorne
Future plans share issue to acquire Imagine Publishing

Publisher Future has agreed the acquisition of periodicals and 'bookazines' specialist Imagine Publishing to strengthen its magazine portfolio for £14. 2m of newly issued shares.

23 Jun
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Stadium Group warns on full year due to customer loss

AIM-listed supplier of wireless solutions, Stadium Group, said its full-year results are now likely to be below market expectations as growth will be affected by the loss of a significant customer.

23 Jun
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Markit's flash eurozone PMI at 17-month low

Markit’s flash eurozone composite purchasing managers’ index (PMI) fell to a 17-month low of 52. 8 in June from 53. 1 in May, below economists' expectations of a reading of 53. 1.