Latest News
Trakm8 lifts FY pretax profit, wins contracts with Allianz
Telematics and data provider Trakm8 Holdings has hiked its full-year pre-tax profit forecasts and confirmed two initial contract wins with global insurance company Allianz.
London-listed REITs slump as Liberum downgrades on Brexit risks
Liberum downgraded its ratings on British Land, Land Securities, Intu Properties and Hammerson as it pointed to greater occupier uncertainty in London City offices and retail following the UK’s decision to leave the European Union.
Niger Delta Avengers' Twitter account suspended
The Twitter account of feared militant terrorist group Niger Delta Avengers has been suspended by the social media site after the group had posted various news items of their bombing activities in Nigeria.
WYG awarded another big Balkan contract
Global project management and technical consultancy WYG announced on Monday that it has been awarded a €13. 1m, four-year technical assistance contract by the European Investment Bank.
LightwaveRF pens deal with Tyman-owned ERA
Internet of Things platform and connected device provider LightwaveRF announced on Monday that it has entered an agreement with an additional UK distributor - ERA Home Security.
Monday broker round-up
Auto Trader: Barclays stays at equal-weight with a target price of 340p.
Johnston Press to sell Isle of Man titles for £4.25m
Newspaper publisher Johnston Press has agreed to sell its titles on the Isle of Man to UK-based publisher Tindle Newspapers for £4. 25m in cash.
Aminex says Kiliwani North-1 output hits 30 mmcf/day
Aminex said that, over the weekend, gas production from the Kiliwani North-1 well in Tanzania reached 30 mmcf per day with stable pressure recordings at that rate.
Rose Petroleum subsidiary advances to Cuba deal talks
Rose Petroleum said wholly owned subsidiary Rose Gypsum Ltd has been selected to exclusively proceed into the detailed negotiations phase of a gypsum contract in Cuba.
Central Asia copper production surges at Kounrad
Central Asia Metals updated the market on its production and Stage 2 expansion on Monday, for the six months to 30 June at the Kounrad dump leach, solvent extraction and electrowinning copper recovery plant in Kazakhstan.
K3 Business Technology buys Merac for £1.27m
K3 Business Technology, a software provider to the retail, manufacturing and distribution sectors, has bought Merac for £1. 27m, to enhance its presence in the leisure and visitor attractions sector.
Orogen closing in on Mutsk earn-in completion
Gold exploration company Orogen Gold updated the market on its plans for 2016 at the Mutsk gold project in southern Armenia on Monday, and said it was strongly encouraged by the project re-appraisal after the 2015 drilling programme.
Nigel Farage quits as Ukip leader
Nigel Farage has resigned as the leader of the UK Independence Party.
Fresnillo shares rise on San Julián project update
Shares in mining titan Fresnillo are up almost 7% against a falling market after confirming construction of the San Julián project, phase 1, completed on time and on budget.
S&P expects Brexit to result in strong headwinds for UK
Brexit would result in very strongheadwinds for the UK economy, which would only barely manage to avoid a full-fledged recession, one of the world´s most influential ratings agency said.
WPP's Kantar signs agreement with Iran's Rahbar Bazaar
Advertising giant WPP’s data investment subsidiary Kantar signed an agreement with Iran’s Rahbar Bazaar Market Research Institute on Monday, to give it a foothold in the Iranian market.
Europe midday: Stocks nudge lower amid downbeat data
European stocks edged lower on Monday amid low volumes due to the US Independence Day holiday, as investors continued to mull over the implications of Britain’s decision to leave the European Union.
Europa enters second term of East Midlands licence
Oil and gas exploration, development and production company Europa Oil & Gas announced on Monday that it has entered into the second term of licence PEDL181 in the East Midlands Petroleum Province, effective 1 July 2016 to 30 June 2019.
Japan´s Line set for biggest tech IPO in 2016
Japan´s biggest message-app operator, Line, raised the price range for its upcoming initial public offering in Tokyo, in what might turn out to be the largest float of a technology company thus far in 2016.
Nigel Farage's most memorable moments as Ukip leader
Nigel Farage announced his resignation from the United Kingdom Independence Party on Monday after he achieved one of his major political goals, to see Britain vote to leave the European Union.