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Latest News
12 Aug
US consumer sentiment improves less than expected

Consumer sentiment in the US improved less than expected in August, according to data released on Friday.

12 Aug
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RapidCloud pens Malaysia deal with Alibaba

Enterprise cloud computing infrastructure, software and solutions company RapidCloud International announced on Friday that its Malaysian division has been appointed by Alibaba. com as an authorised ‘Gold Supplier’ membership channel sales partner for Malaysia.

12 Aug
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Palace Capital sells property for £1.09m

Property investment company Palace Capital has sold its freehold vacant warehouse property in Victoria Road, Stoke-on-Trent, for £1. 09m, which was slightly above book value.

12 Aug
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US retail sales flat in July, miss expectations

US retail sales were unexpectedly flat in July, according to data from the Commerce Department.

12 Aug
Hua Hin, Thailand by Prince Roy (Flickr)
Four dead and dozens injured in Thailand tourist resort bombings

A wave of seemingly coordinated blasts in tourist resorts in Thailand killed four people and injured dozens on Thursday and Friday.

12 Aug
Gold bars
Hummingbird Resources raises $3.8m in private placing

West African gold miner Hummingbird Resources raised about $3. 8m in a private placing with Fidelity Investments.

12 Aug
Endo withdraws supplemental NDA for OPANA

Endo International has decided to withdraw its supplemental new drug application relating to specific abuse deterrent labelling for opioid antagonist OPANA ER without prejudice to re-filing.

12 Aug
Money cash dollars
Thalassa reaches end of claim against Sevmorgeo

Thalassa Holdings updated the market on an ongoing claim against Sevmorgeo on Friday, with a conclusion in sight.

12 Aug
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Edenville Energy board proposes major share reorganisation

Tanzania-focused coal-to-power project developer Edenville Energy announced a proposed reorganisation of its share capital on Friday.

12 Aug
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AP Moeller-Maersk launches strategic review after unsatisfactory results

Maersk Group launched a strategic review after posting what the company itself described as "unsatisfactory results" in the second quarter, amid low growth and price falls in almost all its markets.

12 Aug
traders, trade, finance
Investor confidence improves in August after post-Brexit slump, survey reveals

Investor confidence rebounded in August from post-Brexit blues a month earlier, according to a survey on Friday.

12 Aug
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Applied Graphene Materials flags loss in line with expectations

Specialty graphene materials producer Applied Graphene Materials posted a trading update on Friday, ahead of the announcement of its full year results for the year ended 31 July.

12 Aug
sublime-gold
Credit Suisse has tactical worries about gold, highlights prospect of higher fiscal spending

Credit Suisse advised clients investing in gold and related equities to keep their eye on real, or inflation-adjusted, bond yields instead of on so-called inflation break-evens or nominal yields, calling attention to the potential impact that increased fiscal spending worldwide might have the prices of both.

12 Aug
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Europe midday: Stocks little changed as investors mull data

European equities wavered on Friday in fairly quiet trade, as market participants digested eurozone and Chinese data.

12 Aug
Samsung Galaxy S mobile phone
Bango expands in Asia with Danal partnership

Mobile payment company Bango plans to expand in Asia through a memorandum of understanding with South Korean commerce company Danal Korea.

12 Aug
mcdonalds
McDonald's pressured to stop selling food with antibiotics

An e-mail campaign is pressuring fast-food behemoth McDonald’s to stop serving food from animals treated with antibiotics.

12 Aug
Wall Street, New York Stock Exchange, markets, traders, US, America
US pre-open: Stocks seen flat as investors eye retail sales

US futures pointed to a broadly flat open on Wall Street following fresh records in the previous session, as investors looked to the release of retail sales data.

12 Aug
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London midday: Stocks rise as investors ignore lacklustre data

The FTSE climbed on Friday as investors shrugged off disappointing UK construction data.

12 Aug
money
MediaZest narrows losses in best-ever year

Creative audio-visual company MediaZest posted its final results for the year ended 31 March on Friday, reporting its best ever financial results with turnover of £3. 14m and EBITDA profit of £0. 06m, before a non-cash share option based charge of £0. 14m.

12 Aug
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German Q2 GDP beats forecasts, despite Brexit

Growth in the euro area´s largest economy during the second quarter clocked in faster-than-expected, as consumption by both the private and state sectors put in strong performances and exports turned up, while investment cooled off after an extended run, but the data left economists divided on the outlook .