Latest News
Microsaic Systems increases H1 revenue; announces £5m placing
AIM-listed Microsaic Systems, the developer of chip-based mass spectrometry instruments, said it increased first-half revenue to £0. 47m from £0. 23m and announced a plans to raise gross proceeds of up to £5. 4m through a placing of ordinary shares to existing and new investors.
US consumer sentiment eases in August
Consumer sentiment in the US unexpectedly deteriorated in August, according to final figures released on Friday.
Week ahead: US non-farm payrolls in focus
US and Chinese data were set come back into focus, with the latest monthly jobs report in the former perhaps more important than usual for markets in the run-up to the Federal Reserve's next policy meeting at the end of September.
US real GDP growth seen at 2% in H2 2016 by Barclays Research
US real gross domestic product looks good to hit 2% in second-half 2016, says Barclays Research after Friday's rise in second-quarter US gross domestic product (GDP).
Apollo to buy Rackspace for $32 per share
Managed cloud company Rackspace has agreed to be acquired by funds affiliated with investment manager Apollo Global Management for $32 per share in cash.
Fed officials wary of recession risk if they fall behind the curve
US central bankers told community protesters they needed to tighten policy when inflation accelerated, lest they risk another recession.
September might be a good time to raise rates, Fed's Bullard says
September might be a good time to raise interest rates, the president of the Federal Reserve bank of St. Louis told CNBC.
Rate hike path will be much flatter, Fed's Kaplan says
The case for removing some accommodation had strengthened, but within the context of a "much flatter" path for tightening in the future, a top US central bank official said.
US second-estimate 'real' GDP rises at 1.1% annual rate in Q2
US real gross domestic product (GDP) in the second quarter rose at an annual rate of 1. 1%, a "second" estimate from US Bureau of Economic Analysis showed. In the first quarter, real GDP rose 0. 8%.
FTSE 100 movers: Miners shine; Pharma green behind the gills
Mining stocks rallied on the FTSE 100 as metal prices rose with Glencore, Rio Tinto and BHP Billiton among the biggest risers.
North River's Namibia mining application hits another snag
Zinc explorer North River Resources subsidiary's application for a mining licence for its Namibian mining project was delayed again.
APQ Global admitted to AIM after listing on CISE
Guernsey-based emerging markets growth company APG Global admitted its entire share capital on AIM, the London Stock Exchange's junior market, on Friday after previously listing on the Channel Islands Securities Exchange authority (CISE).
BlueRock Diamonds to recommence operations at Kareevlei
BlueRock Diamonds is to restart operations at its Kareevlei Mine in South Africa after a frustrating few weeks of non-production, with output seen beginning on 29 August.
Petro Matad's Shell affiliate farm-out exit fee contributed to H1 profit
Mongolian oil explorer Petro Matad reported that the farm-out exit fee received from Royal Dutch Shell’s affiliate contributed to the company’s interim half year profit.
Brent crude oil futures will hit $70 per barrel in June 2017, BofA says
Crude oil prices were set for a large move higher in 2017 as demand from emerging market economies makes up for a slowdown from OECD nations, analysts at Bank of America-Merrill Lynch said.
IPPlus expects to report modest FY pre-tax profit
AIM-listed IPPlus said it expects to report improved revenue and a modest profit before tax for the full year following better top-line trading.
FTSE 250 movers: Restaurant Group gives food for thought
Shares in Restaurant Group rose as the company said it had swung to a pre-tax loss in the first half on the back of restructuring costs, while like-for-like sales fell and the company announced the closure of 33 outlets.
ITM Power inks hydrogen-supply contract with Arcola
Energy storage and clear-fuel company ITM Power has inked a fuel contract with Arcola Energy to supply hydrogen at £10/kg.
Sound Energy starts second well at Tendrara
Sound Energy has begun a three-phase drill programme of a second well at Tendrara, onshore Morocco.
UK energy needs could be met without Hinkley Point, says report
The UK could meet its energy needs and climate change targets without the proposed Hinkley Point C nuclear power plant, according to the Energy and Climate Intelligence Unit (ECIU).