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Latest News
23 Sep
Westminster, London, politics, government, Big Ben
FTSE 100 movers: Polymetal slumps on stake sale but Anglo gains

London’s FTSE 100 index was flat at 6,910. 93 in afternoon trade.

23 Sep
money
CVS Group posts solid rise in revenue, earnings

Veterinary services company CVS announced its preliminary results for the year to 30 June on Friday, with revenue rising 30. 4% to £218. 1m compared to 2015.

23 Sep
Costain engineers, construction, civil engineering
Smiths Group to sell artificial lift business to Endurance Lift for $39.5m

FTSE 100 engineering company Smiths Group is to sell its artificial lift business to Endurance Lift Solutions, which provides artificial lift platform to the oil and gas industry, for $39. 5m, in order to use the proceeds to reinvest in growth opportunities.

23 Sep
factory, factories, manufacturing, manufacturer
Markit's flash US manufacturing PMI eases more than expected

Activity in the US manufacturing sector eased more than expected in September, according to data released on Friday.

23 Sep
un-travailleur-tient-en-parapluie-aux-couleurs-du-royaume-uni-devant-le-london-stock-exchange-en-octobre-2008-bourse-marches-financiers
CEO of London Stock Exchange says 100,000 jobs could be lost if clearing leaves London

Chief Executive of London Stock Exchange Xavier Rolet said 100,000 jobs would be at risk if clearing leaves the UK in an interview with Bloomberg.

23 Sep
livre-sterling-monnaie-britannique-banque-d-angleterre-boris-johnson-brexit-maire-de-londres-sortie-de-l-union-europeenne-royaume-uni-grande-bretagne-finance-city
Finance job vacancies fall 10% in England in wake of Brexit uncertainty

Financial jobs in England have fallen 10% since the country voted to leave the European Union amid concerns over passporting rights and access to the single market post-Brexit, a think-tank said on Friday.

23 Sep
Results round-up

Low-carbon technology energy company Cogenpower announced on Friday that it will withdraw from the gas and electricity retail business, operated through its wholly-owned subsidiary Cogenpower Gas and Power.

23 Sep
Thomas Cook Airbus A320 aircraft, aviation, transport
Friday newspaper share tips: Thomas Cook, Kier Group

Thomas Cook will likely come through its current troubles the same as it has on other occassions when througout the past 175 years when it has found itself in a pinch, The Daily Telegraph's Questor column said.

23 Sep
Petroleo_Bolsas oilmarkets
Rig contract signed at Solo Oil investment

Solo Oil has announced that it was informed on Friday, by the Ruvuma Petroleum Sharing Agreement operator Aminex, that a rig contract has now been signed for the drilling of the Ntorya-2 appraisal well in the Ruvuma basin.

23 Sep
libra, esterlina, divisa, moneda, reino unido pound currency
Armadale begins RC drilling in Tanzania

Natural resources investment company Armadale Capital announced on Friday that reverse circulation drilling has commenced at its high-grade Mahenge Liandu Graphite Project in Tanzania.

23 Sep
libra 630 inglaterra uk pound
Arcontech extends contract with existing client

Real-time financial market data company Arcontech announced an extension agreement with an existing client on Friday, to the value of approximately £95,000 in new annual recurring revenue.

23 Sep
Coal mine, mining
GCM says has had no notification from Bangladeshi govt over Phulbari mine

GCM Resources said on Friday that it has not received any notification from the government of Bangladesh of any change to its contract for the Phulbari coal project following speculation in the press that the government has decided not to go ahead with open pit mining at the Barapukuria coal mine.

23 Sep
Money cash dollars
BMR Group secures funding for Kabwe development

BMR Group confirmed on Friday that it and its wholly owned subsidiary Enviro Mining Limited have entered into the anticipated project construction and trade finance facility for up to $5. 2m, with private South African group African Compass International.

23 Sep
oilfield
Sound Energy revises acquisition agreement with PetroMaroc

Mediterranean and African-focused upstream company Sound Energy updated the market on Friday, on its March agreement with PetroMaroc Corporation for the acquisition of a 50% operated interest in three onshore gas permits located in Morocco - the Sidi Moktar Licences.

23 Sep
wells fargo
Wells Fargo chief Stumpf quits Fed panel as pressure rises

Wells Fargo chief executive officer John Stumpf resigned from a Federal Reserve advisory council on Thursday as pressure buildt on the company following the revelations about its fake accounts scandal.

23 Sep
gsk, drug, biotech, pharma,
Glaxo files US regulatory submission for sirukumab

GlaxoSmithKline has filed a regulatory submission to the US Food and Drug Administration for the use of sirukumab for the treatment of rheumatoid arthritis.

23 Sep
boris-johnson-a-la-tete-de-la-diplomatie-britannique
Boris Johnson berated over Article 50 claim

Boris Johnson has been berated over his claim that Article 50 would be triggered in early 2017 and that Brexit negotiations could be completed within two years.

23 Sep
trump-campaign
Trump defends police in Charlotte and condemns protesters

US presidential candidate Donald Trump has criticised the actions of violent protesters in Charlotte, North Carolina after three nights of rioting in the city.

23 Sep
Janet Yellen, Reserva Federal
Week ahead: Investors back on US data watch

Investors' focus will likely revert to gauging the health of the US economy over the coming week, with a barrage of high-frequency indicators set for release on Friday.

23 Sep
Money cash dollars
Brookfield Infrastructure consortium to take 90% stake in South American utility

Brookfield Infrastructure and institutional clients of Brookfield Asset Management have agreed to buy a 90% controlling stake in South American natural gas utility Nova Transportadora do Sudeste SA (NTS) from Petróleo Brasileiro SA, or Petrobras, for approximately $5. 2bn.