Latest News
Central Rand Gold buys mine waste dump to increase revenue streams
AIM-listed miner Central Rand Gold has bought mine waste dump material close to the company’s metallurgical plant in South Africa in order to diversify and expand its revenue stream.
Rubicon recalls 84,000 bottles over explosion fears
UK-based soft drinks producer A. G. Barr has recalled four batches of its fizzy mango Rubicon drink as yeast fermentation has led to the risk of the drink exploding.
George Soros blasts Putin for Russian actions in Syria
Big name investor George Soros has condemned Russia's involvement in the Syrian conflict after a barrage of air raids rained down on the key city of Aleppo.
Dunelm's Q1 revenue falls due to unusually warm weather
Homeware retailer Dunelm’s first quarter revenue fell due to the unseasonably warm weather.
Friday preview: US non-farm payrolls report in focus
The US non-farm payrolls report will be under the microscope on Friday as the Federal Reserve considers the health of the labour market in its policy decisions.
Initial jobless claims unexpectedly decline
The number of Americans filing for unemployment benefits unexpectedly fell last week, according to data released by the Labor Department.
President Energy suspends operations at DP1002 S/T well
President Energy, an AIM-listed oil and gas exploration company, has suspended operations at its DP1002 S/T well in its Dos Puntitas field in Argentina due to “unforeseen” repairs.
Deutsche Bank to now cut 9,000 jobs globally in restructuring process
Deutsche Bank has agreed to axe a further 1,000 jobs in Germany on top of previously announced 3,000 cuts in the country, taking the total reduction to 9,000 around its offices globally.
Safestay expands Elephant and Castle hostel
Safestay, the owner and operator of a contemporary hostel, has been granted planning consent to extend its hostel in Elephant & Castle.
Twitter slumps on reports Google not planning bid
Twitter shares tumbled on Thursday following a report that Alphabet’s Google is not planning to make a bid for the company.
Citi upgrades European banks to 'overweight'
It's been a turbulent couple of weeks for the banking sector as investors worried Deutsche Bank wouldn’t be able to cough up its $14bn fine to the US Department of Justice, but Citigroup provided some cheer for the sector by upgrading European banks to ‘overweight’ from ‘neutral’.
SVG Capital agrees terms of portfolio sale to Goldman, Canada Pension Plan
SVG Capital has agreed the terms of a proposed sale of its investment portfolio to funds managed by Goldman Sachs and Canada Pension Plan Investment Board for around £748m.
DFS reports jump in full-year sales and profit
FTSE 250 furniture retailer DFS reported a jump in full-year profit and revenue and lifted its dividend as its growth strategy pays off.
Government's £2bn fund will buy unsold homes from housebuilders
To speed up the rate of house building in the UK, a £2bn government fund will offer to buy unsold homes from construction companies if they significantly step-up their rate of production.
GKN shares rally as HSBC initiates stock at 'buy'
HSBC initiated its rating on GKN at ‘buy’ with a target price of 395p on Thursday, saying it believes the automotive and aerospace engineer is a “well-managed, technology-led, high market share business”.
Asos agrees changes warehouse working conditions after attack
Asos chief executive Nick Beighton has defended the company's working practices for staff at its Barnsley warehouse after they were attacked by the GMB union, but he agreed to change some policies.
US pre-open: Stocks set for muted start as focus shifts to payrolls
US futures pointed to a marginally weaker open on Wall Street as investors erred on the side of caution ahead of Friday’s non-farm payrolls report.
Smith & Nephew shares fall on Berenberg downgrade
Smith & Nephew’s shares fell on Thursday as Berenberg downgraded the stock to ‘hold’ from ‘buy’ and cut the target price to 13. 40p from 14. 85p.
WANdisco re-appoints sacked CEO after shareholder revolt
Only a week after being encouraged to step down, big data software company WANdisco has re-appointed ex-chief executive David Richards and so lost chairman Paul Walker, who has resigned.
BAE Systems provides third-quarter reassurances as Saudi talks progress
BAE Systems reiterated its confidence about hitting full year targets and gave encouraging platitudes about ongoing long-term contracts, including the government's politically sensitive talks about the next defence export contract with Saudi Arabia.