Latest News
Independent Oil & Gas buys licences in Southern North Sea for £5m
AIM-listed Independent Oil & Gas has bought the shares of Oyster Petroleum, a subsidiary of Vereus Petroleum, which holds licences in the Southern North Sea for about £5m.
Spanish GDP grows 0.7% in spite of government vacuum
The Spanish economy continues to fight off political uncertainty to maintain solid growth, expanding by 0. 7% in the latest quarter.
Pence campaign plane skids off runway at LaGuardia airport
Donald Trump's running mate Mike Pence was on a campaign flight which skidded off a runway at New York's LaGuardia airport on Thursday as it landed in torrential rain.
Rent prices in South East overtake London, says ONS
Rental prices in South East England grew 3. 5% in the year to September 2016, surpassing that of London which rose 2. 7%, according to the Office of National Statistics (ONS).
ANZ warns of AUD 360m charge ahead of full-year results
Major Asia Pacific bank Australia and New Zealand Banking Group warned of a AUD 360m charge on its full-year results on Friday, sending shockwaves through the Australasian banking sector.
Northamber's full year losses widen
Northamber’s full year losses widened on higher administration costs as the AIM-listed IT distributor said it was "cautious" post Brexit.
Europe midday: Stocks mostly lower amid earnings; US data eyed
European stocks were mostly lower on Friday following some disappointing corporate releases, as investors eyed the first release of US growth figures for the third quarter.
Rise in inflation hits consumer confidence in October, says GfK
Rising inflation due to a weak pound and concerns about Brexit have taken their toll on consumer morale in Britain, a survey said on Friday.
London midday: Stocks fall on growing Brexit fears
UK equities dipped on Friday as worries about Brexit grew after data showed a decline in consumer confidence and after two legal challenges on the EU referendum were rejected.
Maven eyeing up challenges in Brexit, regulatory changes
Maven Income & Growth announced its unaudited interim management report for the six months to 31 August on Friday, with a net asset value total return of 137. 33p per share at period end, compared to 135. 16p at 29 February.
BNN Technology begins process to list on Nasdaq
Chinese content and services company BNN Technology announced on Friday it has begun the process to list on the US Nasdaq stock exchange.
Distil's revenue rises as it plots US expansion
AIM-listed Distil’s half year revenue rose as the drinks owner invested in marketing and recruitment, while it plans to expand in the US.
Elementis' earnings for the year to be in line with expectations
Chemicals company Elementis’ sales for speciality products rose in the third quarter but the chromium business remained “challenging”, while overall earnings for the year are anticipated to be in line with market expectations.
Morgan Stanley downgrades Unite, says student numbers set to drop
Morgan Stanley downgraded its stance on Unite Group to ‘underweight’ from ‘overweight’ and cut the price target to 590p from 700p.
Andalas Energy posts much wider loss as it pivots focus
Indonesia-focused upstream oil, gas and power company Andalas Energy and Power announced its preliminary results for the year ending 30 April on Friday, a year in which it transitioned its focus towards Indonesia, targeting opportunities arising from the country’s electrification shortage.
Rio Tinto signs non-binding deal to sell Simandou stake to Chinalco
Rio Tinto has signed a non-binding agreement to sell its entire stake in the Simandou project in Guinea to Chinalco.
JP Morgan leaves Barclays at 'neutral' after third quarter interims
JP Morgan Cazenove has reiterated a ‘neutral’ rating on Barclays but raised its target price to 190p from 175p after the lender reported its third quarter interims.
US pre-open: Stocks seen flat to slightly lower as GDP eyed
US futures pointed to a flat to slightly lower start on Wall Street as investors eyed the preliminary release of US gross domestic product figures for the third quarter.
VinaCapital grows net asset value in booming Vietnam
VinaCapital Vietnam Opportunity Fund posted its annual financial report for the year to 30 June on Friday, with total net assets at year-end of $786. 54m, up from $718. 66m a year earlier.
Consumer confidence falls amid Brexit uncertainty
Consumer confidence has wavered due to fears finances will be squeezed post Brexit, according to a survey by YouGov and the Centre for Economic and Business Research (CEBR).