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Latest News
16 Nov
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Horizon Disc gains Chinese partnerships to develop tumor diagnostic kit

Horizon Discovery, a developer of gene editing technologies, has entered into partnerships with three Chinese diagnostic kit developers to treat tumours.

16 Nov
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AB Dynamics zooms ahead in automotive industry

AB Dynamics, the AIM-listed automotive testing systems designer, reported a rise in profits in line with expectations for the year to the end of August.

16 Nov
Ford will continue with Mexico transition in spite of Trump win

US automaker Ford Motor will not change its plans to move small car production operations across the border to Mexico, despite threats from president-elect Donald Trump of a massive tax increase.

16 Nov
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China Africa Resources in talks over possible restructuring

China Africa Resources noted the jump in its share price on Wednesday and confirmed that it is in the final stages of negotiating a transaction that could lead to the restructuring of the group.

16 Nov
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Tungsten Bank gains regulatory approval to be sold to Wyelands

Tungsten Corporation, an e-invoicing network, has received UK regulatory approval to sell its bank to Liberty house billionaire Sanjeev Gupta's Wyelands Holdings for £30m, which is expected to complete on 21 December.

16 Nov
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US pre-open: Stocks set for muted start as investors pause for breath

US futures pointed to a muted open on Wall Street as investors paused for breath following the recent rally.

16 Nov
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Unemployment falls to 11-year low but timelier claimant count rises

UK unemployment fell to its lowest rate in 11 years in September, though a more recent measure of the claimant count showed a larger increase than expected in October.

16 Nov
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Google to build new London headquarters for 3,000 new roles

US tech giant Google has given Britain a major confidence boost in the wake of the country's vote to leave the European Union, as it confirmed plans to go ahead with the building of a new headquarters in London, which will create 3,000 new jobs.

16 Nov
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Asia report: Most markets higher after US crude surge

Markets in Asia finished mostly higher on Wednesday, after a surge in oil prices overnight and a strong showing on the New York indexes on Tuesday.

16 Nov
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Canada Finance Minister says no UK trade deal until after Brexit

Canadian Finance Minister Bill Morneau said his country would not be negotiating any trade deal with the UK before its departure from the European Union.

16 Nov
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HICL Infrastructure's net assets rise as 'minimal impact' seen from Brexit

Investment firm HICL Infrastructure Company’s half year net asset value increased as it felt “minimal” impact from any uncertainty in the wake of the EU referendum.

16 Nov
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Soco sees delay on Mongolia assets payment; production in line with guidance

Soco International said in a trading and operations update on Wednesday that payment from the buyer of its Mongolian assets had been delayed by at least 30 days.

16 Nov
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HSBC upgrades Electrocomponents to 'buy' as sentiment shifts

HSBC upgraded Electrocomponents to ‘buy’ from ‘hold’ and lifted the price target to 430p from 240p as it pointed to the self-help story.

16 Nov
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Mitie slumps on RBC Capital downgrade

Shares in outsourcing company Mitie were under the cosh on Wednesday as RBC Capital Markets downgraded its stance on the stock to ‘underperform’ from ‘sector perform’ and cut the price target to 160p from 195p ahead of first-half results.

16 Nov
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Goldman ups Anglo American to 'buy' from 'sell'

Goldman Sachs upgraded Anglo American to ‘buy’ from ‘sell’ and upped the price target to 1,400p from 400p.

16 Nov
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VinaLand sells stake in Vietnam project

VinaLand, the AIM-quoted investment vehicle established to target strategic segments within Vietnam's emerging real estate market, said it has divested its stake in Project Ceana for $7. 6m.

16 Nov
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British Land drives strong interim profits but proceeds with caution

British Land lifted profits strongly higher in the first half of its financial year but said it expects to proceed more cautiously in property development as it noted a change in the behaviour of property markets since the Brexit vote, with leasing momentum maintained in retail but more caution among office occupiers.

16 Nov
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Egdon Resources buys additional stake in East Midlands licence

AIM-listed oil and gas explorer Egdon Resources has bought the additional stake in an East Midlands licence from Corfe Energy for £50,000.

16 Nov
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Segro confirms Soumen Das to join as CFO in January

Further to its announcement back in July, FTSE 250 property developer Segro has confirmed that Soumen Das will join the company as chief financial officer with effect from 16 January.

16 Nov
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Europe open: Stocks waver as investors sift through earnings

European stocks wavered in early trade as investors sifted through corporate earnings.