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Latest News
18 Nov
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Internet of things start-up Sigfox raises €150m

French internet of things start-up Sigfox has raised €150m to expand internationally, gaining heavyweights such as Total and Salesforce as new investors.

18 Nov
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Trump offers national security post to retired general Flynn - reports

President-elect Donald Trump has reportedly offered the post of national security adviser to retired general Michael Flynn, a hardliner on Islamic terrorism.

18 Nov
money
Botswana Diamonds narrows loss with chairman hungry for development

Botswana Diamonds posted its preliminary results for the year to 30 June on Friday - another year of nil revenue, though it did manage to narrow its losses.

18 Nov
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Europe midday: Stocks dip in anticipation of Fed rates move

Stocks fell as investors mull the prospect of a rate hike from the Federal Reserve, with basic resources under the cosh.

18 Nov
solartec
Tesla shareholders approve controversial SolarCity merger

Shareholders in innovative car-maker Tesla Motors have approved the acquisition of solar energy company SolarCity, despite many expressing reservations about the deal.

18 Nov
cryonics
High court allows British teenager to be first child to be cryogenically frozen

A British teenager who died of cancer has had her wish of being cryogenically frozen granted as a high court judge ruled that the practice was acceptable, opening up a new debate about the utilisation of the process.

18 Nov
Shinzo Abe Donald Trump
Japan's Abe has 'confidence' in Trump after meeting

Japanese Prime Minister Shinzo Abe said he had "great confidence" in Donald Trump after being the first foreign leader to meet the US President-elect.

18 Nov
Wall Street, New York Stock Exchange, markets, traders, US, America
US pre-open: Stocks set for muted open ahead of more Fed speak

US futures pointed to a muted open on Wall Street as European shares fell into the red, while the dollar backed off highs, having rallied after Federal Reserve chair Janet Yellen hinted at a rate hike next month.

18 Nov
President Energy expects $55 per barrel of oil in Argentina

Oil and gas explorer President Energy said it expects to receive about $55 per barrel of oil sold in Argentina until the end of 2016, with a price drop "probable" next year.

18 Nov
FCA
UK asset managers breath sigh of relief after 'benign' FCA probe

The financial watchdog is planning a tougher clampdown on UK asset management companies as it feels the sector has enjoyed big profits for many year by not competing very hard on prices and fees, though analysts said the industry will breathe a sigh of relief at the lack of bite from the report.

18 Nov
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Venn Life Sciences completes £4.74m Innovenn sale

Drug trial company Venn Life Sciences has completed the sale of its stake in Innovenn UK innovation unit to Integumen for up to £4. 74m that will see it retain a majority stake as the newly created skin science company looks to float on AIM.

18 Nov
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New India Investment Trust performing in line with index

New India Investment Trust posted its half-yearly financial report for the six months to 30 September on Friday, with total shareholder funds up 28. 1% to £259. 9m.

18 Nov
Astrazeneca
Provexis says partnership will widen use of Fruitflow

Developer of the Fruitflow heart-health functional food product, Provexis, announced on Friday that the company's alliance partner for Fruitflow, DSM Nutritional Products, has entered into a strategic collaboration agreement for Fruitflow with BY-HEALTH Co, a substantial listed Chinese dietary supplement business.

18 Nov
San leon Energy
San Leon Energy sells stake in Polish assets

San Leon Energy, the AIM-listed company focused on oil and gas development and appraisal in Africa and Europe, said it had signed and completed sales agreements for its interests in two Polish onshore assets, principally the Rawicz and Siekierki fields in the Permian Basin, to Palomar Natural Resources.

18 Nov
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GCP Infrastructure raising £60m in placing

Infrastructure investment fund GCP Infrastructure announced a placing of new ordinary shares under its placing programme on Friday.

18 Nov
Dairy cows, milk, butter, food
Agriterra narrows loss despite beef difficulties

African agricultural company Agriterra announced its audited final results for the year to 31 May on Friday, with a group loss for the year from continuing operations - which excludes the results of the discontinued cocoa operations - of $7. 68m, down from $8. 21m.

18 Nov
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Asia report: Markets mixed as Abe meets Trump

Markets in Asia finished mixed on Friday, with Japan putting in a stellar performance as its domestic markets finished on an 11-month high as the yen retreated to much weaker levels.

18 Nov
jimmy choo, shoes, retail
Jimmy Choo revenue grows, on track for full year

Luxury retailer Jimmy Choo reported revenue growth for the second half on Friday and said it was on track to deliver full-year underlying profits in line with expectations.

18 Nov
Finance, graph
BofA Merrill upgrades St James's Place to 'buy'

Bank of America Merrill Lynch upgraded St James’s Place as it took a look at the insurance sector on Friday, reversing some of its post-Brexit conservatism in the wake of a significant rise in bond yields.

18 Nov
ITM Power, energy storage
ITM Power gains permission to build Beaconsfield hydrogen station

ITM Power, an energy storage and clean fuel company, has been granted planning permission from South Buckinghamshire District Council to construct a hydrogen refuelling station at oil behemoth Royal Dutch Shell’s filling station in Beaconsfield.