Latest News
Red Rock Resources sells down its Goldstone holding
Red Rock Resources announced a partial sell-down of its holding in Goldstone Resources on Tuesday, less than six months after it took up the shares.
Utilitywise to capitalise on deregulation of England's water market
AIM-listed Utilitywise has partnered with Business Stream to provide gas and electricity procurement services to the water supplier's customers in order to capitalise on the pending deregulation of the commercial water market in England.
Google to provide Cuba with high speed internet access
Cuba has taken a further step to improve relations with the United States and bring itself closer to the western world by signing a server deal with Google to gain faster internet speeds.
House prices rise in October but could drop next year, says ONS
UK house prices grew 0. 1% in the year to October, recovering slightly after the fall in the wake of the Brexit vote.
Oilex bids for remaining 55% stake in India oil field
Australian explorer Oilex has made a formal offer to buy the remaining 55% stake that it does not already own in the Cambay oil field in India.
Trump announces Exxon CEO Tillerson as secretary of state pick
United States president-elect Donald Trump has announced that ExxonMobil Corp boss Rex Tillerson is his pick for the key diplomatic position of secretary of state on Tuesday.
Bushveld to buy stake in Namibia tin project
Diversified mineral explorer Bushveld is to buy an interest in the Uis tin project in Namibia.
Oryx International Growth Fund boosts shareholder value in first half
Oryx International Growth Fund posted its half-year report for the period from 1 April to 30 September on Tuesday - a period in which it carried out three share buybacks, resulting in a total reduction of 138,000 shares for a cost of £813,750.
US pre-open: Stocks seen a little higher as investors eye rate hike
US futures pointed to a slightly higher open on Wall Street as investors eyed the first day of the Federal Reserve’s two-day policy meeting amid expectations of a 25 basis points rate hike.
Asia report: Markets mixed as investors eye up Fed
Markets in Asia were mixed on Tuesday, as investors kept their wallets firmly shut ahead of a widely anticipated Federal interest rate decision later this week.
NCC Group confirms profit warning after contract losses
Cyber-security expert NCC Group has come clean on the details of an expected profit shortfall arising from losses and delays of several contracts in the core IT assurance division.
Marks & Spencer chairman Swannell to retire next year
Marks & Spencer chairman Robert Swannell plans to retire in 2017 after six years in the job.
Liberum initiates coverage of challenger banks, prefers OneSavings
Liberum initiated coverage of five challenger banks with three ‘buy’ recommendations and two ‘hold’ stances.
Fitbug hires Olympic hurdler to run workplace fitness programme
Fitbug holdings, an AIM quoted provider of digital wellness for corporate organisations, has brought in Olympic gold medallist Sally Gunnell to help promote and expand its offering in the UK.
UniCredit rallies as investors welcome restructuring plan
UniCredit shares rallied as investors welcomed the bank’s announcement of a rights issue of up to €13bn – Italy’s biggest ever – and further job cuts as part of a turnaround plan to boost profitability.
Lords accuses government of being naive ahead of Brexit trade talks
A cross-party group of House of Lords members accused the British government of being naive in its understanding of free trade and of expecting a "free lunch" during trade negotiations following the Brexit referendum.
German ZEW economic sentiment unchanged in December
German economic sentiment was unchanged in December, according to the latest survey form the ZEW Center for European Economic Research in Mannheim.
UK inflation increases to two-year high, ONS reveals
UK inflation increased more sharply than expected in November to the highest level in over two years, according to official figures released on Tuesday.
Eurocell meeting expectations in second half
Eurocell posted an update on its trading performance for the period from 23 August to date on Tuesday, describing trading in the second half of the year as meeting expectations in terms of sales.
RBC Capital upgrades Drax on recent acquisitions
RBC Capital Markets upgraded Drax to ‘sector perform’ from ‘underperform’ and lifted the price target to 320p from 280p.