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Latest News
20 Dec
oilfield
Northern Petroleum completes partial Canadian divestment

Northern Petroleum announced on Tuesday that, further to its announcement of 30 November, the divestment of 25% of its assets in Canada to High Power Petroleum has now completed.

20 Dec
London bus
FTSE 250 movers: Paysafe leads risers; Polypipe out of favour

Shares in Digital payment systems provider Paysafe defied the lower FTSE 250 after the firm plans to begin an inaugural share buyback programme of up to £100m.

20 Dec
Money cash dollars
Rite Aid to sell 865 stores to Fred's Inc for $950m

Rite Aid, which is currently in the process of being bought by Walgreens Boots Alliance, has agreed to sell 865 Rite Aid stores to Fred’s Inc for $950m in cash.

20 Dec
numbers, money, calculating, investment, finance
Wednesday preview: Economic data in focus

Economic data is set to dominate Wednesday’s agenda as corporate earnings are scarce.

20 Dec
fiat chrysler logo
Fiat Chrysler to be investigated in the US over roll-away crashes

United States car-maker Fiat Chrysler will be investigated by the National Highway Traffic Safety Administration after complaints were made about their new Ram pickup trucks and SUVs.

20 Dec
globe
Vast Resources eyes Romania as it swings to H1 pre-tax profit

Vast Resources has swung to a first-half pretax profit from continuing operations and says Romania represents a significant opportunity for the company.

20 Dec
lagardechris
IMF backs Lagarde despite guilty verdict in French trial

International Monetary Fund chief Christine Lagarde has been backed by the organisation despite being found guilty of negligence in a French court on Monday.

20 Dec
Summit Germany sells Hamburg office for €14m

AIM-listed property company Summit Germany said it had sold an office building in Hamburg for €14m.

20 Dec
embajador_ruso
Murder of Russian ambassador a 'provocation' - Putin

Russian President Vladimir Putin called the murder of the country's ambassador to Turkey a "provocation", but insisting that it would not derail attempts to resolve the Syrian conflict.

20 Dec
apple-tim-cook-conference-mondiale-des-developpeurs-san-francisco-californie
Apple CEO Cook says prefers dialogue with Trump not conflict

Donald Trump's meeting of tech industry leaders at Trump Tower last week was an opportunity not to be passed up, according to Apple chief executive officer Tim Cook.

20 Dec
Suspect in Berlin market crash denies involvement - police

German police said it was unclear whether a man they had in custody over the truck used in the terrorist attack on Berlin's Christmas market which killed 12 people was the driver.

20 Dec
McColl's
CMA clears McColl's to take over almost 300 Co-op shops

Convenience retailer McColl's Retail Group was welcoming a decision by the Competition and Markets Authority on Tuesday, to give final and unconditional approval to its acquisition of 298 convenience stores from the Co-operative Group that was announced on 13 July.

20 Dec
gold nuggets
Mariana Resources reports exceptional gold-copper grades at Hot Maden

Mariana Resources Ltd said that exceptional gold-copper grades continue to be returned from drilling along two infill cross sections at Hot Maden in Turkey.

20 Dec
money pennys coins
Trading Emissions announces 2.5p/share distribution

Shares in Trading Emissions soared more than a fifth higher on Tuesday as the company announced a distribution of capital to shareholders of 2. 5p a share.

20 Dec
pills tablets medicine drugs pharmaceutical
Provexis reports positive results from Fruitflow tests

Developer of the Fruitflow heart-health functional food ingredient Provexis updated the market on its collaboration agreement with the University of Oslo on Tuesday, undertaking further research into the relationship between Fruitflow and blood pressure regulation.

20 Dec
royal mail
Royal Mail CFO Matthew Lester to step down

Matthew Lester will step down as chief finance officer of Royal Mail following the company’s annual general meeting in July next year.

20 Dec
Bermuda
MPs call for greater tax transparency for British overseas territories

A cross-party group of MPs led by Dame Margaret Hodge has called for greater transparency for Britain’s overseas territories in a bid to root out tax avoidance.

20 Dec
facebook like
Facebook accused of misleading EU over WhatsApp deal

The European Commission has accused Facebook of providing misleading or incorrect information during its 2014 investigation into the company’s $19bn planned acquisition of WhatsApp.

20 Dec
globe_symbol_radar-261x300
Silence Therapeutics, Quark Pharmaceuticals reach settlement

Silence Therapeutics said it has reached a settlement in the arbitration process with Quark Pharmaceuticals, with the former to receive a $1m cash payment.

20 Dec
gold bars precious
Goldplat secures three-year licence in Ghana

African gold producer Goldplat announced on Tuesday that it has received confirmation from the Government of the Republic of Ghana that its licence to purchase and deal in gold in the country has been renewed for a period of three years.